Post
Topic
Board Economics
Re: Becoming the homeless and poor it's new Normal now days
by
Porfirii
on 15/08/2024, 16:34:06 UTC
what if I say that nowadays everything is expensive, while jobs with salaries that can meet all needs are almost impossible.
let's say, about 20-50 years ago. why could our ancestors have many assets such as land, gardens, and others? I think in that era everything was still easy to get and when we in the present era want to do the same thing it will certainly be difficult.

-snip-

Our ancestors didn't have any smartwatches, 4k TVs or expensive cars, and they didn't go on vacations to exotic countries every year like some people with average salaries do, sometimes thanks to credit, among many other luxurious habits we have now.

On the other hand, they were able to buy a house after saving for a few years, while in some cities it is almost impossible now to buy a property and most people live rented.

So times have changed, for the better in some sense, for the worse in some other. The good thing is that even now, or at least for now, you still can make the decision to consume less of these things and invest for the future.