LiminalSpace on Nostr: Blows my mind that house price appreciation (supposedly low risk) is ~inline with ...
Blows my mind that house price appreciation (supposedly low risk) is ~inline with equity markets, commonly know as ‘risk assets’. When house price appreciation exceeds earnings growth at what point does a house become a toxic liability? How long until the government steps in and attempts to prop up this charade with further house-of-cards debt?
Published at
2023-08-31 12:16:04Event JSON
{
"id": "e01a339863ccef9378bde619bbc7731375a7ab26513e192f38db18c2bbe34a54",
"pubkey": "a16ff6a717e6ef23772d3e4ce8e5c5218966db64cde1454910bf0b1ccdc5fedd",
"created_at": 1693484164,
"kind": 1,
"tags": [],
"content": "Blows my mind that house price appreciation (supposedly low risk) is ~inline with equity markets, commonly know as ‘risk assets’. When house price appreciation exceeds earnings growth at what point does a house become a toxic liability? How long until the government steps in and attempts to prop up this charade with further house-of-cards debt?",
"sig": "9a33ae510b81771d35eeb2df1a25b87fb8497aee7b9fea6d6cff6586dd93363b98002a59723911811085c74d900bf9bc19d548baf6b45aea338d72ffbe61a209"
}