It's interesting how housing in some countries is seen as a store of value (mostly the anglosphere) whereas in others it's seen as primarily a utilitarian purchase (continental europe and japan)
If I had to choose between the 2 models I'd probably pick the euro/japan one, just out of the logic that you need a house to live and hoarding them for wealth generation seems to have a lot of negative externalities on the economy. It's not really a productive use of capital.
If I had to choose between the 2 models I'd probably pick the euro/japan one, just out of the logic that you need a house to live and hoarding them for wealth generation seems to have a lot of negative externalities on the economy. It's not really a productive use of capital.