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> getting a affordable apartment in only 10 years would be a great deal for many today I agree, but the same applied for buying a car and other rare goods as w
by jupp0r 7y ago
> getting a affordable apartment in only 10 years would be a great deal for many today
I agree, but the same applied for buying a car and other rare goods as well. The whole system was unsustainable. The almost comical dysfunction of it is probably hard to believe if you didn't experience it first hand. 10 years after the wall came down my dad came into the kitchen announcing that today we could have picked up our first car, which was one of those [1], in the late 90s.
[1]: https://i.ytimg.com/vi/No1-4GsQa-g/maxresdefault.jpg https://i.ytimg.com/vi/No1-4GsQa-g/maxresdefault.jpg
- 2tab 7y agoThat is what is curious. Something comically dysfunctional should be be absurd and outlandish but isn't. Saving 15 years for down payment so you can have some sort of cost control and housing stability in a modest apartment outside of a city is the reality, or even unattainable, for many people without assets today.