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rifung | 6 years ago

> Does that not apply to most investments? The stock market, aftre all, only works as an investment because everyone is in on an elaborate confidence game.

I don't think this is true?

As far as I can tell, there is no reason for housing prices to increase on their own. I suppose you can make the argument for increased population growth but we haven't reached the point where this is a problem, at least in the US.

On the other hand, businesses exist for the sole purpose of making money. Literally everyone in the company is (supposed to be) working towards the goal of increasing profits.

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