Earlier quoted context omitted.
Supply is artificially limited.
Supply can't possibly keep up when real estate is used as an investment. As an analogy to the dead internet hypothesis I present the dead real estate market hypothesis. Increasingly it's just investors buying and selling properties from each other. And it's not just a hypothesis. China built enough homes to house its population twice over, yet it's not reflected in the prices. All because everyone and their grandma i…
Who killed the rave?
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Re: Who killed the rave?
#222Earlier quoted context omitted.
Supply is artificially limited.
Supply can't possibly keep up when real estate is used as an investment. As an analogy to the dead internet hypothesis I present the dead real estate market hypothesis. Increasingly it's just investors buying and selling properties from each other. And it's not just a hypothesis. China built enough homes to house its population twice over, yet it's not reflected in the prices. All because everyone and their grandma i…
Yes, but this is reflected in China's vacancy rate: 22% by some estimates.
In the US, home vacancy rates are sub-1%.
Not saying people aren't treating homes as investments, but it seems clear we also have a supply issue.
"Real Estate is Investment" should naturally lead to overproduction as investment-only properties get built to satisfy that demand—as we see in China. In the US, we don't see that.
Re: Who killed the rave?
#223A group of sound systems put the word out that they're going to get together illictly in a field in some remote location. There's a number that attendees ring to get the location on the (first) night. It carries on all weekend or until the police convince everyone to leave.
Re: Who killed the rave?
#224https://news.ycombinator.com/item?id=42352825
Nightclub stickers over smartphone rule divides the dancefloor (91 comments)
Re: Who killed the rave?
#225It's probably the same mechanism that relegated the sock hop to a rare anachronism. I don't have a subscription to ft.com. Is it "tastes change" or a sexier and clickbaitier mound of bullshit?
https://archive.is/ul4Ui Quoting the bits that take stabs at explaining it: > [Night-time consultancy co-founder] Leichsenring said venue owners were often closing their doors earlier to save on costs, as revenue from drink sales tended to drop off in the early morning hours. > More restrictive licensing rules after Covid-19 have also become an issue for clubs and promoters in cities across the globe > The increased…
2 sounds like a bunch of bullshit. WHICH more restrictive licensing rules? WHERE were the rules made, everywhere? There are no new rules where I live. HOW did these mythical rules impact things? WHAT the fuck is this guy talking about?
3 and 4 are: tastes change. People don't like sock hops anymore the same way they don't like raves anymore.
Re: Who killed the rave?
#226I haven't been to a club in a long time, but I am quite confident that if there's a hell for me, it's being forced to be in a club+rave for eternity. I've never done any kind of "party drug" [1], and I think that party drugs have to be a requirement for me to enjoy something like that (at least for someone as awkward as me). Repetitive music that's so loud it hurts, not being able to talk to people, close contact to…
Yeah no wonder you don't like raves. You might be the first person who went to one without taking drugs. Same for clubs tbh. That kind of music is made by people on particular drugs and it's meant to be listened to by people on those same drugs. And dancing is just a way to shake off the stimulants.
Re: Who killed the rave?
#227I raved back in the early 2000s and I still rave now and the popularity is absolutely booming in a way I've never seen before and in more parts of the world.
15 years ago there was zero electronic music events in Dubai, now there are huge electronic music festivals there and it's clear a ton of people at those events are taking "something" that isn't just booze. Even Saudi has had its first big EDM festivals, albeit I think they were no alcohol allowed.
EDM artists are more popular than ever and more and more of my friends are getting into EDM and going to EDM festivals like Tomorrowland, Mysteryland, ADE, etc.
Re: Who killed the rave?
#228In my time night clubs were about hooking up, guess no need for that in the age of tinder?
Not if you're going to a rave-style event. That would be creepy and unwanted. At least back in my day (mid-90s).
Re: Who killed the rave?
#229I love electronic music. Been listening to it for 30 years. Mostly drumbass, dubstep, some house. Groups like subfocus. I used to listen to tiesto, bt, etc. One, I hated the term "raving". I was thought raves were finding an abandoned house, playing music and drugs. I just like the music and don't need the dance clubs or the drugs. But with the said, I think the "club" scene has dropped off. Expensive drinks. Expensi…
This exactly. I've been to "raves", they were just giant parties with $3 beers in an abandoned or semi-legal building somewhere in Brooklyn. I was surprised when I started hearing people call giant corporate venues with dancing "raves". I went out to one of those giant clubs in Brooklyn not too long ago to see a friend DJ (Brooklyn Mirage). I was on guestlist, but the cover would have been $50. I bought a round of dr…
You like sports? Well, you need a subscription to see their away games, a subscription to see their home games, and a separate subscription to see their games in season, and a subscription to see their off season. You want to see them in person? well.....
You like music? Well, the cost of a ticket to see your favorite artist is $80 + $60 in fees. Online purchase fee. Printing fee. Seat Reservation fee. etc.
Wanna go out for a few drinks? That'll be $8 for shitty beer on tap
Want to go anywhere? Time to reserve your parking spot, or pay your parking ticket. Public transport outside NY? lol. Can't really get drunk or high now either since you need to kinda be sober enough to get back. Or fuck it! Uber and pay an extra $50 in surge charge fees!
Want to go to the museum on the weekend while you visit a city? Well, too bad, it's very congested so the museum has surge charged the price of the ticket to $70 (the Shedd Aquarium special in Chicago).
I'm good I think I'll just stay home and jerk off
Re: Who killed the rave?
#230I'm curious where they got their data (or I should say I'm suspicious of their analysis). My cousin is a raver and she sends me Snaps of the events all the time. They're just as crowded as ever and happening just as often as a decade ago. There was obviously a pause during COVID and a slow ramp after, but it's been back to normal for about 1.5 years now.
I also see more electronic artists playing gigs all over the world, more people getting into DJ'ing or electronic music production, and there are more EDM artists getting hugely popular in the mainstream, see acts like Fred Again.