One thing i would like to add is that lack of a stable social security system such as the US via 401ks, it seems to me that the financialization of real estate was of great benefit to the incumbent boomers and placated much of their negative sentiment. The immense protections on real estate and their market value would make affordablity political sucide in metropolitans. We’re ultimately a socialist country with regards to protections of markets and controlled supply of houses and staples. Very well researched and thought out article, your logic flows nicely.
very well done article
Thank you zinnia, much appreciated!
One thing i would like to add is that lack of a stable social security system such as the US via 401ks, it seems to me that the financialization of real estate was of great benefit to the incumbent boomers and placated much of their negative sentiment. The immense protections on real estate and their market value would make affordablity political sucide in metropolitans. We’re ultimately a socialist country with regards to protections of markets and controlled supply of houses and staples. Very well researched and thought out article, your logic flows nicely.
Why don't unemployed people just do Uber or door dash? I think these kids are just lazy.