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Housing prices will drop, rich individuals and companies flush with profits from the federally propped up stock market will swoop in and buy them at a discount.
by wonderwonder 6y ago
Housing prices will drop, rich individuals and companies flush with profits from the federally propped up stock market will swoop in and buy them at a discount. Stocks will drop as cash leaves it for housing, negatively affecting retirement accounts and lower net worth individuals. The new landlords will rent them out, housing prices will rise again.
The current system works perfectly for what it was designed to do.
The cycle repeats endlessly funneling money from the lower class upwards.