Andrew LokenauthMarried and own a home by 30 year old in the US:
2025: 12%
2010: 25%
2000: 35%
1990: 43%
1980: 45%
1970: 48%
1960: 52%
I’m sure everything is fine.
aburtch@FluentInFinance The oligarchs are going to find out they've optimized and financialized everything to the point where no one will be able to afford anything.
David RenaudI think It's going to be ugly if we eventually have to go to a universal basic income.
@D_Reno @FluentInFinance It will get ugly before we even get to that. The money currently in power will not go voluntarily. Nor will it pay a UBI until there's literally no other option except for getting their heads cut off.
@aburtch @FluentInFinance exactly. That's when the country goes to hell.
Faraiwe@aburtch @D_Reno @FluentInFinance FTR, I and many millions of other Americans are just fine with the "off with their heads" option.
Finitum@aburtch @FluentInFinance going to capitalism ourselves back into indentured servitude.
I remember a culture lesson in high school about how young people in Spain lived with their parents until they were in their late 20s, even after getting married and the class laughing and laughing. Just lost it.
Welp. Here we are. Single family 3 bedroom 2 bath home rent going for 5k. Best of luck out there kids.
@Finitum @FluentInFinance Oh yeah, in my friendship circle, almost all have their college-aged or post-college kids living with them.