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[quote=millennial][quote=FlyerInHi]
Educated young professionals are moving to big metros all over the world. One day we will be like Japan where prices in Tokyo at high but where the small towns are dying.[/quote]
I agree. I think values have shifted and will continue to shift. People are having less kids because they are no longer a necessity or part of the norm. Most of my friends aren’t married yet and will probably start marrying and having kids in their late 30’s/early 40’s. In places like Japan and Korea its been the norm for kids to live with their parents until they get married since housing is so expensive.[/quote]
Yeah and that’s why this whole comfortable retirement for the masses belief is going to be a giant myth. If you depend on someone else’s kids to provide you resources in retirement you’re going to find that you’re pretty far down the list of their priorities. Some might be able to acquire enough assets to collect rent on but the masses won’t.
[quote=livinincali]
Yeah and that’s why this whole comfortable retirement for the masses belief is going to be a giant myth. If you depend on someone else’s kids to provide you resources in retirement you’re going to find that you’re pretty far down the list of their priorities. Some might be able to acquire enough assets to collect rent on but the masses won’t.[/quote]
Japan is doing fine so far by their elderly. Why would we jump the gun and implement solutions to non existent problems? We have immigration on our side… that’s the real solution lots of Americans want to deny.