• @tartaruga@lemm.ee
    link
    fedilink
    -27 days ago

    Yes, and the rise in the cost of living was because of the housing crisis. The Democratic party didn’t contribute to Inflation. People buying epic amounts of real estate caused the inflation. Ironically, it was Silicon Valley and Musk followers who were grabbing up most of the real estate after the pandemic. That land is being appropriated for their “freedom cities,” or company towns, where their soulless employees can live. I think they plan to stash their loyal followers in these cities while this country devolves into civil war and chaos. Yes, they really do want to trigger a civil war or race war. They will house only those stupid enough to work for them in “smart” cities, where technology and AI keeps everyone under tight watch. Just heard on MSNBC that the data Musk and his hackers stole from their DOGE raid is being used to assemble a database on Americans for surveillance purposes. China has done this to their people. Time to go low profile, seriously.

    • @vinay_clubsall@lemmy.world
      link
      fedilink
      57 days ago

      Under Obama, during QE 1 2 3 etc., a lot of taxpayer (your and mine) money was given to banks interest free to buy up property to hold its value. Banks had nothing to lose, money was free. In other words, taxpayer money was used to reduce inventory which in turn jacked up housing prices that taxpayers could not afford. In a free market, housing should fall with affordability, instead here our money was made to work against us.

      So yes, democrats did contribute a lot to cost of living.