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Ideally! It’s a great time for those with high amounts of wealth to buy up assets from those suffering from inflation. Cheaper stocks, people losing their homes
by rajin444 3y ago
Ideally! It’s a great time for those with high amounts of wealth to buy up assets from those suffering from inflation. Cheaper stocks, people losing their homes due to unemployment, business going under, etc.
- mushbino 3y agoThat's one of the reasons they do this. Largest companies get to consolidate further.
- deleted 3y ago[deleted]
- wil421 3y agoAre people really losing their homes? 2022 is still down from pre-pandemic levels. 2020 and 2021 are outliers because of eviction bans. https://www.attomdata.com/news/market-trends/foreclosures/attom-year-end-2022-u-s-foreclosure-market-report/ https://www.attomdata.com/news/market-trends/foreclosures/at...