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Mortgage Delinquency Rates Grew Faster Than Any Other Debt Type In May (www.investopedia.com)

submitted 1 month ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml

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[–] yogthos@lemmygrad.ml 4 points 4 weeks ago (1 children)

Yeah, it's literally the exact same dynamics again, but the difference is that the working majority is on far thinner margins today than they were in 2008.

[–] materialanalysis1938@lemmygrad.ml 4 points 4 weeks ago

Eventually buying homes here in the USA is going to be a thing of the past. Everyone will merely be a renter. But capitalism isn’t the problem if you ask the majority of Americans. Even the ones who will agree will say “we should be more like Denmark!”