I’d say “some,” not a lot. And I’d also qualify them as reasonable assumptions given the article content and your original comment. But regardless, you agree things are worse now, and to the people who can’t afford homes, being in a situation that’s only a bit worse rather than impossibly worse could be a meaningless distinction. As I said, your parents are not the problem just because they want to stay in their home, but there is a problem.
The age range of millennials, the age of boomers, the idea that a forever long-term home is likely a second or third home purchase, your statement that you grew up in that house and are presumably a millennial. What year are we talking then? Average rates were level ‘85-90 in the 10% range, dropping after that.
That’s a fair point, if you’re among those who don’t wait the length of time for an entire generation to come of age and two thirds of your loan period to pass before you get to see lower interest rates. Between the late 70s and early 80s there was a steep rise in mortgage rates, but this quickly dropped off and returned to early 1970s rates. Rates stayed mostly constant from then until the 2000s when they began to drop off, reaching a near once-in-a-lifetime historic low just a few years ago.
Wages haven’t risen with inflation to allow others to reap the benefits of buying in and waiting for their property values to soar. And the topic in this particular thread isn’t renting vs buying. The original commenter stated that the article didn’t consider their parents’ 12% mortgage rate. This specific discussion is about whether holding onto a 12% loan for thirty years at a starting 1990 salary is equivalent to today’s rate with today’s prices at today’s salary—and it’s not.
I’m not a math whiz, but just using an online loan interest calculator, comparing the total cost of the median loan to median salaries for 1990 vs today, that 12% rate still doesn’t make up for the difference in home prices and the stagnating wages young people face today. Seven percent mortgage rate today (which is being generous) compared to 12% yesteryear, at homes that were one quarter of today’s price, with salaries that have grown by barely a third… it just doesn’t add up. I’m not saying your parents are wrong, I’m saying there is something wrong.
Oh yes. I get what they were going for with the tartan overcoat in holiday colors, but I don’t love it, and it looks a bit bulky on her. The last part is probably because many of the covers use the same head with a different body. The disembodied Jessica head artwork actually changed at one point. Here are some of the books I have where you can see the faces they used to feature alongside the newer one.
Self-medication as a term does not rely on what a healthcare professional would or would not prescribe you. It’s simply a behavior where a human self-administers any substance to treat a condition. Sometimes those substances would be recommended in certain cultures and not in others. Sometimes substances are recommended with limitations (e.g. a glass of red wine a day). But the point is that self-medicating not only doesn’t require a doctor’s note, it is often viewed as a response of asserting independence from established medicine.
I’ll echo other comments here that simply raising taxes does not seem like a successful long-term intervention strategy in a vacuum—and I don’t think the author intended for it to come across this way, though it kind of did. The availability of mental health services and a number of societal ills are what need to be addressed.
I’ll also add that in the same period when the author discusses a decrease in alcohol-related injury deaths, post-1991, there was an increase in illicit drug use as illustrated in this National Institute on Drug Abuse chart. While the increased trend in the use of any illicit drug is largely driven by marijuana in this chart, you can see there are also moderate increases for other drugs like LSD, cocaine, and later heroin.
Did the sudden availability of certain other drugs plus the higher cost barriers to obtaining alcohol create an environment that led to more drug abuse and other drug-related deaths? I don’t know, I’m not a researcher, but it’s a question.
I get what you’re saying and don’t disagree with your distinction. But it bears pointing out that it feels like splitting hairs to say self-medication and coping mechanisms aren’t the same when you’re the individual in pain.
Season 5, Episode 9 for reference. Personally, I’m not a big fan of Grady episodes.
Drag queens bringing us the content we crave, as ever!