No but something like it that is much more drastic will be needed sooner than later.
you will not be digging out a $40 trillion dollar hole just with tax increases.
government will need to embrace AI and start cutting the hell out of the bureaucracy.
Probsbly a decent percentage are upside down in their loans. Can you close on a house as a seller if you can’t pay for the shortage ?
some say you can afford 28% of your gross pay. Yikes, that would equate to me having a house payment 4 times larger than I do. I am in great financial shape...
It’s all getting meh. She doesn’t play all the time, she doesn’t shoot well, team isn’t winning, and the women’s game isn’t good basketball IMO (the missed bunny shots from “pros” delegitimizes the product).
No bailouts for the borrowers or lenders. Market needs a reset and not propped up with tax dollars.
these formulas use to decide how much house payment and car payment people can “afford” are nuts. They damn near encourage people to live on a financial cliff.
In my late 20’s I switched dentist be aside of moving. Funny guy, he asked me early on if my old dentist built a house. He said most of your cavities are very shallow and he laughed. He was great but he retired
no dentist works on a Friday. I think it’s probably a better gig than being a MD...