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   eris (eris@akko.disqordia.space)'s status on Tuesday, 04-Jul-2023 13:16:56 JST eris

   in reply to

   • AvengingFemme 🦀🏴
   @AvengingFemme most real estate, consumer products, etc are owned by a small few investors and banks who have an interest in prices being higher and creating artificial scarcity
   • Embed this notice
     AvengingFemme 🦀🏴 (avengingfemme@kolektiva.social)'s status on Tuesday, 04-Jul-2023 13:16:57 JST AvengingFemme 🦀🏴

     is there a good unified explanation for why the price of so many things are massively higher in real, inflation-adjusted terms than they were 50 years ago? houses, medical care, educations, light aircraft, all cost 5x-20x what their equivalents did in the 1970s.

     it literally costs 50% more in real terms to buy a now-ancient, wrung-out 1975 Cessna 172 than it would have cost to buy that exact same aircraft brand new in 1975. what the fuck. houses of course are even worse, costing many times the new price for literally the same house but with 50 years of wear and tear on it.

     what the fuck is going on and how do we stop it so i can learn to fly real airplanes.