[aperson_hello]

Building new inventory and making housing more affordable would dissuade individuals from buying new homes?

[zamalek]

Real estate is often seen as a safe investment. If property prices fall then it is no longer an investment.

[polygamous_bat]

> If property prices fall then it is no longer an investment.

So people who want to park their money in a house rather than living in it are discouraged to buy up the available housing.

Yup, good. Seems like it should be going exactly as expected.

[HWR_14]

So the harm is people will invest in the stock market instead of buying real estate to rent out?

[drekk]

It's a "safe investment" because people need a place to live and the supply is artificially constrained. Personally don't see why the barrier to having a place to live for new generations should be raised just so that boomers can guarantee returns on an asset.

[mortureb]

Why buy now when prices will be lower in six months, or a year from now.

Why develop new housing blocks (as a private developer) if it is a depreciating asset.

[bondarchuk]

>Why buy now when prices will be lower in six months, or a year from now.

To live in the house.

>Why develop new housing blocks (as a private developer) if it is a depreciating asset.

To sell to people who want to live in the house.

[xnx]

Cars get better every year and depreciate, yet millions are still made and purchased. We'd probably be better off if housing was similar.