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Maxwell Benz
The Young Turks
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Comments by "Maxwell Benz" (@Tential1) on "The Young Turks" channel.
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Except. It's not... It's hurting the middle class who was hoping to use this as a way to get rich. If you think this hurt the rich you're genuinely stupid. Rich people can lose a million dollars comfortably. This hurt people who had just amassed networth of 2-300K and it's not stopping there. You think a housing crash only hurts the rich it's about to create a serf class of people locked into their homes, underwater, as housing prices Continue to decline another 30%. The fugue ability to be able to keep wages stagnant because workers are slaved into their homes, thus benefitting the stock portfolio, far outweighs any current second home losses which can be comfortably sold out of. Man, tyt is so desperate to see the "rich" suffer, they will watch the world burn just to see a wealthy person lose a few hundred k on a home. Boo hoo who cares.
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