Re:Low interest rates in advanced countries have pushed mone...
by closeparen on Saturday November 27, 2021 @12:02AM
(#29357601)
If we’re going to ban things because “trust us, you don’t know your own preferences” or “you’ll change your mind later” then we’d better start with alcohol and cigarettes. Apartments would be pretty far down the list.
And eventually those people visit friends or see pictures on social media of people similar to them with large back yards, land and big kitchens - and say, shit, maybe we should look into this.
As it happens, just possibly a black swan pandemic event keeps those folks indoors with their kids and dogs, with their nonplussed neighbors, children running around behind Zoom conference calls, and pictures on social media of people with houses and backyards causing massive envy...
And welcome to today.
That's the housing situation in the suburbs and exoburbs. This is BEFORE even even talk about the insanely low interest rates on offer during this time.