[onion2k]

That definitely wasn't the case in the 1990s through to about 2020. House prices doubled about every 10 years in some areas while interest rates were about 2% on average. Housing has been by far the best small investment open to most people.

The problem now is that property buying at scale for the long term is a model private funds are trying, interest rates are going up, and housing supply at the lower end of the scale is constricted because there's no profit building those houses. All of which means people who want to buy a house rather than pay a landlord are basically screwed.

[listenallyall]

Not disagreeing with the general assessment however let's stick with facts... mortgage rates decreased during much of that period but were still above 6 through most of the 90s and even at the lowest, didn't get all the way down to 2.0%

https://fred.stlouisfed.org/series/MORTGAGE30US

[onion2k]

I didn't say mortgage rates. I wasn't saying it was cheap to buy a house. I was saying that buying a house was a better investment compared to interest rates eg putting the money in the bank. I could have made that clearer.