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>And if I - earning 2x-3x more than most workers - can't afford these basic homes, how the hell does everyone else who earns the median income of $60K do it? B
by CountDrewku 5y ago
>And if I - earning 2x-3x more than most workers - can't afford these basic homes, how the hell does everyone else who earns the median income of $60K do it?
By living in a rural area or not on the coasts.
>And I don't think it's appropriate to expect 40 year olds to still live with a bunch of roommates like they did when they're 22.
I guess that depends on your culture. It's pretty normal to have multiple families or roommates in other countries.
The only legit way I can see to fixing some of these issues is to ensure you do not let investors outside of your country buy up property. China is notorious for this. Secondly maybe you limit companies like Blackrock as well. I really dislike the idea of rent control. I don't think people that own a few properties should be punished and pushed out of the market. This just leads to larger corporations owning everything.