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We learned during the Great Recession that our whole economy is built on housing. Headline is more accurate than homeowners (now corporations speculating by bu
by dirtyhippiefree 3y ago
We learned during the Great Recession that our whole economy is built on housing.
Headline is more accurate than homeowners (now corporations speculating by buying houses as investments, see Zillow) care to admit.
- martinbaun 3y agoyes, exactly. The solution is pretty clear. End the fed.
- AnimalMuppet 3y ago"Pretty clear"? I don't think it's clear at all that that's what follows from dirtyhippyfree's point.
- tonypags 3y agoYou're partly correct. Our economy runs on consumption. Housing is a consumable, of sorts. Then you consume home appliances, furniture, textiles, etc. People consume more when they own, and less when they rent.