• 2 Posts
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Joined 2 years ago
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Cake day: July 8th, 2023

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  • It’s the other way around. Residential properties are used as investment vehicles, because it’s profitable. It’s profitable because the prices are high and rising. The prices are rising because of the housing crisis, which is caused by lack of supply. Lack of supply is caused, in large measure, because of restrictive zoning.

    If there were a glut of housing on the market, prices would crater, and it wouldn’t be profitable, investors wouldn’t buy residential properties. They could still try to buy up all of the properties, and create artificial scarcity that way, but the idea is to make a profit, not just collect residential property for the sake of having it. As soon as they started selling or letting properties in large numbers, supply would rise and prices drop again.

    It’s the artificial scarcity mandated by law that’s driving the high prices. This explanation is confirmed by many cities, like mine, that have a very low rate of private equity ownership, and still have a housing crisis.





  • Lemmy is like a house party, where everybody has the freedom to talk to whomever they so choose, thus creating segregated groups. If one butts in to a conversation, the participants are free to ask one not to participate, and are free to walk away if one insists. (In this metaphor, the WomensStuff community doesn’t even mind if you listen in.) For a house party, though, the host is well within their rights to not invite anybody, or even ask guests to leave. That’s a very strictly segregated group.

    What’s been the ripple of evil from allowing house parties, or companies to pay only a select group of employees, private clubs, family dinners et cetera? Has the existence of the chain of women’s-only gyms destroyed men’s lives?










  • The optimal strategy remains to vote for neoliberals when the alternative is fascists because that is how to create time for socialists and progressives to primary neoliberals in the Democratic Party and win general elections.

    With all due respect, that strategy got us fascism. The terminology has changed, but I could tell close to 30 years ago that this would be the result. Is three decades not enough time for socialists and progressives to “primary” neoliberals? Apparently not, because socialsts/progressives/leftists are lazy, good-for-nothings who are simultaneously powerful enough to swing elections, but too inconsequential to talk about their issues or court their votes.

    In other words, maybe these vaunted “centrists”/liberals should’ve stepped up to stop fascism. (And, it’s not leftists who say that Harris “went too woke” and now want to throw trans people under the bus.)