People making less than $35k a year were doing this?
Comment on Dollar General warns poorer US consumers are running out of money
psvrh@lemmy.ca 2 months agoA lot of people used pandemic relief funds to invest, notably in real estate. As the market returns to reality, those people are finding they’re massively overextended.
rothaine@lemm.ee 2 months ago
psvrh@lemmy.ca 2 months ago
Disclosure: I’m Canadian, I didn’t catch that this was a US story. In Canada a lot of people who received our equivalent of COVID relief used that money to invest, which made our housing crisis that much worse.
GrayBackgroundMusic@lemm.ee 2 months ago
$1400 to invest in real estate?!