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tel
on Sept 19, 2022
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The anti-inflation pivot of 2022
The USG massively subsidizes home ownership. The burden is passed down to taxpayers, but also may cause a drag on the global economy due to lopsided interest rate hedging.
lupire
on Sept 20, 2022
[–]
USG massively subsidizes home debtorship, driving prices up to benefit legacy landowners.
It's not at all clear whether the policy actually helps ownership.
tel
on Sept 26, 2022
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That's correct, and a fair refinement.
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