Surging gas prices and sky-high mortgages and rent sent inflation rising more than expected in March, adding to Americans’ prolonged and painful battle with high costs. That could force the Federal Reserve to keep its punishing rates higher for longer.
I’m not looking to defend the right, but I don’t think any political party is responsible for greed of businesses and individuals.
My dad was lucky enough to buy a house many decades ago in an area that now is very wealthy. He explained how everyone and their mother was selling their houses in his neighborhood at the absolute bat shit insane prices that people were somehow buying at (like 1+ million for a previously 400k house) and that these people didn’t even know where to go. They were all moving into local apartment complexs to the point that the rents there hit over 6k/month. That’s not to even mention all the corporate purchases of property that drive prices even higher…
I’m not looking to defend the right, but I don’t think any political party is responsible for greed of businesses and individuals.
My dad was lucky enough to buy a house many decades ago in an area that now is very wealthy. He explained how everyone and their mother was selling their houses in his neighborhood at the absolute bat shit insane prices that people were somehow buying at (like 1+ million for a previously 400k house) and that these people didn’t even know where to go. They were all moving into local apartment complexs to the point that the rents there hit over 6k/month. That’s not to even mention all the corporate purchases of property that drive prices even higher…
It’s greed all around as usual… :(