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Friday Fun Thread for August 2, 2024

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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The issues with housing exist with or without competition from international capital. The issue is the combination lack of construction with massive credit expansion.

This has mostly benefited older people but that wealth is now starting to trickle down so it's more looking like big city house owning natives Vs everyone else division where the former have been handed an immense pile of wealth the last 30 years or so for no reason at all. Unless you're part of the housing owning class it's incredibly hard to compensate with a high salary (especially given the compressed wage distribution) but if you are, even a low salary is enough to live very well on.