You have made me see the light. When you put it this way. Are you saying if the investors parked their money elsewhere ex: gold, stocks, businesses etc. the housing prices wouldn’t be so damn expensive and they could be used for its basic purpose? Shelter and not an investment?
Discussion
Well... I'm less certain now. The beauty of bitcoin (or, one of the many beauties) is that it transmutes greed into a good thing for everyone.
I'm just mad at the mentality. They truly don't deserve it, I stand by that, but we'll be okay.
No, houses would still be expensive. Maybe less expensive in places that are popular with foreign investors, like Vancouver. With the money losing value, expensive immovable objects have to accrue in price.
I still think they should be last. But we'll be okay.