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Very right. Education, homes- all get more expensive as you make taking loans easier.
by jmount 11y ago
Very right. Education, homes- all get more expensive as you make taking loans easier.
- jschwartzi 11y agoIt's almost as if the further the asset price gets disconnected from the amount of labor it takes to own it, the more expensive it gets.
- jmount 11y agoYep. If your neighbor is willing to enslave their-self to buy a home, then you are going to have to do the same to buy a home on salary (unless you strike it rich).