Anonymous
asked: I hope I'm not causing unnecessary discourse and I don't intend this as disingenuous. Do you think the case older folks for whom their home is their primary, or in some cases sole major, asset in preparation for retirement is or should be a major concern when discussing the housing market.
This isn't to imply that this is a correct way to organize society but is it a real issue in all of this?
The way I look at it is that even with a reasonable housing market, a single family house is worth roughly 150k to 200k, which should be enough for someone to live comfortably given there are affordable transit means and they still have access to cheap housing