3 ms·
It can exist so long as the middle class still have wealth to plunder, which is the real point of financializing housing. These distortions will be maintained s
by cjbgkagh 4y ago
It can exist so long as the middle class still have wealth to plunder, which is the real point of financializing housing. These distortions will be maintained so long as they serve that purpose. With millennials and later generations being largely unable to build wealth the middle class is on its way to being tapped out.