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you are priced out of specific locations, not the whole housing market and those people who are pricing you out of those locations, they themselves are also pri
by hyuuu 5y ago
you are priced out of specific locations, not the whole housing market and those people who are pricing you out of those locations, they themselves are also priced out from other certain high priced locations.
- deleted 5y ago[deleted]
- mercy_dude 5y agoThis the classic “pack your bag and move” type of argument much like “learn to code”. For many this is not an option due to job, family and a host of other things. The point in the article I was highlighting was about prices outpacing growth. And that’s a problem. When you have prices doubling almost every 5-10yrs and no chances of slowing down then why even work?
- kazen44 5y agoAlso, in usual capitalistic fashion, it completely removes the human aspect of living somewhere. You belong to a certain community. People are being priced out of their community and social neighbourhood by speculation and rent seeking. This is a deliberate political choice, and it shows, especially if we account for the mass individualisation of (american) society.
- throwaway984393 5y agoI like how when this happens to poor black people, we don't care because we middle-class white people deserve to live wherever we want. When it happens to middle-class white people, suddenly it's unfair.
- closeparen 5y agoIt's not specific locations, it's cities as a whole. There is so little urbanism in this country. You've got Manhattan, the Loop, and a few dozen downtown blocks across the rest of the top ten. Of course they're going to be insanely expensive. If even one city embraced Manhattanization the way America has embraced sprawl for the last 75 years, you could direct the complainers there. But there isn't one.