4 ms·
I agree with the feeling, but the market doesn't. Inflation in the last 8 years has been slowly strangling families. And that's without mentioning the fact that
by rawbot 2mo ago
I agree with the feeling, but the market doesn't. Inflation in the last 8 years has been slowly strangling families. And that's without mentioning the fact that owning an apartment or home is basically impossible without inheritance or being upper-class.
So for most middle-class families, the work grind will continue for the rest of their life, until retirement (if it even exists by then), without anything to show for it (owning the place you live in). How are people even going to be able to pay for their rent between retirement (67 years old) and assisted living (+75 years old)?
- account42 2mo agoInflation outpacing median income is a symptom of wealth inequality.