Hacker News new | ask | show | jobs
by bdangubic 516 days ago
I am not demanding cheap housing, I was only commenting on so you own a house, it makes basically no return, now what?
1 comments

I'm saying that if they find a way to keep houses affordable to buy, they can't be viable investments. The US makes for a decent home investment market. You usually see a house price double every ~10 years once it's in a desirable area.

Btw, was your 40% increased house purchased 20 years ago? If so, that's effectively a loss, and I'm not even sure about the one that doubled. 5-10 years would be different.