The Family Home: From Shelter To Asset To Liability
3 Articles
3 Articles
The Family Home: From Shelter To Asset To Liability - Nemos News Network
Authored by Charles Hugh Smith via OfTwoMinds blog, The deflation of asset bubbles and higher costs are foreseeable, but the magnitude of each is unpredictable. With the rise of financialized asset bubbles as the source of our “growth,” family home went from shelter to speculative asset. This transition accelerated as financialization (turning everything into a financial commodity to be leveraged and sold globally for a quick profit) spread into…
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