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cycrutchfield
searching PlanetScale…
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91.
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cycrutchfield
3y ago
OK, but most of those “sophisticated investors” rent out their property to generate a return on their investment, so no net housing is lost. In addition, these investors who you claim are not residents are paying property taxes that fund lo
92.
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cycrutchfield
3y ago
You realize there exists a third dimension, right? You can simply build higher.
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cycrutchfield
3y ago
You only feel that resources are constrained because local governments and NIMBYs work to set the policies that make them constrained. Instead of blaming foreigners, you should blame them.
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cycrutchfield
3y ago
It’s a national security issue to let people buy houses? Excuse me while I clutch my pearls tighter. It’s only a problem because we aren’t building enough new housing to meet the demand. You are blaming a symptom instead of the disease.
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cycrutchfield
3y ago
So any passive income is unethical? Receiving interest from your bank deposits is something to be ashamed of?
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cycrutchfield
3y ago
You also need food to live, but the principles of supply and demand seem to hold quite well for such goods. You can go ahead and call these principles simplistic but it doesn’t mean they are wrong in broad terms.
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cycrutchfield
3y ago
> Routledge compiled the data by extrapolating from a Financial Times survey of 77 high- end buyers and data from the U.S. National Association of Realtors First, not exactly a large sample size. Second, how did this analyst know if the
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cycrutchfield
3y ago
> non-native investors buying up real estate that could provide shelter to native citizens is a problem Aside from xenophobia, why?
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cycrutchfield
3y ago
The principle of supply and demand doesn’t just magically turn off when talking about the price of housing. It’s very clear that there is a shortage of housing in places people actually want to live, and this is a huge driver in the price o
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cycrutchfield
3y ago
Why would it feel any different than renting out any other piece of property, ethically? If I rent my car to somebody, is that unethical?
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cycrutchfield
3y ago
Pretty sure you can increase supply without having to resort to building shitty Khrushchevkas for everybody.
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cycrutchfield
3y ago
Yes, NIMBYs tend to have creative rationalizations for their behaviors.
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cycrutchfield
3y ago
Build more houses then
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cycrutchfield
3y ago
That’s quite rich coming from you.
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cycrutchfield
3y ago
You couldn’t resist the temptation to reply, could you? Go outside and touch some grass.
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cycrutchfield
3y ago
You’re the one going in circles chasing your tail. Maybe try asking yourself what you’re doing with your life.
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cycrutchfield
3y ago
Never seen somebody so aggressively wrong. Just take the L and move on, my dude. Surely you have better things to do than to try to boost your ego by “winning” internet arguments through sheer volume of responses.
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cycrutchfield
3y ago
That’s not what OP was saying. They were saying that physician salaries are a big part of the difference, which they are not.
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cycrutchfield
3y ago
What does that have to do with physician salaries?
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cycrutchfield
3y ago
1 million active physicians in the US. At $352k/ year that is only $352 billion in physician compensation, or less than 10% of total healthcare spending. > That’s a big chunk of the difference. The math disagrees with you.
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cycrutchfield
3y ago
I don’t think the military-industrial complex is what they are worried about
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cycrutchfield
3y ago
By all means, apply to medical school, complete all the training, and try for yourself. Or continue to shit remotely from a distance on other people’s work you can’t possibly comprehend.
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cycrutchfield
3y ago
I’m sure you know more than the ophthalmologist and the rest of the surgical team. What are your credentials to opine so confidently on this topic?
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cycrutchfield
3y ago
Have they tried smashing the looms yet?
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cycrutchfield
3y ago
> buy something, and then through no fault of their own, it becomes worth more and they have to sell because they can't afford to pay I fail to see why that’s a problem. Those taxes go to fund local services (like schools, police, f
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cycrutchfield
3y ago
It’s a finite resource. 100 acres of land being barely used should certainly come with a cost. Of all of the things that could be taxed, this one actually makes the most sense.
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cycrutchfield
3y ago
They are welcome to do so, but it would probably be cost prohibitive to do that in a highly desirable area. I’m not sure what the hangup is.
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cycrutchfield
3y ago
The rescue personnel will be safe because there won’t be anything of you left to rescue.
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cycrutchfield
3y ago
Most “generational” wealth is frittered away in a few generations. The problem tends to solve itself over time.
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cycrutchfield
3y ago
How is it fair to the people who worked hard to earn that wealth over the course of their lifetime?
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