this post was submitted on 28 Aug 2023
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[–] [email protected] 5 points 1 year ago (1 children)

It literally was affordable just fine when it was treated as an investment before, back in the '90s.

Yes, that's how investments work. They are less money at the beginning and then grow over time. If you want apple stock to be affordable like it was in the 90s you'd need to harm the investments of everyone who has already bought it. If you want housing to be affordable you need to hurt the property values of everyone who already has a house.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

Not necessarily. They also can give income, so a taxi company can invest in a taxi even though cars depreciate, because they get returns on it that way.

I don't know why we don't have enough houses, but it's not because you can't make money as a landlord.