The Newness of Housing

Do you think there's something in housing that lends itself to being a fantastic object, perhaps more than other asset classes? Because houses are very tangible. House price bubbles are the worst type of bubble that macroeconomically devastating. They're associated with construction busts. I mean, basically banking has become about house mortgage finance. And so it's not so much the excitement that goes with a new invention, which is the excitement of the fantasy. It's more sort of can't lose and we can live in it. Maybe the idea of a home is a bit fantastic. A home is something in that kind of way. Yeah. Well, I know that when I hear my wife, for