this post was submitted on 01 Apr 2024
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[–] MisterD@lemmy.ca 5 points 7 months ago

Yes, let's restart the housing stock market. Corporations need to buy all the housing they can!

It's a great investment vehicle.

[–] xmunk@sh.itjust.works 1 points 7 months ago

No, businesses care about interest rates - individuals are probably alright with putting off moving homes for a while... we mostly care about the real inflation rate which is divorced from the BoC stated inflation rate.

Banks no longer feel obligated to pay anything close to the official interest rates on savings and most people only interact with interest rates when being bent over for a mortgage or car loan.

Our imaginary financial health is completely divorced from reality.

[–] psvrh@lemmy.ca 1 points 7 months ago

Crack addicts pin hopes on easily-available crack.