What is Nostr?
GhostOnTheHalfShell /
npub1z3l…txvc
2024-05-20 12:29:40
in reply to nevent1q…skl9

GhostOnTheHalfShell on Nostr: We should grasp that the home loan market (big chunk of US economy) was engineered to ...

We should grasp that the home loan market (big chunk of US economy) was engineered to subsidize suburbia. It was made to power the transformation of the US economy from a war footing. It succeeded wildly for a few decades, but painted the economy into a dysfunctional corner. It will never fund enormous unmet needs.

A new system of finance must be engineered. Cities in the US are in a position to finance; globally something is needed.
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npub1z3lxxu5tmqxp8vhd3tny9f0nqp5dljpynh9j6gzgeyes2ukmz0kq0rtxvc