alt Hacker NewsBecause we’ve been sold the story that your house has to appreciate in value 2-3 times over the period you live in it, consequently, homeowners vote against anything that lowers housing costs.
Because we’ve been sold the story that your house has to appreciate in value 2-3 times over the period you live in it, consequently, homeowners vote against anything that lowers housing costs.
Except it's not much of a lie. The actual return on housing is basically not much higher than inflation