The elderly are becoming homeless at a rate not seen since the Great Depression

Post by adasdasdas » Mon, Sep 25, 2023, 4:50 PM UTC

escapedmoose wrote: post #192

jongjong wrote: post #16

Part of the problem is government regulation. In some places, it's almost impossible to build new houses due to regulations. Some portion of the population wants to see house prices continue to increase and they will vote for politicians who will implement policies which will support that agenda. Of course this happens at the expense of another, also large portion of the population who do not own a house and have to…

Among my friends seeking to buy houses, the greater problem is the ability of large companies to buy up whatever is on the market, which they then immediately turn into a rental. It’s nearly impossible to compete with a company who will pay $50k over asking price, in cash, for the house you’re trying to get. Comparatively, immigrants don’t have the purchasing power to compete, so saying they’re the problem is a weird…

Post by ta1243 » Mon, Sep 25, 2023, 4:52 PM UTC

rg111 wrote: post #645

blairbeckwith wrote: post #620

Earlier quoted context omitted.

I think when most people use "safe" in this context, they mean "comfortable" or "psychologically comfortable". Nobody enjoys sitting beside someone tweaking and shitting themselves, even if it's perfectly safe.

Exactly. I don't ever mind public transport. I have used public transport in multiple areas of the planet. There are two quips: 1. You have to be there in someone else's time. You can't have 5 or 10 or 30 minutes if something comes up. 2. What you say. I don't want to rub my body with people who are wearing dirty clothes, smell, and has god-knows-what liquid on their clothes who might choose to cough without using th…

Post by msm_ » Mon, Sep 25, 2023, 4:54 PM UTC

DontchaKnowit wrote: post #459

mgolawala wrote: post #362

Earlier quoted context omitted.

Thank you for pointing this out. Houses can be cheap, or they can be a good investment. Not both. I think I read that here on hacker news a few years ago, and it has stuck with me.

I don't think this is true. The investment value of a house is not its appreciation, but rather its ability to generate income in the form of rent.

Post by th3byrdm4n » Mon, Sep 25, 2023, 4:58 PM UTC

Post by kjkjadksj » Mon, Sep 25, 2023, 4:58 PM UTC

c_crank wrote: post #346

unethical_ban wrote: post #339

Earlier quoted context omitted.

Their parents, society, etc. I won't convince you because you've got your anecdotes. Though I'd say if a public school counselor, parents and teachers all tell a 17 year old it's "college or bust", it's laughable to argue "ah, those teenagers should have been rational, informed consumers of professional training and eschewed the advice of every trusted adult in their life".

It does not take professional training to see the price tag of a student loan and to question if one can reasonably pay it off in the future. Certainly, someone equipped with the skills needed to be accepted into a college that costs so much should be able to do the math required on that calculation.