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A 2:15 Alarm, 2 Trains and a Bus Get Her to Work by 7 A.M

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Re: A 2:15 Alarm, 2 Trains and a Bus Get Her to Work by 7 A.M

#321
post #247
post #217

Earlier quoted context omitted.

Are there any concrete plans on how to implement this? In the densely populated parts of the Netherlands we've had an unhealthy housing market for decades, partly because of government subsidized mortages through tax breaks. "Everyone" kind of agrees that is should be abolished, but the polical and popular will is laking, and people won't be able to pay their mortages anymore if it happened too sudden. Also it would…

That's a pretty interesting definition of "everyone." Lacking popular and political will doesn't leave many people who actually want it, does it?

Even when everyone thinks something should happen, it can still not happen because of individual incentives.

Everyone thinks the market would be better off without the mortgage subsidy, but no-one wants his house to lose value because of a resulting market slump or make higher mortgage payments every month.

Re: A 2:15 Alarm, 2 Trains and a Bus Get Her to Work by 7 A.M

#322
post #41

Earlier quoted context omitted.

That's a nice idea, but this is a region where the ground you build on is your enemy.

Counterpoint: Tokyo.

I am highly confident that the regulation in Tokyo is stricter, not less strict

Re: A 2:15 Alarm, 2 Trains and a Bus Get Her to Work by 7 A.M

#323

Earlier quoted context omitted.

You can't live in a statue of a pig. Value of primary residence isn't even considered part of your net worth. It exists, but it's not fungible like other assets.

This response is why you should never use analogies.

I used the pig statue analogy in the same sense as your original.

Anything you own that has value, but is not your primary residence, is intrinsically different from your primary residence.

And that difference is reflected in standard financial metrics.

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