Follow the money
Ok, so the housing market goes boom. Who benefits?
When it’s all bust and gone, a bunch of gamblers and fools have financed a transfer of wealth to a smaller segment of society; those that sold, those that invested in the transactional institutions involved in real estate, and those that have perfect foresight and timing (i.e. flukesters).
More neoliberal rubbish enabled by Capital’s control of politics and the regulatory regimes.
Well I guess it just proves that the losers are in fact fools.
