News@lemmy.world · 1 year ago

The hidden culprit driving America’s apocalypse of boarded-up storefronts is the banks

www.businessinsider.com

cross-posted to:
hackernews@derp.foo

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The hidden culprit driving America’s apocalypse of boarded-up storefronts is the banks

www.businessinsider.com

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

cross-posted to:
hackernews@derp.foo

The hidden culprit driving America’s apocalypse of boarded-up storefronts

www.businessinsider.com

The pandemic kicked off a "doom loop" that has gutted cities and towns across the country. Big banks are making it worse.

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1 year ago
Interest rates were too low for too long.

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