Recent comments in /f/UpliftingNews

seataytle t1_j9wtefk wrote

Save? When medical bills can take your entire life savings in seconds? Save? When rent goes up astronomically each year and the housing market is so inflated that the only people that can afford them is corporations? Save when food prices and gas prices are higher than ever? Yeah ok. Lets just save for retirement. Most americans dont have much money to save anymore even for emergencies, let alone retirement.

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mtcwby t1_j9wsdlg wrote

It's worse than that with the current interest rates for mortgages and construction loans. The developers can't charge less than cost and their cost has gone up yet a huge portion of the population can't afford it either. So not much gets built because developer is also analyzing who is going to buy from them. Short of rates going down which I don't think will happen, only the state can step in and possibly take over some of the government associated cost. I don't think they will do it however.

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