Now you know why the boomers raise the rent to the point where it makes everyone but themselves miserable. They consider it financial success, where normal people consider it ruthless exploitation.
Comment on Gen Z is cooking more and shopping less as they struggle to achieve financial success
oo1@kbin.social 11 months ago
wtf, financial success?
Not sure i know what that is, but it seems a pretty depressing goal to have.
Could be worse though.
tryptaminev@feddit.de 11 months ago
BraveSirZaphod@kbin.social 11 months ago
Better to talk about how they shaped zoning laws and other procedural matters to block the development of new housing for decades and decades.
Sure, the market price of housing is disgustingly high and you can say that it's exploitative to actually charge it, but a much better question is to ask why the market price of housing got so high to begin with, because the answer to that is more complicated than landlords just asking for as much as they can get. They've always done that, so why as has that ceiling price exploded so much in recent decades? That's where you can start to find actual solutions.
the_q@lemmy.world 11 months ago
Um no. It’s still just greed. Greed grows, prices rise. Making shelter a commodity and a means of financial growth and security was the original sin.
BraveSirZaphod@kbin.social 11 months ago
Okay, but did something happen that suddenly made people become more greedy? Are people in West Virginia simply not greedy? Did NYC landlords have a brief change of heart in 2020 when they allowed prices to fall, only to suddenly rediscover greed in 2022?
Again, how did it come to pass that shelter became a commodity? What things changed that resulted in it becoming a productive investment?
Greed isn't a useful explanation because people have always been greedy and always will be.
ProfessorProteus@lemmy.world 11 months ago
Should be “financial security” imo.
The prospect of not even being able to afford a “cheap” roof over my head scares me regularly.