They confuse "infinite low-quality luxury goods" with "spending power".
Boomers use to paid, proportionally, much more for TVs, computers, cars, etc than us, while simultaneously paying much less for homes.
They sold out manufacturing to China and India in order to lower the price of said goods, while also allowing the quality to decline. So we get plentiful cheap garbage, while being totally priced out of real estate, and they think we're spoiled.
We could make a house out of high-end TVs cheaper than just having a house.
Weird how the cost of land has ballooned out of control. It's almost like there's some weird market pressure exerting an upwards force on demand, like every year there's way more sudden new demands for lodging that weren't there the prior year, despite birth rates floating around replacement rate.
But for the impact, you'd need to be adding hundreds of thousands, if not millions, of additional people needing lodging. Constantly. Above natural births and logical flow of the country's demographics. Of course, we live in a sane society, so there's no way that's happening, right?
Canda has imported, legally, over 5 million nons in the ladt ten years. Almost a quarter of our population was not born either here or in another Western country.
How do you run a democracy where every politician has to cater to the foreigner voting block? A block that neither understands, nor cares how anything works or where the prosperity they covet actually came from?
They confuse "infinite low-quality luxury goods" with "spending power".
Boomers use to paid, proportionally, much more for TVs, computers, cars, etc than us, while simultaneously paying much less for homes.
They sold out manufacturing to China and India in order to lower the price of said goods, while also allowing the quality to decline. So we get plentiful cheap garbage, while being totally priced out of real estate, and they think we're spoiled.
We could make a house out of high-end TVs cheaper than just having a house.
Weird how the cost of land has ballooned out of control. It's almost like there's some weird market pressure exerting an upwards force on demand, like every year there's way more sudden new demands for lodging that weren't there the prior year, despite birth rates floating around replacement rate.
But for the impact, you'd need to be adding hundreds of thousands, if not millions, of additional people needing lodging. Constantly. Above natural births and logical flow of the country's demographics. Of course, we live in a sane society, so there's no way that's happening, right?
Canda has imported, legally, over 5 million nons in the ladt ten years. Almost a quarter of our population was not born either here or in another Western country.
How do you run a democracy where every politician has to cater to the foreigner voting block? A block that neither understands, nor cares how anything works or where the prosperity they covet actually came from?