this post was submitted on 03 Feb 2024
375 points (98.0% liked)

News

23275 readers
3549 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

Americans are living through the toughest housing market in a generation and, for some young people, the quintessential dream of owning a home is slipping away.

Mortgage rates surged in recent years, hitting the highest levels in more than two decades last fall. While rates have come down slightly since then, home prices remain painfully elevated and a limited inventory of housing is still failing to keep up with demand. Such conditions mean that housing has become woefully unaffordable.

Falling mortgage rates in recent weeks have helped, but home prices could remain sticky, according to economists. It’s still a cruddy time to be hunting for a home, but it’s even worse for young, first-time buyers who need to save up for a down payment and build up their credit score during a time when Baby Boomers are refusing to part with their big houses.

The situation isn’t a whole lot better for renters, with rents barely coming down from record highs and half of tenants in that market saying they can’t even afford their payments.

The uneasiness over America’s affordability crisis is captured clearly in surveys and polls, but data that outlines the sentiment specifically among young people is limited.

you are viewing a single comment's thread
view the rest of the comments
[–] OpenStars@startrek.website 6 points 9 months ago (2 children)

The trolly problem is designed to teach us that no matter what lies in front of us, we have to make choices. So whatever THEY did then, what will WE do now?

The answer ofc is that the USA will elect Donald Trump a second time. I wish I was kidding but... we are starting to see that there's a good chance of that at this point. We might have to find out whether a President can run the country from a jail cell, or if that acts as a "I can get away with rape" card, or what. We've got some tough choices coming our way...

One thing I've been expecting for awhile now to start seeing - just b/c it has happened before, therefore is inevitable to happen again - is corporations making some living arrangements as a "perk" of doing business. Some places do this already, but as the competition drives towards making that an option, corporations could buy out a building for that purpose, then offer an "optional" subsidized living arrangement (as in technically you could turn it down, assuming you had somewhere else to go). That way we, focusing on those in the USA for a moment, would have all of salary, medical care (possibly including preexisting conditions), and then living arrangements all tied up in your workplace. Thus if the boss says suck my... whatever, you do it, b/c you cannot afford to become literally homeless - especially with the pandemic (almost plural at this point) of the unvaccinated greatly increasing the chances of actual death. So that's slavery in the good ole USA, but also a step towards that elsewhere in the rest of the "Western" world as well (and the Eastern world already offers that iirc).

[–] bigMouthCommie@kolektiva.social 5 points 9 months ago (1 children)

the trolley problem is designed to teach us the nature and limits of our moral framework. the first iteration tests for consequentialism. each iteration after that tests the limits of that consequentialism.

[–] OpenStars@startrek.website 2 points 9 months ago

Ah yes, the REAL (meta-)reason for it - yeah I just said it super poorly there, as in it "is often used for the purpose of illustrating that".

[–] ghostdoggtv@lemmy.world 1 points 9 months ago

Lmfao "we all have choices, and here's why Trump is gonna be the next president" welly welly well