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>Housing is not supposed to be an investment vehicle.

I always take issue with this when I see it. Who is making the supposition, and what reality do they live in.

It is a durable capital asset which provides either revenue or cost savings. In what economic world is that not an investment of some sort.

Should housing be a bad investment?

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Capital equipment is also a durable asset, but it is productive. Sick of stumbling over hundred homeless whenever I go shopping, and then there's the knock-on effects of people not being able to take jobs because of the excessive costs of housing.

Housing is very productive. It produces shelter.

I dont like homeless people either. We need to build more housing.

Shouting at the clouds about price does not solve that.

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