Random Thoughts.....What Are You Thinking?

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2010-06-21
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Random Thoughts.....What are you thinking?
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 Asura.Eiryl
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By Asura.Eiryl 2025-10-23 10:54:26  
Shiva.Thorny said: »
Almost nobody is going broke because of their milk budget. It's rent or vices. Build more housing and it's much harder to opportunistically price gouge on rents. That's why private equity lobbies against it.

You can't really do anything to help people who keep a running credit card balance but still go out to eat, buy drinks at bars, and have a lease on a 2 year old vehicle. Financial illiteracy is responsible for far more financial insecurity than the economy is atm.

Can't build houses because it will lower the value of existing houses.

Financial illiteracy (and straight up illiteracy) are what make the market function. Financially literate society would tell apple to go *** itself etc.
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By Afania 2025-10-23 10:57:42  
Asura.Eiryl said: »
The problem with minimum wage is greed.


Yeah, imagine building an economy system by making the assumption that greed doesn't exist.....tell me how that would work. I can't imagine.

It's way more practical to build a system that assumed everyone has greed and give people a fair chance to make money using their greed, not taking their chance to make money away and tell them "greed is no good". That kind of system simply aren't gonna work. You can't take greed away from humanity with policy.

Asura.Eiryl said: »
The shareholders demand it. legally obligated.

If everybody in an economy is a shareholder, or at least people all have a very good chance to become shareholders. IMO, it would be utopia....or at least close.

Don't you think we should work towards that goal not the other way around?

IMO a rich society doesn't mean everyone has equal wealth(never gonna happen), but even people in the bottom can be self sufficient and have a comfortable life. And that's really only doable if everyone becomes shareholders by owning assets and let money make money for them, plus low inflation.

Higher inflations and tax contradicts that goal IMO. When you can't save, you can't buy any money generating assets and you become poor forever.
 Carbuncle.Nynja
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By Carbuncle.Nynja 2025-10-23 10:59:44  
1-Cant build houses because of all the bureaucratic red tape in the way
2-Theres a very easy way to fix the housing problem but its a conversation most people arent comfortable having (and Vyre wont allow it). I'll give you a hint though: it involves undoing a ~20% population increase over the past decade.
 Shiva.Thorny
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By Shiva.Thorny 2025-10-23 11:01:18  
Carbuncle.Nynja said: »
Theres a very easy way to fix the housing problem

it's dangerous right-wing hate speech to suggest we should limit or reverse illegal immigration, so i'm going to assume you mean something sane like building tenements in your backyard
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By Dodik 2025-10-23 11:01:48  
Underground bunkers are where it's at.
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 Carbuncle.Nynja
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By Carbuncle.Nynja 2025-10-23 11:04:06  
Shiva.Thorny said: »
i'm going to assume you mean something sane like building tenements in your backyard
1-back yard? I'm in Canada, a condo here costs as much as a 2 story house in most of America.
2-Even if I had one, lol no
3-See point 1 on the post you quoted
4-

First thing to do is turn off the faucet, not go "the sink should be bigger"
 Asura.Tarquine
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By Asura.Tarquine 2025-10-23 11:13:48  
jfc... i can't be arsed to do look up countless fricking things just to figure out what campaigns start after this weird 3 day break.
 Carbuncle.Nynja
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By Carbuncle.Nynja 2025-10-23 11:14:40  
Asura.Tarquine said: »
jfc... i can't be arsed to do look up countless fricking things just to figure out what campaigns start after this weird 3 day break.
Its the same campaigns, they couldnt even be bothered to mix up the campaigns before and after the pause.

I dont even know why they put a pause this time. For what?
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By Afania 2025-10-23 11:22:01  
Carbuncle.Nynja said: »
2-Theres a very easy way to fix the housing problem but its a conversation most people arent comfortable having (and Vyre wont allow it). I'll give you a hint though: it involves undoing a ~20% population increase over the past decade.


There is actually another way to lower housing prices: make actual business/tech investment more profitable than real estate so money go to stocks and business investment instead of real estate.

I have observed real estate price growth in my region slow down since AI boom, because AI supply chain industry siphoned most of the capital in the market. When people are no longer interested in making money from real estate due to lower investment return than AI, housing price goes down.

In the past decade real estate industry was the most profitable and biggest industry sector in Canada. That's why housing price in Canada keep going up crazy: everybody and their mother with money invest in real estate instead of stocks/business because real estate makes more money than investing in business. So real estate price goes way up because it siphoned a lot of money. It's actually not a healthy economy if real estate industry has such a huge gain.

If Canada has highly profitable tech sector like US does and capital goes there instead, it should solve some of the housing price issues.
 Asura.Eiryl
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By Asura.Eiryl 2025-10-23 11:30:19  
"Investing" in housing should be illegal. Full stop.

Houses are to be lived in. Not bought and sold for profit. or rented for profit. They are not assests. They are not commodities. They are dwellings. And exclusively dwellings.
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By Dodik 2025-10-23 11:32:24  
There are entire businesses centered around buy-for-rent properties and that includes insurance companies, banks that only mortgage for buy-to-rent and companies that specialise in buying and selling only buy-to-rent properties.

Why would the very companies that make profit off buy-to-rent support cheaper buy-to-live properties.
 Asura.Eiryl
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By Asura.Eiryl 2025-10-23 11:35:17  
They obviously wouldn't. No one would ever allow the existing system to be altered.
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By Afania 2025-10-23 11:40:51  
Asura.Eiryl said: »
They obviously wouldn't. No one would ever allow the existing system to be altered.


If system is democracy and large amount of people don't want to alter the system, that means the system probably benefits more people.

I don't mind people invest in real estate, but I think it's more ideal if investment in technology yield more return than real estate. So money goes to technology and make our life better.
 Carbuncle.Nynja
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By Carbuncle.Nynja 2025-10-23 11:44:56  
oh no lazy people on welfare who refuse to work because of *** reasons are mad society wont give them a free 2 story 3 bedroom house to have for themselves

me:
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By Dodik 2025-10-23 11:47:20  
Man, fat Ricky Gervais was so much funnier than a little less fat Ricky Gervais.
 Asura.Tarquine
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By Asura.Tarquine 2025-10-23 12:01:30  
I saw that as fat Steven Segal
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 Garuda.Chanti
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By Garuda.Chanti 2025-10-23 12:21:30  
Afania said: »
Capitalism always benefits making money with money, it doesn't benefit making money with labor.
At its most basic capitalism IS using money to make money rather than using labor to make money.

This includes, of course, paying labor to make money for the capitalist.
 Garuda.Chanti
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By Garuda.Chanti 2025-10-23 12:28:06  
Real estate is not housing.

Real estate prices go up because its EXPENSIVE to make more land.

Housing prices go up for hundreds of different reasons. The single biggest reason here in the US of A is urbanization.
 Asura.Eiryl
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By Asura.Eiryl 2025-10-23 12:32:25  
Land is easy.

Every home in america has 3 homes worth of lawn. Stop coveting grass and we triple the living area.

We could have 100 million tiny homes up in a year. with no lawns. except that it would destroy the housing market and cause a depression. ironic.

No profit in a 500 sqft starter home. unless it's a trailer, and you're charging $700 lot rent. Then we'll build 100 million of THOSE.
Quote:
The mobile home market is growing rapidly, driven by high demand for affordable housing, with forecasts predicting a compound annual growth rate (CAGR) of around 6-6.6% between 2025 and 2030
 
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 Bahamut.Celebrindal
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By Bahamut.Celebrindal 2025-10-23 12:44:41  
Asura.Eiryl said: »
Land is easy.

Every home in america has 3 homes worth of lawn. Stop coveting grass and we triple the living area.

We could have 100 million tiny homes up in a year. with no lawns. except that it would destroy the housing market and cause a depression. ironic.

No profit in a 500 sqft starter home. unless it's a trailer, and you're charging $700 lot rent. Then we'll build 100 million of THOSE.
Quote:
The mobile home market is growing rapidly, driven by high demand for affordable housing, with forecasts predicting a compound annual growth rate (CAGR) of around 6-6.6% between 2025 and 2030

Land might be easy...but the right land sure isn't. If you're comfortable with living in the boondocks because you can take care of yourself, you can still get amazing value.
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By Dodik 2025-10-23 12:58:35  
Even in the cities there's space. Gentrification baby. Exactly like in Shameless.

Unfortunately a lot of land is public entity owned and cannot be redeveloped.
 Garuda.Chanti
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By Garuda.Chanti 2025-10-23 13:33:15  
Bahamut.Celebrindal said: »
Land might be easy...but the right land sure isn't. If you're comfortable with living in the boondocks because you can take care of yourself, you can still get amazing value.
THIS!!! I do and I do.
 Fenrir.Richybear
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By Fenrir.Richybear 2025-10-23 13:40:38  
Carbuncle.Nynja said: »
1-Cant build houses because of all the bureaucratic red tape in the way
2-Theres a very easy way to fix the housing problem but its a conversation most people arent comfortable having (and Vyre wont allow it). I'll give you a hint though: it involves undoing a ~20% population increase over the past decade.

We'll compromise and blast Quebec into the sun.
 Carbuncle.Nynja
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By Carbuncle.Nynja 2025-10-23 14:18:28  
Kaffy said: »
plenty of room out here away from the big cities. nice and quiet, too. couldn't be me living among that many people.
I would if it didnt involve spending $500 a month on gas and adding 10 hours to my weekly commute.
 Asura.Eiryl
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By Asura.Eiryl 2025-10-23 14:52:51  
Holdup. Did Josiah delete his ah account?

I went back two pages to look for something and all their posts are gone.

I was gonna tell ya, when I mentioned cirkul, I bought it same day, got it yesterday. Love this thing. It's awesome.
 
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By Pantafernando 2025-10-23 15:12:09  
Seems so.

Weird, I dont remember any signs of him talking like he was quitting.

In fact, I thought he was more active lately.
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By Pantafernando 2025-10-23 15:14:02  
Maybe he felt pissed none commented his last PICs that makes you lol.

You guys just want to talk about politics instead of laugh.

That why our world is so gray
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By Pantafernando 2025-10-23 15:16:00  
Another possibility is that maybe he never existed in our world, only in a parallel dimension.

We think we know a Josiahkfc, but in fact, he never existed
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