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by mlinhares 1 hour ago
Its more likely you'll continue to own the place than the government making something like that, that would hurt real estate owners. Renting is fine if you're on your prime years, making money and enjoying life, once you're on your way down, old and likely less employable, renting becomes an issue as you'll likely not make as much money anymore but the rents never go down.

I've seen many parents and grandparents of friends having to live on scraps and decide between healthcare and rent because they just can't make ends meet anymore.

For the young folks that can't buy because they can't save its even worse, they'll be indentured servants for as long as they're useful for the labor force and will then be thrown into the bin.

1 comments

My way down began at about 23. I think most people's does but they don't all realize it. I'm now 33. It's only a question of how quickly.

I suppose if it comes to that, I'll find a way to sacrifice my then-worthless life for the greater good. And it will be sad, but important.