this post was submitted on 10 May 2025
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Wupps, I did not mean to cross post this to the same community

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[–] SlayGuevara@lemmygrad.ml 20 points 2 days ago (1 children)

When my parents first bought a home they had the option to get a free dishwasher and a free laundry machine with it because people couldn't sell their house if their lives depended on it. Then they sold that house for profit, buying their current house that they have been living in for nearly 20 years now. They bought this house cheap and managed to get some profit off their previous sale as well.

Their current house is now worth somewhere between 500 and 600k. It is up nearly 300k from the purchase price. There is no way you can get such an increase in wealth in the same amount of time by just working. And the wages are stagnant. I will never be able to do what they have done in our current syste.

My landlady bought the house we currently live in, in 2000, for £95K. She recently had it valued and they said it's worth £375K, and would be worth £425K if she had the issues with it fixed.