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Comments by "" (@marktapley7571) on "Housing is Broken | Can Never Be Fixed" video.
Mitch obviously understands the huge effect that interest rates have on financing. However he is saying that exorbitant appraisals are the biggest factor. I expect this is true because property taxes (used mostly to pay for our failed but super expensive education system) have generally gone up about 25% or more in many areas of the country since just 2019.
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The elite insiders care nothing about the deficit because the monetization of debt is the critical tool they use through the banking cartel to move all real wealth to the top and into their hands. If there were no currency depreciation (so called inflation) this process could not go on. That is in fact the reason why there is always more debt and why they had to get rid of gold backing and utilize fiat debt based currency.
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