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by lmm 1252 days ago
OK so when what I have to pay for housing is several times more than my parents' generation did even when adjusted for inflation, where is that money going? Hint: not the global poor.
1 comments

That money is going to your parents generation, and you eventually through inheritance. The global poor still need their check, unless you don't acutally care about fairness.
> That money is going to your parents generation, and you eventually through inheritance.

The owners of UK property may be members of my parents' generation, but they have very little in common with my parents; that money is not coming to me. (And while you could blame them for not jumping through the right hoops to have been eligible for Thatcher's right to buy, I don't think it's fair to say that working-class people should have known to bet a multiple of their net worth on decades of incredibly stupid housing policy).

> The global poor still need their check, unless you don't acutally care about fairness.

Sure, and I'm all for measures to help with that - I've voted for increased aid and will continue to do so. Using the global poor as a reason I can't criticize those with massive unearned wealth is pure whataboutism.