Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
kleinbl00 · 3562 days ago · link · · parent · post: American homeownership is at its lowest since 1967... and is still falling.
I dunno, man. The street is absolutely batshit beside itself over the notion that Yellen might throw 25 basis points in September.
A quarter point.
I think what's going to happen is radically increasing income inequality. You're right - everyone under 35 is gonna be mondo fucked when they're "everybody under 65." I'll bet by the time the Millennials hit their 40s we'll see inheritance taxes and steep marginal tax rate increases on the $200k set. But I'll bet it's ten or more years out.