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Zillow seeks to sell 7k homes for $2.8B after flipping halt
631–634 of 634 posts
Re: Zillow seeks to sell 7k homes for $2.8B after flipping halt
#632Earlier quoted context omitted.
It's really easy to get your cash into a real estate ETF, giving you exposure to that market without any of the fuss or commitment of tying everything up with one property. > Those are the only mandates that make sense to me, and I would hope that by Jove, even our most brainwashed vaccine-loving brethren could get onboard with. I'm afraid that on a planet with 8ish billion meat-based life forms of extremely similar…
I agree but I hate the misuse of the term "vaccine" here. To me that's brainwash. These are closer to the flu shot than a vaccine that conveys sterilizing immunity like the polio vaccine. I'm uninterested in the flu "vaccine" and the COVID "vaccine". With their narrow band of immunity, that wanes after 6 months requiring yet-more longterm untested vaccine shots. I am interested in the polio vaccine, or any COVID vacc…
> I'm uninterested in the flu "vaccine" and the COVID "vaccine". With their narrow band of immunity, that wanes after 6 months requiring yet-more longterm untested vaccine shots. I am interested in the polio vaccine, or any COVID vaccine that's sterilizing.
Covid and flu vaccines save lives in vast numbers, perfect or not, but the capacity to have a sense of responsibility beyond your own life isn't equally distributed in our society so I do see and understand your point of view here.
Still, this is very confusing reasoning. Like refusing to use the seatbelt in your car because the car doesn't have side impact airbags.
Re: Zillow seeks to sell 7k homes for $2.8B after flipping halt
#633Earlier quoted context omitted.
> When housing becomes an investment, the goal is to get that sweet ROI which generally means working to restrict the supply of housing to make prices rise. Lobbying is a high-ROI activity. There are many ways to lobby that increase both the value of real estate and make the system better. For example, you could lobby for a visa for immigrant construction workers, which will reduce the cost to build. > And housing do…
> Healthcare is the *show it is precisely because it is NOT a free market by any practical or theoretical definition. 100% agree with you. Which is why we should nationalize it to drive down the cost since there is currently no downward pressure on pricing. It’s not some “radical experiment” — in all honesty our current system is the experiment and it’s going poorly. Nationalized healthcare works, and from what I’ve…
> Which is why we should nationalize it to drive down the cost since there is currently no downward pressure on pricing.
Strongly disagree. The state is already in the market with Medicare and it is not significantly cheaper. It has shown that as a player it doesn't not know how to deliver care cost-effectively.
The reasons why health is expensive is reg capture on many layers: too few doctors because of licensing and immigration restrictions, pharma restrictions on importation, tax incentives to bundle insurance with employer, the high cost of medical malpractice lawsuits and insurance, hospital incumbent regulation like fed funding or CONS, etc.
None of those things are solved with a government program that maintains those restrictions. The only thing necessary is to literally do less. Cap malpractice, remove immigration and licensing restrictions for physicians, remove FDA limitations on imports, remove federal funding from colleges and hospitals, etc. That will drive price enormously in a short span of 5 years, while also reducing the amount of admin and funding cost in government.
At the current market structure the only way I see a revolution in healthcare is with the Uberification of health: something that really spits in the eye of all regulation and gets things done anyway at cheap rates. Think telemedicine from 3rd world countries, generic drug imports through retail contraband, etc.
I worked in the industry, i'm 100% sure that dereg is the way to go.
> but homeowners are very concerned with quality of life —
That's my original point. When an argument is made that nimby are doing this for money, I think its off-target.
Re: Zillow seeks to sell 7k homes for $2.8B after flipping halt
#634Earlier quoted context omitted.
This would be easy to fix with legislative that makes property taxes much higher for investment home properties. I don't think I've ever heard of a politician even talking about that though.
They are generally called non-primary residency taxes, and they're definitely a thing, and definitely getting more publicity, and most definitely need to become much stronger and more widespread.
In LA and TX at least, you get a "homestead exemption" on property taxes on your primary residence.