Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says
Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says
"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."
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🙋♂️ That'd be me. Keep moving the goalposts society. I'm over it. I'll wait for my mom to die to get her house. Idgaf anymore. Don't need a house.
Better hope you live in a state that doesn’t let Medicaid take the house or that you adequately used foresight to move the house into a trust 5-10 years before she enters assisted living, disability, or dies. Or that she didn’t take out a second mortgage at any time without telling you.
Otherwise I have bad news for you
Same. My dad dying and leaving me his house is the only way I was able to afford to stop renting and stop living paycheck to paycheck. A perk of being an only child I suppose.