suburbanite is fully correct (and some others too). It's unarguable that our addiction to real estate as a safe and reliable investment is harming our competitiveness, innovation, and general economy. I've actually witnessed many real life examples (all "small cuts" at the scale of the economy, yet still net harm). I'm even one myself: having been burned a couple times by business ventures that turned out to be not anywhere near as solid as the model of collecting rent from decently urban brick-and-mortar in an environment of continued Human QE / population Ponzi Scheme (there are billions of people in "shithole countries" who can potentially contribute to Justinflating rents here even more), I'm not participating too much in the economy anymore (proportionally). I know several others who are in the exact same situation. Basically, "spoiled" by real estate, so all other investments just sound unbearably risky; "uh, you could actually lose money with this!!!" is a deal-breaker.
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Suburbia is the worst capital sin / La soberbia es considerado el original y más serio de los pecados capitales
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