When will they fucking stop with the rate hikes?

[Anonymous No.55674261]

Italian RE agent here, the Italian housing market is pretty much dead, it's not that prices are coming down is that "volume" is pretty much 0, no one wants to sell but rates are making everyone's mortgage suffocating + life is getting extremely expensive even for the people who are well off, with that said why are they raising rates?
People are suffering and getting more and more into debt just to survive, when will they stop?

[Anonymous No.55674279]

>>55674261
they have to wipe out boomers first.

[Anonymous No.55674295]

>>55674279
Dumb take /pol/tard. High rate environment is good for retiring boomers. They can park cash in risk free bonds and hang tight in their house.

[Anonymous No.55674296]

>>55674261

Its going past its old ath of 18.61%. We heading towards 30% mortgages rates.

[Anonymous No.55674303]

>>55674279

how does that wipe them out idiot?

[Anonymous No.55674304]

>>55674261
>RE agent here

[Anonymous No.55675485]

>>55674295
>>55674303
I said when they will stop with rate hikes you dumb spic mongrels. Lol muh high rates are finally 4% after being negative lmao. Also, enjoy having a femoid kike import more niggers into your country hahaha.

[Anonymous No.55676134]

>>55674261
Have you considered that they want to make people poor? When you stop assuming good intentions, the world stats making sense.

[Anonymous No.55676675]

Step 1: Reduce interest rates to 0%
Step 2: Wait for every individual and corporation to load up on debt
Step 3: Raise interest rates
Step 4: Wait for bankruptcies
Step 5: Acquire assets

[Anonymous No.55676743]

>>55674261
This. High interest rates are just banker "bull markets" for them to reap the harvest (your interest payments). They'll keep it up until there isn't any more money to be squeezed from the populace.

[Anonymous No.55676846]

>>55674261
>with that said why are they raising rates
Why did they lower rates? No one cried about it then, when it inflated all sorts of asset bubbles.

[Anonymous No.55677396]

>>55674261
>Italian RE agent
Fratello in Cristo, what exactly told it would be a good idea to become one? Unless you’re a boomer who got into the job in the early 2000s

Unironically real estate in Italy is good only for fiscal bonuses and write-offs (and rent if you can hire mobsters to evict squatters)

[Anonymous No.55677417]

>>55674261
At some point people have to sell. Once real estate price drop, it will create a kind of panic moment that force the rest to put their property on the market at discounted prices.

[Anonymous No.55677455]

>>55674261
Bro if you're a real estate agent in Italy you're out of touch with reality.

Rate hikes are the LAST of your problems. The European Union just passed a law requiring all homes to meet their green requirement criteria thus making 74% of Italian homes impossible to buy, sell or rent unless you spend atleast 30-40k to renew them.

They really aren't kidding when they say "You will own nothing and you will be happy". Most of the people are too shortsighted to understand that their new green agenda will basically be used to evict you from your own private property. Good luck

[Anonymous No.55677472]

>>55677455
pic very related

[Anonymous No.55677499]

>>55677455
>They really aren't kidding when they say "You will own nothing and you will be happy". Most of the people are too shortsighted to understand that their new green agenda will basically be used to evict you from your own private property. Good luck
What they don't know is that owning nothing causes the second coming of Jesus Christ
Then they will all shit their pants as the mega mechajew devours them and the worldcoin orbs fruitlessly attempt a swarm attack