To: Steve_Seattle
Makes total sense, and something I haven't thought about. Many, many workers today are working part-time, or multiple part-time jobs, due in part to Obamacare. Additionally, many are working in low-salary, few benefit jobs.
What are these people going to do? No pensions, no means to save anything for retirement due to healthcare costs, food costs, etc.
Has this ever happened in the past on such a large scale? Sure, maybe in the 1800’s or something, but no one thought about retirement then and things were handled very simply. Now, we are “taking away” the ability to retire — ever.
Moreover, the upper middle class will continue to retire comfortably while the rest of America will be forced to compete for government crumbs. In fact, I think we are already seeing the impact of this stratification.
Ten or twenty years ago cremation was barely heard of or used. Now, due to the economy of cremation, many, many people are opting to have family members cremated. A burial requires assets and many people no longer have such assets at the end of life to afford a burial.
16 posted on
04/30/2015 8:28:52 AM PDT by
Obadiah
(Israel had King Manasseh, America has Obama.)
To: Obadiah
"Ten or twenty years ago cremation was barely heard of or used. Now, due to the economy of cremation, many, many people are opting to have family members cremated. A burial requires assets and many people no longer have such assets at the end of life to afford a burial."
Just a few months ago I attended a Catholic funeral, and it was the first time I ever saw an ash urn at a Catholic funeral. (I'm not sure if the church used to prohibit cremation, but it was definitely discouraged.)
To: Obadiah
I wonder what will become of the single-family home in 20-30 years. Many who now live in them (including myself) could not afford to buy in today's market. Once we're gone, will there be enough people with a large enough income to buy those houses? Will the price go down, or will the houses be razed in favor or apartments? Based on what I'm seeing now, I'd bet on the latter.
Government is increasingly banning new development in undeveloped areas, so if the population increases, that increase will be shoehorned into existing developed areas, which means the destruction of single-family housing.
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