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The price gap between renting and buying has hit the widest point since 2000
(www.marketwatch.com)
this post was submitted on 25 Sep 2023
159 points (97.0% liked)
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Oh, don't worry, rents will go up and close that gap. Problem solved!
Then we will end up with more people living on the streets as homeless as the cost far exceeds the income margin unless you are lucky enough to have a 6 figure income, which a lot of people don’t have.
who cares about the peasants? As long as the billionaires and shareholders can afford their second yatch... having to shuttle from the Barbados to Martha's Vineyard frequently to visit their various summer homes is tiring, don't you know?
Right, the problem is The rich egomaniacs don’t care that they’re cutting their noses of to spite their faces. Personally I hope they all crash and burn so they can feel the pain they have inflicted over the years