Posted Mar 27, 2021, 5:46 AM
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Registered User
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Join Date: Mar 2020
Location: NYC
Posts: 63
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Quote:
Originally Posted by Via Chicago
as always, real estate is local, and gentrification is rarer than you imply. typically, at best, housing barely keeps up with inflation which makes it more or less a forced savings account. and making sweeping generalizations about highly leveraged mortgages being "good" because the government will just bail you out when things go south just kinda confirms every suspicion i had about this bubble
yeah just one big imaginary myth
if youre a white person in the upper 10% percentile of earnings and wealth than yeah i imagine it all just seems like a myth to you. if you happen to be anyone else, not so much. |
No Asians data on those charts?
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