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TVs haven't really gotten all that much cheaper to my memory in years. I can recall spending about $7-800 on a big-screen cabinet for our family room in the mi
by tempfs 5y ago
TVs haven't really gotten all that much cheaper to my memory in years. I can recall spending about $7-800 on a big-screen cabinet for our family room in the mid-90's and then recently spending the same amount flat screen LED version recently.
Computers also aren't really all that much cheaper now either. I mean sure, OK, compared to the 80's sure but that was 40 years ago.
Cars have absolutely not gotten cheaper.
Education and housing though...yeah. The Federal Reserve has made sure that no one has been able to afford either for many years now. Housing has also been made even worse by flippers and foreign investors(invaders).
Rentals also consolidating into fewer and fewer hands which is just going to drive up rents for everyone.
Electronics are frankly only so important.
Housing(ownership especially) and education are actually things that underpin so many other societal problems that we as a country should have *never* allowed lax interest rate policy and Chinese investors / flippers to drive prices so far beyond any semblance of rationality.
- blooalien 5y ago> "Computers also aren't really all that much cheaper now either." Depends on how you define "cheaper computers". Over the years, $1000 home computer is consistently far more powerful with far more storage, memory, and features than that same $1000 would have bought you the year before. We also now have nifty toys like the single board computer market (Raspberry Pi, etc) weighing in at the $5-50 USD price range on average, and smart-phones in a wide range of prices (which are basically just a "pocket computer") far more powerful than entire desktop systems of decades past. > Electronics are frankly only so important. > Housing(ownership especially) and education are actually things that underpin so many other societal problems that we as a country should have never allowed lax interest rate policy and Chinese investors / flippers to drive prices so far beyond any semblance of rationality. Must agree with these points pretty much entirely though…