So wait.. as in the house is used simply as a line on an asset page - without generating income? Its one thing to own a $250K house rented at $1500 a month and say “thats a 250K asset producing $1500 a month…” its another thing to buy that same house and say “its a $300K asset” - and let it set empty. Sounds great on paper. But at some point these houses need to get off loaded to produce cash somehow. If nothing else when the boomers die off there will be a housing surplus - one that ‘buying a shit ton of empty houses to inflate prices’ will not be able to fix. If you only have a population of 275 million, but 500 million homes in the country…. Something doesn’t add up.

Sounds like we found ourselves the next Ponzi scheme if thats the case.