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LiminalSpace / Liminal Space
npub159h…5e56
2023-08-31 12:16:04

LiminalSpace on Nostr: Blows my mind that house price appreciation (supposedly low risk) is ~inline with ...

Blows my mind that house price appreciation (supposedly low risk) is ~inline with equity markets, commonly know as ‘risk assets’. When house price appreciation exceeds earnings growth at what point does a house become a toxic liability? How long until the government steps in and attempts to prop up this charade with further house-of-cards debt?
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npub159hldfchumhjxaed8exw3ew9yxykdkmyehs52jgshu93enw9lmwstm5e56