cvh1991
Legend
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- Joined
- Dec 3, 2020
- Posts
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Despite young people on a massive scale living with their parents in western countries (out of financial necessity), the general view from both women when it comes to prospective partners and also from the older generations is that living with your family or parents is a sign of failure and that it’s shameful.
An irony here is that many women who wouldn’t consider a guy that lives with his parents either also lives with their parents or did for an extended period.
As for why this has happened, of course we all the know that the cost of a home and rent has skyrocketed VS median wages putting home ownership out of reach for most working young people (there are of course reasons behind why that’s occurred). And paying rent is such a high portion of one’s paycheck that if you can avoid it or pay your family less it’s a must since otherwise you cannot get ahead due to flushing all your money down the drain and into your land lords pocket.
Fixing this isn’t even that hard honestly (see below), but the reason it doesn’t get fixed is because the people in power who are very wealthy and the largest voting block (the Boomers) are home owners and they’re being greedy and selfish to put it bluntly — and as a result they are crushing young people all so that they (already a very wealthy group even in adjusted terms) can have more and so that their homes have the highest values possible.
I learned recently that Churchill advocated many moons past for safeguarding against monopolies especially of land and advocated for taxing land at the rental value it held. Even Milton Friedman a famously conservative economist conceded that a tax on land was a “least bad tax”.
I’m not sure we’d have to go as far as Churchhill’s proposal but the solution is to:
> heavily disincentivize owning multiple homes or homes you don’t reside in through policy action
> government starts building way more housing
> kick out the foreign speculators
> government tells NIMBY groups who just want to prop up their own home values to fuck off
> curtail immigration to lessen housing demand which would also probably put an upward pressure on low skill labor
> I’m uncertain when it comes to direct rent controls but at this point the greed is so overt something big has to be done. If the board flips too far and owning a home/land isn’t worth it to people anymore then we went too far and policy can be scaled back. Is that really so hard?
The housing cost problem isn’t the everything problem but it’s a huge fucking problem. And it’s one our parents and grandparents did not have to struggle with in the same way young people today have to.
Housing costs relative to wages have ballooned over time to an absurd degree. This is basically why people live with their parents even when they work.
And if you’re a boomerfag who “got theirs” I don’t care, you should be drug through the street for your selfishness and caring about no one but yourself. And people say millennials are the “me me me” generation, bullshit. Boomers lived through the most prosperous era in human history and were exceptionally lucky yet most delusionally believe they just worked harder than “young people today” giving no real thought to how society around us has changed to fuck young people in the ass.
I did everything they told me too education wise and I’ve been working for 15 years having my soul crushed and for what? The houses get more expensive faster than I can save for one. And honestly no shit people throw all their money into assets since we live in a society where money is constantly being devalued due to inflation.
Fuck this shit, these are the bad times.
An irony here is that many women who wouldn’t consider a guy that lives with his parents either also lives with their parents or did for an extended period.
As for why this has happened, of course we all the know that the cost of a home and rent has skyrocketed VS median wages putting home ownership out of reach for most working young people (there are of course reasons behind why that’s occurred). And paying rent is such a high portion of one’s paycheck that if you can avoid it or pay your family less it’s a must since otherwise you cannot get ahead due to flushing all your money down the drain and into your land lords pocket.
Fixing this isn’t even that hard honestly (see below), but the reason it doesn’t get fixed is because the people in power who are very wealthy and the largest voting block (the Boomers) are home owners and they’re being greedy and selfish to put it bluntly — and as a result they are crushing young people all so that they (already a very wealthy group even in adjusted terms) can have more and so that their homes have the highest values possible.
I learned recently that Churchill advocated many moons past for safeguarding against monopolies especially of land and advocated for taxing land at the rental value it held. Even Milton Friedman a famously conservative economist conceded that a tax on land was a “least bad tax”.
I’m not sure we’d have to go as far as Churchhill’s proposal but the solution is to:
> heavily disincentivize owning multiple homes or homes you don’t reside in through policy action
> government starts building way more housing
> kick out the foreign speculators
> government tells NIMBY groups who just want to prop up their own home values to fuck off
> curtail immigration to lessen housing demand which would also probably put an upward pressure on low skill labor
> I’m uncertain when it comes to direct rent controls but at this point the greed is so overt something big has to be done. If the board flips too far and owning a home/land isn’t worth it to people anymore then we went too far and policy can be scaled back. Is that really so hard?
The housing cost problem isn’t the everything problem but it’s a huge fucking problem. And it’s one our parents and grandparents did not have to struggle with in the same way young people today have to.
Housing costs relative to wages have ballooned over time to an absurd degree. This is basically why people live with their parents even when they work.
And if you’re a boomerfag who “got theirs” I don’t care, you should be drug through the street for your selfishness and caring about no one but yourself. And people say millennials are the “me me me” generation, bullshit. Boomers lived through the most prosperous era in human history and were exceptionally lucky yet most delusionally believe they just worked harder than “young people today” giving no real thought to how society around us has changed to fuck young people in the ass.
I did everything they told me too education wise and I’ve been working for 15 years having my soul crushed and for what? The houses get more expensive faster than I can save for one. And honestly no shit people throw all their money into assets since we live in a society where money is constantly being devalued due to inflation.
Fuck this shit, these are the bad times.
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