Message from @brownin

Discord ID: 574166599037222922


2019-05-04 09:16:51 UTC  

They give all of us NPCs monikers like that

2019-05-04 09:20:13 UTC  

just stop spending $22 on toast, you'l be able to afford a $1m house in no time!

2019-05-04 09:20:25 UTC  

^ true

2019-05-04 09:20:32 UTC  

* by the time you save your deposit, the $1m will be $1.4m

My Nepali mate feels guilty eveytime he buys a can of coke.

cus his Dad has always made a point that he's never dropped the 35p on a can of anything.

That's Thousands of pounds

2019-05-04 09:22:53 UTC  

Consumer goods have gotten way cheaper relative to wages since our parents' generation

2019-05-04 09:23:10 UTC  

Meanwhile house prices have roughly trebled since 2000 in the places where jobs are

2019-05-04 09:25:01 UTC  

Or artificial land scarcity due to NIMBY policy

2019-05-04 09:25:05 UTC  

Correct

2019-05-04 09:25:14 UTC  

And the taxation of income instead of land value

2019-05-04 09:26:59 UTC  

Boomers love memeing about how hard they worked to build up their wealth but literally all they did was buy housing was cheap and own it through massive growth periods

2019-05-04 09:27:25 UTC  

This is like 2/3 of the median 60-65 year-old household's wealth in most places

2019-05-04 09:29:53 UTC  

Meanwhile today's generations take on debt for tertiary fees 3x higher than 1996, then the relevant jobs are in cities with impossibly-high house prices, so they spend a much longer time paying rent (a generational transfer up to the boomers, by the way), and when they do gather enough for a mortgage they sink a large chunk of their lifetime income on paying interest. All while paying income tax the whole time.

2019-05-04 09:30:27 UTC  

These are the boots holding upward mobility down: tertiary fees, rent, income tax, mortgage interest

2019-05-04 09:31:06 UTC  

Solutions: tax land value, cut income tax, deregulate land use, murder NIMBYs

2019-05-04 09:31:12 UTC  

Thx for coming to my tedtalk

2019-05-04 09:33:04 UTC  

You live next door to your parents, if they’re still healthy WTF πŸ˜…

2019-05-04 09:34:02 UTC  

3-waters infrastructure, local roads, zoning legislation & decision-making, community services, parks?

2019-05-04 09:35:11 UTC  
2019-05-04 09:35:19 UTC  
2019-05-04 09:35:25 UTC  

I mean, it's obviously paying for something

2019-05-04 09:35:31 UTC  
2019-05-04 09:35:33 UTC  

Go consult their finance info

2019-05-04 09:35:59 UTC  

Tell us which parts of their spending is pointless

2019-05-04 09:36:17 UTC  

we live in a society

2019-05-04 09:36:32 UTC  

Dude

2019-05-04 09:36:37 UTC  

My eyes look fucking cool

2019-05-04 09:36:50 UTC  

I’m inebriated enough that I don’t really recognize my face as my own

2019-05-04 09:36:54 UTC  

I forgot what it’s called

2019-05-04 09:37:07 UTC  

Something to do with mirror sensing

2019-05-04 09:37:35 UTC  

But looking in the mirror I’m reminded how cool my eyes look

2019-05-04 09:38:48 UTC  

it's all good

2019-05-04 09:38:58 UTC  

you don't like the things the council spends money on

2019-05-04 09:39:11 UTC  

some of them I'd prob agree with, some are probably pointless

2019-05-04 09:40:28 UTC  

I just find "we're paying Β£100/mo for nothing!!" to be a little empty

2019-05-04 09:45:57 UTC  

My council spent over a million on a magna carter celebration day

2019-05-04 09:47:39 UTC  

Still can't spell