Realistically, the loss of women’s income would lead to a housing crisis as millions of families are unable to pay their mortgage, but it’s naive to think housing prices will plummet. Plenty of vulture capital firms and the like will happily scoop those houses up to rent back to us in perpetuity.
Except the amount they’d need to rent them for just to break even would still be just about as high as the mortgage payment would have been, so they’re gonna lose out there, too.
Even then, they still own the housing stock as assets, which they can hold indefinitely. Their financial backing and ability to weather financial storms is much higher than the average American family. The goal is to remove ownership from the lower classes and ensure the plebs can only rent. It’s more about control than anything.
Realistically, the loss of women’s income would lead to a housing crisis as millions of families are unable to pay their mortgage, but it’s naive to think housing prices will plummet. Plenty of vulture capital firms and the like will happily scoop those houses up to rent back to us in perpetuity.
Except the amount they’d need to rent them for just to break even would still be just about as high as the mortgage payment would have been, so they’re gonna lose out there, too.
Even then, they still own the housing stock as assets, which they can hold indefinitely. Their financial backing and ability to weather financial storms is much higher than the average American family. The goal is to remove ownership from the lower classes and ensure the plebs can only rent. It’s more about control than anything.
No, I’m saying it would calibrate housing prices as mortgages failed… Ao it would be a long term solution not some patch up job.
In a world where only men can work mortgages would be calibrate to singilar male incomes.