Re:The Airbnb Bubble Popping Will Pop the Housing Bubble
by pfannkuchen on Monday September 04, 2023 @07:03PM
(#37386018)
Unions will only be able to increase wages while preserving the company if we remove cheap, low wage foreign competition. I think that has been a root problem for awhile.
The problem is that the very low interest rates we've had over the last decade are just not sustainable long term. At the very least, the Fed needs a quick, easy way to stimulate the economy, and having a minuscule prime rate leaves them without the biggest tool in their toolbox.