the portion of hte population renting and in mortgage debt has significantly grown over the past 25 years. increasing serfdom
this puts politics in their favor for a housing price debt jubilee which will lower household debts and lower housing prices.
govts currently have schemes which will make housing more unaffordable. it is a ponzi scheme. in addition i believe in australia, each politician owns 3 properties which makes it unlikely a housing debt jubilee will pass.
if the renters and debtors dont get a debt write off, its likely ecological collapse will cause housing prices to drop anyways along with a sharp fall off in standards of living
this puts politics in their favor for a housing price debt jubilee which will lower household debts and lower housing prices.
govts currently have schemes which will make housing more unaffordable. it is a ponzi scheme. in addition i believe in australia, each politician owns 3 properties which makes it unlikely a housing debt jubilee will pass.
if the renters and debtors dont get a debt write off, its likely ecological collapse will cause housing prices to drop anyways along with a sharp fall off in standards of living
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