this post was submitted on 01 Dec 2023
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A Boring Dystopia
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I'm afraid that if the things keep going as projected (and such technologies will help), our kids would be super envy of us having a mortgage-funded place of our own to begin with.
I also see that. as much as I would love to have been born earlier I clearly see being born later is worse and worse. In my parents time part of the "dream" was to own a home free and clear. I decade or so back I realized young folks did not even understand that. The dream was warped to be to just have a mortgage backed place at all. It feels like now its the eternal mortgage that doesn't do anything more but protect against sudden rent spikes. I foresee the dream becoming just renting a place of your own without roommates.
The latter is already happening in many regions. Some people even try to look positively on it, but it's clearly an "own nothing and be happy" mentality