Ryantific_theory @ Ryantific_theory @lemmy.world

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2 yr. ago

You're being downvoted for being snarky, but it's actually kinda handy after their comment was removed. Just being able to marvel at the strangeness that once existed.

Not gonna lie, I was like "well at least they're having fun" until getting to where they were snorting their coke lol. That said, when I chuckled at orphan crushing machine memes, I didn't expect them to gradually materialize in the waking world.

Yeah, how is the Orphan Crushing Machine supposed to run if the children don't deliver themselves for crushing?

Just the fact that it's immune to corporate needing to impress their shareholders is the biggest encouragement. Having been skipping from one collapsing social media network to another for last decade and a half, it'll be nice just having something safe from external pressures.

Bro.

The first set were, in order, a deep dive on an investment firm and their impact on residential property, the impact of private equity on multi-family residential property, the broad spectrum impact of investors on the residential market, another article on investors driving up home prices, homebuilders drawing down production and waiting out customers at the same price, and the last is a global perspective on the housing crisis by the World Economic Forum.

If you actually read them, you'd recognize literally everything I've said. I get skipping the article on Blackstone, because it's an actual research article, but it details how Blackstone and Invitation Home would buy entire neighborhoods and then use that foundation to manipulate home and rent prices in the entire area, further improving their return on profits.

The one in the last comment was "Capitalism just working" during the pandemic lol. Which is half a joke, but to not see the relevance of the others is just wilful ignorance.

Lmao. Scrolling through a ton of climate, political, and Reddit drama, only to see a neat bug that everyone's excited about.

So cool.

The internet scars us all in different ways.

Reddit's normal traffic is 52 million users a day and 450 million a month. Lemmy has something like 150k active and 500k total users. Contributing to a thousandth of a percent of their activity to spread awareness of Lemmy isn't going to even be visible unless literally everyone went.

I also stopped using Reddit, but I don't begrudge people for poking their head back in. Though the Lemmy pixels got wiped out at some point.

Nah, that was it's purpose. It's like the pantry getting mad that you keep putting flour in it. That said there was more of a divergence once Reddit started hosting media directly and Imgur essentially gained its independence, so maybe they're more aggressively anti-hosting content these days.

I guess you could always mark everything private so it only shows up by following the link, but I was already out of touch a decade ago when it came to the Imgur community, so I'm basically just a random bystander at this point.

By selling what they've built? They don't make any money while building. I don't expect you to read all of the links I offered, but at least skim them lol. Slowing completions and reducing starts keeps per unit profits high, as the alternative, cutting prices and accelerating completions and increasing starts boosts revenue but reduces per-unit profits. Small construction outfits have no choice other than continuing to work, but the larger ones can just slow expenses and refuse to move on price until they're purchased.

Capitalism just tries to make as much money as possible. That's only a benefit when human well-being and profit are aligned, and otherwise just inevitably results in monopolies if we let it.

Have another source https://archive.is/tosob

Double, double toil and trouble;

Turn the key and engine rumble.

Gasoline and leather seating,

In the car and rev the beating.

The generational trauma and setting back of human progress by decades just adds a delicate spice to geopolitics that America absolutely adores.

leans forward*

Tell me more about this.. underblanket thievery.

Canada cursed to never produce a maple leaf. The guillotine replaced by an Ariane rocket. An unnaturally thicc Pikmin. Fuck spez scattered across the world.

Also, DEEPCOCKGALACTIC 😂

It's a shame Reddit is a mess, because these sort of silly community events are one of the best parts of the internet. Though some fools turned the dick in the DICKS piece into just a normal I. That was art.

As an aside, while staying off Reddit has the greatest impact on the company itself, Lemmy's population is negligible compared to the number of angry redditors on Reddit itself. Advertising Lemmy as an alternative and guiding more people to join is going to have a much larger long-term impact than being a thousandth of a percent of their engagement numbers. That said, it looks like the Lemmy add disappeared as well.

Even knowing it's real, it feels like one of those photo-realistic concept art pieces, or a weird AI diffusion that screwed up how bridges work.

Mole people! Yeah, at some point the disconnect between the two populations resulted in losing track of history. I just remember browsing the drama and chuckling at the sheer indignation towards Redditors treating Imgur as their personal image hosting site. Redditors got to feel superior after discovering that Imgur existed to serve them, and Imgurians(?) got to experience the horror of learning that the world was not what they thought it was.

There was a surprising amount of confusion on both sides.

That's like setting up in the town square and... doing crime lol. Wild.

Sure lol, the builders definitely aren't profit driven organizations that operate based on market forces. It's not some insidious thing, just a natural function of capitalism.

But yeah, we can at least agree on the YIMBYism. Out of everything, it at least provides a path forward that people can affect.

It was hilariously bizarre when it was discovered that a population of mole people had been living inside reddit's image host for some period of time. Especially since they were were getting up in arms about how much reddit content was crowding up the site.

Wonder what life's like in there these days.

I have, and I'm not making absurd claims. Zoning issues (including NIMBY) are directly tied to housing values, with the restrictions on construction intended to prevent home values from dropping. They do this by reducing the development of supply in the area. Home builders reduce the number of housing starts and completions take longer when housing prices dip, this constrains supply until demand boils over and purchases new housing. Investment groups buy, rent, and occasionally sell residential properties and the wealth they control allows them to influence market rates and lobby against market reforms.

This isn't some conspiracy theory about how it's a massive organized anti-consumer effort, because it's not. What it is, is a series of natural market forces that all come together to sustain the problem because it's incredibly profitable, and any solution would immediately cut into that profitability. There's no direction to go that doesn't "harm" either builders, investors, or owners, which is why it remains deadlocked and the only government efforts attempted are toothless. Somebody's gonna have to lose potential profits, and there's not a lot of political will to make that happen.

https://journals.sagepub.com/doi/full/10.1177/00961442211029601 https://www.propublica.org/article/when-private-equity-becomes-your-landlord https://www.redfin.com/news/investor-home-purchases-q4-2021/ https://archive.is/8umYO https://www.housingwire.com/articles/homebuilders-are-pushing-through-inventory-backlog/ https://www.weforum.org/agenda/2022/06/affordable-housing-development-nimby/