Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s.
  • jordanlund
    00·
    11 months ago

    Because interest rates are insane trapping people in homes they no longer want but can’t afford to leave?

    Speaking of… My car got totalled at the end of October, shopping for a new one, I saw interest rates for me between 7 and 8%, for other folks, I saw one as high as 12.25%(!) On a CAR LOAN.

    • MelodiousFunk
      00·
      11 months ago

      Because interest rates are insane trapping people in homes they no longer want but can’t afford to leave?

      I’m in this comment and I don’t like it.

      • afraid_of_zombies
        00·
        11 months ago

        Least you got a home. I am on a very long lease and landlord is getting offers. I got about 2.5 years until someone just offers him a million bucks in cash. Then I am out thousands of dollars in moving expense plus changing my kids school. Plan to fight it but I am sure I will lose.

        • interceder270
          00·
          11 months ago

          Sorry bro.

          Try to own property as quickly as you can. Unfortunately, even the market for that has gone to shit thanks to investment companies.

          This is what we get for breeding for greed. Gotta stop rewarding shitbags just because they have money and start holding them accountable for how they got it.

          It won’t happen, though, lol. These problems won’t get solved just like global warming 🤷. We don’t want to solve them.