261–270 of 1001 posts
Earlier quoted context omitted.
Yeah what the heck happened there. "same cabal" Everything is a grand singular conspiracy to someone these days. Happens on HN too, every few bad news type post has some accusation that whatever outcome was because of a conspiracy.
Consider that you may be far too trusting if you’re not considering conspiracy as a possibility at this point…
Things went off the rails at the end... > Well, the banks are controlled by and in bed with the same cabal buying everything up. You think this will be corrected by market forces when it is a financial and political pincher movement pushed by the same cabal that stole the 2020 election & hid COVID Truth? You are fucked. https://twitter.com/APhilosophae/status/1402449561864577024 IMO, weakens the entire 'thread' and m…
Yeah what the heck happened there. "same cabal" Everything is a grand singular conspiracy to someone these days. Happens on HN too, every few bad news type post has some accusation that whatever outcome was because of a conspiracy.
Whether what they did was in any way illicit or undermines the integrity of U.S. elections is of course up for debate, but the fact that a secret coordinated effort of powerful people "conspired" (if you will) to influence the outcome of the election is I think well established.
Earlier quoted context omitted.
I agree that we need to stop treating houses as investments, because they're a basic fundamental need everyone has. IMO, the problem could be fixed by having stricter laws prohibiting people who aren't residents from owning homes in another country. The requirement to become a resident is only to live in a country for over 6 months out of the year. Before that, you can just rent. We could also do things like limit th…
So, also make holiday homes also illegal?
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> Right now interest rates are low, they cannot use them as a tool in a No, interest rate are low because they are using them as a tool in a crisis .
They were already used as a tool, and so can't be used further (due to irrational fears of nominally negative interest rates). Printing money is effectively equivalent to lowering rates.
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If you think that was disturbing, check out the substack linked to the twitter account. Full on nut job.
I clicked it. Looks like he's a Republican and a Christian (and has pretty standard opinions for that intersection) who likes to write long political essays. Are you sure he's a nut job, or could you possibly just be a bigot?
Earlier quoted context omitted.
I clicked it. Looks like he's a Republican and a Christian (and has pretty standard opinions for that intersection) who likes to write long political essays. Are you sure he's a nut job, or could you possibly just be a bigot?
COVID denialism, election denialism, and “The Great Reset” are high profile crank subjects. Being a conservative Christian doesn’t make you a crank; those things do.
The great reset is something that was discussed in the open, even if it is pretty lol. Covid lab leak looks highly likely at this point, multiple governments around the world are now owning up to the bullshit they fed us we knew were lies all along, fake news msnbc is literally on the record promoting propaganda against trump and purposely downplaying if not dismissing any news that may potentially help the man. While not widespread, nor anywhere near enough to tip the election, voter fraud was very real, every instance of it was dismissed and ignored when some of it very much needed further investigation.
Oh and those peaceful protests never were.
This is me, a liberal.
I'm not a Republican or a crazed conservative, I just have by eyes open and don't give a crap what tribe you're on.
Here's why investors buy up houses: they know your neighbors will do the dirty work of artificially constraining the housing supply, which makes it a good investment. Here's one who comes right out and explains this: > Meanwhile, local opposition to building is so commonplace and the approval process so cumbersome, time consuming, and expensive, even when a proposed project complies entirely with requirements, approv…
You lost me at the end. You lack political acumen if you think this is how politics works: " If there's a credible threat to build plenty of housing, they'll move on." The Yimbies supported Mayor Breed. She hasn't changed the political problems in SF that you're (for the most part, accurately) diagnosing here. The problem with most anti-activist government screeds like this is that they lack the same nuance and sophi…
Things went off the rails at the end... > Well, the banks are controlled by and in bed with the same cabal buying everything up. You think this will be corrected by market forces when it is a financial and political pincher movement pushed by the same cabal that stole the 2020 election & hid COVID Truth? You are fucked. https://twitter.com/APhilosophae/status/1402449561864577024 IMO, weakens the entire 'thread' and m…
Ok, cabal is a strong word and the election stealing/truth hiding is certainly off the rails in my opinion as well. But here's some perhaps interesting information on top 5 shareholders of largest US banks [1]: JP Morgan Chase: Blackrock 6.4 Vanguard 4.7 State Street 4.5 Blackrock 2.7 Blackrock 2.5 Bank of America: Berkshire 6.9 Blackrock 5.3 Vanguard 4.5 state street 4.3 Fidelity 2.1 Citigroup: Blackrock 6.1 Vanguar…
If you calculated the ownership across all banks in the US Blackrock would not own nearly so high a percentage.
5 days on the market, 4 offers, 1 family, 1 family trust, 2 investment firms. All offers 20-50k over asking, 0 conditions.