Congrats, you are now competing with the government for apartments because they have to house all those "refugees", and the government can pay any price.
Who would have thought that importing a bunch of people who want your job and need housing would raise the demand for housing, and lower the demand for your work?
Middle class leftoids who were thinking immigrants would only steal the "redneck" jobs.
Joke's on them, now the immigrants are doing their jobs too since the corporations don't care at all about competence, they just play competitive woke box ticking against each other.
It is getting worse but y'all live in shithole states/countries and expect it to be different. This is what you get when you live in some faggot leftoid held state/country.
All I'm seeing in here is Commiefornians and Eurofags mad that the people they allowed to be voted in created shitty living conditions for them.
This. They are at war with us and are intent on our destruction. They will not leave you alone, ever. Secession should only ever be the first step towards consolidation and counterattack, never a goal in and of itself.
The first answer I have for most of these people I hear going on and on about rent is to move. It's even easier for this chick or dude or whatever, they are a lawyer that's not exactly a service that has no value elsewhere. There are loads and loads of places that aren't $3,600 a month in the country.
The 3 bedroom house I own rents out for $1,350 a month. Yeah it's not the most exotic location and it's in the most boring flyover of flyover country, but it's only 5 years old and while I don't personally manage it I've never skimped my property manager on maintenance money. I also still make money on it.
That's the other answer I have. Landlords are not a charity for you. Buy your own damn property.
The point you're missing is that this isn't happening just in the big cities, it's spreading elsewhere and it's deliberately engineered. I know for a fact that anybody who makes this claim hasn't done proper research on the housing market and likely hasn't looked at housing prices in the past 10 years if that and done any comparisons. It's actually kind of amazing how bad the takes are on this site lately with this kind of thing because even on Gab the boomers are starting to get it and I respect them for that.
As an example, in my country you could go to the most shithole areas and any kind of finished house you'd want to live in is going to cost £100,000 at a minimum. The others are all on auction so you'll be in a bidding war against investors who have several times the amount than you. The only places that are remotely affordable will be literal ghost towns and that also means you'd have to invest in extra money on top of even buying the house to get the infrastructure even functional and organise a deal with the local utility companies.
This is of course also assuming you even have the luxury of living where you want. Many people are going to be stuck where they are depending on their employment which is another point she was trying to make that you completely ignored. You don't want to know the sort of maths I'm looking at if I decided to rent out my own property just now which I looked up out of curiosity, you'll throw up.
Edit: Honestly the rent you're charging for a house kind of illustrates the point, $1,350 is pretty ridiculous though I suppose you can somewhat justify it if they're getting full use of the house for a month. Plenty of landlords now are renting per room and squeezing as many people in as they can thanks to mass migration. It really isn't just out of touch morons trying to live in San Francisco, even people who are being sensible and reasonable are struggling to find anywhere. I got fucking lucky with my property even by market standards because the real estate agent fucked up selling the house.
Americans have only just begun to get a whiff of the housing shock that has gripped Canada and the UK (among others) for years thanks to malicious governance and mass immigration. I actually don't think it will get that bad here except in a few blue states, but we've got our own worsening supply/construction problems too.
this isn't happening just in the big cities, it's spreading elsewhere
Yup. I was looking at apartments where I live in rural California, and 1 bedroom appts are going for $2100. Again this is in a rural area, hours from any big city.
Is the housing market screwed up, yeah sure. It's bonkers. My house would list for twice what I paid for it just 6 years ago.
Still though, I'm quite familiar with the housing market and am well aware of housing prices. Have I bought anything with the current rates? No. I probably will in a couple years though and I can still make money on it.
I'll give a real example I just picked this house right out of the most middle of the country. I've never lived in the area but I know that area a bit and it's pretty decent.
25mins from the OKC CBD where any working professional can get paid enough to afford it. Here's a house for sale, $281k, 1935 sq ft with 3 bedrooms. Doesn't appear old and falling apart.
https://www.zillow.com/homedetails/7320-Stinchcomb-Dr-Oklahoma-City-OK-73132/60558162_zpid/?
30 year mortgage for someone who can only scrape up the FHA 3.5% down payment with taxes and insurance is going to be in the $2,400 a month area. That's with today's insane interest rates. If we hadn't gone nuts giving away inflation money to Covid panic, that would be a $1800 house payment just from lower interest alone.
There are loads of examples like this all over the country and in some cases it gets better if you are more remote.
I actually just looked around my town for some places. I found plenty that were monthly mortgages in the $1,800 range for 3 bed, 2 bath homes, which would be a home for a family so you would expect multiple people paying in on it. And most apartments rent for around $800/month and cover almost all utilities except internet.
I guess Kansas exist in a timeskip where all of this stuff with the modern world passed us by then. Because a lot of what is around me is still what it has always been. Looking at my local Zillow right now, rents in the $1,000+ range get you an entire house, never mind an apartment.
Which is why this sort of stuff is entirely within range of being affordable to all but the most destitute of people. And as a tradesman myself (machinist) I can make plenty to afford this stuff and still have enough to save and invest.
I could definitely live in Kansas. I don't think I'd want to be in the west. That's a bit too remote for me. I stayed in Wichita a few years ago, I would have no problem being in the sub-suburbs of there or a nearby small town.
Honestly, I like Texas and I've lived here almost 15 years, but the influx of business is not going to be good for the state. I'm pretty well set in a house I have on reasonable terms in an area that shouldn't grow up too much now, so I stay because I have no friends elsewhere. If suddenly all my friends disappeared I'd be looking to move. I'm glad I moved out of growing metro suburbia hell 6 years ago. It's just getting too busy and there's corporate offices and stuff popping up all over the place.
Because where I live $18.75/hour is enough to live a comfortable life? I dont know how else to explain it. I am not living high on the hog, but I am not living paycheck to paycheck either.
I also dont own a house. They are still a little to expensive to pay for with only one salary. I was saying the typical family could afford a house. I still live in a rental.
Yeah, no one normal can afford that, which is exactly what's happening, the people buying this shit up are going to be investors and investor groups like Blackrock so they can import migrants and get the rent money from government welfare. I don't understand how you can look at the maths on that and think that's acceptable.
Plenty of normal people can afford that. That could be done on a $75k annual salary fairly easily in Oklahoma where you'd net $4,500ish a month after taxes. Take off money for utilities and a car and you're living on $30-40 a day for food, gas, etc. Is it going to work for some guy bussing tables, no, but $75k is well within the average pay for professional or skilled labor with 10 years of experience.
Your maths just isn't realistic as expected, the average salary for a millennial is shit and they're the ones that are going to be searching for property the most that's why they're despairing so much and no it's not just the out of touch leftist weirdos who don't understand the market. The only people who can get those kinds of salaries are Generation X style families or people lucky enough to be successful at building their own business etc. and ironically that's the types that I'm surrounded by RL. It's mostly Generation X families who will either have bought the house outright or gotten it on a mortgage. The only young people in the area are going to be those living with their parents and going to university.
I fall in that Millennial age range as much as I hate to admit it and I pulled it off. I know a much younger person that just got an engineer job at a defense contractor. He's definitely in that pay range. He's 23. I've known him since he was 12. Only luck he had was having parents that raised him right. Didn't grow up rich. Worked hard and went to a college out in the country and didn't waste it away partying at some big name tranny factory university. I know another that spent his 18-25 years not doing shit to learn anything useful. He works at a warehouse and lives with his parents with no end in sight.
I get it, shit sucks and it's a hell of a lot worse than when I was a 20-something. I also look around and see so many people just make excuses and give up.
I know another that spent his 18-25 years not doing shit to learn anything useful. He works at a warehouse and lives with his parents with no end in sight.
Do you not see it as a problem that a warehouse worker is living with his parents with no end in sight? A job like that should be enough to get one's life sorted out rather than something that barely pay subsistence wages.
That's the thing, I ended up picking up programming and realise I'm actually decent at it and schools made me feel like I was too dumb to do maths. Plus I didn't make the mistake of attending university and not picking a useless degree so that meant my parents could help me buy a property instead. Normal people our age aren't like that, we're smart frankly compared to a lot of our counterparts and outmanoeuvred the many government operated scams designed to get you into debt at an early age.
Sometimes though it's through no fault of their own which is where i'm actually unusually quite sympathetic to millennials, because I fucking remembered the way teachers would constantly pressure you about how 'important' university is. The problem with that is even when I was 16 I was actually very good at doing research, the more I found out about how universities operated the more scammy it felt.
It's probably even worse for zoomers, that's another thing with regards to the person you know, sometimes just being raised right is luck in of itself. We've all seen what happens to all these weirdos and obvious sluts who grow up without dads and things like that, it affects people more than they care to admit.
The property market is so monumentally fucked now, I could probably do what some people my age do when they come into money and rent out my house then go live abroad in somewhere like Japan and I could probably live comfortably off the rental income most of my life.
Ohohohooo ouch LOL, I feel your pain. I once found an electric sub station in the south of England going for a ridiculous amount and there was some sort of ex-mining building I saw that was also a stupid price for what it was.
A house in my neighborhood, which is about 1 hour out from the edge of the nearest "city", costs more than many very nice private islands in other nations, even private islands with cottages already built on them.
We're getting fucked everywhere, and "just move" isn't a feasible long term strategy. At least if you care at all about culture, society, and your kids or grandkids. This isn't sustainable and, although you can still find cheaper property if you move, that won't work forever. They're squeezing us out, and it's intentional. "Just move" just lets them get away with it. It's a real issue, that needs addressing.
Landlords are not a charity for you.
No one said they were. They generally follow market trends (although I'm sure there is also major hinkiness there considering many are from massive corporations, but that's a different issue), and it's to do with property prices going up, and the like. No one is asking the landlords for handouts. We're pointing out there's major shifts going on, that are screwing the lower and middle classes, and that's a massive and unsustainable problem.
I like small town culture and society much more than urban anyway, so I'm good there. Unless you mean the Reddit definition of culture, to which I'll just say you can buy avocados, bread, coffee, a toaster, and a coffee pot at the nearest Walmart that can be found anywhere in the US. Still there's a problem. I'd start with cutting off foreign purchase of land myself.
Family I get. They don't make it easy either. I'm not that far away and visit quite a bit and still my mom will make you feel like every second should revolve around being "her" family. I'm trying to build relationships with people that will still be around the last 40 years of my life though. It's gotten where most of the travel I do is to see family anymore, but I want to actually have something with my nephews and cousins down the road. I guess it's actually saved me money. I can stay with my brother for free so that helps once I get myself there.
My landlord response comes from the incessant whining elsewhere where they think the landlord only exists to screw them. It's a reflexive thought. Not really a thing on this site to constantly landlord bash.
I like small town culture and society much more than urban anyway, so I'm good there. Unless you mean the Reddit definition of culture, to which I'll just say you can buy avocados, bread, coffee, a toaster, and a coffee pot at the nearest Walmart that can be found anywhere in the US.
For the record, when I said "culture, society, and your kids or grandkids," I meant overall quality of life and cost of living. If the trend continues, future generations will be squeezed out of even owning property outside of the cities. I'm not talking culture/society in the big city sense, I just mean basic American ideals like freedom and upward mobility. Those are being threatened.
Still there's a problem. I'd start with cutting off foreign purchase of land myself.
They are also jacking up property taxes. There are people now that have to rebuy every year their property at more than what it was originally sold for.
In Canada, even a shack 4 hours outside the city can go for 500k. You have to take it a step further and go live in a forest fire zone to start seeing a reasonable price. This is all thanks to our glorious leader that brings in 2 new immigrants per minute. Anyways, yeah you have to move.. out of the country...
Exactly, u/cccpneveragain isn't taking into account that countryside real estate is now viewed as premium property because of course fucking everybody is wanting to escape the cities now. In the UK it's even more ridiculous because the countryside is where all the posh white people live and that makes sure everybody else is priced out from buying.
The supply of inner-city housing, especially those on the waterfront, is fixed. Maybe a finite number can be added with taller apartment buildings, but it's still relatively fixed. You're not adding a significant portion though to account for the sharp increase in demand.
The demand for this housing has continually gone up thanks to ever-growing population numbers, especially in the inner-city.
More people fighting over the same piece of property means higher prices. Always has, always will. Because there will eventually be some dumbfuck that's willing to pay those higher prices. And frankly, if you want to live in the inner city, you get what you fucking deserve. Urbanites are one of the lowest trash of humanity before you delve into criminals and various other offenders of such nature.
Probably so. Probably also doesn't account for improvements of her "similar apartment" that were implemented over time. Not enough to fully account for it all, but enough to certainly add to the cost over time. The reality is that the standards of housing 20 years ago and today are rather different.
Yes and no. People tend to romanticise "the old days", but the reality is that there were plenty of people who were struggling all throughout history. Reality is that we have it pretty good compared to most of history, the main difference is that most people are far less self-reliant as they were 60+ years ago. Those that are still self-reliant today are able to survive reasonably well thanks to reduced costs. The late 80s, 90s and early 2000s are largely an anomaly of time where so many people went and lost their self-reliance and instead became dependant. And it worked for a time, but it was never going to last forever.
Things have a long way to go before they can truly be considered bad. Yes, people are struggling, there's no doubting that, but it's nowhere near the struggling that even developed countries were facing pre-1960s.
Congrats, you are now competing with the government for apartments because they have to house all those "refugees", and the government can pay any price.
Who would have thought that importing a bunch of people who want your job and need housing would raise the demand for housing, and lower the demand for your work?
Middle class leftoids who were thinking immigrants would only steal the "redneck" jobs.
Joke's on them, now the immigrants are doing their jobs too since the corporations don't care at all about competence, they just play competitive woke box ticking against each other.
It is getting worse but y'all live in shithole states/countries and expect it to be different. This is what you get when you live in some faggot leftoid held state/country.
All I'm seeing in here is Commiefornians and Eurofags mad that the people they allowed to be voted in created shitty living conditions for them.
Move.
No, secessionism.
This. They are at war with us and are intent on our destruction. They will not leave you alone, ever. Secession should only ever be the first step towards consolidation and counterattack, never a goal in and of itself.
Voting doesn't matter, everything was forced.
Move where? Space colony?
That would be nice.
The first answer I have for most of these people I hear going on and on about rent is to move. It's even easier for this chick or dude or whatever, they are a lawyer that's not exactly a service that has no value elsewhere. There are loads and loads of places that aren't $3,600 a month in the country.
The 3 bedroom house I own rents out for $1,350 a month. Yeah it's not the most exotic location and it's in the most boring flyover of flyover country, but it's only 5 years old and while I don't personally manage it I've never skimped my property manager on maintenance money. I also still make money on it.
That's the other answer I have. Landlords are not a charity for you. Buy your own damn property.
The point you're missing is that this isn't happening just in the big cities, it's spreading elsewhere and it's deliberately engineered. I know for a fact that anybody who makes this claim hasn't done proper research on the housing market and likely hasn't looked at housing prices in the past 10 years if that and done any comparisons. It's actually kind of amazing how bad the takes are on this site lately with this kind of thing because even on Gab the boomers are starting to get it and I respect them for that.
As an example, in my country you could go to the most shithole areas and any kind of finished house you'd want to live in is going to cost £100,000 at a minimum. The others are all on auction so you'll be in a bidding war against investors who have several times the amount than you. The only places that are remotely affordable will be literal ghost towns and that also means you'd have to invest in extra money on top of even buying the house to get the infrastructure even functional and organise a deal with the local utility companies.
This is of course also assuming you even have the luxury of living where you want. Many people are going to be stuck where they are depending on their employment which is another point she was trying to make that you completely ignored. You don't want to know the sort of maths I'm looking at if I decided to rent out my own property just now which I looked up out of curiosity, you'll throw up.
Edit: Honestly the rent you're charging for a house kind of illustrates the point, $1,350 is pretty ridiculous though I suppose you can somewhat justify it if they're getting full use of the house for a month. Plenty of landlords now are renting per room and squeezing as many people in as they can thanks to mass migration. It really isn't just out of touch morons trying to live in San Francisco, even people who are being sensible and reasonable are struggling to find anywhere. I got fucking lucky with my property even by market standards because the real estate agent fucked up selling the house.
Americans have only just begun to get a whiff of the housing shock that has gripped Canada and the UK (among others) for years thanks to malicious governance and mass immigration. I actually don't think it will get that bad here except in a few blue states, but we've got our own worsening supply/construction problems too.
Yup. I was looking at apartments where I live in rural California, and 1 bedroom appts are going for $2100. Again this is in a rural area, hours from any big city.
California. Question answered. Next.
It's happening in rural areas of other states too admittedly.
Is the housing market screwed up, yeah sure. It's bonkers. My house would list for twice what I paid for it just 6 years ago.
Still though, I'm quite familiar with the housing market and am well aware of housing prices. Have I bought anything with the current rates? No. I probably will in a couple years though and I can still make money on it.
I'll give a real example I just picked this house right out of the most middle of the country. I've never lived in the area but I know that area a bit and it's pretty decent. 25mins from the OKC CBD where any working professional can get paid enough to afford it. Here's a house for sale, $281k, 1935 sq ft with 3 bedrooms. Doesn't appear old and falling apart. https://www.zillow.com/homedetails/7320-Stinchcomb-Dr-Oklahoma-City-OK-73132/60558162_zpid/?
30 year mortgage for someone who can only scrape up the FHA 3.5% down payment with taxes and insurance is going to be in the $2,400 a month area. That's with today's insane interest rates. If we hadn't gone nuts giving away inflation money to Covid panic, that would be a $1800 house payment just from lower interest alone.
There are loads of examples like this all over the country and in some cases it gets better if you are more remote.
I actually just looked around my town for some places. I found plenty that were monthly mortgages in the $1,800 range for 3 bed, 2 bath homes, which would be a home for a family so you would expect multiple people paying in on it. And most apartments rent for around $800/month and cover almost all utilities except internet.
Wow, $800 a month. Maybe I should move. That's not much more than I was paying for my first apartments close to 20 years ago.
I guess Kansas exist in a timeskip where all of this stuff with the modern world passed us by then. Because a lot of what is around me is still what it has always been. Looking at my local Zillow right now, rents in the $1,000+ range get you an entire house, never mind an apartment.
Which is why this sort of stuff is entirely within range of being affordable to all but the most destitute of people. And as a tradesman myself (machinist) I can make plenty to afford this stuff and still have enough to save and invest.
I could definitely live in Kansas. I don't think I'd want to be in the west. That's a bit too remote for me. I stayed in Wichita a few years ago, I would have no problem being in the sub-suburbs of there or a nearby small town.
Honestly, I like Texas and I've lived here almost 15 years, but the influx of business is not going to be good for the state. I'm pretty well set in a house I have on reasonable terms in an area that shouldn't grow up too much now, so I stay because I have no friends elsewhere. If suddenly all my friends disappeared I'd be looking to move. I'm glad I moved out of growing metro suburbia hell 6 years ago. It's just getting too busy and there's corporate offices and stuff popping up all over the place.
From what I know even machine programmers get paid like shit, how can you afford a home?
Because where I live $18.75/hour is enough to live a comfortable life? I dont know how else to explain it. I am not living high on the hog, but I am not living paycheck to paycheck either.
I also dont own a house. They are still a little to expensive to pay for with only one salary. I was saying the typical family could afford a house. I still live in a rental.
Yeah, no one normal can afford that, which is exactly what's happening, the people buying this shit up are going to be investors and investor groups like Blackrock so they can import migrants and get the rent money from government welfare. I don't understand how you can look at the maths on that and think that's acceptable.
Plenty of normal people can afford that. That could be done on a $75k annual salary fairly easily in Oklahoma where you'd net $4,500ish a month after taxes. Take off money for utilities and a car and you're living on $30-40 a day for food, gas, etc. Is it going to work for some guy bussing tables, no, but $75k is well within the average pay for professional or skilled labor with 10 years of experience.
Your maths just isn't realistic as expected, the average salary for a millennial is shit and they're the ones that are going to be searching for property the most that's why they're despairing so much and no it's not just the out of touch leftist weirdos who don't understand the market. The only people who can get those kinds of salaries are Generation X style families or people lucky enough to be successful at building their own business etc. and ironically that's the types that I'm surrounded by RL. It's mostly Generation X families who will either have bought the house outright or gotten it on a mortgage. The only young people in the area are going to be those living with their parents and going to university.
I fall in that Millennial age range as much as I hate to admit it and I pulled it off. I know a much younger person that just got an engineer job at a defense contractor. He's definitely in that pay range. He's 23. I've known him since he was 12. Only luck he had was having parents that raised him right. Didn't grow up rich. Worked hard and went to a college out in the country and didn't waste it away partying at some big name tranny factory university. I know another that spent his 18-25 years not doing shit to learn anything useful. He works at a warehouse and lives with his parents with no end in sight.
I get it, shit sucks and it's a hell of a lot worse than when I was a 20-something. I also look around and see so many people just make excuses and give up.
Do you not see it as a problem that a warehouse worker is living with his parents with no end in sight? A job like that should be enough to get one's life sorted out rather than something that barely pay subsistence wages.
That's the thing, I ended up picking up programming and realise I'm actually decent at it and schools made me feel like I was too dumb to do maths. Plus I didn't make the mistake of attending university and not picking a useless degree so that meant my parents could help me buy a property instead. Normal people our age aren't like that, we're smart frankly compared to a lot of our counterparts and outmanoeuvred the many government operated scams designed to get you into debt at an early age.
Sometimes though it's through no fault of their own which is where i'm actually unusually quite sympathetic to millennials, because I fucking remembered the way teachers would constantly pressure you about how 'important' university is. The problem with that is even when I was 16 I was actually very good at doing research, the more I found out about how universities operated the more scammy it felt.
It's probably even worse for zoomers, that's another thing with regards to the person you know, sometimes just being raised right is luck in of itself. We've all seen what happens to all these weirdos and obvious sluts who grow up without dads and things like that, it affects people more than they care to admit.
The property market is so monumentally fucked now, I could probably do what some people my age do when they come into money and rent out my house then go live abroad in somewhere like Japan and I could probably live comfortably off the rental income most of my life.
Ohohohooo ouch LOL, I feel your pain. I once found an electric sub station in the south of England going for a ridiculous amount and there was some sort of ex-mining building I saw that was also a stupid price for what it was.
A house in my neighborhood, which is about 1 hour out from the edge of the nearest "city", costs more than many very nice private islands in other nations, even private islands with cottages already built on them.
It would be a joke, if it weren't so serious.
That's getting significantly harder, too.
We're getting fucked everywhere, and "just move" isn't a feasible long term strategy. At least if you care at all about culture, society, and your kids or grandkids. This isn't sustainable and, although you can still find cheaper property if you move, that won't work forever. They're squeezing us out, and it's intentional. "Just move" just lets them get away with it. It's a real issue, that needs addressing.
No one said they were. They generally follow market trends (although I'm sure there is also major hinkiness there considering many are from massive corporations, but that's a different issue), and it's to do with property prices going up, and the like. No one is asking the landlords for handouts. We're pointing out there's major shifts going on, that are screwing the lower and middle classes, and that's a massive and unsustainable problem.
I like small town culture and society much more than urban anyway, so I'm good there. Unless you mean the Reddit definition of culture, to which I'll just say you can buy avocados, bread, coffee, a toaster, and a coffee pot at the nearest Walmart that can be found anywhere in the US. Still there's a problem. I'd start with cutting off foreign purchase of land myself.
Family I get. They don't make it easy either. I'm not that far away and visit quite a bit and still my mom will make you feel like every second should revolve around being "her" family. I'm trying to build relationships with people that will still be around the last 40 years of my life though. It's gotten where most of the travel I do is to see family anymore, but I want to actually have something with my nephews and cousins down the road. I guess it's actually saved me money. I can stay with my brother for free so that helps once I get myself there.
My landlord response comes from the incessant whining elsewhere where they think the landlord only exists to screw them. It's a reflexive thought. Not really a thing on this site to constantly landlord bash.
For the record, when I said "culture, society, and your kids or grandkids," I meant overall quality of life and cost of living. If the trend continues, future generations will be squeezed out of even owning property outside of the cities. I'm not talking culture/society in the big city sense, I just mean basic American ideals like freedom and upward mobility. Those are being threatened.
Absolutely fucking agreed.
They are also jacking up property taxes. There are people now that have to rebuy every year their property at more than what it was originally sold for.
In Canada, even a shack 4 hours outside the city can go for 500k. You have to take it a step further and go live in a forest fire zone to start seeing a reasonable price. This is all thanks to our glorious leader that brings in 2 new immigrants per minute. Anyways, yeah you have to move.. out of the country...
Exactly, u/cccpneveragain isn't taking into account that countryside real estate is now viewed as premium property because of course fucking everybody is wanting to escape the cities now. In the UK it's even more ridiculous because the countryside is where all the posh white people live and that makes sure everybody else is priced out from buying.
And what about men who work low pay jobs in specialized industries? No money to move and no jobs to work anywhere that's affordable.
Like I could find a PS5...
You mean when we were prevented from earning the money we need to pay for our housing and instead we were given a small check as humiliation?
That's how supply and demand works, dumbnuts.
The supply of inner-city housing, especially those on the waterfront, is fixed. Maybe a finite number can be added with taller apartment buildings, but it's still relatively fixed. You're not adding a significant portion though to account for the sharp increase in demand.
The demand for this housing has continually gone up thanks to ever-growing population numbers, especially in the inner-city.
More people fighting over the same piece of property means higher prices. Always has, always will. Because there will eventually be some dumbfuck that's willing to pay those higher prices. And frankly, if you want to live in the inner city, you get what you fucking deserve. Urbanites are one of the lowest trash of humanity before you delve into criminals and various other offenders of such nature.
Little more than supply and demand. I doubt she actually had that apartment without some connections helping her out.
Probably so. Probably also doesn't account for improvements of her "similar apartment" that were implemented over time. Not enough to fully account for it all, but enough to certainly add to the cost over time. The reality is that the standards of housing 20 years ago and today are rather different.
Just living is hard to afford now days.
Yes and no. People tend to romanticise "the old days", but the reality is that there were plenty of people who were struggling all throughout history. Reality is that we have it pretty good compared to most of history, the main difference is that most people are far less self-reliant as they were 60+ years ago. Those that are still self-reliant today are able to survive reasonably well thanks to reduced costs. The late 80s, 90s and early 2000s are largely an anomaly of time where so many people went and lost their self-reliance and instead became dependant. And it worked for a time, but it was never going to last forever.
Things have a long way to go before they can truly be considered bad. Yes, people are struggling, there's no doubting that, but it's nowhere near the struggling that even developed countries were facing pre-1960s.
and whose fault is that
Public Defender pay rate?
20 years ago your country's economy was nowhere near outsourced, digitized and automatized as it is today.
I bought my house in 5.