this post was submitted on 08 Nov 2023
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Your money is in the bank, and banks, which a re for-profit, make a lot of their money on real state and mortgages. Not sure where you get making houses investments from, but for banks, it works out excellently, and when it doesn't, "Too big to fail" demands they (as in their CEO bonuses) get rescued anyway.
Cars are investments for banks too, but I'm specifically talking about buyers. Selling a house for more than you bought it is the most absurd thing I've ever seen, and that's coming from someone buying a house as we speak. I should not be able to sell this thing for 2x its value in ten years.