Sorry, your voice was gargled by Putin's cock. Mind taking it out for just a moment?
Skeith
joined 1 year ago
My favorite bit is "Better to be a slave than dead, no?" Ummm... actually, yes, death may be preferable
Sorry, your voice was gargled by Putin's cock. Mind taking it out for just a moment?
My favorite bit is "Better to be a slave than dead, no?" Ummm... actually, yes, death may be preferable
Homes as wealth-creators.
Americans take it as received wisdom that homes are meant to generate income through higher valuations over time. We just assume home prices go up over time and if it's not actively increasing in value, the home was a failure.
Many other countries don't treat homes this way. They are dwellings, invest what you want to your liking, but it's not a retirement account.
This focus on wealth generation creates lots of perverse incentives, such as exclusionary zoning, building on lots that are overly large, and suburban sprawl. These don't reflect people's actual, desired form of housing but rather maximize wealth for homeowners at the expense of everyone else.
We have a completely warped view of housing that causes us to be preyed upon by real estate agents, landlords, HOAs and the like.