Comment on I'm not asking to be rich.
iopq@lemmy.world 1 year agoWhen did a living wage become “buy real estate” wage? A house in my area is two million dollars. So you guys really want everyone to become a millionaire, huh?
Comment on I'm not asking to be rich.
iopq@lemmy.world 1 year agoWhen did a living wage become “buy real estate” wage? A house in my area is two million dollars. So you guys really want everyone to become a millionaire, huh?
FlyingSquid@lemmy.world 1 year ago
When living meant affording a home. And no, I want houses to not cost unreasonable amounts just like I want wages to reflect inflation.
iopq@lemmy.world 1 year ago
If houses would not cost unreasonable amounts then a normal salary would be able to afford one. You can’t demand a salary that can afford a house because houses are NOT reasonably priced, so your demand is not a reasonable one either
FlyingSquid@lemmy.world 1 year ago
…does not reflect inflation. I have no idea why you think wages that have been stagnant for decades are sustainable or why housing prices are justified.
iopq@lemmy.world 1 year ago
aei.org/…/have-wages-stagnated-for-decades-in-the…
There was a peak in 1973-1979 where you can make that argument, but in our lifetimes the real wages have grown consistently and have beaten that peak
iopq@lemmy.world 1 year ago
I don’t think housing prices are justified, which is why not everyone can afford to own. I’d rather build so much housing it crashes the market in all of the cities so that everyone can afford a house on their current salary. It doesn’t make sense to suggest to increase everyone’s wages so more money is chasing the same amount of housing, that would only increase housing prices