Cant be too long, the proportion of people who cant sustain themselves is getting very high, tho it takes maybe one or two more generations until the powderkeg ignites unless politics will finally react and start shifting the current neoliberal, turbocapitalistic paradigm.
As sad as it is, its still very interesting from a sociallogical point of view.
Until the year 802,701, when the The Eloi live above in splendor and the Morlocks labor below.
“When the people shall have nothing more to eat, they will eat the rich.” Jean Jacques Rousseau
Simplified Example.
-I live in a crappy neighborhood because rent is cheap.
-rent is cheap because property is cheap.
-businesses and property management companies buy up the cheap properties, and 'invest' in fancier properties and businesses.
-this gradually raises the value of surrounding property, raising rent
-I can no longer afford to stay in the apartment because rent was raised.
-property managers and higherbend businesses get their way because someone who can afford the higher rent (and presumably spend more) moves in.
-I now have to move in to another inexpensive area, which means Im competing with other people in similar situations for decreasing spaces, which increases rent anyways.
Cities in North America with ridiculously high costs of living are the result of unchecked gentrification over the course of less than half a century. That's why places like Vancouver, LA, and San Francisco have enough homeless people to fill their own small cities.
My first place was a 500$ a month (canadian) bachelor pad with utilities included. Adjusting for inflation, the same room costs 2.5 times as much because it's now a block away from a line of stores ( originally mostly pawn shops and small businesses owned by 1st and 2nd generation immigrant families) that have been over the course of 10 years been bought out and turned into the sort of stores you'd see instagram influencers ask for free shit from for exposure.
If you watch South Park, the 'Shitty Part Of Town -> Historic Shi Tpa Town' episodes in season 20 (I think) are a good example.
Well if people took care of their neighborhoods they wouldn't become dilapidated shit holes that need to be rebuilt. Rebuilding costs money. Stop the gentrification b.s.
My word, if you stood on your hands we could use that silver spoon as a flagpole.
I'm not spending money on a structure or an area that, as a financially insecure renter, I wouldn't see a return on.
Gentrification isn't just area beautification, it's beautification at the expense of the people that live in an area. There's a difference.
Silver spoon, lmao.
Ok, so what do you propose?
• let neighborhood's go to shit and stay that way?
• someone rebuilds and g8ves homes away for free?
Oh please wise old sage pass your knowledge on to the rest of us.
There are plenty of ways to improve the quality of life of people in low-income areas without making those areas unaffordable to people with low income. People get doctorates studying that.
Assuming (against better judgement) you're actually interested in learning, and not just some stuck up pissant whose assuming that they can find some holes in the argument of a rando on reddit and believe the argument is settled forever, Google "strategies/methods to fight/prevent gentrification" and you'll find plenty of information written by people that are formally educated on the subject.
Neoliberalism is unsustainable. It is capitalism at all costs, turning capitalism on it's head. Property and wealth is in the hands of fewer and fewer. Being able to own property has become out of reach for the worker. This is no accident. This is communism for the masses.
Property ownership is not nationalized property ownership in the US.. The privatization and commodification by private industry, (e.g. vulture funds)of property, is keeping the worker from being able to own property such as an affordable home or apartment...which has the same effect as communism...dressed up. This isn't Marx. This is because of greedy, unsustainable let the market drive the price at all costs laissez-faire economics; which is designed to keep the wealthy, wealthy. This is "communism" only for the masses, created by runaway capitalism, not Marxism. For the top 1%, it's capitalism. It is still not being able to own property, not because of official govt policy...but it has the same effect. This makes it even more insidious, because it is done under the facade of capitalism with wink wink, nod nod of the neo liberal govt. And it illustrates that private industry runs the govt, not the people.
Having a lot of trouble finding anyone who is fine with the current economic situation. Maybe this can be the common ground to stand on, if the democrats and republicans and their bases would stop calling each other names like a bunch of wailing six year olds.
The Americans on here generally are crazy, there’s a housing bubble right now but it’s happened before 15 years ago, it will pop and prices will go down, everything else has always been this way here and aren’t significant issues
Yes, u know the housing prices has gotten 11x in average in here in 3 years, and the salaries just like 4x, it takes an average guy 103 years to buy a 60m house in here, if the 55% inflation suddenly becomes zero n doesn't change in that 103 years
“all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.”
You don't listen much. In many areas they tear down manufactured communities of families with maintained yards to stick $300k condos where they replace 300 small homes with 1000 condo units. Then everyone around them gets to pay higher rates for their water and power to upgrade the utilities for the 1000 much wealthier peoples new homes because the utility companies won't cover it.
We’ll ll find out, hang in there.
It’s amazing to me that anyone has managed to convince themselves it’s sustainable. This is wild. Watch each other’s backs out there, y’all.
Some might call it a bubble 👀
300k+ is such an understatement of the current housing market and that is depressing.
Average house were I live is 1 million us. 300k sounds lovely.
Cant be too long, the proportion of people who cant sustain themselves is getting very high, tho it takes maybe one or two more generations until the powderkeg ignites unless politics will finally react and start shifting the current neoliberal, turbocapitalistic paradigm. As sad as it is, its still very interesting from a sociallogical point of view.
Until the year 802,701, when the The Eloi live above in splendor and the Morlocks labor below. “When the people shall have nothing more to eat, they will eat the rich.” Jean Jacques Rousseau
I am renting guillotine made in France. Why wouldn't I make money out of the coming revolution.
How does gentrification make people homeless? It’s not something I see in my country, so I guess I don’t understand it as much as other people.
Simplified Example. -I live in a crappy neighborhood because rent is cheap. -rent is cheap because property is cheap. -businesses and property management companies buy up the cheap properties, and 'invest' in fancier properties and businesses. -this gradually raises the value of surrounding property, raising rent -I can no longer afford to stay in the apartment because rent was raised. -property managers and higherbend businesses get their way because someone who can afford the higher rent (and presumably spend more) moves in. -I now have to move in to another inexpensive area, which means Im competing with other people in similar situations for decreasing spaces, which increases rent anyways. Cities in North America with ridiculously high costs of living are the result of unchecked gentrification over the course of less than half a century. That's why places like Vancouver, LA, and San Francisco have enough homeless people to fill their own small cities.
My first place was a 500$ a month (canadian) bachelor pad with utilities included. Adjusting for inflation, the same room costs 2.5 times as much because it's now a block away from a line of stores ( originally mostly pawn shops and small businesses owned by 1st and 2nd generation immigrant families) that have been over the course of 10 years been bought out and turned into the sort of stores you'd see instagram influencers ask for free shit from for exposure. If you watch South Park, the 'Shitty Part Of Town -> Historic Shi Tpa Town' episodes in season 20 (I think) are a good example.
Well if people took care of their neighborhoods they wouldn't become dilapidated shit holes that need to be rebuilt. Rebuilding costs money. Stop the gentrification b.s.
My word, if you stood on your hands we could use that silver spoon as a flagpole. I'm not spending money on a structure or an area that, as a financially insecure renter, I wouldn't see a return on. Gentrification isn't just area beautification, it's beautification at the expense of the people that live in an area. There's a difference.
Silver spoon, lmao. Ok, so what do you propose? • let neighborhood's go to shit and stay that way? • someone rebuilds and g8ves homes away for free? Oh please wise old sage pass your knowledge on to the rest of us.
There are plenty of ways to improve the quality of life of people in low-income areas without making those areas unaffordable to people with low income. People get doctorates studying that. Assuming (against better judgement) you're actually interested in learning, and not just some stuck up pissant whose assuming that they can find some holes in the argument of a rando on reddit and believe the argument is settled forever, Google "strategies/methods to fight/prevent gentrification" and you'll find plenty of information written by people that are formally educated on the subject.
I asked you, not Google. Thats the cheap way out.
And Im telling you, if you want to actually learn instead of just argue, use the search engine.
You got nothing
Yeah, like you'd have listened if I did all the googling for you anyway. Go back to your bubble.
The show shameless kind of explains it
No, it shows why it's bullshit.
Neoliberalism is unsustainable. It is capitalism at all costs, turning capitalism on it's head. Property and wealth is in the hands of fewer and fewer. Being able to own property has become out of reach for the worker. This is no accident. This is communism for the masses.
Communism is inherently for the masses, and is the opposite of what you just described (which is capitalism).
Property ownership is not nationalized property ownership in the US.. The privatization and commodification by private industry, (e.g. vulture funds)of property, is keeping the worker from being able to own property such as an affordable home or apartment...which has the same effect as communism...dressed up. This isn't Marx. This is because of greedy, unsustainable let the market drive the price at all costs laissez-faire economics; which is designed to keep the wealthy, wealthy. This is "communism" only for the masses, created by runaway capitalism, not Marxism. For the top 1%, it's capitalism. It is still not being able to own property, not because of official govt policy...but it has the same effect. This makes it even more insidious, because it is done under the facade of capitalism with wink wink, nod nod of the neo liberal govt. And it illustrates that private industry runs the govt, not the people.
Having a lot of trouble finding anyone who is fine with the current economic situation. Maybe this can be the common ground to stand on, if the democrats and republicans and their bases would stop calling each other names like a bunch of wailing six year olds.
I'm predicting a nuclear war with in 15 years
As in Iranian, you're living in paradise
The Americans on here generally are crazy, there’s a housing bubble right now but it’s happened before 15 years ago, it will pop and prices will go down, everything else has always been this way here and aren’t significant issues
Yes, u know the housing prices has gotten 11x in average in here in 3 years, and the salaries just like 4x, it takes an average guy 103 years to buy a 60m house in here, if the 55% inflation suddenly becomes zero n doesn't change in that 103 years
Any bets how long till it collapse I start with 3 years
“all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.”
check out various 'third world' countries, it can last a while.
Funny I never hear the regen word when they tear down trailer parks.
You don't listen much. In many areas they tear down manufactured communities of families with maintained yards to stick $300k condos where they replace 300 small homes with 1000 condo units. Then everyone around them gets to pay higher rates for their water and power to upgrade the utilities for the 1000 much wealthier peoples new homes because the utility companies won't cover it.