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You know it's funny how Socialists complain about evil businesses and IT professionals with their high income/profit being the cause for the insane real estate
by DominikR 10y ago
You know it's funny how Socialists complain about evil businesses and IT professionals with their high income/profit being the cause for the insane real estate prices in San Francisco and other places when it is really their beloved government (I don't buy for a second that central banks are really independent) causing this by handing out free money to those who held stocks by artificially inflating the stock markets.
Of course these people are going to diversify because they can see the writing on the wall. So what are they going to invest in? Tangible assets like real estate. Here in the EU real estate has basically doubled in price during the last 4 years and people complain that they can't afford the rent anymore, yet the governments have been successful in convincing the majority that it's actually these evil Capitalists who are the cause for this.
- John23832 10y agoOther than ranting, what was your point?
- DominikR 10y agoIf you don't like my viewpoint you can engage in a conversation, I'm not someone that ignores people with other opinions. But I am going to make my case that governments should stop manipulating the markets whenever I want because it hurts the majority. (not me though, I've actually profited greatly from this. I'd still prefer it to be fair for everyone because I do not fear competition - competition actually gives me great pleasure whether I win or lose)