/biz/ - Business & Finance

[Anonymous No.55837993]

>https://www.wsj.com/articles/homelessness-increasing-united-states-housing-costs-e1990ac7

Does anyone else think were just one recession away from entering 1930s levels of disparity?

[Anonymous No.55838001]

>>55837993
Probably shits beyond fucked here as a poor burger I can tell you it's getting worse, I can't even buy weed.

[Anonymous No.55838011]

Mortgage delinquency rates are at ATL. The poors are not paying rent while the landchads are getting richer every day. We're moving into two tiers of society rapidly.

[Anonymous No.55838019]

no shit apartments in the ghetto are totally unaffordable for the bottom 50% of people working.

[Anonymous No.55838026]

I saw a lot of movers this month.

[Anonymous No.55838038]

World War 3 solves this issue

[Anonymous No.55838043]

>>55838011
Nope, the devaluation of currency fucked homebuyers as it did with renters.

[Anonymous No.55838082]

>>55838043
https://www.reuters.com/markets/us/us-mortgage-delinquency-rates-fall-all-time-low-2023-08-10/

Maybe we actually are seeing the beginning of the faltering of the relentless American consumer as they decide to pay their mortgage rather than lease a 9th SUV

[Anonymous No.55838102]

>>55837993
“Americans”. You mean junkies and illegal junkies. It’s meth and fent. The rest of us are working and paying bills. Don’t be a retard.

[Anonymous No.55838131]

>>55838082
It'll depend on the severity of the upcoming recession. If unemployment skyrockets than people aren't gonna be able to afford their mortgage along with high priced food, energy and other amenities. Credit card, auto loans, student debt and mortgage payments are barely being held together. Once the downsizes start happening the time bomb will go off