Oddbean new post about | logout
▲ ▼
stevenyang | 2 months ago (raw) | root | parent | reply | flag 
 Saylor does raise an interesting point though. How would a 20 something year old buy an apartment without a mortgage?
▲ ▼
stacksatsio | 2 months ago (raw) | root | parent | reply | flag +2 
 They wouldn’t.

Historically they didn’t either.

Understand, we’re resetting culture back to what it was. 20-somethings will live with their family until marriage. 

This boomer idea of kicking kids out at 18 can die with those sick cunts. They are cancer and their ideas even moreso.
▲ ▼
Andy Scott | 2 months ago (raw) | root | parent | reply | flag 
 Maybe our kids will grow up more financially educated and save from an earlier age. A truly free market that allows for deflation and saving being rewarded rather than punished leads to second and third order effects that most people haven't considered.
▲ ▼
stevenyang | 2 months ago (raw) | root | parent | reply | flag 
 Damn, never thought about it that way. 🫡