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makes me think of the old Russian posters with a capitalist pig and a monicle lol
Something similar happened in 2008 tho didnt it, with people taking on too big mortgages and getting wiped out.
shit, my dad had 6 houses in the 90s and there was some bank crisis then and he lost them all and we almost ended up homeless when the bank tried to come after the house we lived in too.
i've seen some viral videos in auz of lines around the block of people waiting to view a property, looks very dystopian
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It might have always been so. In movies they're often the bad guy kicking out the innocent family.
In Australia real estate is a mess. People have used negative gearing to buy either multiple properties or properties they can't afford. When interest rates went up a few years ago landlords were caught out being over leveraged and simply passed the extra costs onto the tenants.
I feel like the attitude towards landlords is getting worse. When the pendulum swings the other way (post Trump) landlords could be in real trouble.