Quote:
Originally Posted by Jibartik
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Raisng the interest rates to combat inflation is a hilarious idea IMO. It's like literally saying this in my opinion:
"We're going to make it impossible for you to afford to do anything anymore and that should lower prices."
The banks and the wealthy are robbing the people of this country blind and it is a ticking time bomb.
While the market prices drop, they will buy everything in cash, and their lives wont change a bit while they make HUGE profits and the vast majority of americans, from the upper middle class and below, will all be paying the price for it.
It's fucking insane to me I cant believe people live in this wacko world.
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Right now zoning ordinances and regulations have more impact on housing supply than the government loan interest rate.