Quote:
Originally Posted by Sylvanfan
If you've been there for a long time chances are you'll fund your retirement by selling your house and moving elsewhere.
|
I’ve said it once, and I’ll say it again:
Houses are unique in the sense that people expect them to be available at a price that they can afford today, while also expecting that they can sell them later at a price that makes them a profit.
How to keep housing values low enough to allow people to buy one but yet high enough to allow people to use them as a retirement/savings vehicle is a bit of a conundrum.