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Investing and personal finance
IroNat:
--- Quote from: Humble Narcissist on June 15, 2023, 01:45:05 AM ---They are praying for a war with China or Russia. Military industrial complex.
--- End quote ---
Don't need a war, just a threat to spur more spending.
Humble Narcissist:
--- Quote from: IroNat on June 15, 2023, 04:43:49 AM ---Don't need a war, just a threat to spur more spending.
--- End quote ---
Yep, also leaving military gear in countries like Afghanistan.
Gregzs:
DESTROYING The American Dream With Build To Rent Homes
SOMEPARTS:
--- Quote from: Gregzs on July 08, 2023, 06:31:49 PM ---DESTROYING The American Dream With Build To Rent Homes
--- End quote ---
This is the future and it's already in the works. To be honest a majority of the population do not add enough value to the economy to own a home. Automation and AI will further streamline and make this worse. They have been preparing younger people for a lower standard of living through "equity" and "climate" messaging.
IroNat:
A young single mom with two kids, unless she has a very well-paying job, should not be able to afford a suburban home with amenities.
My first house in 1984 was a 2-family in the city for $50k. Even at that I could barely qualify to buy it at then interest rates of 17%.
That same house 40 years later goes for maybe $110-$120k tops.
Young people today expect to start out with a house that their parents could only afford after 20 years that is $500k.
My first house 1984 $50k
2nd house 1989 $75k
3rd house 1997 $114k
Current house 1998 $200k
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