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A comment on Ever-increasing home values are a Ponzi scheme. Parent comment

Re:Ever-increasing home values are a Ponzi scheme by Sophistifunk on Monday June 21, 2021 @07:44PM (#27586037)
It's very clear that our (Strayan) government will sacrifice anything on the altar of the housing bubble, because that's what the boomers demand, and they're still in charge for some reason. The rest of us get the shaft.
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Re:Ever-increasing home values are a Ponzi scheme by foobar33333 on Monday June 21, 2021 @08:17PM (#27586333)
It's because half the population has their retirement based on housing values so if you crush that, you have a generation of boomers with no retirement money.
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Re:Ever-increasing home values are a Ponzi scheme by Sophistifunk on Tuesday June 22, 2021 @06:02PM (#27597778)
...so instead we have gen x and younger with mostly no retirement money and mostly no houses either. Great plan.
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Re:Ever-increasing home values are a Ponzi scheme by 8note on Monday June 21, 2021 @08:35PM (#27586500)
Keeping the housing price expensive seems less efficient than just paying the boomers retirement money.

All kinds of people get to profit off of the high housing prices that could otherwise be part of the retirement money

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