My favorite part of this whole 50 year mortgage thing is the shock that you’d pay like $1.7m for a $400k house over the 50 years while not batting an eye at paying $900k for a $400k house over 30. It’s even funnier because houses don’t have a set value, can change on a whim and have become a path to wealth instead of the necessity that is shelter.
The quality of the materials and the precision of the build has gone down while the prices rise, and everyone’s like “oh this sucks, but the market”.
Well, it was, until recently. Trump cracked down on a lot of homelessness laws around the country. Laws like, you can’t even stay on your family members driveway any more!! Its fucked out there. Just youtube executive order against vanlife
Like stocks, and art, they’re only as valuable as what people will pay for them.
If you want a shelter, you can use sticks and leaves in the forest and build something halfway decent at least. If you want a building to call your home, pay up dickhead.
Meanwhile, people who should be buying are renting, people who should be renting are in airbnbs or living in their cars, and the family dwellings are owned either by some jerkwad who wanted an income property, or a corporation that just felt like owning more land because they could.
I’m so proud of our society. Such progress! Capitalism is great!
“Like stocks, and art, they’re only as valuable as what people will pay for them.” Except this only takes into consideration what the rich will pay and that sets the “value”. I’m a people and my value for things is super low.
Yeah, the market only cares about the maximum that people will pay for it. You’re not offering the maximum, so you’re not important enough for the market forces to care about.
I’m not either, so… We’re in this boat together. You want to row on the starboard side? Or port?
My favorite part of this whole 50 year mortgage thing is the shock that you’d pay like $1.7m for a $400k house over the 50 years while not batting an eye at paying $900k for a $400k house over 30. It’s even funnier because houses don’t have a set value, can change on a whim and have become a path to wealth instead of the necessity that is shelter.
The quality of the materials and the precision of the build has gone down while the prices rise, and everyone’s like “oh this sucks, but the market”.
At least cars are considered a valid housing choice these days, which is why car prices are rising.
Honestly, I thought it is actually not allowed in a lot of states to live in your car.
Well, it was, until recently. Trump cracked down on a lot of homelessness laws around the country. Laws like, you can’t even stay on your family members driveway any more!! Its fucked out there. Just youtube executive order against vanlife
So that’s why PC cases have gotten so expensive.
Like stocks, and art, they’re only as valuable as what people will pay for them.
If you want a shelter, you can use sticks and leaves in the forest and build something halfway decent at least. If you want a building to call your home, pay up dickhead.
Meanwhile, people who should be buying are renting, people who should be renting are in airbnbs or living in their cars, and the family dwellings are owned either by some jerkwad who wanted an income property, or a corporation that just felt like owning more land because they could.
I’m so proud of our society. Such progress! Capitalism is great!
Wrong, someone owns the forest and your encampment will be destroyed upon discovery.
Neat, go build another one down the river.
This is one of the dumbest takes imaginable
Well, that was the point.
“Like stocks, and art, they’re only as valuable as what people will pay for them.” Except this only takes into consideration what the rich will pay and that sets the “value”. I’m a people and my value for things is super low.
Yeah, the market only cares about the maximum that people will pay for it. You’re not offering the maximum, so you’re not important enough for the market forces to care about.
I’m not either, so… We’re in this boat together. You want to row on the starboard side? Or port?
I vote we just drift for a while.
As long as we don’t end up going over the waterfall, that should be fine.
I’m feeling we’ll end up going over it whether we row or not.
You’re probably right.