This seems right. Home prices (automobiles too) are probably the highest inflated prices of any items that consumers would expect to buy and college tuition increases certainly would be comparable to housing.
Of course, at one time this was seen as a "benefit" - "a house is the best investment that you may make", which may still be true for practicality but as a hedge against inflation maybe less so, especially if the government actually somehow finds a way to tax unrealised gains.
The goal, it seems, is to make home ownership more or less impossible except for those in the government and their allies. College tuitions are already demonstrably worth less despite the increase in cost, but one doesn't necessarily NEED a college degree (I don't have one), but housing is a necessity.
Of course, one could also make the argument that houses are far larger and more luxurious than those purchased by our grandparents. My cousin laughed at me when I reminisced about the house he grew up in, laughing it off as "ridiculously small" with bedrooms just big enough for a twin bed and an equal sized area of play space for him and his sister, and of course the family of four shared a bathroom. Maybe the housing prices need to be adjusted for bathrooms/square footage lol.
rinbaum / Stephan Rinbaum
npub1l4…dl0g0
2024-05-08 22:37:43
in reply to nevent1q…5z2j
Author Public Key
npub1l45wqz79nexmtu79lv5up74e3mjwxnntpd6pxs7pzgu0vp33w32s7dl0g0Published at
2024-05-08 22:37:43Event JSON
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