I roughly agree with this. My biggest concerns around buying housing are:
The transactional friction of buying/selling homes causes opportunity costs.
People tend to buy too much due to low-interest credit.
But you correctly point out upsides that I don’t dive into.
I roughly agree with this. My biggest concerns around buying housing are:
The transactional friction of buying/selling homes causes opportunity costs.
People tend to buy too much due to low-interest credit.
But you correctly point out upsides that I don’t dive into.