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Parasitic (lemmy.ml)
submitted 1 year ago by Grayox@lemmy.ml to c/memes@lemmy.ml
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[-] GCostanzaStepOnMe@feddit.de 17 points 1 year ago

Well for once scalpers sell tickets, and landlords rent out housing.

[-] AI_toothbrush@lemmy.zip 17 points 1 year ago

Soo ticket scalpers are better than landlords is what youre saying? Because id rather own something than rent something...

[-] fuckwit_mcbumcrumble@lemmy.world 10 points 1 year ago

Housing is a need. Tickets are a want. Both are scalpers.

[-] GCostanzaStepOnMe@feddit.de 9 points 1 year ago

I'm saying they're not the same thing.

[-] Grayox@lemmy.ml 21 points 1 year ago

They are both parasitic, thats the point of the meme r/whoosh

[-] Bonehead@kbin.social 2 points 1 year ago

Because id rather own something than rent something…

What do you own when you buy tickets from a scalper? Unless used for the specific event, it's just a piece of paper. And once the specific event is over, it becomes worth less than a piece of paper. The event itself is over within hours.

[-] AI_toothbrush@lemmy.zip 3 points 1 year ago

So its the same. You have to pay again and again to use it. But housing is a basic need.

[-] Shalakushka@kbin.social 14 points 1 year ago

Landlords sell access to an apartment or house temporarily during a specific time at inflated prices. Ticket scalpers sell access to an event venue or stadium temporarily at a specific time at inflated prices.

[-] GCostanzaStepOnMe@feddit.de 7 points 1 year ago

For the analogy to work there'd have to be some prior market of housing that landlords buy up the second the market opens, and then "resell" (nevermind that renting is more than "access to housing"). That's not really how it works though.

[-] Grayox@lemmy.ml 12 points 1 year ago

Lmao do you live under a rock?

[-] ElmiHalt@sopuli.xyz 11 points 1 year ago

And to add on the "the second the market opens" part - landlords can buy houses even before they are fully built and liveable which is not really an option for a person with no house because such an investment leaves you with no place to live and no money (mostly).

[-] Kecessa@sh.itjust.works 4 points 1 year ago

Eh... what do you think happens when you buy your first house while living in an apartment? Over here anyway you can't just up and leave, you've got a contract to rent the apartment until a certain date and the house you want might not be available on that specific date... I was paying both my condo and my apartment for four months when I first bought...

[-] ElmiHalt@sopuli.xyz 9 points 1 year ago

I'm not saying all landlords do so but what you described happens quite often. Landlords buy a property when they already have a place to live in and then rent out said property to someone who has none. And now said someone can't own a property because there's none on the market as all are bought out so all what is left to do for those people is to rent. It's an oversimplification of course and there's a lot of nuance to it but the general message still stands - if a person with a house buys another house to rent it out then one less house remains to be bought for people with no house.

[-] GCostanzaStepOnMe@feddit.de 3 points 1 year ago

The housing market for rental properties doesn't just exist. It is is explicitly financed by the profit motive of renting, e.g. as real estate securities for the well-off upper middle class, or more likely, huge real etate companies. Now maybe there are some parts of the world where building companies just throw up houses and landlords scalp them off (suburbs in Australia I think) but I don't think that's the case in general.

[-] Grayox@lemmy.ml 11 points 1 year ago

The "housing market" shouldn't exist thats the point that is going over your head like an airplane. Lmao.

[-] GCostanzaStepOnMe@feddit.de 3 points 1 year ago

Sorry you're too daft to even engage in this conversation.

[-] Grayox@lemmy.ml 7 points 1 year ago

Bahaha okie cope harder 🤡

[-] workerONE@lemmy.world 2 points 1 year ago

And there are investment groups with billions of dollars buying tens of thousands of homes, competing with other investment groups.

this post was submitted on 13 Sep 2023
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