We need to stop ascribing to INFLATION what is CORPORATE GREED.
Saw something where a guy showed a 4 bdrm beautiful home for $1785 in 1929: plumbing, elec, wiring, paint, everything included.
Adjusted for INFLATION, that house would be $30,769.47 today. The median house is $363,401.00 now, or 11.8x the inflation rate.
If we continue to have our children leave the home at 18, or not live communally..we will a) sprawl too much and run out of space, and b) play right into their hands.
Because..like it or not, if we keep PAYING the price-gouging pipers, we are INCENTIVIZING them. It is mere supply and demand! If we demand goods and are willing to pay the going rate..they will continue to meet that demand with greedy supply.
Adjusted for INFLATION, that house would be $30,769.47 today. The median house is $363,401.00 now, or 11.8x the inflation rate.
If we continue to have our children leave the home at 18, or not live communally..we will a) sprawl too much and run out of space, and b) play right into their hands.
Because..like it or not, if we keep PAYING the price-gouging pipers, we are INCENTIVIZING them. It is mere supply and demand! If we demand goods and are willing to pay the going rate..they will continue to meet that demand with greedy supply.
41-45, F
