Interesting study on American bankruptcy

[chequita guevara]

Housing prices will continue to skyrocket for the next half century, at least, until the population levels off. With an estimated 480,000,000 of us Americans expected to be around in 2050, I can't even imagine what housing prices will be like then.

And my stupid ass wants to buy beach front property.

[DanS]

Hopefully, y'all realize that buying a $400,000 home at 1,200 square feet is about one and half times the cost of buying the same amount of luxury highrise space.

There are some parameters and trade-offs to the real estate market that you would do well to consider, when you are looking over a long time horizon. The thought that there is a finite amount of land is of course true, but you can always build up.