From Investing.com: 2025-04-21 03:03:00

The rise of financialized asset bubbles has transformed family homes into speculative assets, leading to unaffordable housing for many Americans. The short-term vacation rental boom has fueled the speculative fire, making ownership a liability due to soaring costs of ownership. Major repairs can now cost as much as previous generations paid for an entire home. Property taxes, insurance premiums, and maintenance costs are all reaching eye-watering levels, making home ownership a nightmare for many. As credit-asset bubbles inevitably pop, the future wealth once associated with owning a home is now uncertain, leaving many facing unpredictable costs and deflation of asset values.



Read more at Investing.com: The Family Home: From Shelter to Asset to Liability