Remind me again why capitalism is a good thing?

Remind me again why capitalism is a good thing?

With all the technology we have today and we've actually gone backwards in affordability...

inb4 blaming immigrants.

Other urls found in this thread:

zillow.com/homes/recently_sold/99948-_price/356-_mp/any_days/globalrelevanceex_sort/41.463963,-81.928107,41.454845,-81.94892_rect/15_zm/
youtube.com/watch?v=ENG7PEvByOE
twitter.com/AnonBabble

Capitalism is good if you're not a worker. If you're a worker, you'll be working for shlomo, and shlomo will also sell you debt so you can buy that house built by another worker but sold by shlomo

>inflation
the bottom products are both superior to the top. We just get better things.....that house has a garage and 2nd floor!

>implying the top car and house aren't perfectly adequate for a family

You're so cucked by the consumer jew you don't even notice

>doesn't even have a high school level grasp of basic economics

How can I tell you're a Bernie voter

$5,000.00 in 1976 had the same buying power as $21,154.23 in 2015

$39,000.00 in 1976 had the same buying power as $165,003.03 in 2015.


Housing prices have been drastically inflated.

>there is only 1 type of house and 1 type of car on the market

Weeeeew

adequate, sounds like a commie word

we have deviated further and further from capitalism since the '70s

there is only 1 type of house in the market if you want your kids to go to a good school and to be away from niggers and a reasonable commute from work.

You have no idea what you're talking about. Within a single neighborhood there is substantial variety of domiciles available for consumers to choose from. Do you want to rent or own? Do you want 2 bedrooms, 3 bedrooms, or 4? Do you want one and a half bathrooms, two full bathrooms, or two full and one half? Do you want single story, two story, and/or a basement? If you weren't a child you wouldn't make such retarded assertions.

where do you live that $200k houses are next to $400k houses?

you don't know shit.

Houses for sale within a quarter mile of each other, maybe do a little research before shitposting kid.

GUESS IM A SOCIALIST NOW

except-

higher population = more expensive houses

nicer trucks = more expensive

wew, lad

lol... nope.

after $400k you're in upper-middle, upper class range then it's fine to see that variation.

the difference between a $200k house and a $400k is much greater than a $400k and a $700k.

Honestly man

After spending about 5 seconds on zillow I found this:

zillow.com/homes/recently_sold/99948-_price/356-_mp/any_days/globalrelevanceex_sort/41.463963,-81.928107,41.454845,-81.94892_rect/15_zm/

The houses might not be literally right next to each other, but within this one mile area you have houses ranging from 155k to 625k that have recently sold.

Okay, here's what happens when you go east for a couple of blocks. All within the same neighborhood.

yea mate. those are in different school districts.... that's why they are priced differently mostly.

congrats you found a rich neighborhood next to a poor one

> People started turning the housing system into lifetime investments
> How dare they!

those two houses must be out of date... i bet you can buy them do the kitchen and bathrooms and they'd sell for the same amount as the others.

Communism never solved housing. Ever heard of trabant or yugo?

Lol, no they're not. Look at holdens arbor run. On literally the same street you have one house that sold for 155k another sold for 360k. Try harder next time.

You are a lying sack of shit, and a desperate one at that, you're wrong, you've been demonstrated to be wrong multiple times, just kill yourself.

fine you won this round but that's besides the point anyway.

still you have to work 2x the years to get a better house. We should have houses that are 50% cheaper than 1970s... the cost of everything should've gone down due to massive technological advance.

the fact that we're even having this discussion proves my point.

Real capitalism has never been tried.

>implying that houses prices aren't due to over regulation
>implying that most products haven't massively increased in affordability and usability in the same period of time
>implying that you would even have a computer if not for capitalism

This. Human always consume as much as he's able to afford.

>still you have to work 2x the years to get a better house.

There are also 100 million more people in this country then in 1976, land supply is a set variable and as the demand for land increases so will the value.

>the fact that we're even having this discussion proves my point.

Kafkaesque arguing like this demonstrates that you're a fucking moron.

The problem is that housing prices aren't dictated by technological advances. They're mostly dictated by location.

You want to buy a cheap house? It's pretty do-able, but you'll just be living at least an hour away from anywhere or in the middle of a bad neighborhood. Want to live in a nice suburb or in the heart of the city, that's what will really cost you.

capitalism only works with strong union participation and social safety nets

>buying houses
Thats your problem. Buy land and build your own house faggot.

Why is small percentages of inflation considered healthy?

Why not maintain 0 inflation?

Then he will tax you for it the rest of your life. You will not escape his Jewish debt. EVER!

/thread

Discourage hoarding and stagnation I think

Not true at all.
Capitalism always works except when a country restricts their people with regulation and globalizes. Social safety nets are the worst thing to have ever happened. It requires a constant growth of population size. This is one big reason we have so many immigrants.

>Buy land
>Think you own it
>Default on your property taxes because something out of your control like getting cancer
>Oh vey there goyim you didnt think you actually owned that land did you we are gonna have to take it from you and sell for 100x the tax price you owe to make up for you not paying

>Remind me again why capitalism is a good thing?
Because it is.
>With all the technology we have today and we've actually gone backwards in affordability...
That's what happens when you fall for the ''to big to fail'' meme and spend billions of tax dollars on bailing out the banks. There is no such thing as to big to fail in capitalism
>inb4 blaming immigrants.
Blame the money changers.

>Housing prices have been drastically inflated.
This is what happens when you have banks lending money to every one. You have idiots that really can't afford a house buying a house anyway (lol cheap money) and driving up the prices.

kike shill detected

Why is that like twice the house? Maybe 2.5x...

the Federal Reserve's infinite money printing is NOT capitalism

well the house above has only one floor
while the one down has two floors and a garage.

I guess double amount of time spent working justifies when you get double

Because then the usury wouldn't work my friend.

Why is every founding father so based? Was it something in the water back then?

GSEs and infinite money machines ruined it.

Why cant you blame both? Immigration and Capitalism are highly correlated. Not everything is so black and white you fucking fag.

That quote is not attributable to TJ, even though he probably would have agreed with it.

They sat on the porch, smoked weed and reflected about life and the jewry in Europe.

Why do you think its illegal?

>implying that most products haven't massively increased in affordability and usability in the same period of time
It doesn't matter if the most important one, a house, has gone up by hundreds of thousands of dollars

Shh, everything is true on the internet.

It's true that housing prices have increased faster than wages, while your image actually shows that cars became more affordable. However, the median home price then vs. the median home price now is not exactly an apples-to-apples comparison, for three reasons:

1. The median house today is ~2x the square footage of the median house in the 1970s. People just want bigger homes for whatever reason. You'd have to make sure to compare two houses the exact same size for a real comparison.

2. There has been a multi-decade trend of people moving out of small towns and into large cities. The "median" house today is closer to a major city than it was in the 1970s, and thus, to get a fair comparison, you'd have to make sure to look at a house in a city with the same population, demographics, median income, etc. in both decades.

3. Interest rates are at historic lows today, compared with 10%-20% in the 1970s. My dad's friend's first mortgage had a 14% interest rate and you can get ~3.5% today. So it's entirely possible that the "median mortgage payment", so to speak, is more affordable compared to incomes today than in the 1970s. However, I would concede that the initial downpayment is more of an issue today, which wasn't a problem in the 1970s.

And the house is all drywall with shit insulation, electric and plumbing, held together with plywood short screws and subpar lumber.

The car is slightly more fuel efficient, however with all of the new sensors your need to go to see a technician fairly regularly to keep it operating. And far more likely to kill/injure you in a wreck.

These two houses are
40k
150k
respectively where I live

not sure what backwards retarded area you live in where that house on the bottom is anymore than 200k.

And also not to mention 1976 there was one average household income (the male)
Now most families have two members with careers so even worse case scenario that house is 5yrs of wages, and who the fuck only makes 36k a year, that's like being a full time mcdonalds employee

Except that is both fake and gay.

Read their harvest notes, leafnigger.

>10 years of wages
>not factoring in mortgage costs

>$364k
>10 YEARS of wages
U wot m8

he factored in the average wage you dumb fucks

>immigrants dont exacerbate the problem
immigration policy is one of the tools globalist corporates use you silly shit

What's up fellow Austinfag

OP hates capitalism because he's a useless retard and $36k/year sounds about right to him

>not sure what backwards retarded area you live in where that house on the bottom is anymore than 200k.

That's called living in a relevant big city

you know I thought this jew meme was just a meme, but I've noticed at my job a lot of higher ups are jewish

>Living in the USA
>Living in the third world

youtube.com/watch?v=ENG7PEvByOE


Also it seems they have scrubbed that Boris Yeltsin going to an American supermarket and literally jizzing his pants.

Capitalism! Technology! Immigrants!
OP just likes using moderately sized words.

...

Because they are Yuros m8

You're proving capitalism right... it's the anti-capitalistic government that caused the dilemma you presented.

>hurrr I need a brand new car every year, same with a home hurr
It's an investment. You buy one and you're done for life for a home and a good 20 years with a car. You save up to buy things, if you can't afford it find another product. It's personal choices and responsibility.

You can thank Jew "investors" who jack the prices up. Everything eventually can be pinpointed to the Jewish influence.

>hurrr I need a brand new car every year, same with a home hurr
that's not even the implication of the image or post...

reading comprehension buddy

consider the following:

so we have a constant stock of money and a constant stock of goods.

lets say with technological progress, we can create more goods.

now there's the same amount of money for more goods. prices have to adjust downwards to accommodate that.

this means businesses receive a lower nominal income, while the nominal value of their debts remain the same.

this means businesses have to decrease wages, which workers tend to resist.

these two things can cause a lot of economic trouble.

so as more goods are created and the economy grows, it is better to expand the monetary supply as well.

The tech and the number of accessories found in a new truck isn't comparable to that of old. Old trucks are just a box of metal with an engine. Also you can find a home much cheaper than that depending on where you live.

This is beyond hypercapitalism, were deep into corporatism because everyone let this get out of hand, you sissy commie apologist
Maybe if you faggots got up off your asses and actually did something other than complain, we could put a stop to shit like this

>wagecuck

It's all about fiat money inflation. The money is worth less than it was in 1976.

And we all know why....

>single family home
>360k

but
WE'VE
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'V
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GOT
O
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SMARTPHONES
M
A
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P
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NOW
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Isnt that the truth brother.