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2 yr. ago

  • Sorry, several generally means two, but I apologize if that made it sound like more, hehe. But you're 100% right, many more studies are needed after a longer period to see the long term effects.

    But I think the main idea was that more and varying interventions are needed to lower the cost of housing (such as building affordable rentals) Its a complex and ingrained problem, and a single step like eliminating investors in such an inflated market is still not going to benefit low income people, and may in fact backfire. But at least other regions can learn from it in their approach.

  • Office workplaces aren't the same as they used to it be, it wouldnt work. Just make more seasons, show us where the characters are now.

    Don't reboot it.

  • Festers Quest for NES. It is an Adams Family game where you shoot alien toads with a plunger. It is a definitely, definitely not horror game, haha.

    BUT, to fight bosses you have to walk through these totally empty 3D buildings, not knowing what was around the corner. So uneasy.

    And when you finally do find the boss BOOM! Almost like a jump scare, similar to the Friday the 13th NES game. Totally terrifying haha.

  • Hi, Im one of those people who jumps in to say "vote for democrats, because they are definitely crappy but they are significantly less crappy and dangerous for everyone not a straight white wealthy (male) christian."

    I agree with you that America does desperately need a truly progressive alternative. But the problem is FPTP exists. Until it is gone, voters are screwed.

    I will stop posting these kinds of responses to your posts however, if you think people being alarmed about republicans and wanting to stop them is "blue maga".

  • Thats an important factor too but I think they did touch on that. However it's just more complicated than getting rid of landlords, providing government run rentals is one way they suggest helping in that regard.

    But you're totally right, I think a longer term study is needed for sure.

  • I can try! I wasn't able to copy the video's transcript, but here is the initial summary:

    There’s a theory of housing that says the problem we’re facing is fundamentally not a lack of homes or restrictions on building and density. Instead, we face a scourge of investors who buy homes not to live in but to rent out, taking away options from aspiring home buyers and forcing them into renting. As one comment on our channel argued, “the investors are the prime cause of this housing crisis let's stop the gaslighting and verbal gymnastics”. What we really need, then, is to encourage homeownership and clamp down on investors who outbid first-time-homebuyers. “Take out the demand from investors and you have more than enough supply. Which drives costs down.”, according to another commenter on one of our videos. Well, clamping down on investors is exactly what Rotterdam in the Netherlands tried to do — here’s how it turned out.

    After a year of this law, several studies came out examining the effects on the housing market. With investors removed from the equation, would house prices fall? The studies found that prices did not drop at all. But it did increase home ownership - however this came at the cost of the reducing the rental market.

    So not only did house prices remain high, rental rates also increased significantly due to reduced number of rentals on the market.

    It also changed the demographics of the neighbourhood as well. The neighbourhoods became older, wealthier with less diversity and fewer immigrants.

    Overall it turns out that the problems of the housing market are more complicated than just banning investors. The only way to really make housing more affordable is to just build more new homes, and to increase the number of new rental buildings combined with government controlled rental buildings. (with stricter rules to keep rents reasonable and protect tenant rights) There may be other ways to too, of course, but it just turns out banning investors didn't have the desired result and actually made things worse.

    I'm sorry if my summary is lacking, no doubt I left out some info and missed stuff. But it's really worth a watch if you can somehow access their youtube channel, they produce excellent docs examining the housing crisis.

  • For this election it is not fearmomgering. As long as FPTP remains, voters are trapped voting for either a corporatist democrat or an even more corporate fascist dictator wannabe.
    You can vote for a third party if you want, but this time around it will 100% help Trump.

  • At least with other speculative crashes like say beanie babies you were left with a cute toy.

  • These are good goals, and i like what dr. West is promoting.

    But if he draws votes away from Biden, do you think any of West's proposals will have a chance under a Trump administration?

  • I hadnt seen either of those redesigns, they look incredible! I would say Id prefer the look of the Lucky Duck deluxe

    But that being said I didnt realize people disliked the look of the original so much. I hadnt heard of this before, what was the major complaint? Compared to some other Splotters, FCM was downright professional and nice looking haha.

  • But you can see why this is a bit alarming though, right?

    This is the first time privately funded, far-right disinformation has been taught in public schools.

  • Reddit is a flaming monetized dumpster now but it used to be what the article is describing. (mostly)