If you live in an area prone to natural disasters, you have a few options:
1. Build a robust house that is engineered to withstand the expected disasters. This has a high up front cost.
2. Build a ...
Houses are overpriced because they have become an “investment”, a way to maintain wealth in spite of inflation . Ironically inflation is caused by banks creating money out of thin air when people take out a mortgage to buy a house. 🤡