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There isn't a housing bubble when the government does everything possible to prevent the bubble from bursting. The median salary in the USA is a joke for people
by throwaway438 5y ago
There isn't a housing bubble when the government does everything possible to prevent the bubble from bursting. The median salary in the USA is a joke for people that are without any relatives supporting them financially for a mortgage, that will never afford a decent home that's actually located somewhere desirable and until in they reach their 40s.
- cedilla 5y agoHalf of people live with less than that joke by definition, and most don't have the privilege to be supported by wealthy relatives, either.
- throwaway438 5y agoExactly it's a giant joke and when homes were affordable 30 years ago. So it's ridiculous when people act like wages are too high while ignoring inflation without the ability to afford a home unless the wages match what's needed.
- apercu 5y agoIt's bullshit. Call it what it is. When people say that wages are fine they are being disingenuous or they are willfully ignorant.