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A comment on Why the government took home prices out of its main inflation index. Parent comment

Re:Why the government took home prices out of its main infla... by jdashg on Saturday May 28, 2022 @05:01AM (#31538781)
If everyone gets the benefit, does anyone really get the benefit? In a zero-sum game of prospective home owners bidding against eachother, if both of two opponents the option of longer mortgages, does affordability actually increase? The sticker price just gets bigger.
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Re:Why the government took home prices out of its main infla... by faangiq on Saturday May 28, 2022 @10:27PM (#31545718)
Well, now you have a layer of banks collecting interest on what was previously a cash purchase at 1/100 the price. So, yes, someone is winning this game.
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Re:Why the government took home prices out of its main infla... by mtoner23 on Thursday June 02, 2022 @01:37PM (#31598063)
Markets are not zero sum!
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