Comment by ThrowawayR2
15 hours ago
Izzat all? Man, kids these day sure have it easy. When I was a kid, we had to worry about getting nuked into glowing cinders in World War III, getting conscripted and blown to bits fighting the Soviet led Warsaw Pact, or not being able to get on the property ladder and being told that the Japanese will replace what few skilled blue and white collar jobs were available.
It’s definitely harder to get on the property ladder now than it has been for decades. This isn’t hyperbole, house prices have grown disproportionately to wages. This has been proven in literally every financial report about property prices. Eg https://mojomortgages.com/mortgage-news/homeownership-50-yea...
And as for the fear of WW3, have you turned on the news recently? That fear is just as real now than it was in the 80s.
I know that HN is quite American-centric, but for rest of the developed world (particularity Europe and East Asia), we're already worried about an impending world war.
You mean US. Canada, Mexico, Columbia, Brazil, Argentina & Chile have the same concerns.