IMHO the problem is systemic. There are very few ways to save for retirement without economic rent. Landlords suck, and so does the macroeconomic policy that encourages becoming a landlord instead of just saving money.
The only reason housing, an otherwise depreciating asset, can become an investment is through land scarcity (to be solved with land value taxes) and through housing scarcity (created with policy such as height restrictions, “green” belts, and difficult building permit processes)
Commodity housing is a crime against humanity.
Buying homes to use as gambling chips is a crime against humanity
IMHO the problem is systemic. There are very few ways to save for retirement without economic rent. Landlords suck, and so does the macroeconomic policy that encourages becoming a landlord instead of just saving money.
The only reason housing, an otherwise depreciating asset, can become an investment is through land scarcity (to be solved with land value taxes) and through housing scarcity (created with policy such as height restrictions, “green” belts, and difficult building permit processes)