I constantly see posts about muh HouSiNg CriSiS. Just makes me roll my eyes every time. If there was a housing crisis then people wouldn't be buying houses. But surprise, people are buying houses which means they are appropriately priced. You are not entitled to a house at below market rate. You are not entitled to a house in the city center or suburbs of a major city if you don't earn like it. There are plenty of affordable homes in the US. Go move to the outskirts of the city (you are not entitled to a short commute). Or go move to a small town somewhere else (you are not entitled to your higher paying city job). And to those of you who say wAgEs hAvEnT kEpT uP wiTh HoUsE pRicEs - WRONG! Houses were incorrectly priced before. Now they are being correctly priced. If they were being incorrectly priced then none of the houses would sell by definition. It just took us to work out the price elasticity of houses as a market.
Another thing related to this. The poors these days live infinitely better than rich people from any time before a 100 hundreds ago, let alone poor people back then. Poors should be greatful that you aren't a sharecropper or working the land for some feudal lord, working 16 hour days and living in a leaky tiny wood hut. Trailers are infinitely better than how poors lived back then. Let alone all the cheap products one can buy at Walmart and Costco or the unending amount of entertainment you can find online. Poors today live like kings from hundreds of years ago and they didn't earn it and shouldn't complain. So spare me about how you are entitled to live in a nice house in the suburbs of a major US city.
Don't agree? Share your thoughts with me by emailing me at chester.xmr@gmail.com or add me on discord at chester.pdf.