Comment on Everyday AI looks more like the '08 housing bubble
KeenFlame@feddit.nu 2 weeks agoWhen Investors own houses only because it will appreciate in value from time only, that is a fundamentally flawed system because in reality houses decrease in value as they get older. It creates an environment where everyone involved is a bad actor
ThirdConsul@lemmy.ml 1 week ago
I’m sorry, I’m a little bit lost. I do agree that investment in owning rentals should be forbidden (and if city needs rental units they should be owned by the city).
I do not agree that “ghost cities” were built for speculative purposes. Speculants were buying them like crazy, yes, but the actual need for housing in regions planned (expected?) to undergo urbanization is real and the buildings were fulfilling that purpose.
KeenFlame@feddit.nu 1 week ago
Let me guess… is it because the people’s republic is flawless in every concievable way? I saw some footage from someone that was there, not a news agency. I won’t pretend that couldn’t be wrong, but I am known to occasionally enjoy Occam’s razor.
ThirdConsul@lemmy.ml 1 week ago
Yeah, my server end with ml so I must be a tankie, makes sense.
It cannot be that I genuinely appreciate long term vision policies. I must be a tankie.
KeenFlame@feddit.nu 1 week ago
All the projection… You’ll notice I didn’t say you were a tankie, because you obviously are young counter culture honeymoon phase marxist. Please do me a favor and understand that actual communism will never occur either in society or your own philosophy mature, until you recognize flaws cannot be ignored. None of the actual reform leaders were ignorant of that. I also never mentioned any resemblance of urban planning. That the only path to actual societal renaissance and your own personal growth is to understand that if you overreact to something bad such as capitalism you are against the cause. Not for it. You are the breaks on developing real thoughts and ideas, and the reason is simple outrage. The most provenly useless strategy when facing adversity, completely identifiable by anyone past this first easily avoided step in processing and eventually developing personal and unique rational thought about the issue.
Objectively, it was bad to build unhabitable skyskrapers. It’s humanity. When you attribute it to your ideology you perform a problem.