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re: Housing prices are alarming

Posted on 6/10/19 at 7:54 am to
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 6/10/19 at 7:54 am to
What about the automobile market?
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 6/10/19 at 7:57 am to
They're both incredibly inflated and a bubble waiting to happen. As well as student Loans. The housing market is up to the same shady shite that happened in 08 and since no actual work was done to fix the underlying problems it'll happen again.
This post was edited on 6/10/19 at 8:02 am
Posted by tigahbruh
Louisiana
Member since Jun 2014
2858 posts
Posted on 6/10/19 at 8:17 am to
quote:

What about the automobile market?

What about it?
People are free to buy, not buy, keep their cars for a long time, sell their vehicles, buy cheaper or more expensive cars, buy used vehicles, etc.

The automobile market pretty much exemplifies a great free market.

As far as going into debt, I think you may need to inform yourself on how finance capitalism works. It is one of the greatest historical emancipators of human freedom, innovation, and progress.
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