• iopq@lemmy.world
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    10 months ago

    It comes from owning an investment. The stock market has similar returns to the real estate market.

    But the real estate market doesn’t need to keep going up. For example, after the increase in supply of housing in Austin, the prices are down 16% off the 2022 peak

    If this could be replicated for the whole country, it would improve the situation immediately.

    I don’t understand the law you’re proposing. Would it apply to hotels? Do you need to live in the hotel you own? Apartment building? Hot spring resort? Ski lodge?