• mapiki@lemm.ee
    3·
    1 year ago

    Wait - can you explain this further?

    Why depreciating asset?

    Also, they probably aren’t selling it right? Just using as a rent-free option after paying mortgage to lower cost of living?

    What am I missing?

    • Semi-Hemi-Demigod@kbin.social
      2·
      1 year ago

      If we increase the supply of housing, the price of existing stock will go down. Heck, if we keep hedge funds out it might go down, or at least not increase as much as it would.