return2ozma@lemmy.world to News@lemmy.world · 11 days agoAmericans could see their credit scores fall through floor soonqz.comexternal-linkmessage-square60linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkAmericans could see their credit scores fall through floor soonqz.comreturn2ozma@lemmy.world to News@lemmy.world · 11 days agomessage-square60linkfedilink
minus-squareTriasha@lemmy.worldlinkfedilinkarrow-up0·8 days agoIt would crash housing prices, which would be objectively good. I can’t say for certain if it would be worth the other costs.
minus-squarepartial_accumen@lemmy.worldlinkfedilinkarrow-up0·8 days agoBut with no ability to borrow to buy those, then cheap, houses, who would buy them and why? Sadly the answer would be: those with cash so they could rent them out.
It would crash housing prices, which would be objectively good. I can’t say for certain if it would be worth the other costs.
But with no ability to borrow to buy those, then cheap, houses, who would buy them and why? Sadly the answer would be: those with cash so they could rent them out.