> Your first paragraph is because cars depreciate. Cars are thus the opposite of an investment, barring a few collector models which never got driven much.
Right, and in countries with sane planning laws the same is true of houses.
> If you pay that house off and die, it's in your will and it's yours to pass on to whoever you want. We should absolutely be incentivizing that kind of responsible behavior
Locking up as much prime real estate as possible for your family forever isn't being "responsible", it's a "fuck you, got mine" move. In places where housing is limited it should go to those who need it most, not to those who were lucky enough to have parents who were rich, or happened to buy in the right place at the right time.
Right, and in countries with sane planning laws the same is true of houses.
> If you pay that house off and die, it's in your will and it's yours to pass on to whoever you want. We should absolutely be incentivizing that kind of responsible behavior
Locking up as much prime real estate as possible for your family forever isn't being "responsible", it's a "fuck you, got mine" move. In places where housing is limited it should go to those who need it most, not to those who were lucky enough to have parents who were rich, or happened to buy in the right place at the right time.