Striker to A Boring [email protected] • 5 months agoPoignant post on the state of thingslemmy.worldmessage-square344fedilinkarrow-up11.49Kcross-posted to: [email protected]
arrow-up11.49KimagePoignant post on the state of thingslemmy.worldStriker to A Boring [email protected] • 5 months agomessage-square344fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilink85•5 months agoWhere I’m from, the median house price has risen 600% relative to the median income in the past 50 years. That means the deposit we pay today is the equivalent of the entire 30 year mortgage of the people calling you lazy.
minus-square@[email protected]linkfedilink34•5 months agoYup, the 137 points is just “core” inflation. Education, Housing, Food, and Cars all come in over that. Which is fine because those aren’t necessary in the US right?
minus-square@[email protected]linkfedilink12•5 months agoAnd yet nearly anyone IRL you point this out to spouts some form of free market propaganda bullshit.
minus-square@[email protected]linkfedilink2•5 months agoWhen houses cost twice a person’s salary there were no 30 year mortgages.
minus-square@[email protected]linkfedilink1•5 months agoTrue - that’s been the response to pricing getting out of control rather than addressing the fundamental issues with the economy.
Where I’m from, the median house price has risen 600% relative to the median income in the past 50 years.
That means the deposit we pay today is the equivalent of the entire 30 year mortgage of the people calling you lazy.
Yup, the 137 points is just “core” inflation. Education, Housing, Food, and Cars all come in over that. Which is fine because those aren’t necessary in the US right?
And yet nearly anyone IRL you point this out to spouts some form of free market propaganda bullshit.
When houses cost twice a person’s salary there were no 30 year mortgages.
True - that’s been the response to pricing getting out of control rather than addressing the fundamental issues with the economy.