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21 sats \ 7 replies \ @SimpleStacker 22 Aug \ parent \ on: "Housing prices are not high by any historical standard" - evoskuil econ
Haha, that's why I said "I don't know who Voskuil" is... because I was wondering if he's an economist. A lot of economists love being massive contrarian dickheads.
He's the current main dev of libbitcoin and author of Cryptoeconomics Fundamental Principles of Bitcoin.
He's definitely contrarian.
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Cool... I can respect his contributions to bitcoin, but he's wrong on housing.
If his main point was that "life is actually better for young people now, stop complaining", I wouldn't disagree... though there'd be some nuance to add.
(Basically, I think young people are less happy, but it's in many ways self inflicted... and not correctable by moar material goods.)
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"life is actually better for young people now, stop complaining"
That's kind of how I read him.
I think young people are less happy
Hyperbolically, I'd ask: but isn't that because if you grow up having everything, and the only thing you do (all damn day) is measure your life to that of a celeb on tiktok, you will not be easily satisfied?
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Social media comparison game, overly high expectations, lack of purpose and identity, lack of in-person interaction, culture that promotes consumerism without telos, you name it