After decades of trying to get a house, I also accepted that I’ll be likely renting now for the foreseeable future.
There’s nothing left for us. The wealthy have it all at this stage, and things will only get worse economically. AI is going to push so many people out of jobs… And we no longer have a functional federal government in the US. I gave up on that, too.
We just take it all one day at a time at this point. Be kind to the others, we all need to help each other.
That’s not contentment you fuck stick. It’s exhausted acceptance of reality. Reality being that in America capitalistic greed always wins.
Yeah, people can’t afford to buy. It has nothing to do with not wanting to.
The only way this article becomes plausible is if the average person was spending/saving/investing their money else where…
We’re not though because it doesn’t exist…
Honestly, unless people are in their 20s and willing to live out of a van (using a gym for shower etc.); I have no idea how the fuck people are expected to save up enough to buy a home. Shit’s beyond ridiculous.
Most people that are buying a house look at it as an investment in itself. Even if the property only holds it’s value rather than rising the way it has for the last few decades, it’s still valuable equity.
It’s only anecdotal (I’m British btw, but I’d be surprised to find the situations were too different across the pond), but I know very few people that rent that wouldn’t buy if they could afford to. I’m quite sure that most people rent out of necessity, not choice, and that the “I want to rent” market is in reality, quite narrow.
I rented for about ten years, for no other reason than I couldn’t save as fast as mortgage deposit requirements were increasing and I ultimately moved about 300 miles away from where I grew up so that I could be somewhere that had houses slightly more affordable.
I’m sceptical that this article isn’t much more than a reworded article about Stockholm syndrome.
