• Teppa
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    7 hours ago

    Not every white person had a house either, and if they didnt then their family ended up losing a lot of compound growth, and ended up poorer as they payed somebody elses mortgage. What really happened I think is the lack of class mobility due to the financialization of everything, due to unlimited money printing and corporate bailouts.

    The average mortgage was 7 years historically and somebody saving a ton could pay it off in under 5 years, instead of the massive 30 year loans backed by the govenment we have now. Its like as we got richer and more productive we simultaneously became poorer and can barely house ourselves, as food quality got cheaper with shrinkflation and industrialization.

    • smeenz@lemmy.nz
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      2 hours ago

      I really don’t where this influx of mispelling misspelling paid as payed over the last few years has come from, but it seems to be becoming more and more common.

      For what it’s worth, “payed” is a very old nautical term that means to spread tar on the deck of a ship.

      • HugeNerd@lemmy.ca
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        2 hours ago

        I really don’t where this influx of mispelling

        I really don’t either. And it’s misspelling. Cuz you know…

        • smeenz@lemmy.nz
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          2 hours ago

          Hah. I looked at that word, then wrote it with a double s, looked at it again and it looked wrong, so I went back to one.

          But now that I see it posted, the single s looks very wrong indeed.

          D’oh.

          Also, any post on the internet about someone else’s spelling mistakes will inevitably contain at least one spelling error itself, so I’m just maintaining the universal rules ;)

          In your case, I suppose it’s “cuz”