This week’s article became an extension of last week’s after I posited the idea that personal transportation would one day transition into a subscribed service not unlike that of music and movie streaming. You’ll have to refer to last week’s article to see how I came to this conclusion but when considering transportation services like Uber and the advancing technology of self-driving cars, this future seems inevitable.
As I thought about personal transportation and how technology will impact our means to get around, I couldn’t help but think of the other major expense in our lives—where we live. My thoughts brought me to what seems to be the current state of housing and whether there is any reason to hope that one day buying a home could become a reasonable dream again. In recent years, with pandemic and post pandemic life, housing has gone from expensive to stratospheric. Seen as a safe investment, at least since the 60s, real estate has continued to rise ever since, with only a couple of blips along the way. I became curious as to why this was and realized the baby boomer era, those born between 1946 and 1964, had closely coincided with the rise in real estate. People born during this time would have started to buy houses in the late 60s.
Keep reading with a 7-day free trial
Subscribe to A Changing Frame of Reference to keep reading this post and get 7 days of free access to the full post archives.