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Cake day: July 10th, 2023

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  • JeffCraig@citizensgaming.comtoLemmy Shitpost@lemmy.worldgotdamn
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    11 months ago

    Adjusted for inflation, that $700 rent would be $1,242 today. Not quite enough to get it all the way to the $3,600 they are quoting today. There’s something else very funky going on right now. A lot of cities are experiencing massive population loss… yet rental costs continue to rise. I’m sure the housing crisis has a large part to play in that, but it still doesn’t make a lot of sense to me.










  • Lmao I can tell you’ve never used Teams before.

    I work for MS and literally every MS employee hates Teams. I would cut off my tongue before I recommend it to a friend.

    The problem with Discord isn’t the program, it’s the fact that we have a million different servers now. People just don’t like having to go to a new server for every different conversation, but that’s the way they all chose to use it so it’s their own fault.


  • There isn’t an easy statement that explains why things are getting worse.

    The housing market, for instance, was being affected by low interest rates. Low rates make being a slum lord more profitable than other forms of investment. This caused a massive amount of investment in the housing market by rich people and corporations, and normal people were priced out.

    The banks that failed did so because they either invested in dumb things (crypto) or in long-term bonds. Those bonds lose value as interest rates rise, and SVB invested far too much into them.

    There’s all kinds of reasons