this post was submitted on 04 Sep 2023
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Thanks for taking the time to write this out. Learned something new today.
Sorry I like to rant and tend to ramble about topics I find interesting.
I just think it is an interesting example of what happens when homes are not treated as a valuable investment, as the opposite of the western view. both can be equally damaging and the balance in the middle is extremely difficult to maintain. you can have plenty of houses nobody can afford, or plenty of affordable houses that nobody wants.
I'm not the person you're replying to, but also thank you for providing valuable insight and a neutral viewpoint! I found it very interesting, and, honestly, never considered houses could anything but increase in value over time. TIL.