• gandalf_der_12te
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    3 months ago

    Explain to me why landlords didn’t just jack rent payments in 1960s. Why did people back then have money left at the end of the month?

    • Jerkface (any/all)@lemmy.ca
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      2 months ago

      Because the working class could afford to buy a house and the property it stands on outright. That was a golden age for income and wealth disparity, which has ballooned beyond all sustainability in recent decades. In real terms, we simply make less.