Comments by "IIIRattleHeadIII" (@badass6300) on "How We Went From Living In Caves... To Living In "Assets"" video.

  1. Ok, so let's look at this. I live in a small country, where if people move at all it is to the capital or three biggest cities apart from the capital. But at the same time, from 1990-2024 we have gone from almost 11 million to 6.5 million population(and that's counting people abroad), while we have built 3-4x more homes in every major city. Yet in the 90s the median home was 2-3x median yearly salaries and was 71-74m^2, while since 2021 the median home has been 9-12x median salaries and 48-51m^2. All of our major cities are half or less the population they were 30-35 years ago, except the capital, which is 100 000 fewer people than 10 years ago. Again tons of apartment building a being built, tons of houses, they are almost all next to empty, 0 interior, gray empty boxes. What happens is corporations and rich people buy them out or straight up build them and then use an algorithm, with data about the area's income, to technically price fix the rents/prices to where they cost what is on the edge of affordable for 2x median salaries to get a mortgage or rent, in the age where people are most alone. And it's legal, because they are using algorithms for it and not technically colluding. Also we don't build houses from cardboard, it's all steel reinforced concrete and brick that last no less than 100 years.
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  2.  @владимиир12345  just to the east of Serbia (Bulgaria).
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  3.  @Jay_Johnson  capitalism with a government that can tamper with the economy isn't capitalism, it starts with F- and ends in with -cism: Private companies working with the governments for their mutual benefit while oppressing the masses.
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  4.  @brentmartin6833  No, because what happens is that now they have assets which increase their net worth then they borrow money against said assets/net worth and reinvest 95%+ of it, use 5% to spend on their livelihoods and the new investments (usually)return a higher profit to repay the loan itself and the cycle continues. And real estate is better than the vast majority of stocks when it comes to value growth since it's super speculative.
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  5. the UK built horrible housing in the 70s to achieve that and then they started crumbling sooner than expected and nobody wants a crumbling home, on top of that they still take space.
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  6. Not just his home, but his village if it had internet and friends. XD
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