Making sense of what’s going on in the housing market

Re:Making sense of what’s going on in the housing market by danhak on Wednesday April 21, 2021 @11:37AM (#26891060)

*immiseration of those who don't hold assets

Which is precisely what's been happening. Just take a walk around any major urban center in the U.S. There is misery in the streets. The opioid crisis is another manifestation of the same despair. Historic civil unrest, "eat the rich" / "billionaires shouldn't exist" rhetoric heating up. Etc. etc.

[ Parent | on HN ]

Re:Making sense of what’s going on in the housing market by emodendroket on Wednesday April 21, 2021 @11:48AM (#26891220)

But none of those things are very recent.

[ Parent | on HN ]

Re:Making sense of what’s going on in the housing market by danaris on Wednesday April 21, 2021 @02:22PM (#26893513)

It's been happening gradually over the course of the last 40-odd years.

[ Parent | on HN ]