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this post was submitted on 17 May 2025
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if you don’t want condos - buy the lot yourself and leave it the way you like. done.
with investment comes risk. people need homes. that outweighs all of that risk when you choose not to buy the property yourself.
A house should not be an investment. One of the reasons we're in this mess in the first place.
To an extent, I agree, but I also disagree. At minimum, you're going to be investing time and emotional attachment to it, if not money. Where you live is probably the one of the most important parts of your life, next to who you're living with.
I don't think people should be allowed to invest in property to not live in it though. It shouldn't be purely for financial gain. Primarily the purpose should be about giving people a place to live.
Yes, I meant in a way that prioritizes monetary gain. Improving property for ones own enjoyment is totally fine. Homes should not be thought of a good monetary investment vehicle, though. In fact, they usually aren't when all costs are properly factored in.
I believe that's what the person you replied to was implying.
I don't think of it in terms of "investing" when I'm making my home my own and maintaining it properly so I can continue to live there.
exactly!