How do we make sure it never happens again that rent climbs to over half of the average person income?
Rent and how to fix it
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probably stop devaluing fiat exponentially against consumer goods
alternatively do not denominate your income in fiat
Nice Zelda sword tho.
These people make $100-250k though. They're just leftist tech worker nutcases.
Plus you know those guys are getting laid.
Of course they have to do it in the shower stall, but still.
>$100k
....
$100k in Mountain View kek
Is the fed the reason housing is more expensive? I mean lowering interest rates must have some kind of effect on housing prices right?
BASED
No.
They're not.
*ahem*
Based
make your own house in the middle of nowhere
And kys
If I was in that situation I'd be getting laid.
Close proximity with lots of young women sex is going to happen.
Want to know how I know you suck at pulling tail?
is this a shelter? if so thats some pretty piss poor space management
Wats that bucket for doeeee
Dish water run off.
This.
>live here for cheap
>be constantly surrounded by young women
Hartford is a hellhole
By having wealthy people who actually pay taxes
Don't wanna pay rent anymore? Buy 1M ARPA and wait until you hit $1,000,000 USD. Sell. That's it.
Interest rate is the major cause. A normie looks at their monthly payment. A normie realtor tells you not to think about price but what you can afford
did anyone save the Auschwitz edit? i fuckin deleted it
Nah. It's the banks loaning evr larger amounts out for houses. They keep giving huge loans to anyone and that drives up the prices.
very low interest rates
banks giving loans they shouldn't on mass
restrictive building regulations block free market solutions
chink millionaires money laundering
job market highly centralized around cities
I think less interest means less people can afford the loans because the required principal is higher or something?
Because otherwise it means that housing should be cheaper...
low interest rates doesn't make housing cheaper, it makes loans cheaper, which means the price gets bidded up much more than could normally happen, which makes housing artificially more expensive.
If people couldn't get any loans for housing it would go back to the historical equilibrium of 2-3x annual income.
>How do we make sure it never happens again that rent climbs
stop moving to popular cities you fucking retards
>How do we make sure it never happens again that rent climbs to over half of the lowest working person;s income?
imagine the smell