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FrozenChosen they/them  2yr ago (gofundme.com) 1,002 thread views #40070

Redditor loses life savings in meme stock, jumps off balcony. Sis creates GoFundMe & asks community to hold the bag. Comment history shows he is still gambling.

https://www.gofundme.com/f/help-save-our-family-after-a-horrific-incident

The Reddit post: https://old.reddit.com/r/stocks/comments/lamgp6/give_it_to_me_straight_how_screwed_am_i/

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Obviously low interest rates play into it but there's more factors at play. I know it's a crazy idea to imagine a decade of record low house building could lead to limited supply and then increase demand.

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Well the interests rates are about to go back to what they were and housing prices weren't very high before the interest rate drop. It might be a good bet they'll go back to similar prices from before the current spike.

It would be insane to assign a ten year trend as the cause of a sudden major spike that has other explanations.

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