Little Rules About Big Things
Housing is often a liability masquerading as a safe asset.
I want a house because I want somewhere to sleep, eat good snacks, and curate stuff I enjoy with people I like. I don’t like that it’s difficult for everyone to find a place to sleep, eat good snacks, and curate stuff they enjoy with people they like because people who don’t appear to enjoy anything and seem particularly disconnected keep buying more houses as assets in a portfolio.
How can we make this market volatile, to remove the incentive of investment?. But it has to be stable enough so I have a place to sleep, eat good snacks, and curate stuff I enjoy with people I like.