|
|
|
|
|
|
by mothballed
172 days ago
|
|
|
If you sold it and bought housing 4+ years ago when interest rates were near zero you've still got the last laugh. People holding dollars instead of PMs or real estate are the real bag holders. Not only are they actively paying for those fed generated artificial interest rate negative real rate mortgages that property owners got (paid for via inflation on non property owners), they missed out on massive appreciation of property and PMs. They are literally paying the richest people to become even richer, and paying them for the privilege to get further and further away from ever owning their own home. If you sold in 2023 or 2024 though, you basically got fucked both ways. |
|
|