Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?
Only if capitalism falls. Otherwise zero chance. Sry.
Well, birth rate is steadily dropping. As people die the housing market could change. There are free houses in rural Japan because their population has been declining and young folks all moved to the cities. In 30-50 years we could see something similar.
That’s a good point. Well now I’m much happier to not have kids.
you’re not factoring in catastrophic climate change into your equation. in 30 to 50 years much of the equatorial regions will ne unlivable. massive levels of climate refuges will be shifting. we’re seeing unlivable wet bulb temps TODAY. so this isn’t catastrophising. it’s an almost certainty at this juncture.
I dunno, I try not to worry about these things to much. I’m not having kids I do what I can to live a low carbon footprint life. Not really anything I can do about it. Thinking about moving somewhere cooler with more solid natural water access incase of societal collapse… I like to garden and preserve shit anyway.
That’s honestly the best you can do at this point. individual change is really limited when industry is like 85% of the issue. I try and do the same. grow my own food, drive an ev powered by solar panels, don’t eat meat etc. but it really feels futile when it’s a drop in the ocean as far as impact goes.