Silberengel on Nostr: I guarantee you, that everyone will say the solution is to subsidize mortgages, ...

I guarantee you, that everyone will say the solution is to subsidize mortgages, driving up the price of housing, further. No suggested program will ever lower the price of housing.

The people in the houses, now, only have them because the government kept rates artificially low, for decades. Biggest welfare program the world has ever seen. They live in houses that they didn't really pay for and receive pensions that they didn't really finance, and now they get to sell those houses at grossly-inflated prices to the next generation, that also slaves away to finance their pensions.

Buy Bitcoin.