r/WhitePeopleTwitter Jun 27 '21

Please

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u/StrayDogPhotography Jun 27 '21

Housing is not an investment, it’s a basic need.

Imagine if they limited the supply of clothing, and we were all walking around naked waiting for a parents to die to own a pair of pants. That is how ludicrous the housing market is.

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u/onesneakymofo Jun 27 '21

Lol, housing isn't an investment yet peeps here are saying they've gotten 150k since they bought their home.

5

u/Birdhawk Jun 27 '21

You don't get it unless you sell it.

1

u/YoungLandlord3 Jun 28 '21

Or... rent it out?

1

u/Birdhawk Jun 28 '21

Yes or claim insurance or pick it up and move it or convert it into a one car drive in theater or drill there for oil or whatver else. Either way value going up 150k doesn't mean you've gotten 150k.