OT Unregulated capitalism killing the American Dream

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e_blazer said:
Nobody’s holding you hostage. That said, you sound like the people who said the same thing when they saw Henry Ford’s first cars roll off the assembly line. These folks are just at the beginning of what they want to do. They have plans to develop large, multi-modual homes. I think it’s pretty cool. The way we build homes today is the dark ages.
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You sound like the people who never had an issue dealing with extremely overpriced housing.
 
MickZagger said:
You sound like the people who never had an issue dealing with extremely overpriced housing.
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Honestly, 300,000 acres ain’t shit in the grand scheme of things.

I remember about 20 years ago my uncles friend had nearly 100,000 acres of property outside of East St Louis that he hunted on and fished on the multiple lakes
 
MickZagger said:
You sound like the people who never had an issue dealing with extremely overpriced housing.
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(Checks pulse—yup still alive) Let’s just say the current housing price run up isn’t doing much to help my retirement plans.

Edit: Housing prices aren’t the only way to make home ownership tough. I also lived through the sky-high interest rates of the late 1970’s and early 80’s. Home interest rates hit 19% during those years (right when my family was growing and we needed a bigger place). Yeah, we were only looking to finance $80,000 or so, but 19% interest on that figures to be about $1,300 a month. Add another $200 or so for property taxes and that’s more than I was making a month then.
 
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I have a full time job that pays well over minimum wage and I still have to live in an apartment with a roommate.

It's ludicrous. Minimum wage was made so people can live off of it. I'm making well over that and it's hard to even save.

Couple that with illnesses and all...

Let's just say if this doesn't get under control the houseless problem now will look small comparatively.
 
MickZagger said:
Honestly, 300,000 acres ain’t shit in the grand scheme of things.

I remember about 20 years ago my uncles friend had nearly 100,000 acres of property outside of East St Louis that he hunted on and fished on the multiple lakes
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I've seen East St. Louis and you don't want to live there. They will confiscate your all wheel drive vehicle for driving in the winter snow there.
 
Strenuus said:
I have a full time job that pays well over minimum wage and I still have to live in an apartment with a roommate.

It's ludicrous. Minimum wage was made so people can live off of it. I'm making well over that and it's hard to even save.

Couple that with illnesses and all...

Let's just say if this doesn't get under control the houseless problem now will look small comparatively.
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Is your roommate a man? God Damn it, I knew it about you.
You know what, you'll never see my lovely ass.
 
Cost of housing in Oregon as a percentage of income is one of the highest in the nation.
 
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Rent Skyrockets As Private Equity Giants Move In.

 
Road Ratt said:
California leads America in homeless, by far. Unregulated capitalism at it's finest.

https://www.usich.gov/tools-for-action/map/#fn[]=1200&fn[]=2600&fn[]=6400&fn[]=10200&fn[]=13400
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Total homeless (the default) is a horrible way to view this. What you need is homeless to population ratios for each state.

Basically, Coastal states with better weather and entertainment have more homeless.

https://www.statista.com/statistics/727847/homelessness-rate-in-the-us-by-state/
 
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Phatguysrule said:
Total homeless (the default) is a horrible way to view this. What you need is homeless to population ratios for each state.

Basically, Coastal states with better weather and entertainment have more homeless.

https://www.statista.com/statistics/727847/homelessness-rate-in-the-us-by-state/
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I can't read anything on that site. Big ad asking for money I can't find a way to close.

I do think the total shows all we really need to know. California is screwing over it's workers. But that is the case all over America nowadays.
 
California is generally considered one of the most, if not the most, worker-friendly state.

barfo
 
Road Ratt said:
I can't read anything on that site. Big ad asking for money I can't find a way to close.

I do think the total shows all we really need to know. California is screwing over it's workers. But that is the case all over America nowadays.
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No, it doesn't show a thing. California has twice the population of some of our largest states such as New York and Florida and 1/3 more than Texas. You've got to go on a per capita basis such as all such data is based. Some? No, all.
 
Lanny said:
Not true, I'm a boomer and it wasn't easy dealing with the war and perhaps even more difficult with the aftermath. Then, I had to figure out how to pay for my education. Of course I got the GI Bill which lavished me with $110/month. My parents gave me $50/month. Talk about rolling in clover.
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Same age bracket Brother. I physically worked for what I earned. Making $50 a week in 1970 was the start of a financial dream. Of course, gas was 31 cents per gallon. Credit cards were not used like the pay and forget culture of today. Today's generation expects more for the least they do..
 
Is Capitalism Actually Efficient?



Edit: Amazon destroys millions of brand new unused products. This is freaking insane.
 
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stampedehero said:
Same age bracket Brother. I physically worked for what I earned. Making $50 a week in 1970 was the start of a financial dream. Of course, gas was 31 cents per gallon. Credit cards were not used like the pay and forget culture of today. Today's generation expects more for the least they do..
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I think today’s culture wants a fair shot.
 
MickZagger said:
I think today’s culture wants a fair shot.
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I'm with you. As an example of todays generation, my ex daughter in laws brother went to college under a baseball scholarship, quit, had a few meaningless jobs and lives at home with his parents. He has no motivation to work and he depends on mom and dad for his meals and shelter. He is an example of what I mentioned. I'm sure you had heard of these bums and I hope your vision of today's generation is the true point of the over achievers.
 
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