Selling the “feeling of ownership” to the have-nots. Wow.
Comment on WeWork founder remains a billionaire even with firm’s bankruptcy | The Straits Times
Dyskolos@lemmy.zip 1 year ago
I said it once, I’ll say it again:
Residentjal property shouldn’t be allowed to be an investment. Or heavily taxed to make it unprofitable unless you live there yourself.
“Flow will operate multi-family residential properties that aim to foster a feeling of ownership and community”
How cynical…
hanni@lemmy.one 1 year ago
Dyskolos@lemmy.zip 1 year ago
Aye. This one hits nicely. Even though it wasn’t the topic at all.
SpeakinTelnet@programming.dev 1 year ago
aim to foster a feeling of ownership and community
Sounds like EA got into property management
Dyskolos@lemmy.zip 1 year ago
Every room a dlc. They’ll never repair the broken shit. Prices go uo regularly. On your windows are ads. And they’ll ring your doorbell every hour to ask money or cookies. Sounds about right 😁
bionicjoey@lemmy.ca 1 year ago
Residentjal property shouldn’t be allowed to be an investment. Or heavily taxed to make it unprofitable unless you live there yourself.
Why would anyone build new apartment buildings if that were the law? We desperately need to be building more housing, and denser housing.
Dyskolos@lemmy.zip 1 year ago
There also is a thing called public property. Some time ago our government build and owned buildings. Everyone had a cheap home. The moment you privatize a thing you become an investment.
Neato@kbin.social 1 year ago
They'd build them so they can sell them. You can own apartments too.
bionicjoey@lemmy.ca 1 year ago
So everyone needs to be able to spend the upfront capital to buy a home? What about people who want to rent? There are lots of advantages to not buying.
Bonskreeskreeskree@lemmy.world 1 year ago
The advantages you mention are a result of inflated values. Your parents generations could much more easily buy a property and decide to sell it within a few years to move somewhere else.
Neato@kbin.social 1 year ago
Loans exist. And reduce the upfront cost in paperwork to buying a house. It shouldn't cost nearly 5 figures just to get documents signed.
Starglasses@lemmy.blahaj.zone 1 year ago
We could use the existing empty housing for all of the homeless. No new “investments” are needed at all.
Can people not see a project for its goals and not its costs? Money is hindering progress so badly.
MindSkipperBro12@lemmy.world 1 year ago
Just build more houses.
BeefPiano@lemmy.world 1 year ago
We have like 10 empty houses for every person experiencing homelessness. How many more do we need to build?
MindSkipperBro12@lemmy.world 1 year ago
I would like to ask this question: How many live-able houses are there?
Dyskolos@lemmy.zip 1 year ago
With “we” you surely mean the USA.
Where I live, we don’t. Way too few homes. Especially for the financially challenged. The state fails hard to build as much as he promised to do. So with rising scarcity, prices go brrrrrrrrrrr.
JeffKerman1999@sopuli.xyz 1 year ago
There’s plenty of room even in places like Venezia (source: I was living there). Problem is they are mostly empty because the rich oligarchs bought as an investment and keeps them there empty. This is also compounded by the scourge that is Airbnb that is pricing out everyone.
driving_crooner@lemmy.eco.br 1 year ago
And 9 of those 10 are in the middle of Nowhere, Flyover.
BeefPiano@lemmy.world 1 year ago
Oh neat, just like my house! Maybe I’ll get a neighbor and then there will be 2 people in the US who don’t live on the coast!
cricket98@lemmy.world 1 year ago
who is going to build them
SonnyVabitch@lemmy.world 1 year ago
I agree with the spirit of your comment, and I would only add that the practical implementation may need to allow for some leniency.
For instance, you shouldn’t be forced to sell and buy elsewhere if your life circumstances change temporarily. The law in general could allow for renting somewhere and renting out elsewhere. But I would be onboard with the overall intent of such regulation.
Dyskolos@lemmy.zip 1 year ago
Yeah sure. My statement is an oversimplified summary. You’re totally tight.
SonnyVabitch@lemmy.world 1 year ago
You’re totally tight.
I should do more stretching.
Dyskolos@lemmy.zip 1 year ago
Fuck… Lol sorry… RIGHT not tight. Omg… I shouldn’t type on the phone 😔
Got_Bent@lemmy.world 1 year ago
No single word in the English vocabulary grates against me more than when I hear owners of residential property refer to it as “units”.
It’s so dehumanizing. Rather, it’s monetizing humanity.
Dyskolos@lemmy.zip 1 year ago
Indeed. This euphemism triggers easily.
Crackhappy@lemmy.world 1 year ago
You can’t spell humanity without unit after all.
JJROKCZ@lemmy.world 1 year ago
You might want to inspect those words again
DeepGradientAscent@programming.dev 1 year ago
Humanity
kicksystem@lemmy.world 1 year ago
Reminds me of “human resources”. My experiences with HR have also been largely negative. They’re there to protect and make sure the humans are a resource to the company, not for the humans and humanity.