Hexbyte  Hacker News  Computers City Observatory – Housing can’t both be a good investment and be affordable

Hexbyte Hacker News Computers City Observatory – Housing can’t both be a good investment and be affordable

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A fundamental contradiction lies beneath most of our housing policy debates At City Observatory, we’ve frequently made the case that promoting homeownership as an investment strategy is a risky proposition. No financial advisor would recommend going into debt in order to put such a massive part of your savings in any other single financial instrument—and one…