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New Legislation Proposes to Take Wall Street Out of the Housing Market
(www.nytimes.com)
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this post was submitted on 07 Dec 2023
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They should never have been allowed to buy them to begin with.
The second best time is now.
People require housing. Corporations are people. /s
I'll believe that when one is executed.
I mean it's a free market, it's not reasonable nor desirable to proactively prohibit all possible bad scenarios
edit: to anyone downvoting, read carefully
I read your comment carefully and still downvoted because its an incredibly dumb thing to say.
Nice username, fam! I've not found an Expanse community around here yet, but I see lots of fans
Wtf, I literally just re-watched the scene 5 minutes ago, and I come on lemmy and see this. Are the planets aligned or am I about to die or something?
Final Destination, Expanse style? That sounds... unpleasant lol
I only said that because I'm pretty sure 99% of the people here agree with me, you included but are downvoting as a kneejerk reaction.
There's never a scenario on the internet where 99% of people agree with you...unless you're just talking to yourself. Just let it go, not like you lose anything with downvotes.
Then you have expressed yourself poorly and have made no effort to correct that.
What the fuck do you think regulations are for? If we didn't have them companies would skip crucial steps because they are expensive. Take Tesla for example, removing radar/lidar because of expense and they are bulky. But are nessesarry, shit they're putting mics outside the car to listen for sirens.a
why is it a dumb thing to say? in a free market, it is wise to take all that you can for your shareholders. Maybe a free market isn't what you desire?
It's greedy and antisocial. You're a moron. Capitalism is a stain on world history.
well, that's kind of exactly what we're saying. we are stating what laissez faire capitalism is. i agree that it is antisocial, greedy, immoral and a bane of our existence...and really the major thing holding modern society back. i never said i support a free market (hint: i don't)....just stating what it is. your reply might come off as antisocial (ie morons)
So the way to counteract that would be passing laws preventing it? The thing being proposed?
This is like me saying "my house is on fire! Put water on it!" And someone replying "you shouldn't do that because the purpose of fire is to burn things" and thinking they're clever. Nobody here is pro-fire.
maybe there is some other kind of problem here, because i'm anticapitalism, if you're reading the correct thread
why would you admit that lol
why is that?
That's a really good point. I should be able to buy some people since it's a free market and it's just impossible to curb exploitation.
I don't wanna get exploited! You better be willing to buy me for a fair price...
"Best I can do is minimum wage and some cheap pizza on labor day." -somebody
that is not what I said at all
Looks like people think that's what you said. Maybe you should consider clarifying instead of just saying "I didn't say that" or "read it again".
If the majority of people are "misunderstanding" you, maybe you should consider the possibility that the problem is with what you said, not with the people reading it.
I've looked over it, it's one very simple sentence.
There's not much I can do at this point, my comment is caught up in the circlejerk train. That's just the ~~reddit~~lemmy experience
If everyone is misunderstanding you, and you can't figure out how to reword or explain your intention, that's not a circle jerk. That's just you expressing yourself incredibly poorly.
Reword it, delete it, or walk away. Insisting people "read it again" isn't doing anything.
You must not be very familiar with the internet
No u
Sure I am. You just need to read my post again.
I read carefully, then un-downvoted so i could downvote you again
Now are downvoting because: What they said isn't true.... Disagree with what was said.... Missed that they are pointing out a free market does not give a fuck about you; unless you are profits...
Because it's inaccurate.
It would be correct and proper for the government to pass laws to protect the population and prevent bad outcomes.
uhmmm that is the point being expressed here...you all just want to fight. Bro describes the exactly what a free market is and people get up in arms here. That's like if someone describes what a house on fire looks like and then is accused of being pro-house-on-fire. smh
The point being expressed here is the current system is bad and needs to be fixed.
It's like if someone proposed putting out a house fire and bro came in saying you shouldn't put out the fire because that's how fires work. It's neither profound nor helpful.
Again, you are arguing with people who agree with you.
Again, they have expressed themselves poorly, and that's not the fault of everyone else.
Privatize the gains, socialize the losses.
A true Libertarian utopia.
If allowing ordinary people to be priced out of owning homes is your idea of a free market, then fuck the free market.
People are priced out of homes specifically because the market has been kneecapped by bad zoning policy.
Homeowners got theirs and then pulled up the ladder
Gods yes. We can't predict every sort of bad behavior in the market, only react. Bunch of arm-chair quarterbacks in here, "We should have seen this coming!" Watch 10 people tell me exactly how we could have.
And on this issue, it's high time to react. Doubt it will happen. :(
Fuck the free market. Fuck capitalism. Fuck you, too.
I could use a good lay
Got money?
It's not a free market... that's not an actual thing that can ever exist. It's a state where the markets are in a perfect, frictionless state, where barriers of entry are non-existent and everyone has equal access to trade on the market... Ignoring petty things like needing to actually source things
It is, in fact, both reasonable and desirable for the government to proactively watch and interfere in the markets before they enter a failure scenario, that's their job in the market.
It's often willfully misunderstood, but what you're describing is a half step from lasse faire capitalism. Which is the idea that a "free market" is a stable state, and we just need to let it settle long enough without interference. But that's literally psuedoscience...