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If you sell a house these days, the buyer might be a pension fund

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Re: If you sell a house these days, the buyer might be a pension fund

#391

Post by colinmhayes »

crypto-cousin wrote: post #303
woodruffw wrote: post #187

Earlier quoted context omitted.

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.

Do you ever think about how crank "denialisms" are usually believed by small percentages of the population, but this time with COVID and the election it's nearly half? Isn't that strange?

It's certainly sad. I guess you could call it strange, but not entirely unexpected given how proud many are about being uneducated.

Re: If you sell a house these days, the buyer might be a pension fund

#392

Post by JKCalhoun »

gfodor wrote: post #181
JKCalhoun wrote: post #163

Earlier quoted context omitted.

Something else to be skeptical of: skepticism. A good amount of skepticism is great. Questioning everything is belligerent and actually close-minded rather than open.

There's no objective measure for one to define what is a "good amount" of skepticism. The trap of using this as an excuse to shield yourself from people who have a higher level of conspiratorial or counter-consensus thinking than you prefer or have yourself is one worth trying to be mindful of. Claiming there are people who "question everything" is a yellow flag, imo, because that literally doesn't exist, though I kn…

It sounds like you agree that there is a "bad amount" of skepticism but no way to measure that either?

Then it is as easy for me to say you have fallen into the trap of being overly skeptical but are using an excuse to shield yourself from people that would call you a raving nutter.

I don't worry too much about finding a way to measure what a "good amount" of skepticism is. Like pornography, I know it when I see, er, smell it.

Re: If you sell a house these days, the buyer might be a pension fund

#393

Post by at_a_remove »

anthony_romeo wrote: post #298
xdennis wrote: post #257

Earlier quoted context omitted.

What conspiracy? “You’ll own nothing and you’ll be happy.” is something they said.

Who is "they"? Some article in a newspaper? A handful of researchers and futurists? Edit: Got it. It's from a list of unsurprising predictions from [at least] the marketing department of the World Economic Forum. Thanks.

Here is a link to the since-deleted Tweet from the World Economic Forum: https://web.archive.org/web/20200919112906/https://twitter.c...

They pulled the Tweet, and they pulled the video, but here, you can read the Forbes article: https://www.forbes.com/sites/worldeconomicforum/2016/11/10/s...

Right in that first paragraph: "I don't own a car. I don't own a house." The title is "Welcome To 2030: I Own Nothing, Have No Privacy And Life Has Never Been Better."

Frankly, I don't care if the people noticing this lounge around in period-authentic SS uniforms at night, what's true is true, no matter who picks up on it.

And it's a trend along with the "hey, those bugs, you should try eating them!" articles that are so breathlessly hyped.

Now, it says "You WILL own nothing and you WILL be happy." This wasn't just some rando blogpost, it went through a lot of editorial eyes and hands. Will is very interesting. It's not optional. There's no choice involved.

Re: If you sell a house these days, the buyer might be a pension fund

#394

Post by Telemakhos »

anthony_romeo wrote: post #298
xdennis wrote: post #257

Earlier quoted context omitted.

What conspiracy? “You’ll own nothing and you’ll be happy.” is something they said.

Who is "they"? Some article in a newspaper? A handful of researchers and futurists? Edit: Got it. It's from a list of unsurprising predictions from [at least] the marketing department of the World Economic Forum. Thanks.

It was a social media video put out by some of those "researchers and futurists," namely the World Economic Forum. You can find copies of the original video on YouTube: https://www.youtube.com/watch?v=aztvWxRKqDQ The thing that makes this more than just a crackpot futurist's prediction is that the World Economic Forum actually does gather together government and business leaders from around the world and serves as a site for networking among them. This is the sort of networking that Assange called "conspiracy" in his early essays: powerful people exist in connected graphs that allow them, whether well-meaning or conscious of ill intent, to act to prop up authoritarian power structures and repress freedoms. And so you end up with world leaders repeating the World Economic Forum's discourse of a "great reset." Here is Justin Trudeau via Global News explaining how the COVID pandemic provides "an opportunity for a reset" that is primarily economic: https://www.youtube.com/watch?v=n2fp0Jeyjvw . Trudeau is an "Agenda Contributor" at the WEF: https://www.weforum.org/agenda/authors/justin-trudeau . So, when the WEF puts out a social media clip claiming that society is changing to replace ownership with rental, a fundamental change to the existing wealth distribution in favor of corporations over individuals, you know that world leaders like Trudeau are heavily involved with those same futurists. That's what separates their predictions from those of, say, Robert X Cringely.

Re: If you sell a house these days, the buyer might be a pension fund

#395

Post by dvh »

jakub_g wrote: post #175
davidw wrote: post #125

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…

Love CAVE and BANANA acronyms! Very good summary of world in 2021 (sadly).

DILDO (double income large dog owners)

Re: If you sell a house these days, the buyer might be a pension fund

#396

Post by an_opabinia »

davidw wrote: post #125

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…

> Support groups like https://yimbyaction.org/ if you want to 'stick it to the investors'.

I’m pretty sure you’re not sticking it to investors if you support development.

You might be sticking it to different investors.

Re: If you sell a house these days, the buyer might be a pension fund

#397

Post by dang »

yabones wrote: post #102

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…

This comment refers to the original URL, https://twitter.com/APhilosophae/status/1402434266970140676, which we've since replaced with the article it points to (in keeping with the site guidelines).

Re: If you sell a house these days, the buyer might be a pension fund

#398

Post by wiredfool »

beforeolives wrote: post #291
bplatta wrote: post #227

Earlier quoted context omitted.

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…

Aren't most of these holdings through funds? It's not Blackrock, Vanguard or Fidelity that's holding those shares, it's people and institutions who are investing in their funds.

Vanguard in particular is just a bunch of different mutual funds and ETFs. It doesn't do hedge fund type investing.

Re: If you sell a house these days, the buyer might be a pension fund

#399

Post by dang »

We've changed the URL from https://twitter.com/APhilosophae/status/1402434266970140676 to the article it points to, in keeping with the HN guidelines:

"Please submit the original source. If a post reports on something found on another site, submit the latter."

https://news.ycombinator.com/newsguidelines.html

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