In 40 years young adults will talk about how their parents got their house dirt cheap at $1m
Posted Dec 25, 2021, 7:11 AM UTC
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Posted Dec 25, 2021, 7:11 AM UTC
I was just able to get a fixer upper 15 miles from town for a quarter million. Sad thing is, it’s a deal for my area.
If central banks and government keep printing money, absolutely.
People get the origins of this problem wrong all the time. This isnt "angry capitalism".
The government has a monopoly on money, right and left winged governments create inflation.
to be fair, inflation is a thing. an expensive house used to be £400 (a little more than 40 years ago, but the point still stands)
In 40 years no one will own their homes, they'll all belong to banks and rented out to the plebs.
Mobile homes (trailers) in my area are going for upwards of half a million now