The government is not your friend
Sep 18, 2024
⬇️🔥 pic.twitter.com/GZ4uLWTVfG
— Defiant L’s (@DefiantLs) August 28, 2024
It's the same idea with student loans. Even if the government were to offer an annual 0% interest rate loan of $25,000 to every interested student, the universities would simply increase their tuitions by ... $25,000 per year.
Here, the state is boosting real estate prices and rents. As many are simply priced out of the market, they'll have no choice but to rent. Wall Street bought up billions of dollars of properties with cheap money a few years ago; they're definitely not objecting to such a policy.
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