Something’s coming from west…?
🎵 it’s the end of the world as we know it 🎵
🎵 and i feel fine 🎵 pic.twitter.com/f1UIyZXSk3
— Shibetoshi Nakamoto (@BillyM2k) June 15, 2022
Something’s coming from west…?
🎵 it’s the end of the world as we know it 🎵
🎵 and i feel fine 🎵 pic.twitter.com/f1UIyZXSk3
— Shibetoshi Nakamoto (@BillyM2k) June 15, 2022
6 comments
🎵 it’s the end of the world as we know it 🎵
🎵 and i feel fine 🎵
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Photos in tweet | [photo 1](https://pbs.twimg.com/media/FVRIZPTVUAAtFEe.jpg)
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posted by [@BillyM2k](https://twitter.com/BillyM2k/)
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[Thanks to inteoryx, videos are supported even without Twitter API V2 support! Middle finger to you, twitter](https://github.com/inteoryx/twitter-video-dl)
Que people coming along saying don’t get excited because you won’t get a mortgage in a recession.
A lot worse than that is coming. The ECB announced an emergency meeting. Interest rate will most likely go up quicker than expected. We might have a hairshirt budget coming our way; borrowing money may no longer be an option.
Have a look over in r/economy ,the shit has already hit the fan in America. Mortgage rates are 6% and rising, real inflation is at around 17%, the largest residential property brokers have laid off 30% of their workforce citing the imminent property price collapse.
Here, as it stands, house prices will have to fall (they are already stalling) but affordability could be more or less the same or worse due to higher rates. It would normally be a great time for people with a lot of cash but inflation is eating into savings now. So it looks like we’re going to be right in the middle of another shit sandwich. A good time to fix your rate for ten years if you haven’t already.
as someone planning to buy a house within the next 18 months.. I don’t know if I should be excited or terrified.
Haha Jokes on them, I don’t have anything