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Good hopefully the prices will slide back towards pre pandemic levels making it more affordable for people
by christkv 3y ago
Good hopefully the prices will slide back towards pre pandemic levels making it more affordable for people
- bradleyjg 3y agoHouses too …
- dylan604 3y agoi'd be happy with a car
- foobarian 3y agoI wouldn't mind a Nvidia RTX 3090.
- dylan604 3y agoI'd prefer that Mazda RTX 3090
- radicalbyte 3y ago..and a 4090 for the 1000 EUR it should cost, not the 1900 EUR..
- seydor 3y agohouses need to reverse decades
- cloverich 3y agoThe last few years in particular have seen a dramatic rise in housing prices[1]. Reversing even a few years would dramatically increase affordability for many people. [1]: https://fred.stlouisfed.org/series/MSPUS https://fred.stlouisfed.org/series/MSPUS
- karmicthreat 3y agoYea, but it would probably put many people underwater on loans.
- panick21_ 3y agoYou don't heal 50 years of bad urban planning and bad housing policy in a short time.
- bradleyjg 3y agoThe last three years make the run up to 2008 look like the salt flats. There’s a long term issue but an immediate crisis.
- HDThoreaun 3y agoThis countries middle class will turn into single issue voters if housing prices ever go down. Politicians are too scared of them to let it happen.
- AYBABTME 3y agoIf anything, houses are going to stagnate until inflation catch up. No politician will want to sit in office while overseeing a nation-wide collapse of property value, this would tear the fabric of society too much. People can stomach making a stagnating investment, but they can't stomach making an investment that loses value, especially not when the investment is touted as a no-brainer and basic life goal investment by everyone (the American Dream).
- HWR_14 3y agoReagan did, and he was somewhat popular. Seriously, preventing future politicians from doing this is part of why the central banks are independent in G7 countries.