Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--If a picture is just a screenshot of an article, link the article
--If a video's content isn't clear from title, write a short summary so people know what it's about.
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
There are many things that need change, but fixing the housing prices isn't complicated, it's just unpopular. You just need to take make speculating on housing as an asset very expensive. This will drive down the demand from non owner occupiers (businesses). It will also reduce the value of the largest asset most people own. People who invested so much into owning a home with the expectation that it will appreciate aren't going to support policies that do the opposite.
We should've been taxing homes or land that people own but are not their primary residence, from the start.
It would be super easy to implement, and flexible - if housing prices are too high for 75% of the population, you raise those taxes little by little and the problem eventually sorts itself out. If it's no longer a problem, you reduce the taxes.
Gen A is just gonna be Gen
exit
Man I'm glad I was born and raised in a working class town now. Prospects looked pretty dire here when I was a kid. Local industry fell flat in the 1990s and into the 2000s so tonnes of my fellow millennials left to go to uni and get jobs in cities. That kept the cost of living here low and I was able to buy my first house at 22.
Now those deserters are saddled with student debt and unaffordable rents with no prospect of ever buying their own home. Recently the local industry started taking off again in a big way. I'm already making a pretty good wage but I'm also in track to have a Masters Degree and a high paid job after 3 years with a house that should have its value skyrocket over the next decade.
Immigration can be used to replenish deficits in the working population.
The idea that any working class boomer could raise a family/ own a house on a single income is a myth. That was only true if you were a man, and happened to be white. The federal government built the interstates to the suburbs, the GI bill loaned the money to buy the house, and sent you to college. All to the exclusion of POC and women.
Even the labor unions told black men that you couldn't be in a union without a job, and couldn't get hired unless you were in a union. This "golden age" economy was also when a divorced woman couldn't get a bank account, an apartment, or a job.
The capitalists weren't sharing more wealth, they were sharing with fewer people.