alt Hacker NewsOne thing that is critical is that the country hasn't turned home ownership into an ever growing financial asset that is meant to carry the majority of one's wealth into perpetuity
One thing that is critical is that the country hasn't turned home ownership into an ever growing financial asset that is meant to carry the majority of one's wealth into perpetuity
Well, it did at one point, it’s just that the crash that resulted was so nasty it disabused anybody of that notion.
At the peak of the bubble era, just the land underneath the Imperial Palace had an estimated real estate value larger than the entire state of California.