Re:Wave of US labor unrest could see tens of thousands on st...
by silisili on Friday October 01, 2021 @11:43PM
(#28725772)
Housing is the big factor. When it went insane, people who were on the edge of being able to afford housing got forced out. That was a whole lot of people. And when you lose your dream, what's the point of trying anymore?
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Re:Wave of US labor unrest could see tens of thousands on st...
by dehrmann on Saturday October 02, 2021 @01:03AM
(#28726109)
> When it went insane, people who were on the edge of being able to afford housing got forced out. That was a whole lot of people.
It's the same pool of buyers and the same pool of houses, so no one's really getting forced out. If they were all so close, prices would jump as soon as they start buying. It's only interesting if the increase brings a lot more investors to the market.
Re:Wave of US labor unrest could see tens of thousands on st...
by silisili on Saturday October 02, 2021 @01:05AM
(#28726117)
What? No, it's not. Forced out meaning forced out of the potential buying a house market, not forced out as in evicted. I know because my brother was one of them.
He's been saving for 6 years to finally buy a house on a 45k a year salary in what was a LCOL area, and now he's forced out. Living with our mom, and basically gave up.
The buyers are all the haves, and corporations. The have-nots got forced out.
I make enough, and can afford things. But I'm not blind to the problems of the everyman, and none of us should be. They outnumber us 4 or more to 1.