+1 to everything you said
+1 to everything you said
I can’t speak to other markets but in California, the housing bubble is in part supported by investment from around the world. Chinese and Russian nouveau rich are buying homes in CA because it’s a safe place to keep their money relative to their other options. They might even just leave them empty and watch them appreciate. It’s disgusting, when people are struggling like hell just to live.
Perhaps the state could regulate this and ban international purchases or empty homes but I highly doubt it since the horse has left the barn decades ago and this would deeply impact many rich people, and those people have influence. It would also tank the home values of many average Americans, which would be deeply unpopular as many of those folks are banking on taking that value with them to Mexico or Ecuador to retire on. So this regulation would be bad for the rich and unpopular at large. It would help the young and the poor, the two chronically underrepresented groups.
So unless we can change the entire world order, I don’t see this wholly going away. Can we make it better? I think so. We need more supply, and it needs to be high density and low cost. Those are not insurmountable. But right now, private developers and the government don’t have what it takes to do anything.
I know someone who works for a low income housing non profit and they manage 8 big apartment buildings that their non profit built or bought and they operate them as homes for low income people. They are funded by philanthropists large and small as well as some public money.
If we could find a way to direct more money to such things, we could make a real impact. Perhaps a wealth tax that goes directly to such housing.
But even then, it’s like MediCal - it will only help those in abject poverty. It wont help my cousin who is making $125k and still can’t afford to buy a home. Middle class will never get help, basically, and this is why you see them moving elsewhere.
Sure. Young people make great activists. If only activism were counted. Old people quietly vote, consistently, many of them just dropping off an envelope at church or whatever. No big noise. No social media posts. And those votes are what gets counted.
Sometimes I think this is driven by basic stuff like the fact that young people move more often. I moved every year from age 18 to 25. That means my registration was usually behind, I didn’t always get my ballot in the mail, and I didn’t know where my polling place was necessarily. I’m old now and have been in the same residence for 10 years. My polling place is 2 doors down. I never miss a ballot. It’s really just that simple.
Damn. I hope the end of my days isn’t marked by such rancor.
The voters themselves are decrepit. Young people say voting won’t change things and bring their own prophecy true.
I said it for Mitch McConnell and I’ll say it for Feinstein too. People of advanced age whose mental faculties are becoming unreliable should not be in positions of great power. Step down, ma’am.
This is one of the things I don’t like about the whole Twitter format. There’s no moderator layer. Every lemmy community must be created by a moderator and that mod can be held accountable.
There isn’t even a concept of communities on Twitter / Mastodon. Hashtags? Nobody owns monitoring them, and they can be freely improvised at will. It really is just the instance and its zillion users with nothing in between. Imagine a lemmy instance admin being responsible for all the moderation… would never work.
Looks like a filet from Satan’s cock. What the hell.
First porn was pulled from the API. Next it will be pulled from the site.
Content is there to be monetized. If advertisers don’t like it, and the site’s share price is linked to advertisers….
It’s a rollercoaster that only goes straight down to hell. Reddit staff don’t care. They will all be rich and gone within 18 months.
Elon is just doing whatever possible to get attention and keep publicity circling him and his shitpile website. He has no dignity left to sell, and is now hyping his genitals in the public square to try to help his business. I have serious doubts that Zuckerberg’s wife has cuckolded him given what I know about them, but the behavior described above is objective proof that Elon is a whore.
Yes, that too.