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The New Coffee Room

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  3. RFK names the three corps that control the world

RFK names the three corps that control the world

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  • jon-nycJ Offline
    jon-nycJ Offline
    jon-nyc
    wrote on last edited by
    #21

    The main driver of housing price increases are local regs. Zoning #1, and construction regs #2.

    "You never know what worse luck your bad luck has saved you from."
    -Cormac McCarthy

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    • 89th8 89th

      @taiwan_girl said in RFK names the three corps that control the world:

      @George-K Same with college. I was talking to a friend and he said that when he graduated (I think early 90's), his starting salary was just a bit less then his 4 year costs.

      Now, I would say the college costs are much higher than a years salary.

      Big time. If the cost of college kept up with inflation it would be flat with the black line:

      44478b66-9e20-486d-9d50-622c1c472d76-image.png

      LuFins DadL Offline
      LuFins DadL Offline
      LuFins Dad
      wrote on last edited by
      #22

      @89th said in RFK names the three corps that control the world:

      @taiwan_girl said in RFK names the three corps that control the world:

      @George-K Same with college. I was talking to a friend and he said that when he graduated (I think early 90's), his starting salary was just a bit less then his 4 year costs.

      Now, I would say the college costs are much higher than a years salary.

      Big time. If the cost of college kept up with inflation it would be flat with the black line:

      44478b66-9e20-486d-9d50-622c1c472d76-image.png

      Inflation isn’t the metric used in @George-K and @taiwan_girl s post.

      The Brad

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      • 89th8 89th

        image.png

        One could argue the current housing spike of prices "must" go way back down towards the moving average.

        Also, if house prices kept at pace with inflation, the average home today would cost $178k, not 408k. Full article here: https://anytimeestimate.com/research/housing-prices-vs-inflation/#housing-vs-inflation

        LuFins DadL Offline
        LuFins DadL Offline
        LuFins Dad
        wrote on last edited by
        #23

        @89th said in RFK names the three corps that control the world:

        image.png

        One could argue the current housing spike of prices "must" go way back down towards the moving average.

        Also, if house prices kept at pace with inflation, the average home today would cost $178k, not 408k. Full article here: https://anytimeestimate.com/research/housing-prices-vs-inflation/#housing-vs-inflation

        That’s not a one for one comparison. To be applicable, you would need to go back and compare a new house constructed in 1980, and the construction cost of building the same house with same materials, same furnace, etc… as today. Please also factor in the rising cost of land, which is not a straight line investment due to the limited nature… They can’t make more.

        The Brad

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        • JollyJ Jolly

          Aside from the silly handwaving (Barge? Silly boy!), the fact remains that we do have a problem. It may not be exactly what RFK says, but it is a concentration of too many homes and too much wealth under too few people.

          Been a long time since America was in the Trust-busting business. Maybe it's time we got back in it.

          AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote on last edited by
          #24

          @Jolly said in RFK names the three corps that control the world:

          ... it is a concentration of too many homes and too much wealth under too few people.

          Been a long time since America was in the Trust-busting business. Maybe it's time we got back in it.

          "Occupy Wall Street."
          You missed it.

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          • JollyJ Offline
            JollyJ Offline
            Jolly
            wrote on last edited by
            #25

            Different.

            Thanks for playing.

            “Cry havoc and let slip the DOGE of war!”

            Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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            • Doctor PhibesD Offline
              Doctor PhibesD Offline
              Doctor Phibes
              wrote on last edited by
              #26

              So the British Royal Family aren't lizards?

              I was only joking

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