Post #2391158
2026-05-05 22:18 UTC
@HardBeingGreen@theblower.au It is a shit tool that should be dumped on the scrap heap as it doesn't affect all of the expenditure in the economy. There are a lot of people out there with no mortgage spending like its 1999 causing the inflationary issues. Mortgage holders are spending the bare minimum and doing the heavy lifting for others.
Replies (1)
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@HardBeingGreen@theblower.au 2026-05-05 22:24
@tubsta@social.bsdlab.au I think the split is 1/3 own, 1/3 have a mortgage and the last 1/3 rent etc You're spot on, the 1/3 that own aren't bothered by interest rate rises and potentially benefit if they have money in the bank