Submitted by Longjumping-Voice452 t3_117flb9 in Futurology
pumpkin20222002 t1_j9cyyq9 wrote
Reply to comment by Lolwat420 in A practical solution to a uniquely modern problem. by Longjumping-Voice452
It's a cycle that isn't sustainable, wages haven't kept up with inflation since the 80s so now it takes 2 people 30yr, 45yr mortgages with little downpayment to get a house, it's not supply and demand it's easy lending and low wages in a system dependent on non stop growth that guarantees inflation and a wealth gap where billionaires accumulate and don't redistribute wealth back into the system.
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