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One can hope. I'm put immediately in mind of Dave Eggers book The Circle. Everyone else unless you are rich enough, or powerful enough. Thus in 2045, humanity'
by NeedMoreTea 8y ago
One can hope. I'm put immediately in mind of Dave Eggers book The Circle.
Everyone else unless you are rich enough, or powerful enough. Thus in 2045, humanity's second great period of serfdom commenced.
Also don't be a future person that embarrasses easily.
- tomc1985 8y agoThe second great period of serfdom has already begun. Look at the current crop of startups and what the average millenial (and older) is doing to make money... Uber, contract employment, renting, leasing.... nobody owns anything anymore unless you're doing well, which is increasingly rare
- smsm42 8y agoGiven you can't buy a house under $1M in pretty much all Silicon Valley by now, how rare it is? There are tons of houses and somebody buys them. So unless that's a dozen people who are buying all the houses - which I don't see the evidence of, e.g. lots of empty houses or massive rent/own ratio shift - somebody is doing well enough to buy those $1M houses.
- TeMPOraL 8y agoInvestors using them as store of value / for rent income, instead of a place to live?
- smsm42 8y agoThere should then be people that a) can afford $1M investment and b) can afford rent prices that justify $1M investment.
- yifanl 8y agoHousing is simultaneously a necessary good and an investment opportunity. As soon as someone realizes this, you can practically see the dollar signs light up in their eyes.
- smsm42 8y agoHow easily you embarrass may not matter if HR department in the place where you work would decide they can't risk employing a person that said something wrong 50 years ago. Or at least the person who said something wrong 50 years ago and somebody managed to get a pitchfork mob interested in that.