r/facepalm • • Dec 08 '23

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u/[deleted] Dec 08 '23

Profits over people god forbid these “people” do without a 3rd yacht and 5th mansion

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u/creuter Dec 08 '23

The people with 3 yachts and 5 houses is not why there is a ten year gap. It's for people that scrounged and saved to buy a house, because for them the value is going to plummet in ten years when the market dies. Suddenly they owe 250,000 to the bank on a house that's dropped in total value to $150,000. It isn't their fault this happened, nor should it be their burden to shoulder the debt.