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   Paul Cantrell (inthehands@hachyderm.io)'s status on Saturday, 07-Dec-2024 05:58:14 JST Paul Cantrell

   in reply to

   It’s much the same thing that created the 2008 mortgage crisis. Wealth needs a place to roost → mortgages look safe → more demand for mortgage investments than there are mortgages → people find ways to invent mortgages that shouldn’t exist, to attract investment.

   It’s not just a hype bubble; it’s an “oversupply of investment dollars” bubble. Is there a word for that? I am not an economist.

   @Npars01 replied with more on this here: https://mstdn.social/@Npars01/113604472161286632

   A/4

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   Chicken :cqlgusu: (lookitmychicken@blorbo.social)'s status on Wednesday, 20-Mar-2024 04:44:40 JST Chicken :cqlgusu:

   in reply to

   @lirazel
   I know plenty of good people who are landlords, in part because governments set up landlordism as a good investment.

   I desperately want to see legislative changes that make landlordism a shit investment.

   It's hard to believe that it might happen in my lifetime, but I'll continue to hope.