Fried_out_Kombi@lemmy.world to Political Memes@lemmy.worldEnglish · 2 months agoThe absolute state of online housing discourselemmy.worldimagemessage-square70fedilinkarrow-up1336cross-posted to: justtaxland@lemmy.worldyimby@lemmy.world
arrow-up1336imageThe absolute state of online housing discourselemmy.worldFried_out_Kombi@lemmy.world to Political Memes@lemmy.worldEnglish · 2 months agomessage-square70fedilinkcross-posted to: justtaxland@lemmy.worldyimby@lemmy.world
minus-squareRangerJosie@lemmy.worldlinkfedilinkEnglisharrow-up7·2 months agoWell, it’ll ding them. But the ones hurt worst will be those invested in the ponzi scheme that is the american retirement system. Like at my last job my tiny nothing of a 401k was invested in mortgage holdings. Had the bubble burst then all my money would be gone. “Marginal Utility” - $10,000 is a lot to me. Its not worth stooping over to pick up for a Blackrock Exec.
Well, it’ll ding them. But the ones hurt worst will be those invested in the ponzi scheme that is the american retirement system.
Like at my last job my tiny nothing of a 401k was invested in mortgage holdings. Had the bubble burst then all my money would be gone.
“Marginal Utility” - $10,000 is a lot to me. Its not worth stooping over to pick up for a Blackrock Exec.