Well, I think it is and it isn't. The price of homes is pumped up by the amount of credit printed to buy them, but there isn't enough dollars to make good on all that debt. If there are bad enough bank runs then businesses won't be able to pay their old wages, but you are still in the hole for a comparatively big mortgage.
Not saying deflationary crash is the future in store for us, just pointing out that the price of real estate is heavily manipulated to the upside.
npub1aw…nyrgs
2023-04-13 19:03:15
in reply to nevent1q…t5wu
Author Public Key
npub1awp3sny5rt2m54czzqfmem9m0wp505g9nrhm4xv0qgpvffj90exqvnyrgsPublished at
2023-04-13 19:03:15Event JSON
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