Quote from: K-Dog on Mar 17, 2024, 10:48 AM

QuoteThe typical salary required nationwide for home ownership up to $106,500 — a stunning 61% increase from the $59,000 required just four years ago, according to Zillow.

That from your article.  But people won't scream for the American Dream or make a scene before poverty makes them lean and mean.  By then it will be too late.  If it isn't already!

Everybody in America seems fine with a rentier economy. Most people think they will have a chance to do a little exploiting on there own before the tent comes down on this circus.

$106,500 a year is $51 an hour.  Twice the average American wage.

And you have some idiots making less than 60K a year thinking that raising the minimum wage will hurt their families.

I'm not sure exactly where it is in the FSoA that you can afford to buy a McMansion making $105K/year.  Certainly not in NY, Austin, Los Angeles or Seattle.  Anywhere McMansions come cheap enough to buy on that salary like maybe Springfield, MO or Macon, GA,  95% of the population is making minimum wage of like $15/hour.

I'm no fan of property ownership of course.  I'm fine with people owning a house, just not the land it's parked on.  Land is commons, it belongs to all the creatures who live on it.  You can use it for a while, but as soon as you take it out of the commons you create a class of Haves and another of Have Nots.  If you recall, in the FSoA when it was founded, you had to be a Property Owner to have a vote.  Which meant of course that Natives couldn't vote, because they just had reservations to live on commonly.  Once a person owns land, they can bequeath it to their heirs, creating a class of Royalty, as opposed to "Commoners" who don't own land.  What happens when all the land is bought up, and none left in a given location to buy?  Supply and demand kicks in, and the price keeps spiraling upward, always leaving the class of Have Nots.

Now, it's a different story if you have a domicile of your own you can move around as needed, and additional places to drop it can be added by building upward scaffolding and stacking them up.  That way, people can own their home, and the state provides the scaffolding wherever more people need to live, to be close to their jobs.  The houses would be affordable, and you could buy and sell them on ebay.









RE