Re:'Nobody Wants to Work Anymore' Meme Cites Real Newspaper ...
by BurningFrog on Friday December 02, 2022 @11:21AM
(#33832572)
The housing shortages are artificial, but there is no organized thought of keeping people working behind it.
Mostly just homeowners voting in their self interest, and unintended consequences.
Re:'Nobody Wants to Work Anymore' Meme Cites Real Newspaper ...
by CalRobert on Saturday December 03, 2022 @03:13AM
(#33841714)
The connection between "I want my home price to go up" and "I want other people to have to work really really hard for me to sell them my home" should be less tenuous.
Re:'Nobody Wants to Work Anymore' Meme Cites Real Newspaper ...
by eulers_secret on Friday December 02, 2022 @11:58AM
(#33833115)
I have recently given up the notion of ever owning a house: it’s far too expensive.
Even with rent increases, I can live in 500 sqft apartments and basically retire in my 30s/40s.
If I buy a house I’ll work until I’m 70. And I’ll be house poor that whole time.
The price of single-family detached homes is so out of line that it is absurd.
Re:'Nobody Wants to Work Anymore' Meme Cites Real Newspaper ...
by jjav on Friday December 02, 2022 @01:12PM
(#33834322)
> If I buy a house I’ll work until I’m 70. And I’ll be house poor that whole time.
How will you pay for the ever-increasing rent on apartments when you're 70 and beyond?
Owning a house is short-term pain but allows you to lock in a "rent" (mortgage) which will never increase and will at one point go to zero, hopefully before you retire.
It's more galling when you realize these shortages, at least of housing, are artificially created in order to make sure people keep working as much as possible.