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> With weaker demand rents would have actually fallen a lot more than now In this sentence, is "weaker demand" euphemism for mass homelessness?
by sangnoir 5y ago
> With weaker demand rents would have actually fallen a lot more than now
In this sentence, is "weaker demand" euphemism for mass homelessness?
- diordiderot 5y agoIt's amazing how sociopathic economics is without context
- manquer 5y agoNot necessarily, demand in Bay Area for example is not really connected to homelessness all that much. While rents have dropped a bit here, it more likely to get 2 months rent free rather than actual drops. In a tough economy I would expect rents to drop and in turn asset prices as well. The 6 trillion pumped in has to go somewhere, if it’s not inflation of consumer goods, it is inflation of capital goods. This has made it incredibly harder for mobility and wealth inequality