5 ms·
Exactly.. I couldn't afford to buy before but for a brief window my salary allowed me to buy a home in the area of my city most people were choosing to avoid.
by ipaddr 5y ago
Exactly.. I couldn't afford to buy before but for a brief window my salary allowed me to buy a home in the area of my city most people were choosing to avoid. I wouldn't qualify the following year and I would be very far off now as my salary did not rise at the same level.
What I see smart young people doing is moving away from bigger cities. They get a decent house / lot compared to a condo in a bigger area.
Every generation has to move further away (or make more than others) if a city is growing. You don't have to live in a growing city.. you could move to a declining area or a neutral area. There are advantages to living in a declining city.
- ryukafalz 5y ago> Every generation has to move further away (or make more than others) if a city is growing I mean... maybe to some extent, but ultimately not really. Growing cities becoming unaffordable is a result of our choices. We can make different choices. https://medium.com/land-buildings-identity-and-values/what-is-the-secret-to-tokyos-affordable-housing-266283531012 https://medium.com/land-buildings-identity-and-values/what-i...
- imtringued 5y agoI don't know why but people love the idea of scarcity and exclusivity. If we had a star trek like post scarcity society in 2031 and transported people from 2021 to it they would try and figure out how to reintroduce scarcity back into the system.
- leetcrew 5y agothat's kind of a weird strawman. I don't think people (in general) love scarcity, but you don't have to think too hard to realize that some desirable things are inherently scarce. even in star trek, there are only so many penthouses with a view of central park.