As "YOLO spenders" have financed more and more spending with debt, Rosenberg said the consumer credit default cycle has already arrived.
  • Blueberrydreamer
    2·
    1 year ago

    Because that’s exactly what makes owning a home impossible instead of simply unrealistically difficult? Our system may be trash, but that attitude is just shooting yourself in the foot while you give everything you have to Papa Bezos.

    • afraid_of_zombies@lemmy.world
      1·
      1 year ago

      Homes are selling for over half a million in my city.

      Oh we can save some time. No, I am not moving out two or more hours away from work to be able to afford a home. Yes, I am aware that smaller starter homes are a thing. No, I am not going to bother every relative I have for money. And yes I enjoy avocado toast