• SpaceNoodle@lemmy.world
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    8 months ago

    What happened to the 2000s?

    Al’so, we’re apo’strophe’s on 'sale or 'something?

    • glimse@lemmy.world
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      8 months ago

      The 1990s: Correct

      The '90s: Also correct as you’re abbreviating the above.

      The 90’s: Incorrect but I understand the mix-up.

      The 1990’s: Totally wrong in every way

        • glimse@lemmy.world
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          8 months ago

          Then you write The 90s’ like you would with other words ending in S. “The 90’s” would be like writing “The new’s”

          It’s referring to the years between 1990 and 1999 so the 90s is already plural.

          • Cryophilia@lemmy.world
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            8 months ago

            Unless you’re referring specifically to something belonging to the year 1990? Can’t think of any sentence where that would occur.

    • Beetschnapps@lemmy.world
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      8 months ago

      The 2000s would be hard to sum up in a single photo without breaking the narrative. The family would be well off, getting fat and buying a McMansion. They would likely be just as culpable for the issues affecting those later decades.

      2000 - 2008: economic boom combined with lots of deregulation on Wall Street led to the creation of almost a trillion in off the books derivative investments which were repackaged and sold off so much that they became toxic despite looking fine on paper, and made you money. Keeping the whole thing going led to something of an 8% increase in subprime lending.

      Combine that with lots of folks from the 90s rampantly speculating on house sales, creating a housing bubble as they try to get rich by raising prices and flipping houses. Mix in even more deregulation and you get a Great Recession setting back a generation, in 2008. All while the folks who pushed the deregulation turn around and blame it on a president who wasn’t even inaugurated until 2009.

      • Pleb@feddit.de
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        8 months ago

        The 2000s are 20 years away, the 90s are 30 years away by now.

          • Pleb@feddit.de
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            8 months ago

            Popping the bubble is as much part of the joke as pretending it’s not been that long.
            Same with the people pretending the 80s were only 20 years ago.

  • Ultragigagigantic@lemmy.world
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    8 months ago

    The American dream is to be a middle man who takes a cut while adding nothing, to have a captive consumer (sometimes literally), or to be to big to fail or regulate.

    • NickwithaC@lemmy.world
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      8 months ago

      Nothing happened in the 2000s. That decade was “woo it’s the future!” Then “oh no 9/11!” Then BAM! 2010!

    • melpomenesclevage@lemm.ee
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      8 months ago

      Well, it was kind of turbulent? Artificially inflated so people thought they got homes, then they suddenly didn’t.

      Its pulling misleading outliers from your data set. In meme form.

  • KevonLooney@lemm.ee
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    8 months ago

    The apartment in the 90s is possibly the most expensive place to live. Also, this skips the 00s.

  • htrayl@lemmy.world
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    8 months ago

    Average new home in 1960: 1300 sq/ft. (without garage)

    Average new home in 2020: 2600 sq/ft (+ 2-3 car garage)

    Average household size in 1960: 3.4

    Average household size: 2.5

    Number of households with 2 or more vehicles in 1960: 22%

    Number of house holds with 2 or more vehicles in 2020: 59%

    Ya’ll, I don’t know how else to explain this - the reason home ownership and cost of living is expensive is very straightforward. We don’t build or accept smaller homes, we don’t build enough of them, and we spend far more on vehicles.

    Edit: if you want affordable housing, advocate (aka vote, canvas, donate) for candidates in your local government that support -

    • Zoning and regulations that benefits smaller home sizes.
    • Zoning that permits denser and missing middle development (for less need for vehicles)
    • Zoning that permits mixed use development.
    • Land Value Tax
    • Reduced or eliminated parking minimums
    • Bike infrastructure.
    • melpomenesclevage@lemm.ee
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      8 months ago

      Okay so I’m with you on walkable cities being good, but everything else you said is offensively fucking wrong.

      • MisterFrog@lemmy.world
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        8 months ago

        Care to elaborate on what you felt was offensively fucking wrong?

        You agree with walkable cities but:

        • Want large houses (needing more space, spreading things out)?
        • Don’t want denser zoning?? (How are ya gonna walk somewhere with everything spread out)
        • Hate the idea of a corner shop. (Love driving just to get a few small food items)
        • Dislike taxes (how will you pay for your infrastructure? There’s a reason US cities are crumbling, they’re too spread out, so land taxes don’t cover the maintenance bills)
        • Like carparks
        • Hate bikes
        • melpomenesclevage@lemm.ee
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          8 months ago

          Bikes are cool!car parks need to be torn down or converted to semi-indoor agriculture

          taxes are nice in theory but just get spent on cops (more on this later)

          Corner shops are fine.

          Denser zoning is good. Necessary. Important.

          More sqft maybe, but that’s only because we tend to jam more than one person per bedroom into apartments; a 1 BDRM would be lovely for most people.

          But all their solutions are electoral, and if electoralism was going to solve problems without a literal gun to its metaphorical head, it would have at least fucking started by now. If it were going to do what the majority of people want, I would live in a very different country (single payer healthcare federally legal weed few/no barriers to abortion, at least). Instead its moving away from all that.

          And proposing electoralist and government solutions is just complete bullshit. Its like actively harming a cause, I’d rather you be a screaming gammon shouting that I’m gonna go to hell for wanting a grocery store I can walk to; I genuinely think that would be more helpful.

      • copd@lemmy.world
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        8 months ago

        Don’t just say “it’s fucking wrong” without explaining yourself. It kills debates and it just looks like you’re salty and took the comment personally

        Take some time and continue the conversation

          • copd@lemmy.world
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            8 months ago

            Proof? Who’s talking about proof?

            You’ve twisted this topics conversation entirely, elaboration doesn’t necessarily infer referencing up your scientific sources. You can explain yourself, which I did more than the other comment.

            Anecdotes are okay but if you’re disagreeing with someone actually try to explain why, don’t just say they’re wrong.

            But thanks for your input.

    • keegomatic@lemmy.world
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      8 months ago

      This is a gross oversimplification and in part just illogical. Yes, new small homes would help everyone out. But compare house prices to purchasing power then vs. now. It’s absolutely incomparable to 1960. That’s not because of square footage. And car ownership as an input here makes no sense. The costs of a downpayment and mortgage are simply out of reach for many people irrespective of car count. I say all this as a homeowner.

      • intensely_human@lemm.ee
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        8 months ago

        Purchasing power is a function of how much you spend on rent, which is a function of housing supply relative to demand, which is a function of the zoning laws comment-OP referred to.

        purchasing power is a function of those zoning laws. When you disrupt the free market (like a zoning law that says you can’t put more than three units on an acre of land despite a hundred units being more profitable overall, just an example) people suffer and it gets worse over time. These effects build up.

        Government meddling in the real estate market isn’t the only thing affecting that purchasing power, but it’s in the mix.

        • htrayl@lemmy.world
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          8 months ago

          Just to be clear, I am not on the side of absolutely free market, but we have to recognize when certain policies are causing harm than good. For example, part of the increase is due to increased code regulations, but this is a good thing because it insulates (heh) consumers from from a number of hidden risks that the average consumer won’t self-mitigate.

      • htrayl@lemmy.world
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        8 months ago

        It really is not. I’m not saying there are no other economic challenges, but the vast majority of housing costs are effectively caused by this.

        Here:

        The median home price in 1960 was around 20,000. In inflation adjusted 2020 dollars that would have been close to 200,000.

        This puts the price per square foot prices within the $100-150 range.

        In 2020, the price per square foot was in the same range.

        Wages have remained largely static. To be clear, this is NOT a good thing as productivity has skyrocketed, but is beside the point for now.

        Effectively, the reason why people cannot afford a mortgage is massively influenced by the average size of home.

        Cars make this fact even worse. On the mid to low income side of the economic spectrum, car ownership can easily cost 30% of household spending. A two car garage easily adds 10%+ to home costs.

        • keegomatic@lemmy.world
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          8 months ago

          Hm, you know, you’re right, that’s a fairer point than I expected. I think what I hadn’t appreciated (but do now, after thinking through your reply) was how much “back-pressure” the new home construction puts on the market. The current median house price is about double that 200k-equivalent figure, and while the growth in median house size doesn’t directly account for all of that, the availability of new houses is effectively throttled by the size increase so the prices of all houses rise.

          I think it was hard for me to imagine, because I have a fairly small house (1800 sq. ft) bought recently, no garage, built in the 50s, oil heating (very old), and it was 600k. Which is massively expensive compared to 200k and has none of the “big excessive new house” traits you’ve mentioned. Median is median, though, I suppose.

  • phoneymouse@lemmy.world
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    8 months ago

    I get the point but not entirely accurate. The 90s and 00s were the golden age of McMansions.

  • tsonfeir@lemm.ee
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    8 months ago

    Did their children die and they just didn’t age? Did they breed for food? That sounds pretty sustainable. Hmmm. Consuming children for eternal life and being green at the same time!

  • Ech@lemm.ee
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    8 months ago

    I mean, I agree with the underlying complaint, but with the last example makes this come off as a bad faith right wing meme trying to blame the collapse of middle America on “woke” millennials instead of the inexcusable suppression of wages for decades and the greed-flation in every aspect of our lives.