How much do you think it costs to make a pair of Nike shoes in Asia?

Re:How much do you think it costs to make a pair of Nike sho... by bdangubic on Wednesday April 09, 2025 @08:18PM (#43639380)

your largest investment is your home cause you live in strange times when over the last decade the price of housing has ballooned like a big bubble that it is now. if you lived your “core” years in say 50’s to ‘80’s the house would neither be your largest investment nor your primary source of wealth (guessing you are affluent “white collar”…)

I look at my tiny townhouse that my Dad could built in 6 weekends with his buddies and zillow needing seven digits to display the price and very well thinking “what a fucking real estate bubble we live in currently.”

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Re:How much do you think it costs to make a pair of Nike sho... by disgruntledphd2 on Thursday April 10, 2025 @06:35AM (#43642567)

I don't think this is true. Housing has basically been around 50% of total wealth for the past 50 years or so. Check out Pikettys capital in the 21st century for far more details.

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Re:How much do you think it costs to make a pair of Nike sho... by Foxhuls on Thursday April 10, 2025 @08:10AM (#43643026)

While I can’t speak to which one of you is correct I think it’s worth pointing out that 50 years ago only pushes into 5 of the 30 years that they referred to. I can’t imagine it would’ve jumped to 50% overnight in that change but I still thought it was worth mentioning.

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Re:How much do you think it costs to make a pair of Nike sho... by bdangubic on Thursday April 10, 2025 @08:39AM (#43643200)

https://observationsandnotes.blogspot.com/2011/06/us-housing...

there is a clear point at which one might start thinking about real estate as investment (and it sure looks bubbly). if you bought a house as an investments some decades ago it is not much of an investment and basically a loss inflation-adjusted, no?

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