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by yters 3089 days ago
The doomsday argument implies it will also be steep, but in the other direction, making real estate not so valuable.
2 comments

I don't think anyone is planning their retirement savings based off a 95% chance of the only being 2 trillion to ever live - even at 10 billion living people you're looking at thousands of years for that prediction to be relevant.
I certainly hope so.

The biggest expense that the average person pays for is rent and home mortgages.

The world be auch better place if a >1/3 of everyone's paycheck wasn't going to rich landlords.

Why not move somewhere cheaper? You don't have to live in SF or NY or Seattle to work in tech.
Things work fine for me, because I am in tech. It is everyone else that I am worried about.

Housing costs are the biggest transfer of wealth in the world, and the higher costs are, the less money there is in the average person's pocket.