this post was submitted on 07 Apr 2025
204 points (99.0% liked)
Leopards Ate My Face
6109 readers
452 users here now
Rules:
- If you don't already have some understanding of what this is, try reading this post. Off-topic posts will be removed.
- Please use a high-quality source to explain why your post fits if you think it might not be common knowledge and isn't explained within the post itself.
- Links to articles should be high-quality sources – for example, not the Daily Mail, the New York Post, Newsweek, etc. For a rough idea, check out this list. If it's marked in red, it probably isn't allowed; if it's yellow, exercise caution.
- The mods are fallible; if you've been banned or had a comment removed, you're encouraged to appeal it.
- For accessibility reasons, an image of text must either have alt text or a transcription in the comments.
- All Lemmy.World Terms of Service apply.
Also feel free to check out [email protected] (also active).
Icon credit C. Brück on Wikimedia Commons.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Casual reminder: the billionaires haven't lost jack shit. Virtually all of their losses are unrealized, usually in the form of stock. Once everything is finally at rock bottom, they will buy up everything they can (which will still be a lot), values will eventually rebound, and they will have lost nearly nothing while seeing massive gains.
There are so many vultures waiting to feast on corpses. Stock brokers make out like bandits during crashes, wouldn’t surprise me if something similar goes on with real estate.
Yeah this is just to choke out the middle class finally and pick up some assets for cheap.
i really, really wish that more people could see this