Re:Investors bought a record share of U.S. homes in 2021
by pydry on Thursday February 17, 2022 @12:47PM
(#30376188)
>No. Just like the student loan crisis, when you make borrowing money really easy it drives prices up.
Of course it does. However, the net result of lowering interest rates is just that the middle class pays through the nose for assets (housing) instead of for money (debt service).
The parasite sucks the same money from a different location.
Wealth inequality with high interest rates and with low interest rates are two sides of a very similar coin.
Of course it does. However, the net result of lowering interest rates is just that the middle class pays through the nose for assets (housing) instead of for money (debt service).
The parasite sucks the same money from a different location.
Wealth inequality with high interest rates and with low interest rates are two sides of a very similar coin.
The only real fix is to tax the rich.