3 ms·
economics have been largely unpredictable since the industrial revolution. i have no idea what the situation will look like in 1-3 generations when the largest
by helen___keller 3y ago
economics have been largely unpredictable since the industrial revolution. i have no idea what the situation will look like in 1-3 generations when the largest gen dies off, declining birth rate, etc
it does suck for a large number of young people who have no hopes of ever owning a home close to jobs. Right now if I'm searching for homes in my urban region (the whole region), the graph of prices shows a mode at 1-1.25MM. Even current rates notwithstanding, this is a bafflingly high price for a region of 5 million people, statistically 90-95% of have no hope of affording prices that high without some external wealth (e.g. parents).