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A comment on Americans Have Never Been So Unwilling to Relocate for a New Job. Parent comment

Re:Americans Have Never Been So Unwilling to Relocate for a ... by 0zemp2c on Wednesday May 17, 2023 @03:05PM (#35979752)
this is (no joke) why The Fed wants to engineer a recession

job losses will trigger home sales by necessity, and the great mass of people with 3% mortgages will be unwedged by force

same thing happened after 2008...the recession pushed people out of the best mortgages they ever had

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Re:Americans Have Never Been So Unwilling to Relocate for a ... by JumpCrisscross on Wednesday May 17, 2023 @03:40PM (#35980205)
> this is (no joke) why The Fed wants to engineer a recession

No it doesn’t. It wants home values to go down. That can occur without job losses. (Which even now, largely aren’t occurring outside tech.)

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Re:Americans Have Never Been So Unwilling to Relocate for a ... by 0zemp2c on Thursday May 18, 2023 @02:50PM (#35992408)
connect the dots...and the people holding up the jobs numbers (Target, Costco, Chiptole) don't own homes, even in Kentucky
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