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A comment on Low interest rates in advanced countries have pushed money into real estate. Parent comment

Re:Low interest rates in advanced countries have pushed mone... by tehjoker on Wednesday November 24, 2021 @11:40PM (#29338279)
In my opinion, you move the prices back to $200k and reprice the loans to the $200k price level. The banks take the haircut, Bob gets to continue to live in his house. Of course, this causes the financial system to fail, but fuck em. Let the government take over the financial sector.
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Re:Low interest rates in advanced countries have pushed mone... by knicknic on Wednesday November 24, 2021 @11:44PM (#29338294)
The banks don’t own the loans, the government does, or peoples retirmenet funds…

How is repricing home loans going to affect banks?

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Re:Low interest rates in advanced countries have pushed mone... by tehjoker on Friday November 26, 2021 @12:07AM (#29347620)
Well, I'm pretty sure the banks do in fact originate mortgages but if they are ultimately owned by the government, then given we print our own money and collect taxes, such things can be adjusted easily.
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