21 sats \ 1 reply \ @halalmoney 12 May \ parent \ on: England: Housing Market Shows Signs Of Stress econ
I wouldn’t say encouraged. I would say duped by artificially low interest rates to buy a ‘fail-safe’ property.
I do agree that homes shouldn’t be so expensive but it’s to be expected when money doesn’t hold its value.
write
preview
0 sats \ 0 replies \ @xz 12 May
when money doesn’t hold its value.
That's something I keep coming to terms with in my mind and took a long time to sink in. It's not that home prices are increasing, just that cash money's value is constantly decreasing.
reply