The US feds are printing money and keeping interest rates low. There was supposed to be a depression back in March 2020 but they've all gotten gigantic bailouts.
The interest rate thing is insane. Home prices have absolutely skyrocketed everywhere. I thought it was just a thing on the coasts but talking to my friends back in the midwest and prices there are at levels I would never have dreamed of. Among my small social circle I know three middle class folks who are buying houses. This can't be good, it has to be creating some sort of bubble, right?
The US feds are printing money and keeping interest rates low. There was supposed to be a depression back in March 2020 but they've all gotten gigantic bailouts.
The interest rate thing is insane. Home prices have absolutely skyrocketed everywhere. I thought it was just a thing on the coasts but talking to my friends back in the midwest and prices there are at levels I would never have dreamed of. Among my small social circle I know three middle class folks who are buying houses. This can't be good, it has to be creating some sort of bubble, right?