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It’s possible. Either way, many people literally sleep in a monthly subscription model — rent.
That makes more sense though. Since one can't easily take a home with them (it's fixed to the ground), renting a dwelling provides flexibility and liquidity for life changing events.
The “hopes you weren't paying attention” part of the headline seems needlessly inflammatory. All I see is demand rising into a supply-limited market (GPUs and RAM). That doesn’t seem nefarious, just high-school economics.
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For whatever reason, people are just more into paying for $10 / subscription fees, than they into financing stuff. To such a degree that they able to pay for a bunch of subscriptions they completely forget about.
> people are just more into paying for $10 / subscription fees, than they into financing stuff I'm not so sure, seeing the explosion of Buy Now Pay Later (BNPL) platforms.
- GPU prices rising - RAM prices rising - hard drive prices rising Are we looking at a future where home computers are replaced by thin clients and all the power lies in subscription services? ‘You don't need storage space, use our cloud subscription’ ‘You don’t need processing power, stream your games through our subscription service.’ Game publishers have already publicly floated the idea of not selling their games…
> Are we looking at a future where home computers are replaced by thin clients and all the power lies in subscription services? The supply chains for high-end chips are brittle enough that it's a very real possibility we end up with a severe supply crunch such that neither clouds nor individual users can access new chips at anything approaching reasonable prices. TSMC owns 60% of the foundry market. So if China decid…
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Not if the browser rendering is done in the cloud. All you're looking at is a screen on a server somewhere, not actually the one on your phone.
RDP is the future? Makes sense. It's been a while since money was poured into networking.
Cloud gaming continues to grow. Nvidia GeForce Now, Xbox Cloud Gaming, PlayStation Plus, and a number of smaller companies sell remotely rendered gaming services for subscriptions.
- GPU prices rising - RAM prices rising - hard drive prices rising Are we looking at a future where home computers are replaced by thin clients and all the power lies in subscription services? ‘You don't need storage space, use our cloud subscription’ ‘You don’t need processing power, stream your games through our subscription service.’ Game publishers have already publicly floated the idea of not selling their games…
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What does this say about tenants though? You expect someone to buy a home that you can’t afford, rent it to you until you can. Meanwhile, maintain it while you rent it, pay the property taxes and insurance as well, basically have a tiny cash flow off my investment-all to just be forced to sell it to you in the end when my only hope of getting ahead on this was some long term appreciation or the build up of equity. Sp…
I love how this conveniently ignores the equity you acquired in this year and almost certainly the appreciation.
I went from renting for a decade plus to buying four years ago and while I have had to make repairs (replace HVAC, which I knew about at purchase, replace electrical main panel), and things can be expensive, there’s definitely a contingent that likes to act like they need more protections as landlords because to listen to them just owning a home means writing a four digit check or credit card transaction every month if not more.
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> It's fine to want that but let's not pretend "rent should be illegal" is a serious or reasonable policy proposal. So its fine for you that there are people owning 20+ properties speculating on profit for basic human needs? Its literally Nestlé "this is MY water" behavior.
Most people here are pro capitalism. It has flaws but you’re also being blind to its benefits. If 20 people need homes to live in and can’t afford to build them, suddenly landlords/investors have a place because they built housing inventory where others couldn’t. They won’t do that for free though and why should they. I remember your username from prior threads, you’re a troll man. Take this crap to Reddit.
The nestle statements about profiting off people’s need for drinking water were universally viewed as disgusting. We shouldn’t always profit off the basic needs of other humans.
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That makes more sense though. Since one can't easily take a home with them (it's fixed to the ground), renting a dwelling provides flexibility and liquidity for life changing events.
You might be interested to learn a huge percentage of people pay rent to sleep in a trailer park, where the houses very much have wheels.