3 ms·
Yes! The fact that as a civilization we decided to run real estate as a ponzi scheme does not uniquely impact the upper middle class. Quite the opposite. Ditto
by smallmancontrov 6mo ago
Yes! The fact that as a civilization we decided to run real estate as a ponzi scheme does not uniquely impact the upper middle class. Quite the opposite. Ditto inflation, which is notoriously good at punching down.
- Pay08 6mo ago[flagged]
- smallmancontrov 6mo agoMost Americans live in an owner-occupied residence. If you want to reform housing, you have to contend with that fact.
- Obscurity4340 6mo agoIts basically a pointless metric, all it means is someone in the house owns it and never mind how densely packed it is with non-owners, or people who do not share ownership in any sense