mos_8502 :verified: on Nostr: Her: "K, you're a homeowner with 100% equity, why are you rooting for a housing ...
Her: "K, you're a homeowner with 100% equity, why are you rooting for a housing market crash?"
Me: "That's exactly why I'm rooting for it. I own this pile of wood and bricks, and the land it's on, outright. Long as the property taxes get paid, I'm beyond the reach of capitalism's attempt to enslave me under threat of homelessness. Unless I sell the place, I never have to think about rent or the market again. So fuck the investors, let their assets depreciate, so my friends and family can maybe afford to join me in escaping the rental treadmill."
Me: "That's exactly why I'm rooting for it. I own this pile of wood and bricks, and the land it's on, outright. Long as the property taxes get paid, I'm beyond the reach of capitalism's attempt to enslave me under threat of homelessness. Unless I sell the place, I never have to think about rent or the market again. So fuck the investors, let their assets depreciate, so my friends and family can maybe afford to join me in escaping the rental treadmill."