4 ms·
Except we really need deflation. A dollar today is 2.6x less than a pre-2021 dollar. People can't afford homes anymore, and it's not entirely because of the int
by ThunderSizzle 2y ago
Except we really need deflation. A dollar today is 2.6x less than a pre-2021 dollar. People can't afford homes anymore, and it's not entirely because of the interest rate, but because everyone's home has doubled in price since 2020.
The market is locked up. How many families are making 133k+ a year to make the 3x rule for a 400k tiny townhome? The US Census reports the average household income is 75k.
The Feds and Deep State have played with people's lives for too long, pretending like they can offer security and order. In reality, they've screwed over the middle class.