>>13061902i think you have no scale of perception about just how many boomers and gen x siphon off of low income renters and youth.
in vancouver, china bought up much of their downtown skyline. they jacked up the prices so high that no one lived in these condos, for years.
they bought up so many condos and houses that it drove the rest of the entire cities renting costs, siphoning all of this money into china and away from local/city/country business, and reducing the amount of purchasing power the people had.
a house is an investment of risk just like any other, and yet it's extremely safe.
if you build up a house and improve its value, great. there are an insane amount of boomers who have dozens, hundreds, thousands of houses that have gone way beyond paying themselves off.
all it equates to is: 1. if you got here first, you and your family maintain generational spoils by doing absolutely nothing at all, as all your work can be supplement through cheap labor
2. old people being fed by young people their entire lives.
Does this at all sound natural? Does that sound like what nature intends? Do you ever see an animals spawn hunting and providing for the parents?
people can "create low commitment housing" without parasiting and holding back literally all of culture.
it took millenials to get into their 30s before they had any real cultural representation, and they had to combine their cultural stake with another generation after them
irdc how people rationalize the system we have made
much of it has hit its limits