Oddbean new post about login | logout I wish I had them sooner. I met my wife at 21 and we started saving while both living at home to buy a flat together, which took 6 years because of how expensive London is. Got married then wanted to move to a house but lockdown happen so delayed us further and didn't have our son until I was 33. The Fiat system makes people wait longer because they need a place to raise a family. #bitcoin fixes this.
Housing will continue to be expensive in a rapidly-growing, highly-concentrated population, I'm afraid.
Yes but it is massively accelerated by broken money. Housing has become the defacto store of value, especially in England, especially in the South East and especially in London. We are a tiny island and currently have over a million people immigrating here every year to prop up the ponzi economy. Most of us that grew up in London have to move so far to get anywhere near the property ladder it totally destroys communities and family bonds.
We're near Munich and it's the same. Feels like the country is a clown car. Just keep stuffing more and more people in.
it's so frustrating, they treat people like fungible economic units that are totally interchangeable. No respect for the native people and their culture
They always say that Germans have no culture and they should definitely not force it on others and they should be ashamed of it. *logic* Like the old joke that being American meant never having an accent.
There's also just the sheer confusion of making me feel like I've hitched my horse to a broken carriage, while they stuff people into the carriage and shout giddy-up! Worst carriage evah. Best would be to burn it and rid the world of it, forever. Okay, everyone get in.
That's all-too-familiar. "Canada has no native culture." Heard that for years.
Same in England, when the reality is most of us can trace our heritage back 1000 years. By contrast the Maori only go back 600 years. Indigenous just means not white at this point.
Ugh. Yeah more or less.
As we go along, it's all becoming even more nonsensical, as an increasing portion of the Euro-indigenous aren't white, or at least, completely white. I'm not sure what their rhetorical Plan B is. Guess that's where "white adjacent" comes in. When in doubt, just make shit up.
Using the pity people have for the immigrants' family bonds to destroy their own is especially sad.
The weirdest thing is when they say "The great thing about the immigrants is their strong family orientation." Yes, you might want to try that, yourself, sometime. 🙃
Yup 💯 I was a technology teacher for refugees for a year, as my first job, and that's exactly what all the other childless teachers would talk about all day.
State pensions and healthcare play a massive role in this as well. People assume there will be young people to look after them when they are old but don't want to do the work of raising those people. If they look at the self reported rates of absue in care homes they would especially wish they had put the work in
The sending countries often suffer from exporting their young people, later. Happened with a lot of Eastern European countries. They don't actually have "excess offspring". They just have a large, young generation and no plan to keep them busy until their parents age.
There's a special kind of self hatred in our nations, it's suicidal
I was 35. Sucks.
Just be happy it worked out. I'm just trying to show others that "pulling it forward" isn't the TERRIBLE HORRIBLE thing that everyone thinks it is, and it has benefits, like simply making sure it gets done. It's such a hard thing to fix, later. I didn't get knocked up and turn into a pumpkin, or something. I'm still here. I'm still breathing. Still have all my limbs.
All those late nights in our 20s were for raising young kids!
Seems to be the case.