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Aaron Okeanos
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Comments by "Aaron Okeanos" (@AaronOkeanos) on "This Commercial's WILD Twist Ending Will Make Your Blood BOIL" video.
1950: 10 yearly salaries needed to buy a house 1970: 7 yearly salaries needed to buy a house 1980: 20 yearly salaries needed to buy a house 1990: 40 yearly salaries needed to buy a house 2000: 60 yearly salaries needed to buy a house 2007: 80 yearly salaries needed to buy a house 2008: 120 yearly salaries needed to buy a house 2024: 150 yearly salaries needed to buy a house
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Limit the supply ... avoid spoiling the prices.
2
Sadly no. At least the UK has a similar problem not just as bad but corporations working on it.
1
@andrewjones9991 I got the informations for the 70ties and the 2020ties from LBC London. But these numbers are an interpolation. It is a highly complex topic because average income and house prices and interest rates constantly changing. And everything is regional extremly different. But for people to understand one component why younger generations have so many problems finding stability in live, start a family and living on their own, buying and financing property, why the middle class is dying out and why birth rates go radically down can be best understand by this vastly simplified metric. And reality sadly seem to confirm this. I really wished it wasn't because this is just the beginning of the problems. This can unravel society.
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