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by revlolz 796 days ago
Home affordability and or homelessness, inflation, interest rates, layoffs, crime, gruesome jobs reports showing net loss on full time careers, growing defaults in credit, insurance cos pulling out of whole states, a war in Europe, cancer rates... I feel at this point it is common knowledge the general person is not doing well. We're working harder, for less, and everything is more expensive.
1 comments

These aren't numbers
here's some US numbers. The situation is similar in most developed countries, if you care enough go search out those numbers.

https://dqydj.com/historical-home-prices/

https://dqydj.com/historical-home-affordability/

affordability is decreasing, home prices are increasing, dollar buying value is decreasing.

it's not really some mysterious phenomena, financial analysts have been implying that the interest rates would cause most of this behavior for 10+ years at least.