I've been reading about the cost of housing vs wages for different generations: Boomers vs Gen X and Millennials. So I asked my mother how much she and my Dad bought their homes for. I was really shocked. 1st home – 1971 – $40,000.00 3 bedroom, carport, single family home, single story, decent yard, nice suburban neighborhood 2nd home – 1973 – $43,000.00 3 bedroom, carport, single family home, single story, bigger yard, nicer neighborhood 3rd home – 1975 – $60,000.00 3 bedroom, 2 car garage, single family home, two story , much bigger yard, brand new construction, much nicer and larger bedrooms and dining and living room and den 4th home – 1991 – 120,000 3 bedroom, 1 car garage, 3 story, same sq feet as 3rd home different layout. My mother never worked during this period. They got by on my dad's income. They only rented the first…
UBI is the best solution, and it needs to be pegged to inflation/CPI.
Hey folks, Long time lurker, and admittedly on some level pleased that it's now my turn to have one of these. Our company has rolled out more HR policies, one of which is a binding Arbitration Agreement that prevents you from suing the company from any workplace disputes, from wage theft to wrongful termination, you can't ever get before a judge, but instead are forced in front of an Arbitrator that has a financial incentive to rule in favor of the company to gain a repeat customer. These proceedings are not public record, not subject to judicial review, limit discovery, and generally give companies much more leeway to fuck us over as employees. I declined to sign the Arbitration Agreement, and was told on Monday my continued employment depended on my signature. I will not sign away my goddamned Constitutional Right as an American to seek redress for grievances in…
Make it so paying rent earns you partial ownership (equity) in the property. (as a percent of the total property value.) This will have many helpful downstream effects ( for non-leeches) that will make it so real estate is less attractive as an investment. This will dramatically lower the price of housing. This is politically feasible in states with ballot measures because renters outnumber landlords and real estate investors. DISCUSS
Romcom worthy.
greed at its finest
My boss and my boss’s boss called me into a meeting after denying me a promotion in favor of external hires. I’m in a role where when hired I was told I’d be trained for this promotion along with my counterparts. None of us were considered for the openings. They asked me why I seemed so down lately. Let me know I’m still valued. I told them they didn’t pay me enough and I really needed the raise that would come with that promotion. I told them there are places I could make more money at in retail. I work in a STEM field and the pay is a joke… They were of course trying to also dump significantly more responsibilities on me under the table for the purposes of “training” me for a role they won’t consider me for. They asked me how I felt about the job. I…