GhostOnTheHalfShell ,
@GhostOnTheHalfShell@masto.ai avatar

@economics-that-works

Let’s consider the insanity of an ever escalating house inflation economy when married to insurance and climate change.

The system we have now is the product of specific home loan sector engineering after WWII. The mortgages we recognize 20-30 yr loans are sold off to Fannie Mae or others so banks can lend again. This placed an upward spiral on home prices. It made the middle class. Never was sustainable.

https://youtu.be/QyY0N1C13ts

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