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Real Estate
Reply to "Why do people sell their houses?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You’re making a rich people argument. The other 90% isn’t able to afford it.[/quote] Quite the opposite. Very rich people aren't landlords; they might own many houses but they don't rent any of them out. They know that their money is better invested in the stock market.[/quote] You're missing the point. It has nothing to do with the very rich and what they do or don't do with their homes. It has everything to do with the fact that the vast majority of people need to sell their current home to afford the down payment on their next one. It's like the entire basis of the property ladder.[/quote]
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