"The horrors of rich people not getting bailed out"
this post was submitted on 12 Mar 2024
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the_dunk_tank
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Do they really belive that it would be good to give property developers a bailout?
It's CNBC, a news channel by finance bros for finance bros.
The mere concept that rich people should not be coddled in literally every way imaginable is like hell to them.
Good point. Imagine how rich people must feel when they get no treats.
Oh were gonna spend billions of dollars bailing out all the people who thought it was a good investment to buy a bunch of rental properties and charge people more for rent than they make in a month.
Rent can't keep going up 20% every year for too long before something breaks.
It's really easy, renters can just make more money to pay rent. I don't see any problems with that.