this post was submitted on 12 Jul 2023
1433 points (95.3% liked)
Memes
45292 readers
1466 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Your parents almost certainly voted to restrict the supply of housing so they could artificially inflate their houses value and retire off of their house.
The causes of the housing shortage are known. We can change it.
It a little hard to blame them since they were sold the end of pensions and rise of the 401k. Which the bottom 60% of the country has close to zero of and then they can't make a living wage because the shareholders demand a greater return every year.
You're right. It's basically every Americans dream to buy a house, and sell it for a massive profit.