How Inflation Plus Taxation Equals a Housing Bust - The Great Awakening

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How Inflation Plus Taxation Equals a Housing Bust (annavonreitz.com)

posted 2 years ago by Bowster 2 years ago by Bowster +7 / -0

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– Bowster [S] 1 point 2 years ago +1 / -0

A hundred and fifty years ago people didn't use credit to buy things. Transactions were "cash on the barrelhead". So, if you had a house, you worked for it, earned it, and then lived in it. If you had children you fell in love, got married, and supported the children that resulted. If you had food, you or someone quite close to you, raised it and brought it to market.

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