How Many Years of Life Does That House Cost?

Re:How Many Years of Life Does That House Cost? by rconti on Friday September 08, 2017 @05:17PM (#15204035)

(Full disclosure: Bay Area homeowner here)

I can stomach the idea of renting for the rest of my working life. My renting life was good, had more cash to spare, good landlords, etc.

What terrifies me is the idea that I'd have to keep paying rent when I retire.

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Re:How Many Years of Life Does That House Cost? by yodsanklai on Friday September 08, 2017 @05:52PM (#15204220)

True but when you retire, you're not bound to a job and you can live in a cheaper place.

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Re:How Many Years of Life Does That House Cost? by FLUX-YOU on Friday September 08, 2017 @05:46PM (#15204184)

Real estate probably won't be a part of the post-scarcity economy, otherwise I'd bet on just buying a home in 30 years while forgetting what a mortgage was for.

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Re:How Many Years of Life Does That House Cost? by e5an on Friday September 08, 2017 @06:40PM (#15204465)

'post-scarcity economy'

Hahahaha. Ha.

There's going to be plenty of scarcity to go around for the rest of our lives. And unless you're already in the top 1%, or unless you believe full-on socialism will ever catch on in a country run by and for the benefit of capitalists and corporatists, you can personally expect to see a lot more of it once everything worth doing has been automated.

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