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The problem with the system is not that it's too hard to get more money into it. That's actually the opposite of the problem.
by InclinedPlane 11y ago
The problem with the system is not that it's too hard to get more money into it. That's actually the opposite of the problem.
- jmount 11y agoVery right. Education, homes- all get more expensive as you make taking loans easier.
- jschwartzi 11y agoIt's almost as if the further the asset price gets disconnected from the amount of labor it takes to own it, the more expensive it gets.
- jmount 11y agoYep. If your neighbor is willing to enslave their-self to buy a home, then you are going to have to do the same to buy a home on salary (unless you strike it rich).