the main thing is the price, home prices today are grossly inflated. ultimately, home ownership is still the primary means of wealth generation for normal people because once you’re done paying for it, you not only save money, you have a valuable asset.
the attitude of disposable goods is the problem, where even homes are treated as temporary and disposable. it’s an attitude rooted in marketing and consumerism, people don’t drive their older, paid off cars because media tells them they’re losers if they do.
then again, the loss of jobs and economic failure of a region can kill your home investment.
