I'm all for most laissez faire philosophy, but housing is a different animal.
I think most peeps would consider it a basic human need, since y'all consider smart phones and internet to be.
And there are arguments to be made that home ownership promotes a sense of community, of ownership of a neighborhood, you are just passing through. So making it tougher to own houses could conceivably make society worse than it already is.
No home owner will fill his own toilet with concrete and pull copper on the way out. A renter may.
Might compare it to corporations buying up all the fresh water and running the price and scarcity up (Nestle, and Arabian alfalfa growers in Arizona doing exactly this).
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"Be bold, and mighty forces will come to your aid."
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Banks don't own enough houses for it to matter (assuming we're talking about mortgage holders/defaults). If you mean investment banks, that's a different horse.
OK, there we go.
NYC recently took a bunch of AirBnbs off market. I don't know if it has changed housing/rental market much, but hotels are more expensive. Seems logically, that housing would fall a little.
Blackrock owns homes to rent them out, not to sit on them.
It's not me, it's someone else.
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Damn shame. It would have been hilarious to organize a massive squatter movement against them.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
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This reminds me of my "I don't buy candy bars any more because I'm not paying $1.79 for something I used to pay $.50 for". Conditions right now are not that different from when I bought my previous house. Prices were up (beginning of the balloon), and our interest rate was around 7%.
I will give you that houses and loans are up from their record lows, but I don't think things are broken right now.
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Well all the real estate experts think you're wrong, so...
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
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I chuckled.
To be fair to them, they know more than us.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
"Expert" says the US will become a "renter nation".
Makes sense. Most people can't afford a house now. The long term plan is probably to push everyone out of home ownership. No more pesky people owning their own homes and contributing nothing to a corporation's bottom line! How do we feed the insatiable Wall St machine unless we're constantly squeezing people for every cent?
HaaS (Homes as a Service)
Makes sense. Most people can't afford a house now. The long term plan is probably to push everyone out of home ownership. No more pesky people owning their own homes and contributing nothing to a corporation's bottom line! How do we feed the insatiable Wall St machine unless we're constantly squeezing people for every cent?
HaaS (Homes as a Service)
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
The Native Americans will finally get their way.... "You can't OWN land, or a tree."
You can only pay someone to borrow it for a while.
You can only pay someone to borrow it for a while.
"Be bold, and mighty forces will come to your aid."
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I would correct that to "YOU can't own land, or a tree."
Someone's going to own it, just not us slaves.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
Want more housing? Get rid of rent control https://www.wsj.com/articles/albany-dem ... yURL_share
It's not me, it's someone else.
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Econ prof in 1996 used NYC rent control as an example of artificial scarcity.
"Be bold, and mighty forces will come to your aid."
Post-Corona Economy
That's a really good article.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
It's not me, it's someone else.
Post-Corona Economy
wow.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
Plenty of room for growth in Poland.
Surprised at Canada though, tf?
Surprised at Canada though, tf?
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I was more surprised about Poland. Good for them.
I guess I would have thought France would be lower too.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
TheCatt wrote: ↑Tue Apr 02, 2024 12:14 pm Want more housing? Get rid of rent control https://www.wsj.com/articles/albany-dem ... yURL_share
This is bullshit. Her lottery win is just displacing other people, raising their rents.
It's not me, it's someone else.
Post-Corona Economy
I like the comment in that thread saying she's essentially a squatter. It's true.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell