Post #479968

“The truth is that homes deliver enormous non‑financial value — stability, community, belonging. Those are reasons to buy. But as financial assets … They are expensive to maintain, difficult to trade, impossible to diversify, and usually purchased with significant leverage. The investment component is real but volatile … It is the predictable outcome of society promoting an undiversified, illiquid, highly leveraged asset as if it were the ultimate life goal.” https://archive.ph/XqCEb