this post was submitted on 04 Jul 2024
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Housing Bubble 2: Return of the Ugly
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Is recovery really what we want anyway
Right? In my mind, the bust IS recovery.
Well, anyone who bought a house in the last few years will.
I don't give a fuck. Stop buying houses as investments. I'd like to own a HOME. I don't want to sleep in my investment portfolio. Everything we own depreciates, but it's just expected the place you sleep should appreciate.
Yes. Also, no more bailouts.
I feel like that's a case of facing the consequences of their own actions. The idea that a house is an investment, needs to die a painful death, as a warning to future generations.