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To: EBH

Prices of houses are out of reach of many people.

Stock millionaires are a small minority.

To get back to growth, house prices must be adjusted to match household incomes.


5 posted on 10/16/2022 3:28:28 AM PDT by Brian Griffin
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To: Brian Griffin

ahhh......au contraire mi amigo (frog-mex lingo)

The return of the housing market will be the result of increases in wages and salaries. That is there will be wage inflation lagging the goods inflation. Thus, the money to buy houses will become available.

The inflation is politically necessary by many nations to reduce their national debt. Inflation decreases the value of the currencies. The debt is fixed and thus decreases as the value erodes by the inflation devaluation.

When princes went to school to become king, Inflation 101 was always a required course.. Kings have been ridding their debt with inflation devaluation since the beginning of Kingdoms


10 posted on 10/16/2022 4:49:06 AM PDT by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality day)
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