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.
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The population is growing. There are more people that are wanting homes because of this.
When there are more people wanting homes, but not as many new homes popping up, the value of homes increases.
You can probably buy a cheap home in a low population area still, but any city with a large metro population has no where to build more homes, but the desire to live there is of course growing with the population. So those housing prices go up a lot
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