Panzer04

57 ms·

811.
by Panzer04 5y ago
Investors and speculators don't live in houses, renters do. If there isn't renting demand, than it doesn't matter how much speculation there is, prices will fall. Blaming investors is directing the anger at the wrong place. B
812.
by Panzer04 5y ago
What do you mean "obviously reductive"? Why wouldn't it work?
813.
by Panzer04 5y ago
It’s a fun theory, but a lot easier to be rich by making 10x the median wage, rather than making the money you have go slightly further.
814.
by Panzer04 5y ago
Is this seriously what people think? That sounds totally nonsensical. Do people just completely forget how far we’ve come to get today? Just totally romanticise anything in the past? Get real…
815.
by Panzer04 5y ago
Look up renaissance technologies. More quant than typical investing, but it proves that beating the market is possible
816.
by Panzer04 5y ago
I don't understand why houses should be excluded from the capitalistic process; If councils were doing their job and permitting sufficient housing construction, then high prices = more housing = everyone is happy. I'm no expert on
817.
by Panzer04 5y ago
In fairness, China has twice the population of the entirety of Europe put together. It's easy to expand an economy from a small base, less so when you're already starting from a decent level. Interesting stats nonetheless, I wasn&
818.
by Panzer04 5y ago
Most countries with very high pop growth are coming out of more or less preindustrial conditions - subsistence farming, children needed to feed the parents in age, lack of access to contraception, just getting better medical care to do rece