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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
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Poster Handle
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Anonymous Coward |
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Post Content
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The reason houses can’t be bought with cash after a couple years of saving is because the banks drive the cost up into the stratosphere.
This is banking 101. The creation of the 30 year treasury bond was the death knell for affordable housing.
Do some research, you will likely be anti-bank once you do.
Quoting: Anonymous Coward 84804441 lol banks don’t drive up housing costs. Supply and demand does GLP is full of pure idiocy But if you put zero or low interest on savings then people use houses as pure investment. There are endless empty houses and appartments because of this. Yes people bought houses because they wanted to make money on it. Wow, what a concept! Yet somehow that is the banks fault? Now I will say I do think we should limit institutions and foreign entities from buying real estate in the US. Op I fucking hope you need a transplant one day or some cure that was turned into a commodity and you fuck die when someone explain to you that is fine to speculate on basics life necessities. I want you and your children to die slowly of thirst because some muderficker like you decided that water isnt a human right and that you need to pay 100 dollar for 1 litre of water Then you will finally realize how stupid you are.
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