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Economy

In reply to the discussion: Dr. Housing Bubble 11/30/14 [View all]

Warpy

(114,525 posts)
1. No, the kids aren't all right, and neither are most of their parents.
Mon Dec 1, 2014, 12:10 AM
Dec 2014

Costs keep rising every single year but wages either haven't risen in absolute terms or have even declined, depending on what the job is.

99% of the working public are being systematically robbed every year they stay in the workforce. Kids who can't leave home are just one symptom. Pent up demand with a record number of empty houses is another symptom.

Something has to give and it can no longer be labor.

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