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A comment on Food Prices Are Soaring Faster Than Inflation and Incomes. Parent comment

Re:Food Prices Are Soaring Faster Than Inflation and Incomes by ChuckNorris89 on Monday March 08, 2021 @10:36AM (#26386802)
But at least the bubble popping would make it easier for the middle class newcommers enter the market.

Just inflating the bubble further, as every European bank and government is doing, to make existing property owners richer on paper and get their votes, is not a viable long term solution.

IMHO, it can't pop sooner. Houses should be for living, not for speculation and hoarding wealth. The younger generations have been screwed enough by the old established wealth hoarders.

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Re:Food Prices Are Soaring Faster Than Inflation and Incomes by oceanplexian on Monday March 08, 2021 @07:02PM (#26393397)
I was around during 2008, that's exactly the opposite of what will happen. Financing will dry up and the newcomers will find themselves in a highly competitive rental environment with inflated prices, while the banks and wealthy snap up SFH's for pennies on the dollar.
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