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Misleading article: proptech has made managing sfr at scale feasible. But the major drivers are low interest financing for bulk purchases of houses (much che
by CraigRo 3y ago
Misleading article: proptech has made managing sfr at scale feasible. But the major drivers are low interest financing for bulk purchases of houses (much cheaper than mortgages), preferential tax treatment (no transfer taxes, no death taxes), and the fact that homeowners are increasingly incapable or not allowed to provide their own maintenance, making scale worth it.
- atlantic 3y agoWhy is it misleading? The article agrees with your contention that proptech has made sfr at scale feasible. But it highlights the downsides of that system for tenants. And "Homeowners are increasingly incapable?" What does that even mean?
- scantron4 3y agoI think he meant that people are less likely to have home repair skills
- fwlr 3y agoI’ve said many times that facial recognition inherits the moral issues of policing. Maybe I should generalize. Technology inherits the morality of whatever it empowers.
- theandrewbailey 3y agoI've always thought that technology, in general, is a tool that makes the user more productive, whether that be for good, or ill.