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Joined 1 year ago
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Cake day: June 13th, 2023

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  • If you’re talking about eminent domain, the gov has to pay fair market value for the assets it takes, at least in the USA. So you’re just flat out wrong using that as an example because in this context you guys are talking about the government forcing someone to provide something to somebody else for free, or just seizing their property (!) to do it themselves.

    I’m looking for you to be able to articulate a specific rule or set of rules with hard numbers and thresholds that applies to literally everyone. You can walk around all you want saying rich people are big bad meanies and should give this poor woman free housing. But it turns out people will always act in their own rational self interest, and until you can figure out a way to codify your values into law, you might as well be writing letters to santa. I wish everything were perfect and nobody wants for anything, but the universe just doesn’t work that way. It’s hard to believe there are so many people naive enough to not know this by now.

    I’m definitely in the wrong place because all I’m hearing is a bunch of morons.


  • the government should control the property and not charge rent. It’s not that hard to understand

    Yes it is hard to understand because we are having this conversation despite it being a ridiculous idea. If the gov controls the property and doesn’t charge rent, it doesn’t lower the cost. The value of that property doesn’t go away. It just changes hands from the private owner into the gov agency (or worse, agent) who controls who gets to live there. Imagine a neighborhood where everything costs $10k/month to live there, but you control who gets to live in that one place that costs $1,000/month. Think of how powerful a position that is. The value of that rental property didn’t magically disappear just because the government waived its magic wand and said so. Economics doesn’t work that way, and it’s really frustrating talking to people who don’t get this. You can’t solve these issues by decree.


  • Right, if only this mean rich person would go against their best interest and do something stupid. But they didn’t because there’s zero incentive to do so, because what you and everyone in this thread is suggesting is a bad decision to make of one’s own free will. So other folks are arguing the gov should step in and, what, force the owner to rent their unit to the squatter for free just because she’s old I guess?

    I challenge you to codify your position. Meaning, if someone is over X years of age they get free rent? Or the gov pays their rent? Or if someone is over such and such net worth they have to give free rent to people? Or something? You’re just not making any sense and you’re arguing out of pure pathos, emotionally laden incoherent thoughts that you can’t build a functioning economy out of.



  • I read something recently analyzing what tends to happen when there’s tons of artificially cheap public housing. Market forces determine housing prices regardless of government interference, so when the govt rules by decree that their public housing will be cheaper, the price differential doesn’t go away, it just changes form. And more importantly, it changes hands. The price difference changes form from money into power, and it changes hands from the landlord into the govt agency or official in charge of determining who gets to live there and benefit from the lower cost. Make sense?

    I don’t disagree that housing costs are out of control. I think everyone is missing the point though, and the cause. It isn’t mean rich people being evil bastards charging people too much. Right now what we are seeing is the natural result of decades of exponential economic growth. Real estate is an asset like any other with prices strongly positively correlated with other asset classes. If everything is growing exponentially like equities, of course real estate is going to grow along with them. I don’t know what the solution is, but it certainly isn’t anything suggested in this thread.












  • Personally I’m way happier with a 401(k) than a pension. Risk is more distributed with a pension, yes, and many people don’t have the knowledge or resolve to properly manage their own retirement funds. But pensions are a royal PITA, way more complicated (and expensive) to manage than a 401k. So if I had to choose between money coming out of my paycheck to go into a complicated expensive pension fund that may or may not be around in a few decades, OR a 401k that I have complete control over and can take with me when I leave the company, I’ll take the 401k every day of the week.



  • I just told the truth. Personal time off, health and wellness, weight loss, surfing, travel, and yes vibing doing nothing.

    It went over well. Most interviewers were more interested in that than my professional experience. Most people can’t do that and want to know what it’s like.

    For my part, I don’t want to work for/with people who look down on that sort of thing.

    Warning: my resume is extremely strong so I have a lot of leverage. YMMV