Article in case anyone wants to read it
this post was submitted on 02 Jan 2024
1101 points (98.9% liked)
A Boring Dystopia
9787 readers
375 users here now
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--If a picture is just a screenshot of an article, link the article
--If a video's content isn't clear from title, write a short summary so people know what it's about.
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If he bought it outright, he might be ok. Once you own, you get to ride the wave of housing inflation instead of watch it carry the ability to own farther and farther away.
Though if it only gave him a down payment, then he's still just as much a wage slave dependent on not having a manager that dislikes him, though if he is able to make the payments, the above will still apply. I hope the housing crisis isn't going to be as bad on the inflation side, but if it continues previous trends, even with a mortgage, he'll be gaining equity faster than his payments.
Retirement is another story, though.