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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kungfoocraig•

Mobile homes (trailers) in my area are going for upwards of half a million now

1
Matego_g•

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.

1
Savixe•

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.

1
FIR35T0RM_22•

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)

1
voluotuousaardvark•

In 40 years no one will own their homes, they'll all belong to banks and rented out to the plebs.

0