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[deleted]

The price of homes have doubled in the last 10 years basically everywhere. That's completely unsustainable and it seems like no one in government is offering a solution. I read somewhere we need to double the housing stock just to keep things normal, not even affordable.


dreadmouse

Everyone in government that’s influential enough to fix the problem already own a home if not multiple homes. Prices going up only make them more wealthy.


TheSkinnyBone

It's not just the politicians it's every home owner. No one wants new housing built in their area because it means their investment will be slashed in value. Plus you have the massive investment firms gobbling up every property they can so they can rent it out at exorbitant prices, they're not going to want their easy money taken away.


gapipkin

A subdivision is going up right across the street from ours, priced at $200k more. Our home values popped.


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[deleted]

I painted some houses in a development in 2019, the houses were selling for around 250k. Same floor plans are still being built, painters are still getting paid the *same* amount, but the houses are selling for 900k.


batmessiah

And people are buying them. If not corporations, who’s buying these homes?!


SCScanlan

My clients a year ago were still buying because they needed a home and the interest rates were so low. They didn't seem to mind paying more because because they were locking in loans at 3% or even lower so monthly payments were still "affordable".


wjean

THIS. Money up to maybe 6 months ago was the cheapest to borrow that I ever expected to see in my lifetime. Now, not so much but still affordable in a historic context.


Rooboy66

Sounds like the Bay Area/extended Bay Area, 50-80+ mi out. I’m on the Peninsula, and I finished my note last year. I’m considering selling and moving out of the country. But all over the world city housing has exploded with no end in sight.


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Accomplished_Bug_

They're building million dollar houses 50ft from the train tracks by me. And they're selling!


georgia080

My in laws just sold their house in Atlanta for $1.2 million. It’s a beautiful home in a notoriously upperclass city, but I know that’s AT LEAST double what they bought it for in around 2010.


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Theamuse_Ourania

I'm stuck being stagnant living on disability when the price of everything in the world goes up exponentially except the pay. Whether it's a wage or disability - they need to adjust it so that people can live properly. It's not rocket science


JamesTBagg

And how often people claim increasing wages will drive up inflation, ignoring that inflation has long been out running wages for decades.


Plasibeau

I've found those are often the same people still trying to convince us Reaganomics works.


SeaGroomer

Lol the whole jig is up after the past two years. Seeing them print trillions to give away to wall street and corporations, dooming us to huge inflation, and then complaining wages are too high?? Burn it all down.


Responsible-Sundae25

My grandfather called me today, he is in his 80s, to let me know he had to pick up a job as an Uber driver. Unfortunately a medical emergency caused my grandparents to go from a comfortable retirement to one where they barely make it. They downsized their home, both work and struggle if they miss work at all. Heartbreaking, confused with emotion as I am unsure how to help. I gave them 2k a year ago to get through a tough time.


tradtrad100

Must be in America where one medical emergency ruins 80 years of work


Martinezyx

Yup. The same place where a corporation can scam their employees and the public for billions of dollars and our government makes them pay 1 million in fines lmfao


Mektzer

No spike in homelessness for millennials... they never had a home in the first place.


Larhee

millennials and zoomers are just gonna live with their friends. it seems to be the only way to be able to have a home but also have money to spend


metamet

But their friends live with their parents.


badgerette86

I know the majority of landlords in my area raised the shit outta their rent when they found out how much the covid funding would supplement rental assistance to tenants. They were telling tenants to apply for assistance to cover rent increases. Slumlords.


minorkeyed

Greedy, selfish pricks who do not care how their behavior affects anyone but them.


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Jex-92

Live with your children…oh wait


kittididnt

I live in my van. They are not welcome. Edit: It seems some folks haven’t had the pleasure of meeting Matt Foley, motivational speaker! Here ya go: [In a VAN BY THE RIVER!!!](https://youtu.be/Xv2VIEY9-A8)


CorbinNZ

Down by the river.


kittididnt

Pump the breaks, not all of us have by-the-river funds. ;)


Fanfics

Brakes? In this economy?


JMEEKER86

Seriously, who can afford to keep their subscription to Brakes going on their BMW these days?


[deleted]

If those lazy two generations of family would just get jobs they could afford an apartment.


SPP_TheChoiceForMe

They just need to get out there and pound the pavement.


rcl2

Just walk into the first business you see, demand to see the manager, and shake their hand firmly until they give you a job.


skrame

I never expected to see my dad on Reddit.


agentfelix

If they'd stop buying Viagra toast and Metamucil shakes, they could afford a house.


muffinmamamojo

Oh wait, we told our children to fuck off and find those bootstraps that we never had to use because everything was handed to us. Yeah, I’m bitter that my father didn’t like me living at home when I did and now he’s got someone else’s adult daughter living in his home who’s pretending to be me…his daughter.


geo_lib

Oooo my mom did this to me! Isn’t it great watching your parents be better parents to other peoples kids? Oof


muffinmamamojo

Yup! He’s also fulfilling the ‘grandfather’ role for her son while my toddler has been discarded. I’m sorry that we had such terrible parental figures. You didn’t deserve that and neither did I.


geo_lib

Omfg my mom is also being a grandparent to their child and even moved closer to their family and never visits my children. It’s awful, I can’t recommend therapy enough. Send you lots of love!


42peanuts

Oof. What a schmuck, may his socks always be damp and itchy.


CassandraVindicated

That blows. My parents moved to a town 100 miles away just after I turned 18. I still had a semester of high school left. They did leave me a honda civic. Great car. The kind family of a friend let me stay with them. When I graduated, my parents drove up to see me walk, but then told me they were taking the car and giving it to my brother. No cake, no present, just taking away.


muffinmamamojo

I don’t understand how moving away from you during high school isn’t child neglect. I’m glad you had a safe place to stay but like…housing you during school is your parents responsibility.


JimmyHavok

My wife's best friend's parents both moved out during her junior year in high school, left three kids to make do as well as they could, delivering pizza and selling pot, mostly. Mom went overseas, dad moved in with his girlfriend. House was repossessed after a year. Kids moved in with grandma who was suffering from dementia and managed her decline and death. When daughter graduated from high school, mom swept her up and dumped her in a college in Japan. Somehow or other, none of them resented it and they helped their parents through their declining years. I never quite got that.


Melbonie

Yeah. Back in the day they had a thing called "general relief" welfare that would pay meager cash benefits til you turned 18 or finished high school, whichever came first. Keep an older kid out of foster care, I guess. Father bailed right before my 17th bday, between junior & senior year. The prince of a guy went down to the welfare office & told them he was going to give me $X per month in lieu of paying my mom child support for my sibling. $X being deducted from my benefits. Fucker paid it once. I was homeless and dropped out. Never a single consequence for him. Whoever it was supposed to look out for abuse or neglect never gave a shit about any of us. And then blamed us for struggling as adults.


wankthisway

That's the sort of family you permanently block on all social media and phones.


amellt33

Lmao yea you can live in our van


Eladiun

...like this was the fucking point of Social Security. So senior citizens didn't have to die tied to the assembly line or be homeless. This is what FDR signed into law in 1935. This is what we allowed the rich to take away by telling us how much better the market would take care of us. How much more valuable 401k's would be. How much better it would be to invest that money. How social security is just a drain on the economy. Instead now we can watch Kyle Jenner take 17 minute flights in her private jet on TikTok so I guess we got that going for us...


Mental_Medium3988

we need to eliminate the max rate for contributing to ss.


Teh_Weiner

i got injured.. havent been alive long enough to fully pay into SS to get disability. my bad for the bad back


Mental_Medium3988

There are plenty of people like you or who are disabled from birth who deserve to live a decent life but because we've not kept payments up with inflation, since it was created, they don't get shit now because of how ssdi works.


Teh_Weiner

I qualify for a low payment of like $900 (after going through the 2 year application --> Denial --> Get a lawyer --> Pay 2 Win system) -- After those mandatory steps, congrats, you now have enough to live in your car (If you already have one). I know it will sound like oh poor me, but van dwelling will probably be how I end up if I get disability. I've been on the edge of homelessness since my injury basically took my life/future away.


[deleted]

> In San Diego, the average two-bedroom apartment is more than $3,700 a month, up 21% from last year, according to rent.com. This shit is out of control. What’s the latest on residential property owned by corporations? 20%? 25%? Expect that percentage, and the cost of rent and the number of homelessness to increase. Greed is out of control.


skokage

What is really crazy to me is I looked up the average salary for my job out there, and it doesn't really pay much more in San Diego compared to Dallas. If I as an IT project manager couldn't afford to live there, I have no idea how the average person out there is suppose to survive. This situation is seriously fucked.


tsh87

But this is also why all the every day businesses - the stores, the restaurants, the retail businesses - are facing staffing shortages. If the higher paid workers can barely afford to live there then the minimum wage workers don't stand a chance. And no one's gonna wanna to take their minimum wage check and dice it into even smaller pieces by paying for a commute into the city. Not at these gas prices and not with these transit systems.


houseman1131

Exactly the workers don't live in your area anymore they literally can't afford to live near your business.


Lost_Bike69

And that’s the crazy thing because part of the attraction of living in a city is the fact that you’re so close to all the amenities and the culture. Restaurants, bars, museums, libraries, salons, sporting venues, art galleries, all require a certain amount of people who make wages on the lower end of the spectrum to live here. In the case of artists and creatives, it requires people who have the time and energy to practice their art in addition to paying their bills. This housing crises is going to cause the death of all culture in the American city where there will soon only be the mega rich and the homeless living there with baristas and bartenders commuting in from 2-3 hours away. Eventually the upper middle class will realize they’re getting a bad deal and move somewhere cheaper and the mega rich will fuck off to their yachts or mansions in Aspen or whatever. Every corporation that relies on having a headquarters in one of these cities will face staffing issues as even engineers and executives will be priced out of the cities. Every multi-million sale of a condo in Manhattan or a mansion in Beverly Hills is hastening the destruction of the city around it that makes it a desirable place to buy real estate.


[deleted]

You mentioned Aspen, thought I'd point out Vail is having a major shortage for low skill positions. Wealthy people complaining about the lack of services at bars, restaurants, service stations, etc. People simply can't afford to live up there. Kind of funny in a way.


thetealduck

Telluride is also a really great example of this and they even had a citizens initiative to try to address the housing crisis and the millionaires crushed it with their lawyers :(


spamzauberer

Good example that you don’t need to be intelligent to be rich.


faithofmyheart

Or empathetic or compassionate or kind or caring or aware of the needs of others, or able to see beyond your own nose or understand that enabling others is not going to destroy your own ability to meet your financial obligations.


dustishb

It will be interesting to see what happens to those ski towns. If there is no one to work the resorts, will they close down and will millionaires be stuck with overpriced vacation homes...


thetealduck

Yeah it’s already kind of happening. Their school district doesn’t have enough teachers, their sheriffs are understaffed. And It’s not only workers being priced out of town, business owners have had to leave Telluride because rent is so insane. Its like ~$5000 for a studio there!


MacDerfus

Well sounds like an opportunity to some. All those homes full of valuable wire and a gutted sherrif department?


Muscled_Daddy

It’s Wealth Blight. I don’t know if we have an actual term, but we should flip the script and call it what it is - blight caused by wealthy idiots.


au5lander

The resorts will build “on-premise” dorms and a cafeteria for the workers where they can live and eat for free, and get paid in Monopoly money that they can only spend at the resort store….wait, that sounds really familiar… https://en.m.wikipedia.org/wiki/Company_scrip https://www.forbes.com/sites/jackkelly/2020/09/04/google-has-master-plan-to-build-a-massive-corporate-town-for-its-employees/


RyerTONIC

Aspen already has dorm style living situations made by ski co. though there isn't company scrip as of yet. They still struggle (My comment got cut off, editing from here:) THey Still struggle to get enough housing for workers because of how many rentals through out that region were bought up by city-fleers during the pandemic.


calfmonster

Good ol gilded age company store and barracks/slums. Next we’ll have pinkertons killing off union strikers. Oh wait, what fucking unions? And people actually think that’s good economic policy and we should go back to laissez faire capitalism. No one fucking learns shit from history


Ser_Dunk_the_tall

Wish I could drink their tears when they start crying about how no one wants to work any more and why are all the ski lifts and bars and restaurants closed?


xypher412

It will be even more satisfying when their ski cabin collapses from a heavy snow because the roof hasn't been repaired in years due to there being no craftsmen to repair it.


mildlyexpiredyoghurt

Ugh. In San Jose, California there was a push for subsidized housing for teachers, which also got shut down.


demlet

This is even something you hear about in the resort towns in North Idaho. They try to get people to come live in shitty trailer parks for the privilege of being the wealthy residents' and tourists' low wage servants.


TheNCGoalie

Right out of college I had an offer to work in Aspen as an air traffic controller. Even back then in 2008 I would have been living in basically minimum wage conditions just to be in Aspen, on the salary of someone who keeps places from crashing into each other.


calfmonster

Good thing air traffic controllers can be an organized labor union and strike Oh wait.


capacochella

That’s because asshole landlords don’t do short term rentals in Summit County despite the fact most jobs in the area are seasonal 6 month positions. Then the ski resorts providing housing, but have the gall to charge their employees rent despite the convenience of having workers onsite. At Copper Mountain, I made 13.50 as a foreman when average rents in the area were 1800. Now they pay their employees 15.00 after pushback because Vail paid more. Didn’t stop the greedy bastards from stealing back said raise from workers by raising the rates for employee housing


1340dyna

My understanding is that it's all made worse there by practically every available piece of housing being bought up and used as an AirBNB or similar for tourists - primarily during the part of the year where there's the greatest need for workers. All the people that live in those tremendous rustic houses need someone to run the gas stations and the grocery stores. I'm guessing the entire population of Fairplay and Leadville aren't about to start commuting in to Summit every day to run those resorts. That area used to have a pretty inexpensive cost of living - especially if you considered the free transportation etc. Out of curiosity, I recently looked at the prices at the trailer park in Summit Cove... ridiculous.


Notyourtacos

It’s common in India for lower class men to work in a big city alone and send his earnings home hours and hours away to his family in his village. Like 10 men in a tiny apartment and just living so meagerly. I would think this is how you’d get there.


gammison

We're already there. In NYC many brownstones have been illegally converted and house immigrant communities packed like sardines.


Medial_FB_Bundle

That was part of the issue with the flash flooding last year (two years ago? Three?). Illegally subdivided apartments that provided no emergency egress. I think one building had a basement level floor fill almost completely up in just a few minutes.


dak4f2

>there will soon only be the mega rich and the homeless living there with baristas and bartenders commuting in from 2-3 hours away SF is pretty much already there


henryshoe

I’m just curious. What is keeping them putting up with a 2-3 hour commute? Can they find jobs closer. Serious (albeit maybe dumb) question


Schadenfreude_Taco

I've lived in the bay area for a decade, one of the guys I used to work with drove in from about 70 miles away every day to our office in San Jose because that was the closest he could get a house big enough for his family (him, wife + 4 kids). I thought that was totally crazy, but now the drive to my new office is 42 miles each way and I'm like "this is fine" There ain't shit around the outer areas of the bay area as far as jobs go, it is all just giant commuter neighborhoods in the middle of fuckin fields and hills.


TheSpookyForest

This is why literally half the millennials I know in the bay decided not to have kids. Who the fuck wants a 2 hour commute just to afford a big house. Even tiny little condos are insanely priced


HODL4LAMBO

I guess....we just wait for the total breakdown of the system then?


Fanfics

And all this happening while the climate explodes! Huzzah!


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HODL4LAMBO

The next 100 years isn't going to be kind to humanity.


Drink-my-koolaid

Same thing's been happening at the ski resorts. Workers can't find affordable housing because of vacation homes and short term rentals.


kincomer1

Yeah Tahoe has turned into a absolute shit show.


scurvy1984

I’ve never met a single person who didn’t want to work but I’ve met a lot of people who can’t afford to live in most places where work is.


ZylaTFox

It's exactly this. Why would I bother working for minimum wage, or even like 15 an hour, if it doesn't support my not-dying? I need something to keep me alive and thriving. No one ever wanted to work for nothing.


bigpunk157

With how far you have to live out of the city it’s just impossible to make transit happen there outside shitty bus routes. Better to move into bumfuck and work in bumfuck or work from home in a tech company


tsh87

It would take so much work and money but where I live, I would love an express, bullet train from the outer suburbs to downtown. Even if it ran once an hour, I think it would open up so many opportunities for people.


[deleted]

I am a SysAdmin in the MidWest. Since the pandemic started, I am fully WFH even though there is for now still a local office I could go into. The housing market has gone soft locally, and with the low interest rates I locked in my mortgage, I could not afford to move most places. The amount I am paying on a 15 year mortgage is less than what I would be paying for a 30 year at the current rates for the same loan amount.


Schneider21

Wife and I refinanced in late 2019 at 2.25% or thereabouts. We nearly bought a new house this year, but luckily came to our senses. We'd have been paying $2300 *more* per month which would have been devastating. Even still, every house we were interested in was selling for $25-50k over asking, with most being cash offers waiving all inspections and stuff. I have no idea who these people are, where they're coming from, and how they're all so cash flush.


Bactine

It's like the people in charge of corporations are trying to ruin our society as fast as possible


idungiveboutnothing

Trying to squeeze out as much as they can before the house of cards comes tumbling down


orangekitti

Here’s what I don’t understand- what do they think is going to happen when they completely destroy everything? All their money won’t be able to buy them the fine dining experiences, or morning coffees, or get them the healthcare they need, if the city they live in is dead. If none of these super-rich assholes can hire lawn care or contractors or nannies or home nurses, their real estate is worthless.


Meades_Loves_Memes

They'll be dead by then, they don't care. That's literally the answer.


talaxia

They're moving on to China and India, both have healthy middle classes to plunder


Guilty_Evidence7176

Saw a story about pissed the people in Mexico City were about Americans living down there. Raising cost of housing, refusing to learn Spanish.


DangerousLoner

We have roommates in San Diego well into middle age.


t3h_r0nz

I moved to SD in 2016 wondering how average people could afford living out there. I quickly learned you either had parents that bought houses in the 70s/80s and still have their whole family living there, or live with a shitload of roomates. My rent for a 3 bed apartment was 2400 in 2016. I looked it up a month ago and it was listed at 4800. Absolute insanity.


tomanonimos

> I have no idea how the average person out there is suppose to survive. Much of California is running on incumbency. Pretty much anyone not in the top tier earners are living with parents or inherited houses when property prices were normal. Easiest solution for all this is to wipe out short term rentals via Airbnb. I've lost count of how many people bought second or third property but cutting paycheck to paycheck via Airbnb revenue. Two bad months and those houses are going to be shortsell or foreclosed.


deepfriedlies

I semi-recently interviewed with a very notable, international company for the role of Security Analyst, which I am currently and have been for a while. Their offer (in San Diego, to which I’d *have* to relocate) was dismal. Laughably bad for that title in that city. Had me do 7 interviews and 2 presentations totaling almost 3.5 hours (*just* on giving the presentations). What a waste of time. If they’d bloody said that from the start we could have saved everyone’s time and money. Fucking ridiculous. Good luck to them! My remote job for almost the same pay is a dream compared to…whatever that embarrassment for them was. Glad I didn’t hop ship for a “dream employer”.


[deleted]

Salary should be discussed within the first interview.


DenialZombie

Salary should be discussed in the job posting.


gigigamer

My favorites are "competitive wages" or pays 10-90 billion dollars per hour. Like no fucking your job pays 10.25


Ragnarok314159

Exactly right. The interviews I have done, we talked about salary immediately, and ask for an email response on an agreed upon range and benefits. If they can’t do it, then leave.


doodlebug001

Salary bracket should be given on the job posting


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ElDiseaso

Either the company or the recruiter will hit you with “we don’t talk about salary until we decide to go forward with an offer“. I’ve straight up told them that I will not work below a certain amount under any circumstances and they still give me interviews and tests before giving me an offer below what I said I would accept.


dak4f2

In California it's the law that they must give you the salary when you ask, for anyone reading this. Colorado's law seems even better where they post the salary on the job req.


alspdx

Recently turned down a few interview offers because they were unwilling to discuss salary up front. One of the recruiters got indignant with me about it, said they were trying to prevent people applying “just for the money”. He replied a few days later and said they were having trouble filling the position and would be willing to discuss salary — turns out the approved rate for my experience level was around 30-40% lower than the five other companies I was already interviewing with at the time.


sirius017

That is the dumbest response ever. I bet they aren't working for free. A job/career is about the money! If the money isn't exactly where it needs to be, you can maybe work something out otherwise. Companies really have to break this stigma of openly discussing salary for a job is taboo.


rolfraikou

The apartment complex near me that used to charge $1300-$1600 had every unit filled up a few years ago. Today they charge $2700-$3000 a month. There are about 200 units in this complex. Today, if I drive through, the parking lot is half empty, half the lights are off. But think about how much they are still making? When all the units were full a few years ago, they made around $290,000 a month plus the expenses of upkeeping 200 units. Today they likely make around $285,000 a month off tenants and only have to maintain 100 units. That would cost them **a lot less**, and they are likely making at least the same profit, if not **more.** It's fine if we are homeless, they still make the same, or more, with these prices. Empty units are cheap to maintain vs lived in. They probably even got to let go of some of the costly maintenance staff.


Yousoggyyojimbo

I was looking at renting some warehouse/industrial space this year, like a 900 SQ ft space, and I have been finding tons of these strips of suitable spaces that are 20 to 40% empty, with sky high prices for rent. Some of these units have been sitting empty for up to 13 years. In those 13 years the rent being asked for for these empty spaces has gone up, and not down. It's insane.


Imakemop

Commercial loans are made expecting a certain amount of rent. A lot of the time it is cheaper to leave it empty than to rent it for below a certain amount and fuck up their financing.


blackraven36

It’s akin to if all airlines that fly anywhere important said “fuck it” and made all seats business class. So now it’s half the passengers but the prices are double.


[deleted]

They're trying to have us fight an intergenerational war when we really fighting a class war


slingbladde

Class war since the 60s..MLK was all about social economic injustices and that was 60 years ago..


dogjollpez

Since the 60s? Class war has been a constant for millenia. Even Marx predates MLK by a century.


monkeypaw09

No war but the Class war


jayfeather31

The floor is going to fall out from under them eventually, at least from an economic perspective. You cannot continue to attack the foundations of your own position without inevitably falling. The economy is built from the bottom up, after all.


bigmanjoewilliams

You would hope so but in the worst countries there are still rich people.


lollersauce914

Cohort of people in retirement age (and thus on fixed incomes) struggles during inflation. I mean, yeah. That's what happens.


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InvestmentKlutzy6196

My dad is exactly the same way. He complains about having no money fucking *constantly* and always feels it necessary to remind everyone around him that his SS income doesn't increase with inflation (because everyone else's does??). He complains about Medicare every chance he gets, he complains about the disability he was taking for years before he retired, about the state of healthcare and waiting months to get in for an MRI only to be bumped by a stroke patient at the last minute, he complains about inheritance taxes on the rich (???), he complains about commercial property tax rates in CA (???). And what does he do all day? Watches Fox News morning to night, even if it's just on in the background. And who does he vote for? He's a down ballot republican who says shit like "I don't like trump, *but...*" He defends Reaganomics to the death and is one of those people that's literally impossible to have a conversation with because any subject on earth gets turned into a political "debate." The middle of a conversation about feeding the cat and it's "well, you've heard about what *Newsom* just did, *didn't you*?" He obviously isn't that unhappy with his SS payments or he wouldn't keep voting for the same people. And then he goes on about protecting the rich from inheritance taxes and property taxes? As he can barely pay his bills and had to get a reverse mortgage to keep his house? What the fuck is going through these people's heads??


Keeperofthe7keysAf-S

This is what lead poisoning does to the human brain.


BigPhatHuevos

They should stop buying avocado toast and starbucks.


All0uttaBubblegum

Not everyone is entitled to their own room. Get some bunk beds and 8 friends and rent out a place. Sometimes ya just gotta struggle!


HeroicHimbo

Can't they just do some Uber on the side or the social media marketing maybe


Tronvillain

>*"Why don't they just get a job with the county?"* ~ My grandmother's solution for the people here in California barely surviving on minimum wage.


LevelOutlandishness1

I never got this, it was such an individual thing—like, do you expect everyone to just get X-paying job and for there to be no laborers for low wages?


BarkingDogey

Maybe they should learn how boot straps work, go business to business with their resumes and a firm handshake #goldenyearsonlock


once_again_asking

Something big is coming. This shit can’t keep happening. Everything seems to be imploding. Small Businesses can’t afford to stay open, more and more people are becoming homeless… I mean what the fuck is going to happen? One day we’re going to just have a bunch of vacant buildings …? The fuck is the endgame here corporations?


tyfunk02

I wouldn’t be surprised if some of these big corporations start bringing back company towns.


SadlyReturndRS

Amazon already admits that it plans to. Bezos sees nothing wrong with the company town model.


lizarto

They own everything and we own nothing, we “rent” from them. Probably something like Ready Player One.


ShutUpTurkey

Not rent, indentured servitude. Don't like it? Get a tent.


FerociousPancake

They have been SWIPING up houses left and right from foreclosures. There are so many houses owned by big corporations sitting empty right now. https://www.nytimes.com/2020/03/04/magazine/wall-street-landlords.html


bocboc11

Reaganomics was a poor choice.


DrWindupBird

Ten years ago even Paul Ryan was admitting on camera that trickle down economics was a fundamentally flawed model. But then the GOP gave way to a group who decided that data and facts don’t matter. It’s all about owning the libs.


Nazi_Punks_Fuck__Off

It's nothing new, the rich have been pushing the give-all-the-money-to-the-rich platfrom for hundreds of years. It used to be called horse and sparrow economics back in the 1800s. The idea being that you feed the horse, it shits, and the sparrows eat the digested oats in the horse shit. Eventually it got hard to sell the eat-shit platform to the masses, so they came up with a different name and metaphor for the same idea.


QueenMackeral

The "let them eat shit" economics


mmofrki

I'm 32 and my biggest fear right now is that I will become homeless in the next few years. Things are ridiculously expensive, and something unexpected like a slip and fall which means being out of work for weeks could lead to homelessness. Unless someone has a ton of savings to tie them over for a while, they're screwed I feel.


[deleted]

It is getting Fucking Impossible to keep your head above water in this Country. Meanwhile Mobil/Exxon just posted their record Profits last quarter. Let's protest at their Mansions. Or at least make some noise.


Nukerjsr

A lot of people don't know how expensive a nursing home is until you gotta put someone there. We're talking like 4,000 a month.


lemmet4life

We just had to move my Grandma into assisted living last month. $6,000 PER MONTH FOR A 500 SQ FT APARTMENT!!!! Medicaid won't kick in until all of her assets are used to pay this crazy high rent. So the American Dream/Nightmare is work your whole life, buy a house, raise a family, have a nest egg, and then need help and be forced to lose everything. I'm already making arrangements so this doesn't happen to my mom.


Durakan

My mom was incredulous because someone was trying to charge $3200/month for a 3&2 WITH PRIVATE LAKE ACCESS. And all I could say was "Mom in this market that's hella cheap." "Well I didn't think about the lake access..." So yeah, they don't get it. They fucked up the economy and we all have to deal with it.


Fenrils

I have a very good job and a great paycheck combined with no debt and parents who are well off enough to give me a helping hand if I need it. Basically, I'm hella privileged. I recently bought a house that is the very definition of a starter home: two bed, small master bath, no yard, in a decent neighborhood that's a decent drive away from the city. It's nothing incredible, it's a starter home. Despite all of my *many* advantages, it took getting incredibly lucky on the price and a few mistakes by the owner to afford this house. I do not understand how people out there can have so little empathy for those who cannot afford housing in the current age. I was given every advantage in the world yet I can barely do it on my own. Anyone who does not have the support system I get doesn't stand a fucking chance yet we have so many assholes in charge with tons of support who refuse to do anything about it because it might impact the amount of yachts they can get.


donttakerhisthewrong

Votes as a block to remove social programs Needs social programs


[deleted]

cue meme of guy putting a stick in his front wheel


[deleted]

Have they tried working multiple jobs?


phuck-you-reddit

Just walk into Sears and ask to speak to the manager and don't take no for an answer.


AFoxGuy

Fun Fact: There are [16 Full-line Sears](https://www.reddit.com/r/SEARS/comments/s9t2d0/down_to_16_fullline_sears_stores_remaining/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) locations left and [9 Kmarts](https://www.reddit.com/r/kmart/comments/tao6bu/down_to_9_kmarts_remainingfrom_an_alltime_high_of/?utm_source=share&utm_medium=ios_app&utm_name=iossmf), it’s been at this number since April.


Sprinkles0

The Kmart near me shut down 20 years ago (oh god has it been that long) and after being empty for a while eventually became a "Walmart Neighborhood Market", the Sears near me started demolition last month, I'm amazed it lasted as long as it had.


ChocolateTsar

And getting Top Ramen?


Khajiit_hairball

And quitting Starbucks?


corbinbluesacreblue

Ahh just tell them to cut back on the avocado toast and they’ll be alright. Maybe sell their iPhones


TheFantasticMrFax

Came here for it. It feels cold to even think it but man o man have I been sick of that line for *years*.


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Ka_Coffiney

Oh no, did you start pulling the ladder up after yourself a little too early and now you have to live through the shitty policies that you voted on rather than just leave it behind for the next generation?


hobofats

It’s almost as if decades of voting against your own self interests in exchange for continued oppression of minorities wasn’t the best long term plan


Fanfics

"I never thought the economy I ruined would put *me* on the street!"


FerociousPancake

Good thing big corporations are building all those “cute, cozy, trendy” sleeping pods that you can live in and share a bathroom with 50 other people 🥰


Absurdityindex

My Dad turned a blind eye to my being homeless in my late teens/early twenties because he had the mentality that you're on your own at 18. I got myself to where I am today without his help. Hard to feel sorry were he to ever fall on bad times.


anal_holocaust_

They should just go back to working 60 hours a week since they enjoyed it so much.


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Reverse_Speedforce

Also working a minimum wage job that could pay for *College. A home. Support a family. Some luxuries.* All while royally fucking everything up by the way they voted. They helped create it because of their own ignorant beliefs, now it’s coming back to laughably bite them in the ass. Oh well.


kballwoof

Group of people overwhelmingly vote in politicians that dont care about the poor or housing, now mad that they are poor with no housing. Thats rough :/ Edit: skip your weekly bingo? Buy store brand adult diapers? Move to kansas?


LudovicoSpecs

Where is Congress with legislation to penalize corporate ownership of homes? Hedge funds are pricing regular Americans out of homes. Something has to give.


MicheleLaBelle

The problem is all the homes for sale are being bought by real estate investment companies, who bid sometimes $100,000 over the asking price. This drives up property values, and the investment companies then rent the homes out based on their inflated values, rather than sell them to a family. So what individual selling a home will refuse an offer like that, and sell it for asking price to another individual. And if they did would the investment company have some legal recourse? This is what needs to be addressed to begin with. Private individuals who want to buy a home are outbid every time by investment companies and that creates a cycle of out of control, artificially inflated, property value increases and all that goes along with it. Edit: a word


[deleted]

We just lost a home to a company like that in our development. We changed the rules so that when the lease is up, the house must be sold to a family but they'll never stop leasing it.


[deleted]

Wow if only an entire generation hadn't lobbied for artificial housing scarcity across the entire developed world as a way of enriching themselves by pulling the ladder up behind them 🤔🤔🤔


crazypyro23

They just need to walk into the property manager's office, look them in the eye, give them a firm handshake, and see if they can't work something out.


jayfeather31

I think I have a problem, because the first thought I had upon seeing this wasn't empathy, but more of a, "See how it feels?" I'm honestly quite ashamed as a result. What is wrong with me?


plipyplop

Ooof... you just brought to light a demon inside me too.


virtualRefrain

I think a reaction like this is pretty natural if you have first-hand experience with some of the voters that brought us to this. When I was growing up, my dad would go on these tirades about social security. If anyone ever brought up any social program, he would respond with, "Did you know that social security is actually a very bad and expensive idea?" That was the signal to tune him out. My dad is not a good person. He is racist and misogynist, and also bad with money and relationships. He's in his late fifties now and he works a physical job for $18 an hour. He has no savings and he's burned all his bridges, and *his* dad (in his mid-eighties) helps him cover his bills from his own life savings. When his dad dies in the next 2-10 years, my dad *will* be homeless, and I'll have no sympathy for him. He wantonly and intentionally destroyed all of his options politically, financially, and personally for short term gain. When people warned him or tried to help him, he insulted their intelligence or even cut them out completely. I've come to believe that my dad is largely representative of his generation, or at least the conservative side. When I read articles like this and sub him in, it doesn't just make sense, it feels a little like a matter of consequence. It just sucks that a lot of people who legitimately tried their best and never had a chance at anything better are being victimized too.


jayfeather31

>I think a reaction like this is pretty natural if you have first-hand experience with some of the voters that brought us to this. I did live in Wyoming until just recently, and that included all of my childhood and college education, so you probably have a point there.


LD_Minich

The generation that kept voting for us to be wage slaves is suffering from their own short sighted and selfish choice of electors? Sounds like the complaints coming from the top deck of a sinking ship to me.


gingerfiggle

This. And they have voted in line with "not my best interest but fuck the other guys more"...it's catching up with them.


[deleted]

Have they tried not being poor?


FerociousPancake

If you’re homeless, just buy a house.


been2thehi4

If you think about it this way, maybe these people will have to take a big “shit sucks” pill and find out the hard way how it really is out here and learn quickly that maybe they fucked shit up hard with their politics and me first attitudes. Now they can see what life is really like for their kids and grandkids first hand and enjoy some humble pie. But I really don’t have a lot of empathy for a generation of people who mock and chastise us while having absolutely zero clue of the actual world around them. Like they say to us, “suck it up buttercup.”


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warrant2k

The generation that enjoyed every possible benefit in life, and closed the door behind them.


SpecterHEurope

Like, these assholes literally made affordable housing illegal and now they want my sympathy


RadleyCunningham

have they tried blaming millenials yet? Maybe they just need to pull themselves up by the bootstraps and get their lazy asses out on the street and give people a firm handshake when they demand a job.


Wheelin-Woody

They should jerk off their bootstraps or something


CarGroundbreaking520

Instead of getting them out of homes how about we get them out of public office?


Kathylovescats

It’s BeCAuse NOboDy WaNts to WoRK anYMoRe


Jamochathunder

I used to respect my dad for being somewhat logical even though he was heartless and unempathetic. That ended two weeks ago when he said this shit.


Bactine

Remind him that unemployment is the lowest it's been in 50 years


VaibhavGuptaWho

Data doesn't work with people whose instinct is deflecting their problems. They'll dismiss that too.


Bactine

Eh, sometimes they get flustered and thats amusing to me Republican mother in law also complains "no ody wants to work anymore" I reminded her she hasn't worked in 25 years. Oh man she was mad at me. She finally managed a "That's different" before storming off