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They do work themselves out, but sometimes the timeline for that can be 50+ years. Which is basically your entire youth and productive lifetime. It is pretty co
by ericmcer 4y ago
They do work themselves out, but sometimes the timeline for that can be 50+ years. Which is basically your entire youth and productive lifetime. It is pretty cold comfort to know that income inequality that makes home ownership an impossibility right now will work itself out in a few decades.
- Cupertino95014 4y ago> home ownership an impossibility LOL. Maybe you need to move somewhere unfashionable. You know, be around all those yucky people who go to church & stuff.
- elromulous 4y agoThis comment is needlessly derisive / combative (and frankly has no place on HN). There are many reasons why one would choose to live in a more populated area.
- jmyeet 4y ago> They do work themselves out, but sometimes the timeline for that can be 50+ years. So if Google ends up being dominant for 50+ years does it really matter? I mean, does that somehow materially impact your life? > It is pretty cold comfort to know that income inequality that makes home ownership an impossibility right now will work itself out in a few decades. That's a completely separate issue and one I agree with you on. But the US in particularly has too many brain-broken temporarily embarrassed millionaires who will die on the hill to avoid Jeff Bezos paying slightly more in tax to pay for th esociety that made his wealth possible and continues to make it possible. This is late-stage capitalism. Some argue it's the beginning of neo-feudalism. I'm not quite that pessimistic whiele agreeing the situation sucks. What people in power need to realize is the ultimate valve for extreme wealth inequality is violence. War or revolution is the ultimate form of wealth redistribution. But the political landscape in the US is one where just arguing that trans people shouldn't be murdered gets you labelled as "far left". America is not ready to have the conversation that a capitalist organization of the economy is screwing them over. Personally if I was 22 and just graduating college with huge debt, no prospect of owning a house and income that means living paycheck to paycheck I would just... leave [1]. [1]: https://www.studentloanplanner.com/flee-country-student-loans/ https://www.studentloanplanner.com/flee-country-student-loan...