Discount retailer says low-income households feel more ‘financially constrained’ than six months ago

Paywall removed: https://archive.is/SLMtR

  • psvrh
    23·
    3 months ago

    A 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.

      • psvrh
        2·
        3 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.