Because homes are overpriced, because they're treated as capital instead of a du... | Hacker News

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		diordiderot on May 6, 2022 \| parent \| context \| favorite \| on: Homes in 97% of U.S. cities are overvalued, Moody'... Because homes are overpriced, because they're treated as capital instead of a durable good & because all financial / building policy advantages existing homeowners

endisneigh on May 6, 2022 [–]

Ok, so if you can’t or don’t want to buy you rent. No one is entitled anything. Or you can move to a less desirable area that’s cheaper.

Overpriced or not, people still buy.

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