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@shibao really the only way to preserve property value while increasing affordability is to forcibly cut the interest rates hard and fuck the banks over, at least until inflation becomes a factor. Most mortgage expense is interest
@7666@comp.lain.la any sort of hyperinflationary action like that is just going to make houses rocket up in price, the only way is if everyone ends up paying into fannie mae and freddie mac at a loss, which would probably put the US into default and downgrade our bonds and torpedo the US economy. But the entire US's politicians except for a few handfuls (you can probably name them honestly) are basically all in cahoots with every single lender in the US (they call themselves "finance companies") so the only option they'll give is something like a 50 year mortgage which is like a 15 year rent to own contract that then lets you start 35 years of actually building equity, which is basically another way of saying you're making slaves out of this entire country's youth. we're on a fast-track to revolution just because no politican wants to deal with this. i think the closest thing to a figurehead for this movement currently is all the disillusioned young men that listen to fuentes