3 ms·
The doomsday argument implies it will also be steep, but in the other direction, making real estate not so valuable.
by yters 9y ago
The doomsday argument implies it will also be steep, but in the other direction, making real estate not so valuable.
- tgb 9y agoI don't think anyone is planning their retirement savings based off a 95% chance of the only being 2 trillion to ever live - even at 10 billion living people you're looking at thousands of years for that prediction to be relevant.
- stale2002 9y agoI certainly hope so. The biggest expense that the average person pays for is rent and home mortgages. The world be auch better place if a >1/3 of everyone's paycheck wasn't going to rich landlords.
- fred_is_fred 9y agoWhy not move somewhere cheaper? You don't have to live in SF or NY or Seattle to work in tech.
- stale2002 9y agoThings work fine for me, because I am in tech. It is everyone else that I am worried about. Housing costs are the biggest transfer of wealth in the world, and the higher costs are, the less money there is in the average person's pocket.