To be clear, I understand what inflation is, but something that’s only keeping up with inflation doesn’t make sense to me as an *investment.* I can understand increasing value by actively doing something, like fixing the roof or adding an addition, but not by it just sitting there.
In: 1365
Supply and demand. Governments in the west are importing more and more immigrants and not increasing the housing supply to keep pace with it. This causes upward pressure on houses.
Added to that, price increases are greatest in desirable areas for the same reason. People want to move there so houses in the area become more expensive: supply and demand.
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