Re:Gerontopoly: Homeownership, wealth, and age
by awat on Monday April 23, 2018 @08:27PM
(#16908776)
Agreed, there are timeliness and environmental variables to living costs and land for sure. The fear here seems to be that being a doctor or lawyer to use the cliche won’t secure you housing and that landowner becomes a profession that trumps all in terms of income and social class. I don’t mean this to be disingenuous I realize thats always been true to a certain extent but the extent is important.
The creation of the automobile opened up a ton of land for new, cheap housing. That lasted for a few decades, but the land is now developed and the population is much larger and evermore urban, so the gold rush is over.
There may be a chance to develop our way to cheaper housing, but you'll be getting less land and less space for more money.