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Turns out all that happened was the rich benefitted and the poor suffered. Who'da thought?
(media.kbin.social)
this post was submitted on 28 Jul 2023
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Some capital does. Some capital opposes building in Cali. I mean, it’d (rightfully) destroy the value of a lot of beautiful homes used in part as investment vehicles. Otherwise, why would anyone be concerned with property values?
Am i crazy or is real estate an asset but not generally considered capital colloquially?
I get your take, that people use homes a investments, strongly oppose the icept that homes should appreciate in value
Depends on who you’re talking to, I think. I don’t know that there’s a colloquial consensus.