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this is (no joke) why The Fed wants to engineer a recession job losses will trigger home sales by necessity, and the great mass of people with 3% mortgages wil
by 0zemp2c 3y ago
this is (no joke) why The Fed wants to engineer a recession
job losses will trigger home sales by necessity, and the great mass of people with 3% mortgages will be unwedged by force
same thing happened after 2008...the recession pushed people out of the best mortgages they ever had
- JumpCrisscross 3y ago> this is (no joke) why The Fed wants to engineer a recession No it doesn’t. The Fed wants home values to go down. That can occur without job losses. (Which even now, largely aren’t occurring outside tech.)
- 0zemp2c 3y agoconnect the dots...and the people holding up the jobs numbers (Target, Costco, Chiptole) don't own homes, even in Kentucky