this post was submitted on 28 Jul 2024
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Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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[–] UnderpantsWeevil@lemmy.world 46 points 3 months ago (2 children)

Government in the 1940s: "Here, we're demolishing black and rural neighborhoods to give returning veterans a cheap suburban housing stock. Also, we're doing big industrial jobs programs and ramping up our domestic manufacturing base."

Baby Boom Happens

Government in 2020s: "Here, we're larding you up with debt all through your twenties and turning every facet of life into a micro payment we can ratchet upwards on a whim."

Baby Bust Happens

[–] VerdantSporeSeasoning@lemmy.ca 11 points 3 months ago (1 children)

Hmm, will Gen Z become known as the Busters?

I kinda like that

[–] Deftdrummer@lemmy.world 8 points 3 months ago

Already known as the roommate generation.