Earlier quoted context omitted.
> I would gladly earn $1 million per year and spend 75% of it on rent No, you wouldn’t. As income goes higher, long-distance transportation becomes (a) more comfortable and (b) smaller as a fraction of income. De-camping to Washington State and commuting to San Francisco doesn’t make sense at $200,000; it does at $1 or 2 million.
If I earnt a million a year, I wouldn't be commuting more than 5 minutes to to work. Commuting sucks.
Birth Rates Dropped Most in U.S. Counties Where Home Prices Grew Most
271–280 of 359 posts
Re: Birth Rates Dropped Most in U.S. Counties Where Home Prices Grew Most
#272Earlier quoted context omitted.
This stage of the demographic transition is a huge problem, IMO. The more I think about it, the more it seems like a ratchet (as in, it only moves in one direction): Basically, two incomes are useful, so both people in a relationship pursue careers. Now they have more money to compete on the housing market. This seems like a good move, so others follow suit. At first this is largely a win for people who pursue this r…
Solution: create a surplus of homes. That will detach price from income. Nothing else will work. (Note: we did this with food and it successfully kept prices low)
In case of food, it comes to your nearest super market. So its not just overproduction of food, its also supply chain optimization.
Re: Birth Rates Dropped Most in U.S. Counties Where Home Prices Grew Most
#273Earlier quoted context omitted.
No, the aggregate isn't important: the thought experiment is the same as if everybody earned $251k and spend $1k on rent -- but the percentage of income spend on rent would be radically different. But yes, if everybody suddenly had $250k disposable income, prices would be higher. I think the point GP is trying to make, is that it matters more if you can afford in absolute dollars to have a family on whatever is left…
And my point is that an “everything else being equal” argument about the income and spending of an individual is not particularly useful when discussing demographic issues.
Re: Birth Rates Dropped Most in U.S. Counties Where Home Prices Grew Most
#274Earlier quoted context omitted.
For NYC it can be an easy 30-45 minute train ride where you are free to occupy your time with something productive.
Something productive that can be done in a car or train you mean. Not, say: - Being with your kids, spouse or helping them out to school or work - Housekeeping - Working out - Doing anything that requires undisturbed attention
On the way home she will sometimes watch a movie and finish it at home. Time on the train does not have to be work or a vegetable.
Re: Birth Rates Dropped Most in U.S. Counties Where Home Prices Grew Most
#275Low birth rates also correlate with a tendency to see women and men competing against each other, instead of complementing their roles. Where women acquired male roles, birth rates drop. You can observe this behavior both between and within countries.
This is just sexism. Women should stay in the kitchen in your view I suppose.
Re: Birth Rates Dropped Most in U.S. Counties Where Home Prices Grew Most
#276Earlier quoted context omitted.
Anecdatum, but: My wife and I live in an expensive city. It's pretty fun. Except, we just had a child. She's pretty fun too. In fact, we think we might like another. She makes all the fun stuff in the city irrelevant (not heading to the bars these days), and the bad stuff in the city pretty horrible. * She's inhaling poison every morning I walk her to creche. * If I let her ride a bike on our street she will die. So,…
Fuck the job. Do your one kid a favor and have another kid. Siblings are just about the most useful things you can have in life.
I dont know if I'll have the time to give kids my full attention.
I found my brother was/is the reason I'm a nerd. Sure my dad was a database manager, but I spend hours daily with my brother gaming. I dont even think I wanted to spend a half hour with my 'boring' dad.
Re: Birth Rates Dropped Most in U.S. Counties Where Home Prices Grew Most
#277Earlier quoted context omitted.
Anecdatum, but: My wife and I live in an expensive city. It's pretty fun. Except, we just had a child. She's pretty fun too. In fact, we think we might like another. She makes all the fun stuff in the city irrelevant (not heading to the bars these days), and the bad stuff in the city pretty horrible. * She's inhaling poison every morning I walk her to creche. * If I let her ride a bike on our street she will die. So,…
Fuck the job. Do your one kid a favor and have another kid. Siblings are just about the most useful things you can have in life.
Re: Birth Rates Dropped Most in U.S. Counties Where Home Prices Grew Most
#278There's correlation here, but likely not causation. The real underlying cause in the drop in birth rates is an increase in working hours, an increase in commuting times, an increase in college tuition and health care costs, and also an increase in divorce rates. These days, even getting married is an expensive financial arrangement. Having kids is just another layer on that. Housing prices have increased because of c…
Re: Birth Rates Dropped Most in U.S. Counties Where Home Prices Grew Most
#279Earlier quoted context omitted.
This stage of the demographic transition is a huge problem, IMO. The more I think about it, the more it seems like a ratchet (as in, it only moves in one direction): Basically, two incomes are useful, so both people in a relationship pursue careers. Now they have more money to compete on the housing market. This seems like a good move, so others follow suit. At first this is largely a win for people who pursue this r…
Yes, we seem to have gone from women not having the choice to work to women not having the choice to not work.
There are 500$/mo rents everywhere and food costs are the lowest in history.
If you dont care to keep up with the Joneses and have minimum wage people cook you food, you can easily live off 1 low-income salary.
Re: Birth Rates Dropped Most in U.S. Counties Where Home Prices Grew Most
#280Earlier quoted context omitted.
Yes, we seem to have gone from women not having the choice to work to women not having the choice to not work.
This is false. There are 500$/mo rents everywhere and food costs are the lowest in history. If you dont care to keep up with the Joneses and have minimum wage people cook you food, you can easily live off 1 low-income salary.