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re: Housing market not cooling off at all

Posted on 4/10/24 at 11:01 am to
Posted by LSURussian
Member since Feb 2005
127159 posts
Posted on 4/10/24 at 11:01 am to
quote:

More foreign people buying real estate = higher mortgage property tax rent etc = less food for you
I must have skipped my college Econ class that day when the prof covered that equation...
Posted by fareplay
Member since Nov 2012
4972 posts
Posted on 4/10/24 at 11:02 am to
Doesn’t take a lot to understand spending more on other essentials with wage constant means you have less money for other stuff.

CNBC said the other day inflation isn’t keeping up with wage growth and I almost vomit
Posted by Dadren
Jawja
Member since Dec 2023
1083 posts
Posted on 4/10/24 at 11:03 am to
quote:

I must have skipped my college Econ class that day when the prof covered that equation...

It was the day he was reading from das kapital.

You didn’t miss anything important.
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