This 'something to think about" is not entirely correct.
Over time, your mortgage is reduced and your invstment rises, giving the owner access to further funds that he/she would never have been able to save over the same period or use as leverage to buy, lease, spend, shop, use services etc.
So there is not actually a set amount of money in the economy, that simply is not true.
There are multiple factors to consider, for example.....what if I buy shres then they suddenly go up 300% and I sell?
I have made money that wasnt in the economy.
The person who sold them to me may have also made money from them as he bought 25 years ago.
I could provide many examples where money is created out of very little if not nothing.
So the price of houses means very little.
In theory it can affect the amount of money in an economy, but it can also reproduce many fold the money a savings account or term depost can.
