this post was submitted on 22 Apr 2024
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A Boring Dystopia
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Of course, the general standard of houses decline the further back in time you go, but houses were a lot cheaper back in the days. Below is a figure of housing prices in Norway relative to wages at the time (mirroring the situation almost everywhere in the west):
Factoring in the increased production capabilities over the same period of time, the construction cost of houses are not that much higher. If we designed our communities better and had a better system for utilizing the increased labour power, we could have much more affordable housing and more beautiful and well functioning societies.
Do not let it sit right with you. This future was stolen from you.
Gods, and that's Oslo too. I couldn't imagine even renting there today.
Yeah, it is terrible :-( On average anyone who simply had grandparents living in Oslo has 1 000 000 NOK (about 100 000 USD) higher net worth than those that did not due to this increase.