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A fun thought experiment is trying to imagine what career an 18 year old today should work towards if they want to own one of those homes. VC or Onlyfans? How c

• bombcar 4y ago
  Moving away is and always HAS been the response; the only reason Seattle is a hotbed of real estate activity is because of the huge influx of people over the last 30 years, escaping rising Californian prices. Currently Arizona and Texas are seeing influxes, and there are other areas, too. It's not like major cities don't exist except on the coasts.
  • 3qz 4y ago
    > It's not like major cities don't exist except on the coasts Canada is a lot smaller. There are only 2 major English speaking cities, a few smaller cities in the prairies (200k to ~1M ppl) which are still affordable, and some dying rural provinces on the East coast with horrible economies. It’s more like moving to Nebraska when California is unaffordable. Most people in BC and Ontario have no affordable cities within a few hours drive of their home town. The affordable cities are over a thousand kilometres away. At that point, it’s easier for most people to try moving to a nearby state across the border.
• reducesuffering 4y ago
  House prices are greatly artificially inflated by zoning restrictions, and this is seriously hurting western people going forward. However, a smart 18 year old can still work towards making $200k/yr compensation as a software engineer within a few years, even remote, where single family homes on an 8k sqft. lot are $400k across the US.
• harambae 4y ago
  > VC or Onlyfans? Well for men that's usually an easier decision