BarterClubM to Antiwork@lemmy.world · 1 year agoLabor “shortage”i.imgur.comimagemessage-square60fedilinkarrow-up11.27Karrow-down119
arrow-up11.25Karrow-down1imageLabor “shortage”i.imgur.comBarterClubM to Antiwork@lemmy.world · 1 year agomessage-square60fedilink
minus-squareFReddit@lemmy.worldlinkfedilinkarrow-up24arrow-down1·1 year agoI got a little inflation story for you … My father bought a house inSan Francisco in 1959 for about $60,000. Now it’s worth around $4 million. And no, I did not benefit from this. He embezzled client money and lost everything, which he richly deserved.
minus-squareCapraObscura@lemmy.worldlinkfedilinkEnglisharrow-up16·1 year agoMy grandparent’s house was $10,000 in 1959. When my grandfather passed we sold it for close to $300,000. In a shitty small town in Texas. This is what happens when housing is sold as an investment and not a place to live.
I got a little inflation story for you …
My father bought a house inSan Francisco in 1959 for about $60,000.
Now it’s worth around $4 million.
And no, I did not benefit from this. He embezzled client money and lost everything, which he richly deserved.
My grandparent’s house was $10,000 in 1959.
When my grandfather passed we sold it for close to $300,000. In a shitty small town in Texas.
This is what happens when housing is sold as an investment and not a place to live.