If you buy an affordable house somewhere and external developments drive the price up, it doesn’t mean that you magically have the means to afford paying 5x as much for something you already own.
People don’t see homes as a place to live, they don’t consider community, family, proximity to work as important. Homes are “investments” and being priced out of your home is “good” because you can “sell it and move somewhere cheaper”. The dominant ideas of any era are the ideas of the ruling class.
That doesn’t mean he can afford the taxes?
If you buy an affordable house somewhere and external developments drive the price up, it doesn’t mean that you magically have the means to afford paying 5x as much for something you already own.
Sell it and live somewhere cheaper on your wealth. Oh nos the shitty market gave me 4 million dollars what ever shall I do!
Yeah because people love to be forced out of their homes. Does the amount of money really matter? It’s gentrification, plain and simple.
People don’t see homes as a place to live, they don’t consider community, family, proximity to work as important. Homes are “investments” and being priced out of your home is “good” because you can “sell it and move somewhere cheaper”. The dominant ideas of any era are the ideas of the ruling class.