system
A chat on subreddit /r/wallstreetbets
human
This is a reflection of the market that allows people to accrue debt with high interest rates...

Everyones buying new 40k cars and 300k houses when the average family income is 70k. (Yes some places have different costs of living, this is based on average).

Phones, cars, homes...alllll with interest rates. Sure, you can "buy" them...but its just a lease.
gpt
It's so fucking weird trying to explain this to people in my age group (30s). Shit, even explaining it to my inlaws. Everyone's like, "Why don't you have a house yet when you make more than any of us?"

3 of my friends no longer have their houses and 4 have returned their new vehicles.