> Well all those things got better but what about this other thing?
This is peak "let them eat cake". A person needs to live out of their car because they can't afford rent, but hey. They can buy a flat screen TV for $200 now!
Things are inverted, and not for the better. You can make all electronics 10x more expensive if it measn we can reasonably expect rent to be 30% of average income again. That means you can actualyl save up for luxuries. Or invest and live frugally. As it is now, it's the worst of both worlds.
>Boomers aren't immortal. Eventually they will die and whatever housing constraint there is will turn to surplus.
Sadly, no. The "great wealth transfer" is not going down to the next generation.
They are either selling it off and living it up, or Healtchare is going to eat into it. Either way, don't expect the boomers dying off to magically reset the economy.
Nonsense. It's these 5 things got way better and the one thing that maybe got worse is going to get better later because it's a cyclical market.
This is what I mean by unrelentingly negative. The world is way better by almost every measure than when I was a kid and the discourse focuses on the few ways it's not.
This is peak "let them eat cake". A person needs to live out of their car because they can't afford rent, but hey. They can buy a flat screen TV for $200 now!
Things are inverted, and not for the better. You can make all electronics 10x more expensive if it measn we can reasonably expect rent to be 30% of average income again. That means you can actualyl save up for luxuries. Or invest and live frugally. As it is now, it's the worst of both worlds.
>Boomers aren't immortal. Eventually they will die and whatever housing constraint there is will turn to surplus.
Sadly, no. The "great wealth transfer" is not going down to the next generation.
https://www.forbes.com/sites/josephcoughlin/2025/06/02/the-g...
They are either selling it off and living it up, or Healtchare is going to eat into it. Either way, don't expect the boomers dying off to magically reset the economy.