Home affordability and or homelessness, inflation, interest rates, layoffs, crime, gruesome jobs reports showing net loss on full time careers, growing defaults in credit, insurance cos pulling out of whole states, a war in Europe, cancer rates... I feel at this point it is common knowledge the general person is not doing well. We're working harder, for less, and everything is more expensive.
tekla|1 year ago
serf|1 year ago
https://dqydj.com/historical-home-prices/
https://dqydj.com/historical-home-affordability/
affordability is decreasing, home prices are increasing, dollar buying value is decreasing.
it's not really some mysterious phenomena, financial analysts have been implying that the interest rates would cause most of this behavior for 10+ years at least.