this post was submitted on 21 Aug 2023
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Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?

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[–] [email protected] 103 points 1 year ago (3 children)

I honestly think were heading for a total societal collapse. If the people with power and resources were the sort that were inclined to use it for good, they would have done it already. Given that we haven't seen this, it's reasonable that this accumulation at the top will continue unabated and that more and more people will fall into poverty and despair.

This is a recipe for revolution, and revolution is largely incompatible with stability, especially in the near term.

I wish this wasn't the case. I suspect this century''s deaths will dwarf last century's.

[–] [email protected] 48 points 1 year ago (2 children)

Look at other countries. Huge slums / shanty towns get built and normalized long before revolution.

If you're living in a plywood shack, but still have a phone with data, some games to play, ebt / food bank to eat, you're not about to pick up arms. At least most people in that spot won't.

[–] [email protected] 40 points 1 year ago (2 children)

Maybe you're right, but it's also possible that people in those places have been living with those conditions all their lives and it creates a kind of apathy. If you take away everything from people who thought they'd have a kind of middle-class future, we don't quite know what that looks like yet. I suspect it won't be exactly the same.

[–] [email protected] 20 points 1 year ago (1 children)

The younger generations today are already giving in to that apathy.

[–] [email protected] 22 points 1 year ago (1 children)

We'll see what happens then. Apathy and despair is one possible combination. Anger and despair is another. They have very different results.

[–] [email protected] -4 points 1 year ago (2 children)

How many teenagers and twenty-somethings do you know? Do they seem angry or apathetic?

[–] [email protected] 4 points 1 year ago

Ask anyone under 20 about climate change. Zero faith that we're going to survive as a species

[–] [email protected] 2 points 1 year ago (2 children)

I think history is a better indicator of where human nature can go rather than current attitudes and trends.

[–] [email protected] 2 points 1 year ago

there is no smartphone , video games and internet in the past, so people get angry easily

[–] [email protected] 2 points 1 year ago

Great point. Historically life was orders of magnitude more difficult than today. There wasn't food banks or welfare. There wasn't computers and phones and cheap weed and alcohol to keep folks occupied.

Average people could stand a chance against a current military with just numbers.

Zero of those things are true today, so historically there is zero chance of a revolution today.

Again, really great point.

[–] [email protected] 2 points 1 year ago

Plenty of countries in the ME have already gone through this. Iran & Lebanon used to have a nice and solid middle class and damn free societies compared to what's there now. And all that within just the last century.

[–] [email protected] 5 points 1 year ago

No way, I think we are going to find out that circus is more important than bread, very soon. When people start needing to eat expired food and bugs, they won’t revolt as long as they have TikTok etc.

[–] [email protected] 2 points 1 year ago

god i only hope.