this post was submitted on 12 Mar 2024
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the_dunk_tank

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It's the dunk tank.

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"The horrors of rich people not getting bailed out"

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[–] SummerIsTooWarm@hexbear.net 45 points 1 year ago (3 children)

Do they really belive that it would be good to give property developers a bailout?

[–] DefinitelyNotAPhone@hexbear.net 38 points 1 year ago (1 children)

It's CNBC, a news channel by finance bros for finance bros.

The mere concept that rich people should not be coddled in literally every way imaginable is like hell to them.

[–] SummerIsTooWarm@hexbear.net 4 points 1 year ago

Good point. Imagine how rich people must feel when they get no treats.

[–] Adkml@hexbear.net 11 points 1 year ago (1 children)

Oh were gonna spend billions of dollars bailing out all the people who thought it was a good investment to buy a bunch of rental properties and charge people more for rent than they make in a month.

Rent can't keep going up 20% every year for too long before something breaks.

[–] SummerIsTooWarm@hexbear.net 7 points 1 year ago

It's really easy, renters can just make more money to pay rent. I don't see any problems with that. smuglord