ScoobyDoo
NPC
LOL.
There is a housing problem in the United States. You can go all Republican on the bit and say there isn't but I'm here to tell you there is a problem. I just had a daughter go through it.
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Business, Economics, and Taxes: Capitalism. Yay? >=(
- Thread starter RaceBoarder
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LOL.
There is a housing problem in the United States. You can go all Republican on the bit and say there isn't but I'm here to tell you there is a problem. I just had a daughter go through it.
Kepler
Si certus es dubita
Show me where I argued there isn't.
The problem with housing is the problem with everything else in America: there is accommodation for the ultra rich, the upper middle class, and the indigent. Everybody else is screwed because all the steps on the ladder up to the middle class have either been allowed to splinter (by rich liberals) or been actively sawed through (by conservatives).
Cromulent housing should be free, just like food, healthcare, education, and a UBI. Basic needs should be socialized or we aren't a civilized nation.
D
Deutsche Gopher Fan
Guest
That’s what is so fascinating right now- people are leaving cities to a degree thanks to staying at home. Duluth Minnesota is outpacing the big cities. Boise Idaho is on fire.
i plan to switch careers then move someplace like a Bend, but probably cheaper than Bend yet still not surrounded by militia wanna bes
Kepler
Si certus es dubita
Do you mean Bend, OR? Because Bend is getting to be like Jackson Hole: you can only afford to live there if you're a celebutard or a financier.
D
Deutsche Gopher Fan
Guest
Yes, hence why I said “somewhere like a bend” because it’s out of reach
Kepler
Si certus es dubita
The good thing is there are tons of Bends that haven't been spoiled yet, all through OR, NM, Northern AZ, CO, prolly even CA.
RaceBoarder
Waiting for the Snow to fly...
The biggest thing that people in their 30's have had isn't necessarily a lack of job opportunities per se. It's been a lack of ability to move up.
In retail, most managers are in their 50s and 60s now and have prior management experience. No one is willing to give a kid in their 20s their "first shot" so to speak. Being an intelligent person who can manage people means bupkus when competing against someone who doesn't know their ass from a hole in the ground, but has had a manager position since 1992.
And now with retail failing as a whole, you have people "Applying down". Regional managers are applying for store positions. Store managers are applying for department positions. Even department managers are applying for entry level positions now.
And this isn't just a "retail" problem. Unless it's very tech or hard labor based, this is what is currently happening to people in their 20s and 30s. The "Grey Ceiling" is absolutely a thing.
In retail, most managers are in their 50s and 60s now and have prior management experience. No one is willing to give a kid in their 20s their "first shot" so to speak. Being an intelligent person who can manage people means bupkus when competing against someone who doesn't know their ass from a hole in the ground, but has had a manager position since 1992.
And now with retail failing as a whole, you have people "Applying down". Regional managers are applying for store positions. Store managers are applying for department positions. Even department managers are applying for entry level positions now.
And this isn't just a "retail" problem. Unless it's very tech or hard labor based, this is what is currently happening to people in their 20s and 30s. The "Grey Ceiling" is absolutely a thing.
Kepler
Si certus es dubita
dxmnkd316
Lucia Apologist
Ditto. I lived with my parents for three years after college since I hated the idea of renting and didn't want to risk a mortgage in the Great Recession. Luck favored me and I bought at the bottom of the housing market. Never going to see that drastic of a drop again. At least not until WWIII.
I'm 41 and I'm starting to look into purchasing property in southern Utah for when I retire. My plan is to try to find some town that will be "the next Moab". Western real-estate seems crazy to me, so I feel like I need to get in now, even if its a down on its luck mining town.
Right now I live in a coastal Maine island town where lots of people retire to, so I'm expecting my property value to continue to increase faster than the average. I would like to hold onto a place here though so I can split my time (or give to my kid some day, in case he ever wants to live here), so hopefully I can downsize at that point and at least pocket some cash.
Real estate is totally out of control, and I realize that by looking at a retirement property now I'm contributing to the insanity, but I don't want to get fucked over either.
FadeToBlack&Gold
Microlot Marxist
All I know is that I think there are eventually going to be a lot of empty McMansions in the outer suburbs and exurbs of many large Midwestern cities in my lifetime. I don't know of anyone my age in the market for one unless they're doctors or engineers with money, kids, and/or the status symbol mentality required to take out a $400,000+ mortgage. That said, there are lots of people my age getting into huge bidding wars over small, old bungalows in the inner ring burbs.
The Sicatoka
Kicizapi Cetan
Isn't part of that the mindset difference, 'stuff' vs. experiences, between generations? The stuff folks spend money on the house and yard (and the upkeep, ugh) where the younger folks spend money on experiences.
Kepler
Si certus es dubita
Buy in the Wasatch Range. That's the most beautiful natural landscape I have ever seen. The people are Stepford zombies but hey they'll never go through your trash.
Buy this house and I will visit you and applaud respectfully:
Fig. 1 Probably comes with a brace of teen wives
Kepler
Si certus es dubita
That's just always been the difference between smart people and stupid people. Smart people buy modest homes and cars, but have huge libraries and take long vacations. Stupid people buy expensive homes and cars and have home theatre sectionals with cupholders for their enormous movie collection.
FadeToBlack&Gold
Microlot Marxist
Yes and no. I think a lot of younger people working hourly jobs and paying student loans simply don't have the money to buy a decent house at all. I also think a lot of Millennials saw how badly our Boomer parents got burned by the GR real estate crash, particularly those who had a substantial chunk of their retirement nest egg tied up in vacation homes or rental income properties that they ended up taking a bath on just to get rid of. So those who can afford to buy are acting more cautiously and buying smaller places to avoid becoming "house broke". And sure, placing a higher priority on things other than having a massive house and a $60,000 BMW in the driveway is a factor. I could've afforded a lot more house than I ultimately bought, but my girlfriend and I are not planning to have kids and we would rather spend our money on travel (eventually), so what's the point of having a 3,000+ sq. ft. house if we'd only use half or less of the space?
Kepler
Si certus es dubita
I think we're just seeing what happens when people get reminded that there is no law that says real estate must always increase in value.
Conversely, the morons pumping their money into crypto and other meme stocks appear to be overwhelmingly young, because they have no immediate experience with tech stock bubbles.
The population never gets any smarter because by the time you've been through all the cycles to learn you die. Humanity has an 80-year etch-a-sketch.
Conversely, the morons pumping their money into crypto and other meme stocks appear to be overwhelmingly young, because they have no immediate experience with tech stock bubbles.
The population never gets any smarter because by the time you've been through all the cycles to learn you die. Humanity has an 80-year etch-a-sketch.
FadeToBlack&Gold
Microlot Marxist
Bingo
Kepler
Si certus es dubita
It will be interesting what happens if we ever really prolong healthy lifetimes appreciably. Even now, people are still only living to when the healthiest and luckiest have always lived. There is solid evidence of people living into their 90s 2500 years ago. All we have really done is made huge improvements in the number of people who live long, but we haven't really moved the needle on the oldest.
Futurists have been predicting for a long time that with genetic knowledge we could start goosing max lifespan -- healthy, fulfilling life, not some mummy's tomb nightmare -- to 150-180. I imagine a population distribution like today's, but elongated times 2, would be significantly wiser.
There's actually a great theory that one reason Ancient and even Feudal civilizations are so violent and prone to wars of conquest is the mean age of the decisionmakers is so much younger. Between Periclean Athens and Alexander the Great the major political figures around the Eastern Med range from their Forties down into their Twenties. In the Middle Ages there are lots of older rulers but it's not unusual to have kings and princes in their 20s and 30s. Young, dumb, and full of cum is a really bad combination when you have your subjects' well-being at risk.
Futurists have been predicting for a long time that with genetic knowledge we could start goosing max lifespan -- healthy, fulfilling life, not some mummy's tomb nightmare -- to 150-180. I imagine a population distribution like today's, but elongated times 2, would be significantly wiser.
There's actually a great theory that one reason Ancient and even Feudal civilizations are so violent and prone to wars of conquest is the mean age of the decisionmakers is so much younger. Between Periclean Athens and Alexander the Great the major political figures around the Eastern Med range from their Forties down into their Twenties. In the Middle Ages there are lots of older rulers but it's not unusual to have kings and princes in their 20s and 30s. Young, dumb, and full of cum is a really bad combination when you have your subjects' well-being at risk.
FadeToBlack&Gold
Microlot Marxist
I don't think the average human body, even with the luck of good genes, is really evolved by nature to survive much past 100.
French Rage
NICKERSON HAS [CENSORED]
Right, it's a machine of organic material, even with the best upkeep it's gotta crap out at some point.
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