Comment on What will happen to large companies once poor people have no more money to use?

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just_change_it@lemmy.world ⁨7⁩ ⁨months⁩ ago

Campgrounds are everywhere and one in under a 2 hour drive is very doable throughout your whole life for a family vacation. You won’t lose access to that.

Housing costs will swing back. We’re around the point where we were in the last housing market crash. Prices are at the edge of affordability for the middle class. Mortgages are higher than what can be rented. One market course correction and a ton of people lose their houses and the market collapses again.

They’re doing everything they can to try and stop the collapse but homes are still increasing in price way more quickly than wages. Just a matter of time.

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