• @barneypiccolo@lemm.ee
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      163 months ago

      Housing won’t free up. Black Rock, Morgan and others are buying up all the middle class housing so they can jack up the prices out of reach of most, forcing them to remain renters, then doubling the rents. Thats why housing costs are now more than 50% of income these days.

      Democrats have tried to push legislation banning these companies from buying mass amounts of housing, but the Nazis fully support it. Tent cities will be regular thing by the next “election.”

      • @Aux@feddit.uk
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        23 months ago

        If people understood anything about economics at all they would’ve been in a much better financial position in general.

    • @TronBronson@lemmy.world
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      43 months ago

      Yea lmaoo just like 2009 when we all got bank loans and bought tons of distressed real estate.

      oh wait it’s nothing like that because we don’t have a housing bubble where strippers own five homes