4 ms·
Hope? If housing prices decline in the US the way they have in Japan it's going to completely change… everything, and not in a good way. Housing is the primary
by themagician 3y ago
Hope? If housing prices decline in the US the way they have in Japan it's going to completely change… everything, and not in a good way. Housing is the primary savings vehicle in the US. Almost everyone relies on values increasing in perpetuity. If housing prices dramatically fall the poverty rate among the elderly is going to go absolutely bananas.