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Posted on 11/10/26 at 6:36 pm to fareplay
quote:
Middle class are also suffering from high rates as well. No winning
Unless you’re a saver and don’t live off floating debt.
The affordability of housing was driven entirely by easy credit and monetary inflation. The only way out of an inflationary asset bubble is pain.
Posted on 11/10/26 at 8:03 pm to Walter White Jr
quote:
I’m looking to buy a new house in 12-14 months for my growing family. Oof
And it'll be the best time to buy since the crash. Inventory is high and is growing. Lock in a great deal in 27.
Refi if you get the chance.
Posted on 11/11/26 at 12:04 pm to Billy Blanks
the plain truth (math) of this economic crisis (and it is a crisis) is one of spiraling costs
Posted on 11/11/26 at 12:17 pm to Suntiger
quote:
Inflation is killing the middle class.
Nothing the Fed does now will have a meaningful effect. The things done during Covid will give us inflation for a long time. Maybe it wasn’t the best idea to shut down the economy.
Posted on 11/11/26 at 2:43 pm to SloaneRanger
quote:
The things done during Covid will give us inflation for a long time.
quote:
Maybe it wasn’t the best idea to shut down the economy.
The economic consequences of this, and really all of Covid response, are probably dwarfed by the political, societal and cultural consequences.
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