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Spin Zone / Re: Under oath True the Vote claims to have no evidence in GA case
« on: March 03, 2024, 03:48:33 PM »Me too, we had interest rates around that. There seems to be a difference now though. Young people seem unable to afford to buy a house. But my husband and I could when we were young, even with those interest rates. Is it that the prices are higher than they were back then (adjusted)? Is it that the young people aren’t earning as much? Is that because fewer women worked back then? (Dumping women into the workforce created more supply and lowered salaries and wages?) Or is it because they aren’t marrying and are trying to buy homes by themselves?
There’s a different feel this time around.
I am not claiming this is the primary cause but perhaps it is also contributing. In some sense houses are more sophisticated now and may thus just cost more in real dollars. There is also a lot more regulation and code compliance which likely drives up prices. Many municipalities have actually banned things like the small house movement which was designed to provide more smaller but livable spaces.