The US does not have a free market. Just reading this story makes that clear.
https://stocks.apple.com/AmE1YHO_TQ_m7tzlPRc0e7g
Central planning: Housing
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I Shrugged
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boglerdude
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Re: Central planning: Housing
Well, there was a heckin' global pandemic so they had to take inflation to a 40 year high, now they have to raise rates and bring asset prices down.
What are you suggesting be done...
What are you suggesting be done...
Re: Central planning: Housing
I Shrugged wrote: ↑Wed Dec 28, 2022 4:54 pm
The US does not have a free market. Just reading this story makes that clear.
https://stocks.apple.com/AmE1YHO_TQ_m7tzlPRc0e7g
Read it. Does not at all make it clear to me. What did you find in the article to support your assertion?
Basically we have just had another housing bubble which is great for present homeowners but terrible for those trying to buy a first home. Were houses supposed to be going up at the current rate of increase for forever?
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
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SilentMajority
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Re: Central planning: Housing
BD, can you put a giant S at the start of any satirical post? I think this was one of them but your delivery has left this reader (and probably many others) in doubt.boglerdude wrote: ↑Wed Dec 28, 2022 5:52 pm Well, there was a heckin' global pandemic so they had to take inflation to a 40 year high, now they have to raise rates and bring asset prices down.
What are you suggesting be done...