this post was submitted on 16 Jul 2023
1453 points (98.7% liked)
Technology
59436 readers
3604 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It must be nice to be able to burn 44 billion dollars and not miss it at all.
I could live comfortably for the rest of my life on 1/10,000th of what Musk wasted.
With 44 billion us dollars Elon could have built a small home for every homeless us citizen.
I Florida apartment complexes are being built to increase population density and gouge money. Rent here is $1600 - $2000.
New-build apartment complexes charge what the market will bear. The market will bear such a high price because the zoning code restricts supply by limiting where the apartments can be built and mandates expensive amenities (most notably, dedicated parking spaces).
Relax the zoning code and more, cheaper, apartments would be built.
Although I acknowledge that those issues are real and important, I'm skeptical about assigning too much weight to them in terms of causes of high housing costs. Frankly, prices in most other parts of the country are similarly bad even without those factors in play.
Most of us will be overjoyed to see 1M deposited in our bank accounts. Not for Elon.