@rip_spal's comment on '"What the frick is the end goal in all of this economic turmoil?" :soycry: Poors who never owned anything and will never do cry at the world'

"What the frick is the end goal in all of this economic turmoil?" :soycry:

Poors who never owned anything and will never do cry at the world

https://old.reddit.com/r/povertyfinance/comments/16csk7p/what_the_fuck_is_the_end_goal_in_all_of_this

What the frick is the end goal in all of this economic turmoil?

The car market is fricked; The housing market is fricked; Food prices are insane. Our salaries haven't changed. It's demoralizing to see Redditors who have houses talk about how great it is and that the housing market is never going to come back down. I don't think the car market will ever return to normal and I wouldn't doubt the housing market is the same way. But the price of a house and the salary of the average American is a large chasm.

Even in small, LCOL areas, I've seen people talk about corporations buying houses and driving up the prices. I'm beginning to see talks of entire neighborhoods of houses that are only for rent. Not rent to own. In theory, you shouldn't buy a house that is more than 3x your annual income. So a single person making $50kish a year has to find a house for $150k but where is that happening? I live in a low income, high crime area and the house I'm in is appraised at $175k so I can't afford to purchase the house I'm in.

I spend a lot of time wondering why I'm back in school, what's the purpose when most of my working life will be spent paying bills and putting the rest into a retirement fund that I likely will never use. With my prospective and current salaries, I won't have money to vacation, get a new car, etc. What's the point of all this then?

To get back to my title, what the frick is the end goal in this economic turmoil? 75% of us being homeless and living outside while corporations hoard houses? Moving to a new country likely won't help because I see many people in various countries talk about having the same issues.

The poor will start a war with each other rather than coming together to fight the rich.

:marseyhesright:

As someone who is 50+ , I'll say that what our generation has done to future generations is criminal.

>not like the other boomers :marseyfellowkids:

There's no big plan, just a bunch of people with really big account numbers who want the biggest one. That's literally it. The gravity of all that money will eventually implode and you are collateral damage.

Finally someone with some sense.