Speak for yourself : ) The point is whether people can afford the house they are living in. If people are using houses as an investment vehicle that is fine too. It is the only investment that I know of where the profits are tax free. Now, it looks like the Government wants to guarantee the investment too. I have a big problem with that. The government should not be in the business of bailing banks out of bad investments.
As a single woman who is constantly being told “You don’t NEED” this or that or something else that I have, I would like to say what I always tell them: “Sez who?”
Although Mama conceded that my answer to her “Why does a single woman need a maid?” i.e. “I have two jobs, one of them involving a lot of travel” was a good one.
If I ever bought a house, which I never will, I would have at least four bedrooms in it. I have a lot of family and friends and I’d like to put them somewhere besides on blow-up mattresses in the living room.