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/biz/ - Business & Finance


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25114035 No.25114035 [Reply] [Original]

Why are home prices and car prices on the rise with so many people in the US without a job? Wouldn't a recession depress home and car prices?

>> No.25114047

>>25114035
money printing and massive immigration, ain't it grand!

>> No.25114075

heh don't look into it you'll blackpill yourself. The secret is to watch prices for TVs.

>> No.25114078

Inflation is happening, clearly. Government handed out bags of cash.

>> No.25114097

we Zimbabwe now, hodl boomer rocks

>> No.25114187

>>25114035
based cruiser of the land

>> No.25114219
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25114219

>>25114075
Secret in what way, anon?

>> No.25114250
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25114250

>>25114035
they fall in real terms

>> No.25114268

>>25114075
Sometimes you have to. Even in the south where home are cheap people are snapping up homes like crazy.

>> No.25114502

>>25114035
Extremely low interest rates and inflation. Not buying a house literally costs you money now.

>> No.25114531

>>25114035
It’s inflation. Nobody wants to admit it. Artificially low interest rates inflate asset prices while wages stagnate. The working class loses purchasing power while the upper class is on a rocket ship with their paper gains. The ultra wealthy are fine, because they own productive assets and real assets (land, precious metals). Ask any economist and they’ll talk to you for twenty minutes about how we don’t have inflation, if anything it’s deflation, blah blah blah. But they all live in the small prosperous parts of the country. They have no idea what’s really going on.

>> No.25114562

>>25114035
K-shaped recovery.

Do you work from home and own at least $50,000 in stocks? Congratulations, you're on the top half of the K.

>> No.25114606

>>25114562
>$435k in stocks

Whew. Was almost slightly nervous for a second there.

>> No.25114624

>>25114035
>Why are home prices and car prices on the rise
because they want to try 2008 again but with 100x leverage instead of 20x

>> No.25114858

>>25114606
Well, you *should* be nervous. At least a little. But that's more to do with the tail risks of our empire strained to the breaking point, forcing you to avoid rioters, direct wealth confiscation, and the Chinese military.

>> No.25114893

I ask the same thing everyday. I'm a zoomer with nearly 50k and still feel like I will never own anything nice

>> No.25115098

>>25114893
You could get a Macbook with an m2 processor and that would be worth infinity money 10 years ago.

>> No.25115197

>>25114858
Ah but that means Mad Max territory and my stonks will be the least of my worries in that situation.