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Millennials are exhausted by working more for less.
(www.theguardian.com)
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this post was submitted on 06 Apr 2024
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Its not just housing. In the last 20 years life has become much more expensive. Car insurance is 5x, house insurance is 3x, the $20/family house phone is now a $40/person cell phone, ...
I get a little tired of the anti-landlord rants. People want for the to be no rentals?
People want housing to be affordable, and not a profit scheme run by hedge funds to squeeze the last bit of dignity out of society by raising rents and purchase prices based on bullshit numbers they've made up with zero factual basis for cost as justification.
Pretty much nowhere in the US can you afford to be in an actual house as a renter even without making double minimum wage. 78% of the US is living paycheck to paycheck, so how in the hell are they going to afford deposits + rent, insurance, moving costs...etc. Get informed.
Profit scheme run by hedge funds? I'm not sure what that has to do with landlords.
If someone owns a home that they aren't currently living in, what do you propose they do with it? They should take a loss and let you live there cheaply because your job doesn't pay enough? I don't remember any time when minimum wage (or even twice that) was enough to buy a home.
Again, I implore you get informed before you run off and start conversations about such things if you're not even aware of what's going on around you. You're doing a disservice to society, and also yourself.
https://www.npr.org/transcripts/1197961038#:~:text=In%20the%20lawsuit%2C%20RealPage%20is,%2C%20however%2C%20denies%20any%20wrongdoing.
People aren't generally mad at the concept of rental property. They just want things like rent control or more zoning for more cheap multifamily residential buildings. The reason why people are upset at landlords specifically is because they are the ones who vote these against these policies because it would theoretically lower their property value.
It's because of inflation and you can blame that squarely on your fucking corrupt governments all over the world.The only way to avoid this is to opt out of their fiat money printing system and buy gold or some sort of crypto.