Housing prices and rents are soaring up

Discussion in 'Economics & Trade' started by kazenatsu, Jun 28, 2021.

  1. Zorro

    Zorro Well-Known Member

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    You aren't arguing that the points are false, you are just arguing that Biden is helpless useless and therefore cannot be held responsible by the Electorate.

    Well, tough ****. He will be held responsible.

    Real Wages went up under Trump in each of his first 3 years. In fact, they went up more than they did the entire previous 20 years combined.

    Now, under Bug-Out Biden, real wages have actually shrunk. Every time you get a ballot in your hand, you have an opportunity to clobber the bastards. We all know who is currently in charge at the Federal Level. Throw the bastards out. They are not working for you, they are throwing BS your way and grabbing the grift and the graft with both fists.
     
  2. Zorro

    Zorro Well-Known Member

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    "I’VE GROWN STEADILY LESS CONFIDENT IN AUDITORS OVER THE YEARS": Auditor missed Evergrande signals.
    We are going to regret not continuing the Orange Miracle's great work starting to decouple the US economy from the Outlaw Lying Slavers of Beijing.
     
    Last edited: Sep 25, 2021
  3. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Rich investors are flooding the market, trying to protect their savings from inflation.

    Another unintended side effect of inflation. Has pushed home prices up even more than the inflation rate directly has.

    And why not buy an extra home if you are an investor? The Fed is still keeping rates at artificially low levels, so with a high inflation rate it encourages people to borrow more money, because with inflation it will be easier to later pay it back. This pushes up home prices even more.
    The interest rates on a home loan are virtually in negative territory if you factor in inflation.
     

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