Commentary: Future of housing as investment is uncertain

Housing patterns and values have changed over the decades, adapting to workforce trends, infrastructure investments and cultural norms. The latest changes include a rethinking of renting versus owning and an emphasis on walkable communities, and future evolution is likely but difficult to predict, writes Robert Shiller, economics professor at Yale University. "The outlook is so ambiguous that there is no single answer to the question of housing's potential as a long-term investment," he writes.

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