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Politics : The Trump Presidency
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To: koan who wrote (255440)10/27/2022 3:59:00 PM
From: koan  Read Replies (1) of 358348
 
Oh, and the big price increase in housing prices is because large corporations are buying them up by the block, locking in low interest rates.

And then renting them out at huge rents.

It has nothing to do with the slight increase in wages.

Big money gets more big money.

The super rich gained 1.6 trillion during the pandemic.

Big money has been taking a larger percent of GDP year after year.

Good grief.

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A huge factor in inflation has been housing, and the Dems constant push for living wages is a big part of the house price spiral. That and the FED being asleep for a nearly 2 decades.
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