“‘Cost of owning crisis’ as 50,000 fall into negative equity”

“Homeowners are facing a “cost of owning crisis” as rapidly falling house prices push tens of thousands into negative equity. The National Institute of Economic and Social Research (Niesr) said August’s sharp drop in house prices meant that 50,000 people had fallen into this predicament over the last 12 months…

House prices are falling rapidly as the cumulative impact of repeated rate rises hits the property market.…”

https://finance.yahoo.com/news/cost-owning-crisis-50-000-173854487.html

I like how these articles act surprised. The Fed’s goal is to cause a recession. This means people will lose their jobs. That means they will be unable to pay their bills. That means they may lose their homes because they are unable to pay. It’s a way for banks to STEAL property. The only reason banks care about slow rolling this robbery is because if they do it to quickly the general public will find out.