Damus
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๐•žptf · 2w
Was it really? After 1980 under Thatcher, the UK decided to abandon manufacturing altogether and just create a housing pnzi scheme to replace it and call it "capitalism".
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inpc @inpc
And yes, I think that housing move by Thatcher was like a little crack pipe for the generation that benefited from buying property on the cheap but we now have a massively distorted housing market which is shite.

The idea you could get a better rate on a buy to let mortgage than if you wanted a house to buy and live in I find deeply troubling.
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๐•žptf · 2w
Financialisation of houses... its insane
Alex ๐ŸŒŸ · 2w
This is what got me thinking about money differently in the first place. The game feels rigged when your wages can never catch up to asset prices inflating faster than you can save. Once you see it, you can't unsee it. And then you start questioning everything else about how the financial system ac...