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For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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Well no, not really. If they've turned their savings into a house, and they still have a house, and they could still move house if they wanted, they've lost nothing if the notional value of that house goes down.
(Just as most people don't actually get any richer when the notional value of their house goes up - once you have a house you tend to always need a house; selling up to move into rented accomodation is something you do in distress, not a sign the housing market has played you a blinder. That means the only way anyone tends to realise that supposed value is - you guessed it - by getting into debt by borrowing against it.
Speculators and landlords of course - they benefit. But "won't someone think of the parasites" is not a desperately compelling point of view.)
The value of housing is something to obsess over in countries where everybody is up to the eyeballs in debt secured on it. Where that is not the case, it's far less important (and as it is essentially just the entry fee for independence, ideally it's low, not high.) A fear of house prices ever actually going down, because of what that would mean to mortgage holders, is the reason the UK has a major housing crisis that it can't do anything about (for example.)
OK good point.