this post was submitted on 28 Jul 2024
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Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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submitted 4 months ago* (last edited 4 months ago) by SeattleRain to c/housing_bubble_2
 
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[–] Dkarma 15 points 4 months ago (3 children)

But, now hear me out...what if it doesn't..

[–] [email protected] 11 points 4 months ago (1 children)

I don't understand... Are you saying, line go down? I've never heard of such a thing

[–] HappycamperNZ 8 points 4 months ago

You've never seen my bank account ....

[–] pyre 10 points 4 months ago

hahaha... haha... ok now that we laughed at that ridiculously absurd idea, let's watch the line go up.

[–] Cryophilia 6 points 4 months ago

If line stays flat? Things kinda gradually get shittier for a while.

If line goes down? Economic collapse. Riots in the street. Civil anarchy. Homelessness and crime will skyrocket.

Those of you who have never taken an economics class think this is satire.

The problem is when corporate profits go up but wages stay flat or go down. Or when wages go up for some but not for others.