Ioper
18hr ago
I've always thought of this as a class issue. The educated class imparts the knowledge of which degrees are ok to their kids while the working class gets taken for a ride by the education industrial complex, ending up with useless or unfinished degrees, a bunch of debt, a sense of failure and missed earnings.
Ioper
18hr ago
Inflation adjusted housing costs in Stockholm have risen +500% in the last 30 years, and its not like it was some thirdie shithole before.
Ioper
2d ago
Are they worse off? Queues are certainly good in some situations but I'm not sure that holds true for bus stops.
You might think that but you would be wrong.
What has happened is very limited construction, large population growth and a massive credit expansion, leading to a price spiral. Cost increases in housing almost all exclusively comes from increases in land prices. Building is relatively cheap.
The vast majority are living in housing that was built before the 35 year price rally, not a single subway station has been added during that entire period.
Some people, like my family, have won big and are now (dollar)multimillionaires, due to no effort of our own. Others, like people from out of town or their children are just fucked.
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