This makes the housing market sound similar to Diamond marketing.
this post was submitted on 23 Oct 2024
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Housing Bubble 2: Return of the Ugly
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Be a shame if someone burned em all down and we all just started over.
You mean if someone burned them down and blackrock got an insurance payout valued higher at the homes were worth allowing them to build lower quality replacements and rent it out at an even higher price to people because it's new and driving the average home price even higher? Yeah, that would be a shame
If it was a one time thing, sure, but if unoccupied properties had a meaningfully higher risk of arson to the point where it's priced into insurance, there would be less of an incentive to hoard housing.
Meanwhile insurance prices go up for everyone else, and housing supply goes down, making cost of housing higher still
I mean you SAY shame......I would feel shame.....
Hey, we got any pyromaniacs in the house? We got a thing to do!
Hmm what's gonna happen to these rich landowners?
Nationalize it.
Sure, and we can develop plans for where people must live and what jobs they must have. Maybe a new national plan every five years.
….. we know how well that’s worked in the past
Do you want your housing to be on the line every election? Just look at what Trump is saying today about removing immigrants and liberals from jobs and country.
No imagine he's your new landlord too.
I didn't mean nationalize all housing. I meant this specific company.
I'd hope that if housing was nationalized, people would vote past identity politics if government was more intertwined in their daily lives.
I'm no anarchist, but....
Just a ~~couple~~ 3000,000 pipe bombs...
Just sayin'... Social problem solved.
Edit: I just ruined my chances of holidaying in the US.
you're talking to a large collection of cowards here unfortunately.
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