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Aside from the distraction of the author's nuttery, the issue is probably the most salient one for the American middle class over the next century. Either very
by pandeiro 5y ago
Aside from the distraction of the author's nuttery, the issue is probably the most salient one for the American middle class over the next century.
Either very strong measures are imposed to limit / de-incentivize real estate speculation and hoarding, or the vast, vast majority of the population is entirely excluded from any kind of property ownership.
And while simplistic 'conspiracy' thinking definitely is of a much lower value than rigorous analysis, there is IMO merit to at least acknowledging that the politically powerful class might overlap substantially with the rentier (property ownership) class and thus resist any such reform taking place. It shouldn't be out of bounds to speculate on the motives of powerful actors, even if it is obviously not the same as making evidence-based claims.
- dang 5y agoThis comment refers to the original URL, https://twitter.com/APhilosophae/status/1402434266970140676 https://twitter.com/APhilosophae/status/1402434266970140676, which we've since replaced with the article it points to (in keeping with the site guidelines).
- CRConrad 5y agoBut a Twitter URL actually shows a thread, not just a single tweet. And this thread had a lot more links than just that single WSJ article. On the whole, I think the substitution was for the worse, not better. (And if the guidelines actually demand it, they need to be changed.)
- phpsuks 5y agoI don't want to be that guy but I feel like Americans and majority of the democratic World have forgotten that the laws they keep criticizing are the ones THEY voted for. Protesting is fine but I never see voters take responsibility for their own bad choices. They are heavily influenced by so-called influencers and vote according to them instead of their own thinking. CA Prop 13 is something people of CA voted for. It is obviously working for majority of the people in CA. So whats the whining about? People of SF elected Boudin and are not signing enough recall petitions, surely its working for most people. Democracy doesn't guarantee utopia, their will be some people mad about the system. But they have to accept they are in minority. There is no conspiracy, voters need to take responsibility for their own wrong choices first.