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BringTheCat789 on scored.co
1 year ago1 point(+0/-0/+1Score on mirror)
Housing prices are a hilarious thing for politicians to publicly bicker over, because either way they go, whoever is in power will take credit and whoever is not in power will blame. No consistency whatsoever.
If housing prices go up, it's "nobody can afford a home!" If housing prices go down, it's "property values are plummeting!". And the inverse claim for whoever is in power and wants you to think it's good.
There is no winning. Personally, high property values are gay. You may not be able to make money off of your primary residence, but rentals will still be profitable (just not via equity). You may end up underwater, but that just means you can't sell until you're paid up. Not a huge deal.
If housing prices go up, it's "nobody can afford a home!" If housing prices go down, it's "property values are plummeting!". And the inverse claim for whoever is in power and wants you to think it's good.
There is no winning. Personally, high property values are gay. You may not be able to make money off of your primary residence, but rentals will still be profitable (just not via equity). You may end up underwater, but that just means you can't sell until you're paid up. Not a huge deal.