General Discussion

MineralMan

(151,259 posts)

97. It should drop.

Reply to redwitch (Reply #96)

Tue Mar 29, 2022, 06:14 PM

Mar 2022

I'm glad Spring is here, too. Minnesota winters get old in March.

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Homes Cost Too Much! Everything Costs Too Much! [View all] MineralMan Mar 2022 OP

Inflation has been held artificially low since W was in office DenaliDemocrat Mar 2022 #1

Wages always lag, I think. MineralMan Mar 2022 #2

Absolutely!!! n/t RKP5637 Mar 2022 #3

wages lagged for a generation because the labor market was never tight for long Amishman Mar 2022 #30

Yes. The balance between greed and need is uneven MineralMan Mar 2022 #33

And, things used to last a lot longer too! n/t Quakerfriend Mar 2022 #4

Oh, not so much. MineralMan Mar 2022 #5

Oh, how interesting. Quakerfriend Mar 2022 #11

Yup. A car made in 1974 will need a valve job every 10-20,000 miles. MineralMan Mar 2022 #13

Yes, good points. former9thward Mar 2022 #16

Well, you could if you had the necessary skills. MineralMan Mar 2022 #19

Cars are much better now, definitely. Mr.Bill Mar 2022 #72

Real Estate is less driven by general inflation, and much more by demand. brooklynite Mar 2022 #6

Yeah, real estate goes its own way, up to a point. MineralMan Mar 2022 #7

There has been a heluva lot of speculation in the real estate market lately... Wounded Bear Mar 2022 #8

Depends where you're looking, really. MineralMan Mar 2022 #9

However, Apartments and Mobile Home parks are being bought by speculators. haele Mar 2022 #89

Yes, California real estate is very weird. MineralMan Mar 2022 #90

And supply Jose Garcia Mar 2022 #18

Where I am, there is a lot of multi-family housing going up. MineralMan Mar 2022 #29

Rampant Consumerism modrepub Mar 2022 #10

Most first time homebuyers still end up buying a smaller home MineralMan Mar 2022 #14

Buying Up modrepub Mar 2022 #78

What you said is certainly true. MineralMan Mar 2022 #79

The fact that homes cost too much means that our economy will never get out of doldrums. Households Samrob Mar 2022 #12

There are still young families buying houses. Plenty of them. MineralMan Mar 2022 #15

A few things are vastly different. I graduated from college without any students loans. hunter Mar 2022 #17

Yes, so did I. MineralMan Mar 2022 #24

That was in the days nitpicker Mar 2022 #36

Yes. And that had nothing to do with anything we did. MineralMan Mar 2022 #38

Why is a BA in English so expensive? hunter Mar 2022 #49

I don't know. MineralMan Mar 2022 #53

? So--- your inlaws bankrolled your house Thtwudbeme Mar 2022 #55

No. They loaned us the $20,000 at 6% interest. MineralMan Mar 2022 #57

Refuting is not insulting. Please tell me what the interest rate was Thtwudbeme Mar 2022 #60

"Buy land. They ain't making any more of the stuff." 2fast4u Mar 2022 #20

I'm not quite sure what your point is. MineralMan Mar 2022 #21

Land 2fast4u Mar 2022 #22

There are also a lot more people Retrograde Mar 2022 #23

Yes there are. There are also more homes and other places to live. MineralMan Mar 2022 #25

I am reminded of the words of a fictitious philosopher DFW Mar 2022 #26

Very good! MineralMan Mar 2022 #27

There's this highly obscure phrase "outpaced inflation" Sympthsical Mar 2022 #28

Yes. In some areas, the cost of things have indeed outpaced inflation. MineralMan Mar 2022 #39

You are not living the experiences of my generation Sympthsical Mar 2022 #41

As you say. MineralMan Mar 2022 #42

College upmanship costs too nitpicker Mar 2022 #31

Throughout your lifetime (and mine), the costs or our consumption (the "Highest Ron Green Mar 2022 #32

Yes, of course. MineralMan Mar 2022 #37

9 Words in 1 Sentence are Great: "It's not fair. But, it has never been fair."(2nd to last sentence) Stuart G Mar 2022 #34

Yes. That's the bottom line for all of this. MineralMan Mar 2022 #35

When you bought that darling house for 20 grand almost 50 years ago, how much were your Thtwudbeme Mar 2022 #40

Well, I can answer your questions: MineralMan Mar 2022 #43

I am pushing 60 and we are preparing for retirement. I do NOT have things "worse than you." Thtwudbeme Mar 2022 #50

Pushing 60, eh? Well, I'm pushing 80. MineralMan Mar 2022 #54

LOL- I JUST read that your house loan Thtwudbeme Mar 2022 #56

Why on Earth would you expect ANYTHING from me? MineralMan Mar 2022 #58

I have been reading your posts your entire tenure on DU Thtwudbeme Mar 2022 #61

We do understand that. MineralMan Mar 2022 #65

My Dad was an insurance underwriter, my Mom was a teacher Thtwudbeme Mar 2022 #66

Oh, never mind. You are not paying attention. MineralMan Mar 2022 #67

Which part was I not paying attention to? Thtwudbeme Mar 2022 #69

20209? MineralMan Mar 2022 #77

I'm a boomer. Computers and televisions are cheap now. hunter Mar 2022 #86

I agree. I'm trying to move but can't find a job Marius25 Mar 2022 #44

What kind of job are you looking for and where do you want to live? MineralMan Mar 2022 #46

Trying to find something remote right now. Marius25 Mar 2022 #48

I don't know anything about either hotels or theater, MineralMan Mar 2022 #59

Yeah, I had also thought about going into medicine Marius25 Mar 2022 #74

Ok, Boomer SYFROYH Mar 2022 #45

I'm not actually a boomer. I was born in 1945, MineralMan Mar 2022 #47

I hope he has more to add Thtwudbeme Mar 2022 #52

I AM a Boomer- Please stop writing that and really respond Thtwudbeme Mar 2022 #51

It won't help anything Sympthsical Mar 2022 #62

Then write it. This damned Boomer is upthread slugging it out for you guys Thtwudbeme Mar 2022 #63

I did above Sympthsical Mar 2022 #64

I read it. This one almost needs a spreadsheet to get it. Break it down: Thtwudbeme Mar 2022 #68

Barring temp economic conditions, Real Estate is going to go up in value almost in perpetuity. Calista241 Mar 2022 #70

One of the worst things about getting old Mr.Bill Mar 2022 #71

Yup. I try to remember that. MineralMan Mar 2022 #73

No, one of the worse things about getting old is pretending that you Thtwudbeme Mar 2022 #75

I have middle aged grandchildren Mr.Bill Mar 2022 #76

like that butt naked walk to school in the snow pstokely Mar 2022 #83

Many of us made it because our parents died and left us property and money. We get a nice rent Autumn Mar 2022 #85

You apparently didn't fly much... brooklynite Mar 2022 #80

I flew a lot during that Golden Age. Mr.Bill Mar 2022 #84

Here's a question: people here endlessly complain about businesses maximizing their profits... brooklynite Mar 2022 #81

Probably nobody has done that. MineralMan Mar 2022 #82

Actually, my parent's landlord did that before she went to a nursing home. haele Mar 2022 #93

Now, to take the ferry cost a nickel. And in those days, nickels had pictures of bumblebees on 'em. Hassin Bin Sober Mar 2022 #87

Well, this time, at least, you've included the entire quote from "The Simpsons." MineralMan Mar 2022 #88

Ten points for best response. progressoid Mar 2022 #99

Biden has explained that this is just transitory. fescuerescue Mar 2022 #91

Yeah, maybe. MineralMan Mar 2022 #92

Last month we paid $339 for 100 gallons of heating oil. redwitch Mar 2022 #94

We put on sweaters and turned down the thermostat. MineralMan Mar 2022 #95

We had already done that. redwitch Mar 2022 #96

It should drop. MineralMan Mar 2022 #97

Upstate NY too. redwitch Mar 2022 #98