Re:The majority of 18- to 29-year-olds in the US are now liv...
by throwawayinfo on Friday September 18, 2020 @11:46AM
(#24518250)
It's still possible possible to build a house today and live in it, and there is plenty of land, even some going for cheap. But most people don't want that because they make that trade off for today's luxuries.
There is nothing in this that suggests one needs to spend 1/4 or 2/3 of the productive labor in their lives to maintain the house.
Progress is to reduce the maintenance cost. The lower it is the lower the salaries can be which increase productivity exponentially.
IOW grandpa's pension plan is for a large part to continue to pay for housing. He spend his entire life busting his ass but some how didn't manage to earn a place to live.