Housing is at the root of many of the rich world’s problems (2020)

Re:Housing is at the root of many of the rich world’s proble... by pochekailov on Wednesday August 17, 2022 @06:54AM (#32494582)

I'm an immigrant :).

Banking on your family dying - this is like saying "I am a worthless loser". I want old generation to live eternally, and still afford housing.

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Re:Housing is at the root of many of the rich world’s proble... by lotsofpulp on Wednesday August 17, 2022 @06:57AM (#32494601)

If the old generation cannot work for eternity, what would be your solution to a declining labor participation rate?

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Re:Housing is at the root of many of the rich world’s proble... by pochekailov on Wednesday August 17, 2022 @07:01AM (#32494627)

Rejuvenation and life-extending technologies to keep labor energetic forever.

Industrial and maintenance automation for needing less labor.

Relying on next generation to fund your retirement is ok if you live modestly; but not ok if you live luxuriously.

Working person should not be doing worse than a non-working person; otherwise you have an extractive economy and social instability.

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