cm0002@lemmy.world to Lemmy Shitpost@lemmy.world · 9 days agoLuxury bones? In this economy.lemmy.mlimagemessage-square45fedilinkarrow-up1907arrow-down111cross-posted to: shitposting@lemmy.ml
arrow-up1896arrow-down1imageLuxury bones? In this economy.lemmy.mlcm0002@lemmy.world to Lemmy Shitpost@lemmy.world · 9 days agomessage-square45fedilinkcross-posted to: shitposting@lemmy.ml
minus-squareturnip@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down2·edit-28 days agoPeople 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-28 days agowhat? 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.