alt Hacker News> I am very happy with this
I'm not. If you are european and will inherit something it's fine, but if not you'll barely be able to afford a house and a tiny investment portfolio. And at the face of the immense collapse of a pension system it's pretty grim.
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gzread • today at 8:45 AM
This is all about how the housing market is structured, not the amount worked. If people worked even more, house prices would rise further to cancel it.
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It’s a mixed blessing. I am Canadian, and I prefer my quiet life and small flat to always being at work or mowing the lawn. I am always stunned to see how much people back home work. My friends in Germany have much more balanced lives.
If it makes you feel better, the pension system is collapsing everywhere. The scarier part is how we will find the workforce to care for us, but I digress.