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Housing theory of everything[0] strikes again. Situation: Housing demand outstrips housing supply. First order effect: housing prices go up Second order effe
by kilotaras 2y ago
Housing theory of everything[0] strikes again.
Situation: Housing demand outstrips housing supply.
First order effect: housing prices go up
Second order effect: your FBI agents are now experiencing financial instability and worries
Third order effect: your FBI agents are now more susceptible to bribes
[0] https://worksinprogress.co/issue/the-housing-theory-of-everything/ https://worksinprogress.co/issue/the-housing-theory-of-every...
- bradleyjg 2y agoIt’s also worth noting where the money is going. It isn’t evaporating into the air. Everyone talks about increasing numbers of parents helping their adult children from the angle of a moral failure by the children. Why doesn’t anyone stop to wonder why so many older people have so much money in the first place?
- nouveaux 2y agoOlder people have more money because they 1) Lived longer to accumulate wealth. 2) Housing was cheaper relative their income 30 years ago. It's also worth noting that 50% of homeless people are over 50 [1] [1] https://www.governing.com/urban/the-nations-homeless-population-is-aging-dramatically https://www.governing.com/urban/the-nations-homeless-populat...
- bradleyjg 2y agoHousing was cheaper relative their income 30 years ago. This wasn’t some cosmic accident. It was a result of policy choices.
- TimedToasts 2y agoFourth order effect: hiring more FBI agents to monitor the Third Orders. Fifth order effect: hiring more FBI agents to monitor the Fourth Orders. Sixth order effect: Eventually unemployment will be solved!
- woleium 2y agoYou are describing the TSA!
- selimthegrim 2y agoThis sounds like the Okhrana.
- red-iron-pine 2y agothe original Deep State
- AstralStorm 2y agoHousing supply is perfectly adequate. The prices are not, however.
- antiframe 2y agoIf that were true, then many units would be empty. In my city prices are high but vacancy is low. So, how are the prices too high? People are paying them. If there were more supply, prices would drop, but laws prevent increasing supply.
- qntnt 2y ago> If that were true, then many units would be empty. This is literally true. In SF as of 2023, there's roughly 60,000 vacant units. In New York as of 2021, apartments listed as available and unavailable for rent but also vacant was around 89,000. To contrast, there was around 7,700 unhoused people in SF in 2023.
- master_crab 2y agoYeah 89k sounds very low actually. Once you consider apartments in between leases, apartments in Reno, and anything else without a certificate of occupancy, that sounds like the right amount for a hot market with low vacancies
- i_like_waiting 2y agoNY doesn't sound bad at all, there is roughly 10M people, given random estimate of 2 people per apartment, 89k, would be barely 2% Edit: plus in NY you have all those HoA payments, so you pay really high price for not renting the place out
- readthenotes1 2y agoThe FBI has a long history of being a bad actor...
- HDThoreaun 2y agoEveryone does over a long enough timespan
- snird 2y agoI expected the third step to be "shortage of FBI agents lead to deteriorated quality of service". But what you described is far more scary. And this is obviously true for all jobs that hold power. Combine it with bribery that can come from actors like Russia, Qatar, or China - this is an issue that must be fixed now.