cm0002@lemmy.world to Lemmy Shitpost@lemmy.world · 12 天前Luxury bones? In this economy.lemmy.mlimagemessage-square39fedilinkarrow-up1908arrow-down111cross-posted to: [email protected]
arrow-up1897arrow-down1imageLuxury bones? In this economy.lemmy.mlcm0002@lemmy.world to Lemmy Shitpost@lemmy.world · 12 天前message-square39fedilinkcross-posted to: [email protected]
minus-squareturnip@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down2·edit-211 天前People speculate with cheap mortgage debt, nobody is spending their own money. They could also just as easily be speculating that the currency will inflate and it will debase their debt, as the Fed does QE.
minus-square☂️-@lemmy.mllinkfedilinkarrow-up3·edit-211 天前what? people speculate with real estate. theres more vacant homes than homeless people in quite a lot of major cities around the globe. they are bought up to appreciate and/or serve as permanent captive rent money.
People speculate with cheap mortgage debt, nobody is spending their own money.
They could also just as easily be speculating that the currency will inflate and it will debase their debt, as the Fed does QE.
what? people speculate with real estate. theres more vacant homes than homeless people in quite a lot of major cities around the globe.
they are bought up to appreciate and/or serve as permanent captive rent money.