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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?

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[-] Izzy@lemmy.world 1 points 1 year ago

Eventually we are going to realize that not everyone is going to be able to have a big yard and a big house with 3 cars each. Something has to give and I think it is going to be zoning laws. So while people might be able to afford "housing" again at some point in the next 50 years it is going to be more like a shack than a house.

[-] geolaw@lemmygrad.ml 1 points 1 year ago

Will we ever experience a majority Greens government in our lifetime?

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[-] FluffyPotato@lemm.ee 0 points 1 year ago

There are still countries with affordable housing like here I bought an apartment for 90 000 euros a few years ago. I was renting it before for 450 euros. It's in the capital next to a park.

As for the places where people can't afford a home: I think climate change will take care of that. Once we get events where death without a home is guaranteed the math will change and people will just break into and squat in the empty homes. Once that becomes popular enough something has to change or a whole lot of people will die when evicted, I don't think any country can handle that PR disaster.

[-] filister@lemmy.world 1 points 1 year ago

And I bet the same apartment now costs more than 200K Euro. And also the rent went up considerably.

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[-] Igotz80HDnImWinning@kbin.social 0 points 1 year ago

Yes. Once we have coordinating unions and global strikes, we make the rules.

[-] orcrist@lemm.ee 0 points 1 year ago

Yes but it depends what country you are in. Many countries are not controlled by greedy landlords.

[-] moosetwin@lemmy.dbzer0.com 0 points 1 year ago

this is lemmy what do you think they will answer

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this post was submitted on 21 Aug 2023
461 points (96.8% liked)

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