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If housing and other goods are really cheap that means it's very easy to achieve financial independence. Everybody would be able to retire. Then nobody would wo
by giveexamples 5y ago
If housing and other goods are really cheap that means it's very easy to achieve financial independence. Everybody would be able to retire. Then nobody would work anymore.
I think if we pushed housing prices down, goods and services prices would increase.
That might be a good thing though.
- TaylorAlexander 5y agoIt sounds like 74% of residents in Singapore own their own home and I don’t think that’s happened there. https://www.shareable.net/public-housing-works-lessons-from-vienna-and-singapore/ https://www.shareable.net/public-housing-works-lessons-from-...
- imtringued 5y agoThe prices of goods and services would increase because people will have more money to buy them. It's not a bad thing because high prices motivate investment.