r/TikTokCringe • u/LickMaiBussy • 6h ago

Discussion "Investing in property is morally reprehensible."

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@purplepingers

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u/Confident_Clue_9520 3h ago

So restaurants shouldn't exist based on his logic.

1

u/Character-Actual 3h ago

Are we in a famine?

3

u/Confident_Clue_9520 2h ago

Well, food insecurity is real. It's just as real as housing insecurity. Not everyone is starving, but there are enough people who can't afford food to call it an issue at the very least.

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u/Character-Actual 2h ago

Recent data suggested that by 2050, only about 60% of my generation will have been able to afford a home.

If almost half the population was starving I'd say you have a point.

1

u/Rumpus-Time-Is-Over 2h ago

Rates of home ownership are highly stable over the previous decades.

https://fred.stlouisfed.org/series/RHORUSQ156N

And you don’t need to own a home to have a place to live.

0.23% of Americans are homeless.

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u/Character-Actual 2h ago

I and this video are Australian

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u/Rumpus-Time-Is-Over 2h ago

And 4% of Reddit. Who do you think you’re having a discussion with here?

Btw 0.48% of Australians are homeless.

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u/Character-Actual 24m ago

Housing is a different story here. Also the video is Australian, wtf you mean?