by I don't know about this, I still prefer the countryside, but the narrator might have a point, if architects designed very beautiful property people might not mind new housing developments occurring near them. Just imagine if they were really, really beautiful, now that would be grand, so, it's part of the solution.Why do people think they high prices benefit them? They must me stupid, because even through their property may have gained in value, most people are still climbing up the housing ladder, and so will get clobbered with a massive mortgage at some stage, then life will become all work. Surely, it's better to get everything as cheep as posible, and then have more spending money while doing less hours at work? That's what I always wanted, anyway.So, they work their way up the
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it
Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister
New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice
Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.
Why do people think they high prices benefit them? They must me stupid, because even through their property may have gained in value, most people are still climbing up the housing ladder, and so will get clobbered with a massive mortgage at some stage, then life will become all work. Surely, it's better to get everything as cheep as posible, and then have more spending money while doing less hours at work? That's what I always wanted, anyway.
So, they work their way up the housing ladder getting worked to death on the way, while the paper value of their property is ever increasing, but they can't ever realise the money, it's fictional. Yes, they could one day downsize and live in a flat, but flats tend to be horrible to live in as the soundproofing is often bad, while the rooms are small, and your chances of inconsiderate neighbors greatly increases. I know, because I lived in a flat for many years, and it's outstanding how inconsiderate and selfish some people can be.
Anyway, I feel we should be thinking of reducing the population growth. Politicians, and most people, don't understand the exponential growth function, which means that there will always be a demand for more and more land.
But it's a nice video!
Very high house prices aren’t an act of God or a fact of nature. They’re the result of all sorts of policy and design mistakes – which we should try to understand and correct.