I'm still digesting the 50 year betrayal from yesterday, but this is a good chaser to it because it shows one of the key problems with boomer thinking about housing. Ben says America is all about picking up stakes and moving from established places like NYC to exciting new places where real estate is cheap and there's all kinds of opportunities to make money. Here's the problem with that. The places with opportunity ARE PLACES LIKE NYC AND SF.
What are you going to do, declare some town in Idaho the next Palo Alto because housing is cheap due to the only employers being the hospital and school? Uh yeah, no. There's a little more to it than that.
So if you want to move, you move to NYC and be poor while you chase art or something, or try to get in on one of our late stage empire scams (AI/finance). Or you can pursue that stuff on the internet, but that doesn't build a hot new city does it?
Flippantly telling young people to uproot & chase economic opportunity also encourages the destruction of community and social supports.
You leave behind your parents, your extended family, your friends, your church, your social activities, etc. If you establish yourself "away", you lose access to free childcare & babysitting from your parents.
In a time of renewed White identitarianism, telling young people to deracinate & atomize themselves further for "line go up" is what got us into trouble in the first place.
Not to mention that if young White people can't afford to live in places like NYC, why can infinity immigrants?
Not to mention that if young White people can't afford to live in places like NYC
Here's the worst thing: they can't afford to live in their home towns either, because it's almost the same price as living in a city, and there aren't any entry-level jobs that pay well enough to ever possibly allow them to buy a house. Particularly since 2020, home prices everywhere have skyrocketed.
People always forget that relatively most places in America are pretty fucked equally when it comes to "Available jobs to cost of living." Certain cities are obviously more fucked, but fucked nonetheless.
Sure Bumfuck, Kentucky might have a 4bed and 10 acre property for 100k, but unless you know a guy or have a very specific trade skill you are going to be working for very little out of the available job pool. Whereas a major city will charge you millions for a home, but it also has a lot of jobs that theoretically you can get to support yourself.
Its just another point against little Benji's mindset. It treats rural and quiet towns as these bustling lands of opportunity, when the reason why people left them for big cities in the first place was because you had little to pick from to begin with. Unless you are starting a farm or similar home business, most of the jobs are already spoken for.
And rent prices are so absolutely batshit insane that it’s hard to even try and get a nest egg for a house. My wife and I are at this stage and it seems whenever we have the cash to start thinking about a house, something pops up that drains half the money from the account
I'm still digesting the 50 year betrayal from yesterday, but this is a good chaser to it because it shows one of the key problems with boomer thinking about housing. Ben says America is all about picking up stakes and moving from established places like NYC to exciting new places where real estate is cheap and there's all kinds of opportunities to make money. Here's the problem with that. The places with opportunity ARE PLACES LIKE NYC AND SF.
What are you going to do, declare some town in Idaho the next Palo Alto because housing is cheap due to the only employers being the hospital and school? Uh yeah, no. There's a little more to it than that.
So if you want to move, you move to NYC and be poor while you chase art or something, or try to get in on one of our late stage empire scams (AI/finance). Or you can pursue that stuff on the internet, but that doesn't build a hot new city does it?
Flippantly telling young people to uproot & chase economic opportunity also encourages the destruction of community and social supports.
You leave behind your parents, your extended family, your friends, your church, your social activities, etc. If you establish yourself "away", you lose access to free childcare & babysitting from your parents.
In a time of renewed White identitarianism, telling young people to deracinate & atomize themselves further for "line go up" is what got us into trouble in the first place.
Not to mention that if young White people can't afford to live in places like NYC, why can infinity immigrants?
Here's the worst thing: they can't afford to live in their home towns either, because it's almost the same price as living in a city, and there aren't any entry-level jobs that pay well enough to ever possibly allow them to buy a house. Particularly since 2020, home prices everywhere have skyrocketed.
People always forget that relatively most places in America are pretty fucked equally when it comes to "Available jobs to cost of living." Certain cities are obviously more fucked, but fucked nonetheless.
Sure Bumfuck, Kentucky might have a 4bed and 10 acre property for 100k, but unless you know a guy or have a very specific trade skill you are going to be working for very little out of the available job pool. Whereas a major city will charge you millions for a home, but it also has a lot of jobs that theoretically you can get to support yourself.
Its just another point against little Benji's mindset. It treats rural and quiet towns as these bustling lands of opportunity, when the reason why people left them for big cities in the first place was because you had little to pick from to begin with. Unless you are starting a farm or similar home business, most of the jobs are already spoken for.
And rent prices are so absolutely batshit insane that it’s hard to even try and get a nest egg for a house. My wife and I are at this stage and it seems whenever we have the cash to start thinking about a house, something pops up that drains half the money from the account