> people have been indoctrinated to expect home ownership
Expecting to own the building and land on which you live and from which you contribute to society is a product of indoctrination? That makes sense if you're completely against land-ownership (which is, on the surface, a reasonable idea), but surely accepting the only current alternative (paying rent) is the product of an even more sinister form of indoctrination?
Re:Gen Z does not dream of labor
by s1artibartfast on Sunday April 24, 2022 @07:46PM
(#31149330)
Maybe indoctrination isn't the best word for it, but people came to expect something from their lives that has never been true for any generation in this country in the past. I'm for homeownership, but that doesn't mean the expectation is based in reality. People grew up on media that had a distorted picture of life that was never true or a broad swath of the population
It seems to me like there’s a big difference between “since the 1960s” and “always.” Is there no good data going at least 100 years further back?
Re:Gen Z does not dream of labor
by s1artibartfast on Sunday April 24, 2022 @10:21PM
(#31150208)
I found this data going back to the late 1800s. It looks like 25% was the rate at the turn of the 20th century climbing to present levels after ww2
https://dqydj.com/historical-homeownership-rate-united-state...
Half the issue is that people have been indoctrinated to expect home ownership and long for some golden age seen on TV that never existed.
Home ownership was never universal in the US. It has been within a few percent of 65% since the 1960s[1]. It was always out of reach for the lowest earners, like those that make minimum wage.
Some people whos parents owned houses will inevitably be unable to afford them themselves. Some people whos parents couldn't will.
https://en.wikipedia.org/wiki/Home-ownership_in_the_United_S...