4 ms·

If you can't afford the rent, your work is shit anyway, and you might as well move. The other question is how you managed to move where you live now to begin wi

If you can't afford the rent, your work is shit anyway, and you might as well move. The other question is how you managed to move where you live now to begin with. There are places where you can get land for free. If you band together with your socialist friends, you could turn that into the next glamorous megacity.

Apocryphon 6y ago
> The other question is how you managed to move where you live now to begin with. https://www.investopedia.com/terms/p/priced-out.asp https://www.investopedia.com/terms/p/priced-out.asp
- psychiatrist24 6y ago
  There is rent control in Berlin - you can not arbitrarily rise the rents of people who are already renting your property.
  - Apocryphon 6y ago
    Yes, but I am responding to your very broad and general question "The other question is how you managed to move where you live now to begin with." This is something that happens in many housing markets throughout the world, not just the Bay Area or even U.S. big cities in general. Also being priced out doesn't even always relate to rent, but other costs of living. You ask a broad question, you get a broad answer. Being priced out is something that happens and is not always related to one's salaries.
    - psychiatrist24 6y ago
      The paper even mentions the solution: "When someone is priced out of a market, their choices are to simply remain out of the market, to wait for the market to become more affordable, to improve their own financial situation to the point where they can afford to buy, or, if possible, to consider a different market. For example, someone who was priced out of their neighborhood's real estate market could look at a different part of the city or even an entirely different city or state." Where socialists go wrong is that they simply attribute price hikes to "greedy capitalists". The truth is that demand goes up, and hence the prices (because other people are willing to pay more). Even historically it has been a problem, without gentrification, if people had kids. Like you are born on your parents little farm, and your parents have 10 children. If all children want to stay on the farm (and then their children and their children, and so on), it simply doesn't work out. The farm is not big enough to support so many people. So many children had to go elsewhere and "try their luck". That is rooted in nature, not capitalism.

Apocryphon 6y ago

> The other question is how you managed to move where you live now to begin with. https://www.investopedia.com/terms/p/priced-out.asp https://www.investopedia.com/terms/p/priced-out.asp

psychiatrist24 6y ago
There is rent control in Berlin - you can not arbitrarily rise the rents of people who are already renting your property.
- Apocryphon 6y ago
  Yes, but I am responding to your very broad and general question "The other question is how you managed to move where you live now to begin with." This is something that happens in many housing markets throughout the world, not just the Bay Area or even U.S. big cities in general. Also being priced out doesn't even always relate to rent, but other costs of living. You ask a broad question, you get a broad answer. Being priced out is something that happens and is not always related to one's salaries.
  - psychiatrist24 6y ago
    The paper even mentions the solution: "When someone is priced out of a market, their choices are to simply remain out of the market, to wait for the market to become more affordable, to improve their own financial situation to the point where they can afford to buy, or, if possible, to consider a different market. For example, someone who was priced out of their neighborhood's real estate market could look at a different part of the city or even an entirely different city or state." Where socialists go wrong is that they simply attribute price hikes to "greedy capitalists". The truth is that demand goes up, and hence the prices (because other people are willing to pay more). Even historically it has been a problem, without gentrification, if people had kids. Like you are born on your parents little farm, and your parents have 10 children. If all children want to stay on the farm (and then their children and their children, and so on), it simply doesn't work out. The farm is not big enough to support so many people. So many children had to go elsewhere and "try their luck". That is rooted in nature, not capitalism.