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1   APOCALYPSEFUCKisShostikovitch   ignore (37)   2016 Aug 27, 11:09am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Housing naturally doubles in value by the quarter.

2   Bellingham Bill   ignore (5)   2016 Aug 27, 11:11am   ↑ like (0)   ↓ dislike (0)   quote   flag        

what's curious is that the only period of high-inflation we had -- the 1970s -- housing inflation was repressed, since renters were strapped by higher food and energy costs, leaving less surplus for the landlord to extort.

3   APOCALYPSEFUCKisShostikovitch   ignore (37)   2016 Aug 27, 11:19am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Bellingham Bill says

the only period of high-inflation we had -- the 1970s -- housing inflation was repressed,

Credit cards were rarely employed by working people and balances were a fraction of what they are today.


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