The housing gatekeepers and unofficial enforcers of economic and racial housing segregation are struggling?
The stewards of Capital, the PMC, are trembling…
Good, no more Sunday brunches and tennis club for these shitbags
self reported
discard with predjudice
e: i mean id love for it to be true but small busniess owners are always 100% lying when speaking to the media about their expenses
Even if they are struggling, it’s probs because they’re too dumb to be running a business. They should’ve done a better job saving their ill-gotten six figure PPP loans that the government blindly forgave. Oh well.
They should’ve done a better job saving their ill-gotten six figure PPP loans that the government blindly forgave
any concentration of business people complaining they can’t afford something is a direct call for more “loans” like that
also it pisses me off that landleeches are so offended by the idea that even if they are losing money every month, they are making it back in house price inflation death spiral, and that’s if they are even losing money - repaying the principle on money you owe is not a real expense, if you think about it, it’s actually the same as savings
it sure seems like a total price collapse in the real estate market has to be coming
I know there is a lot of bullshit propping prices up but that can only survive contact with “nobody is buying or renting anything” for so long
I want crypto crash levels of price collapse. I want to buy a house for the price of a Costco hotdog
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Hopefully they suffer more hardships going forward
the maoist uprising against the landlords was the largest and most comprehensive proletarian revolution in history, and led to almost totally-equal redistribution of land among the peasantry
But who will rentseek the rentseekers
BlackRock and they’ll call it communism when wealth concentrates
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We see you, we hear you. And we laugh
What’s the emoji for the onion “laying back and letting America collapse on its own” person?
Thank you!
Housing prices crash I think about like 30% historically? It’ll still be unaffordable lmao. Just 30% less unaffordable
Don’t these people know that the Bidonomy is actually doing great?
The economy is booming, also homelessness is at an all time high and rose 12% in 2023. Booming economy though.
rent control but you have to be a real estate agent would be a great monkey’s paw
Damn bro, should have diversified your portfolio, make stupid bets, win stupid prizes
