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by heroiccocoa 12 days ago
I can't think of a good reason as to why people would want housing to be a good investment except if their own wealth depends on it or they want to preserve the wealthy character of their own neighborhood. It takes away investment from local enterprise, local government, which would spur innovation, salary growth, better infrastructure, municipal services, etc.
1 comments

For the average American homeowner 25-50% of their wealth is in their home.