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>You got lucky with the old owner. They gave you a sweetheart deal. I shopped around and found a good deal. It including moving to a suburb with cheaper rents
by protocolture 1y ago
>You got lucky with the old owner. They gave you a sweetheart deal.
I shopped around and found a good deal. It including moving to a suburb with cheaper rents and still making sure I found something good.
But this is the market. Its not full of spherical cows, its full of human beings making human decisions.
I found humans who valued longevity over pure profit. This is not a unique scenario, people use rents as retirement income all the time. They wanted a consistent tenant, and the suburb I wanted to move to is famous for inconsistent tenants.
I valued low prices and outdoor space. We found a price we both agreed on. I know of other examples of this happening near where I live, it isnt unique.
Likewise, costs being passed directly to the renter, not unique.
- eru 1y ago> I found humans who valued longevity over pure profit. LVT does not preclude these precious humans from existing.
- protocolture 1y ago>LVT does not preclude these precious humans from existing. LVT just punishes them more severely for doing so.
- eru 1y agoNo, the opportunity costs are exactly as before. That's why LVT has no deadweight losses.
- protocolture 1y agoIts cool that someone trained an LLM on wallstreetbets and crypto discords but whoever did it can turn it off now please.