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by jitix 2021 days ago
I think the boom bust cycle is good. It trims the extra fat and runs unsustainable businesses (like Boston Dynamics, Uber, WeWork, etc) and lazy unproductive individuals to the ground.

As a side effect home prices in the US remain relatively stable.

In India it’s impossible for a single income family to own a home and it’s a struggle with dual incomes. Same with Canada where I’m planning to move (since I don’t have patience to wait 20 years to start my own company)