this post was submitted on 30 Sep 2024
463 points (99.4% liked)

World News

39364 readers
2210 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
 

Prices have risen by 54% in the United States, 32% in China and nearly 15% in the European Union between 2015 and 2024. Though policies have been implemented to increase supply and regulate rentals, their impact has been limited and the problem is getting worse

Housing access has become a critical issue worldwide, with cities that were once accessible reaching unsustainable price points. Solutions that have been proposed, like building more houses, capping rents, investing in subsidized housing and limiting the purchase of properties by foreigners have not stemmed the issue’s spread. Between 2015 and 2024, prices rose by 54% in the United States, 32% in China and by nearly 15% in the European Union (including by 26% in Spain), according to the Organisation for Economic Co-operation and Development.

...

Salaries have not grown apace with real estate prices. In the EU, the median rent rose by 20% between 2010 and 2022, with rental and purchase prices growing by up to 48%, according to Eurostat. Underregulated markets are wreaking havoc, and in the United States and Spain, 20% of renters spend more than 40% of their income on housing, while in France, Italy, Portugal and Greece, that percentage varies between 10% and 15%, according to the OECD. Many countries have created programs aimed at increasing the future supply of public housing, but their effectiveness has yet to be determined and analysts say that results will be limited if smarter regional planning decisions are not made.

you are viewing a single comment's thread
view the rest of the comments
[–] scarabic@lemmy.world 1 points 2 months ago (1 children)

I mainly asked questions, positing only that lifestyle was simpler then, building codes were different, and materials were cheaper. What part of this are you having trouble with?

[–] Dagwood222@lemm.ee 1 points 2 months ago (1 children)

When I make a random observation I like to put "[off topic]" at the start.

I make the $1.00 minimum wage/$11,000.00 house argument a lot because it so clearly shows how far down we've gone.

A lot of people try to refute it by pointing out how much "richer" people are today.

I was confused because I thought you were trying to address the main point, not adding an aside

See?

[–] scarabic@lemmy.world 1 points 2 months ago* (last edited 2 months ago) (1 children)

You said:

There actually was a time when you could have a pretty good life with a simple job.

And my comment followed directly from this, wondering how possible it might be to achieve a past, arguably lesser, standard of living today. Attempting that would bring any wage/price gap with the past into focus by eliminating the overhead costs of modern regulatory bars, and the lifestyle creep factor that people sometimes cite. This is decidedly on-topic.

[–] Dagwood222@lemm.ee 1 points 2 months ago (1 children)

I don't think that the 1960's life style was 'lesser' than today's by any means.

Check "Hell's Angels" by Hunter Thompson. There's a chapter where he runs down the economics of being a hippie/biker/drop out.

A biker could work six months as a Union stevedore and then go on the road for two years. A part time waitress could support herself and her musician boy freind.

There was a popular travel series. The first book was "Europe on $5.00 A Day." Eventually, they had "Paris..." "London..." and other great vacations all for $5.00/day.

Sporting events, movies, and concerts were much cheaper.

If you wanted distraction, there were book stalls and news stands everywhere.

[–] scarabic@lemmy.world 1 points 2 months ago (1 children)

Without getting into subjective topics like what it was like to be alive in the 1960s, there’s certainly a few ways you can argue that delivering on today’s building codes is more complex than it was back in those times. Buildings are also safer now as a result. This is a simple thing and surely never took up an iota of HST’s attention, but it’s a straightforward fact about how you just get more now than you did then, even if it is something invisible like the safety of improved electrical wiring.

[–] Dagwood222@lemm.ee 3 points 2 months ago (1 children)

If you want to argue the minutia of building codes of the past, I'm sure there's a sub for that.