Content pfp
Content
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Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
The fiat system is unsustainable
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George🫡 pfp
George🫡
@coffeecowboy.eth
Would this be solved by eliminating the red tape surrounding developing?
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Adam pfp
Adam
@adam-
Boomers love to talk about how back in their day interest rates were much higher, but what they almost always fail to talk about is that the principle was a fraction of what it currently is.
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Cool Beans 🌞 pfp
Cool Beans 🌞
@coolbeans1r.eth
My pops bought his house in SF for 40k in 1983 lol now it's like 1.5mil lololol so fukked
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Owlito🎩 pfp
Owlito🎩
@owlercoaster
🫥
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Daniel Ribeirinha-Braga pfp
Daniel Ribeirinha-Braga
@dbragz.eth
This could not be more true. People don’t understand that the system is literally shooting the average person in the foot and you really need to go out of your way to become financially educated. Thanks for sharing!
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David Ryan (drcoder.eth) pfp
David Ryan (drcoder.eth)
@davidryan
Can you display the home price / household income ratios on the graph?
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IP pfp
IP
@ivanpomidorov
It has nothing to do with the fiat system it has everything to do with supply and demand. Demand for housing hasn’t kept up with supply. The demand was fueled by ultra low interest rates for the last 10 years so we’ll see what happens to demand if rates don’t decline
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Big Baby Duba pfp
Big Baby Duba
@shortdickman
Why so!!! Why so!!!! Because everyone now really rich?
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lil saturn | gm.⌐◨-◨ pfp
lil saturn | gm.⌐◨-◨
@lilsaturn
3.6x annual earnings vs 6.8x annual earnings 1.75x increase less than ideal…
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Yusuff pfp
Yusuff
@hysolac
$FCKN cool
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Crypto Whyte pfp
Crypto Whyte
@cryptowhyte
Wonder what the 74 k salary is like after inflation has been accounted for…. The buying power of the dollar is just not there anymore
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quitters pfp
quitters
@quitters
What does this have to do with fiat? The situation is multifaceted and nuanced, but by-and-large caused by a culture of treating a human right (housing) as an investment. Crypto doesn't solve exploitation. Regulation does.
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OverHere pfp
OverHere
@overhere
Completely unsustainable, and I fear it's only getting worse all the time
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AfroRick pfp
AfroRick
@afrorick
Honestly, I'm not sure we can blame this one on the fiat system. Scarcity because people aren't selling, decreases in new home construction, and new business models where companies are buying inventory and renting it to people are the biggest threats to home affordability. Much more than fiat.
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Jina 📄👾 pfp
Jina 📄👾
@jina
It's the same in Korea It's tripled here in five years, too
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Chessmaster pfp
Chessmaster
@chessmaster
Bonkers
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The Ronin pfp
The Ronin
@theronin
Very true, the biggest scam and lie in the world
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Christopher 🧪📂 💨📦 pfp
Christopher 🧪📂 💨📦
@cialonecodes
Agreed - as decentralized developers we will be remembered as the builders who had the ability to correct the centralization problem, or the ones who shrunk from their duty to save civilization from total tyranny and complete control. ‘We must hang together, or we will most assuredly, hang separately’
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Munshi Khan pfp
Munshi Khan
@munshikhan
Please give me design🙏🙏
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