this post was submitted on 16 Jul 2024

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303

"The Market" (lemmy.ml)

submitted 5 months ago by yogthos@lemmy.ml to c/memes@lemmy.ml

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[–] Cowbee@lemmy.ml 16 points 5 months ago

Rent-seeking is ruinous behavior.

[–] onlooker@lemmy.ml 9 points 5 months ago (1 children)

Landlords contribute nothing to society.

[–] daniskarma@lemmy.dbzer0.com 9 points 5 months ago

I wish ut was just nothing. The do actually make a negative contribution.

[–] Obnomus@lemmy.ml 1 points 5 months ago

That's why I don't give my house for rent

[+] Tja@programming.dev -12 points 5 months ago (1 children)

Lemmy and the supply - only market model, a classic duo.

[–] AntiOutsideAktion@lemmy.ml 8 points 5 months ago* (last edited 5 months ago) (1 children)

https://www.marketplace.org/2024/04/16/realpage-lawsuit-algorithms-rent/

your understanding of economics is bordering on phrenology in how disconnected from reality it is

even in your own broken model "inelastic demand" exists as a concept

[–] Tja@programming.dev -4 points 5 months ago (1 children)

I have moved a zillion times in my life. Inelastic my ass.

[+] AntiOutsideAktion@lemmy.ml -6 points 5 months ago* (last edited 5 months ago) (3 children)

Why are techbros so stupid? Is it because STEM requires literally zero critical thinking skills?

Can you really not tell the difference between an economy and a single person? And did you move to a cardboard box, or did you continue to need a home? Did the number of homes you needed change? And again, are you stupid?

[–] CyberMonkey404@lemmy.ml 5 points 5 months ago (1 children)

STEM requires literally zero critical thinking skills

Bruh

[–] AntiOutsideAktion@lemmy.ml -2 points 5 months ago* (last edited 5 months ago)

Yeah? What? You got something to say?

[–] Tja@programming.dev 1 points 5 months ago (1 children)

Yes, as the search radius expands, there are different homes that become available, at more attractive prices.

[–] AntiOutsideAktion@lemmy.ml 1 points 5 months ago* (last edited 5 months ago) (1 children)

You're too stupid to understand how that's completely orthogonal to the subject being discussed. No fucking shit, idiot. You mean there's more than one seller on the market? The fuck does that have to do with the concept of inelastic demand? Do a fucking google search before you speak. Look at a goddamned dictionary at least. Understand what the fucking topic is. Holy shit.

[–] Tja@programming.dev 1 points 5 months ago

Oh, did we just learn a new word and want to use it in big boy conversation? Are we cranky that people point out basic flaws? Don't worry, I'm sure you'll get it right!

[–] Ransack@lemmy.dbzer0.com -1 points 5 months ago (1 children)

You also on a bandwagon for the price of fuel? Food? Transportation? Taxes? How about the fees you pay your bank for having an account?

While I agree that there are a ton of bad landlords sadness is there is no decrease in price anywhere. Insurance, property taxes, cost of repairs/enhancement, maintenance.

The majority of renters would have difficulty keeping up financially even before the price spike during COVID when rates were low. Now both the price and mortgage rates have gone up and fucked everything even more.

Anyway back to my point why is this the sword you actively choose to fall on when I believe it's one of the smaller problems to be ranting about.

[–] AntiOutsideAktion@lemmy.ml 3 points 5 months ago (1 children)

Incoherent

[–] Ransack@lemmy.dbzer0.com 1 points 5 months ago

Cool