/biz/ - Business & Finance

[Anonymous No.51052621]

Has housing always been seen as an investment throughout human history or is it rather a recent thing?

[Anonymous No.51052639]

>>51052621
>thoroughout human history

[Anonymous No.51052644]

>>51052621
Since the 30 year fixed rate mortgage

[Anonymous No.51053537]

>>51052644
False
>>51052621
In the USA residential real estate became an investment for home owners when capitol gains tax laws changed in 1997. Prior to then all real estate sales were subject to capital gains tax. After 1997 it became advantageous to buy and sell every few years nearly tax free.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3002430/

[Anonymous No.51053558]

>>51052621
An investment in your family, yes. Houses in past ages were built to last.

As a popular financial instrument...? I don't really think that started until after the end of WW2 and the whole instant-suburb thing, though I'm willing to be corrected.

[Anonymous No.51053576]

Housing became an investment for super rich in the 1980s

Then around the 2000s is when the middle class started investing in property

The early-mid 2010s is when even working class people started getting an investment property


But now you have billion/trillion dollar investment funds buying property so basically everyone besides upper-class or high is now getting priced out of investing in property

The mom and pop landlord is a thing of the 2000s/2010s and is basically lot happening anymore and is dying down

[Anonymous No.51053590]

>>51053558
im pretty sure hitler allready banned speculative investments on habitual spaces pre WW2, as there was a huge housing crisis during weimarer republik. he always has seen it as a tool made by jews to surpress.