The government would rather a few percentage of its population suffer than add a windfall profits tax to the corporations. The powers that be do not want everyone realize this shit is all because of greedy corporations.
That doesn’t make any sense. The housing sales market is enormous. Much more than the amount of “upper crust” buyers. The rich aren’t buying them all, and the investment/landlord buyers can only afford them if the actual renters pay the bills which would not be the “upper crust” super wealthy. Therefore the statement that 99% can’t afford them must be false.
Imagine you have 10 people. 1 has $100, 2 have $50, and 7 have $20. Now imagine you have 10 stores selling pants. 1 store has a few pants for $50, and a bunch for $10. 1 store has a few pants for $80 and a bunch for $25. 8 have pants for $30, $25, and $10.
In this scenario, the median wealth is $20, and in all but one store the median price is $25. So in 90% of stores, the median pants cost more than the median amount a person can spend. BUT, all but one still have plenty of pants that cost less than the median. Given this, you wouldn’t say “90% of people can’t afford pants”.
You’re right. This is just an example to illustrate the statistics involved. At this point it doesn’t seem like you’re continuing this debate in good faith.
All I’m saying is it makes no sense. People keep buying houses which they couldn’t do if they were unaffordable. And it’s not just 1% that are using those houses. If those houses are bought by the 1% and rented to the 99% in order to pay the house off that means it is not unaffordable to the 99%.
You’re right, and that’s not what’s being claimed. It’s just saying that in 99% OF MARKETS, the median price exceeds the means of the median income. This isn’t really that surprising, actually. In a perfectly balanced market, you’d expect the median price to be exactly equal to the affordability of the median income, so about 50% of markets would be above this value, and 50% would be below it.
It’s probably also true that a far greater percentage of markets are affordable if you look at median income vs 45th percentile home cost, or 55th percentile income vs median home cost.
All this means is that if you make median income, you’ll probably need to buy a house that’s below median price.
This sucks. A similar thing seems to be happening in California because of the wildfires. I heard someone on a podcast recently say that it’s like “the market” is responding to climate change before governments do. Which sucks, because it’s haphazard and profit driven, so the least responsible and least protected people will likely be hit the hardest.
(Edit: don’t see how this has anything to do with desantis or his policies? Am i missing something?)
Yeah I think it is just people hating on floridians because bad politics man bad and so the people there supposedly deserve any bad thing that happens?
...but the attorneys general did suggest that Target might find it "more profitable to sell the type of Pride that enshrines the love of the United States."
… wait until they insist on selling the “Murica, Fuck Yeah” flag-printed ammunition next to the toy section. The casings being anodized in waving flags with an eagle.
They’re absolutely ignoring the fact that you can walk into any retailer and buy flag plastered merch all year round, but most of them only sell “Hey, maybe other people deserve to exist too?” stuff from June 1st to June 29th.
I bet that Convicted Sex Offender Treason Trump lives near the ocean so that Putin can send a submarine for him when he needs to flee the country because a court ordered his house arrest. That's the travel ban that Treason Trump is concerned about the most.
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