this post was submitted on 12 Jul 2023
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[โ€“] [email protected] 5 points 2 years ago (1 children)

I don't know who is downvoting you because you are completely right.

At the same time, I am delighted at the idea of a bunch of speculators being stressed out and losing a ton of the money they obtained while making housing unaffordable for everybody else.

Housing can be affordable or it can be a good investment. It can't be both, and it is time it starts being the former.

[โ€“] [email protected] 1 points 2 years ago

I donโ€™t know who is downvoting you because you are completely right.

There's a contingent of jaded people who just want to see slightly better-off middle-class people punished for taking any risk in buying their house, rather than actually seeing the housing market become more affordable for everyone. There's always someone celebrating the upcoming foreclosures.