• 0 Posts
  • 42 Comments
Joined 2 years ago
cake
Cake day: August 8th, 2023

help-circle
  • I disagree here. Rent is a siphon for your money to go to the wealthy landowners, just like these rising housing prices siphon more of your money to banks.

    Unless you’re saying that renters have more political leverage? Which I’m also not sure I agree with. It’s easier to evict a renter than an owner. I think we need more affordable housing, which depends on building accessible homes, controlling outrageous rent, and addressing zoning laws, but all of this depends on a strong economy for those goods and a surplus of jobs that pay enough. Systemic reform of zoning laws and lobbying is where change is


  • So it sounds like a rock and a hard place. Homeowners don’t want to lose money (and for many doing so would destroy their financial well-being), but they’re also incentivized by banks and realtors to ask higher and higher prices. This also affects voting patterns (i.e. “I bought at an astronomical cost and if it loses value I’m fucked”). But it all sounds like the homeowner is caught between market forces that propel prices higher. The relatively recent introduction of blackrock to corporate homeownership has an outsized impact, like your example, where they spend a ridiculous amount for a property they intend to never sell which will also inflate the property value in a region. I’d be curious to see how that difference could be quantified and understood. Honestly it all feels like 2008 again

    This is just anecdotal experience, but when I bought my house I was the only bidder who needed a place to live. The seller and the people I bid against were all looking for rental properties. I honestly only got the place through a fluke










  • I grew up in a pretty conservative household and we were literally raised that life is work and work is hell. By way of the transitive property, life = hell. It’s taken a long time through various degrees of depression and I’m still not fully grown out of it.

    But yes, the entire culture and identity is about being miserable and persevering through it, even if that means making yourself and everyone around you more miserable to justify the perseverance.

    Like the saying “nothing good comes free.” You could say the sunrise is free, but they’ll argue it’s not because you have to wake up early and waking up early is by necessity miserable so that the sunrise can be good. They’re brainwashed into thinking the only way a good thing happens is through suffering. Except the truly lost ones who only see life as suffering.