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They make it sound as though "Mortgage Affordability" is a phenomenon of nature

Posted By: hobie
Date: Tuesday, 12-Apr-2022 19:49:09
www.rumormill.news/197268

In Response To: Nine Million Americans Priced Out Of Housing Market As Affordability Crisis Worsens (RumorMail)

: The National Association of Realtors (NAR) estimates millions
: of Americans have been priced out of the housing market
: since January as sky-rocketing mortgage rates spark an
: affordability crisis.

I note that 'mortgage affordability' results from how specific men and women choose to set the terms of the mortgages they're offering.

(And the whole concept of mortgages as presented appears to be a gigantic and shameless scam, anyway. Anna Von Reitz and others have explained it pretty well.)

I note also that the effect of mortgage affordability, and the idea that a Universal Basic Income might be a good idea, are both occurring in context of the rising inflation inherent in implementation of fiat currency as the only transactional currency available for use.

--hobie



RMN is an RA production.

Articles In This Thread

Universal Basic Income Is Being Rolled Out Around the World. What’s Going On?
RumorMail -- Tuesday, 12-Apr-2022 17:57:33
Nine Million Americans Priced Out Of Housing Market As Affordability Crisis Worsens
RumorMail -- Tuesday, 12-Apr-2022 19:49:09
They make it sound as though "Mortgage Affordability" is a phenomenon of nature
hobie -- Tuesday, 12-Apr-2022 19:49:09

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AN EXPLANATION OF THE FACTIONS