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0 pointsamiga_5005y ago0 comments

And how do you bid in a market where every house has >1 bidder and banks are lending waaayy more than is responsible?

0 comments

This! The housing market seems to have punished anyone with a conservative financial mindset.

It forces you to fight with the least conservative, and the banks pour on more and more credit to appropriate ever greater swathes of national surplus.

No doubt someone will say "you don't have to buy", but then you have to rent. Forever. Because they keep bailing out housing.

j / k navigate · click thread line to collapse

0 pointsamiga_5005y ago0 comments

And how do you bid in a market where every house has >1 bidder and banks are lending waaayy more than is responsible?

0 comments

voisin5y ago

This! The housing market seems to have punished anyone with a conservative financial mindset.

amiga_500OP5y ago

It forces you to fight with the least conservative, and the banks pour on more and more credit to appropriate ever greater swathes of national surplus.

No doubt someone will say "you don't have to buy", but then you have to rent. Forever. Because they keep bailing out housing.

j / k navigate · click thread line to collapse