this post was submitted on 14 Nov 2024
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Housing Bubble 2: Return of the Ugly
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Yeah, people can't afford to buy. It has nothing to do with not wanting to.
The only way this article becomes plausible is if the average person was spending/saving/investing their money else where...
We're not though because it doesn't exist...
Honestly, unless people are in their 20s and willing to live out of a van (using a gym for shower etc.); I have no idea how the fuck people are expected to save up enough to buy a home. Shit’s beyond ridiculous.
Narrator voice: They are not, that's a feature too
Most people that are buying a house look at it as an investment in itself. Even if the property only holds it's value rather than rising the way it has for the last few decades, it's still valuable equity.