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81 sats \ 4 replies \ @TomK OP 12 May 2024 \ parent \ on: England: Housing Market Shows Signs Of Stress econ
yes you are right for socio-economic reasons. but the whole fiat banking is based on inflationary prices. a collapse of the real estate market or the bond market would be a disaster for the banks and therefore also for all other taxpayers who will then foot the bill.
They just have to get it under control.
Bank of England will have an easier time than the USA to do that.
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Famous last words.
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well, we will have to wait and see.
Its possible.
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I certainly hope so.
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