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Cake day: July 1st, 2023

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  • CaptainProton@lemmy.worldtoNo Stupid Questions@lemmy.worldXXX
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    8 months ago

    The thing about real estate though, is that supply is inelastic. Your one landlord cannot just turn up production and pump out a million widgets of housing. They’ll sell out, fast. And you’re back to square one.

    All the sophisticated (institutional) landlords modeled and realized that with higher prices and lower occupancy rates they still make more money, and they all use ONE company to set their price on each unit.


  • CaptainProton@lemmy.worldtoNo Stupid Questions@lemmy.worldXXX
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    8 months ago

    Game theory, it’s in the interest of every landlord if prices go up a little, so the overwhelming majority will raise rent.

    Fact is only so much stuff is made and only so much space exists and only so many people exist to make and build etc. Money is just an abstraction for allocating those resources. Broadly speaking the market would adjust and everything would remain the same for 95% of people. The HOPE of UBI advocates is that, after adjustments to prices, the UBI would have an impact on that last 5%.













  • There’s Shall Issue and there’s “Shall Issue”. Where I live (Bay area) it’s 18 months wait and about $2,000 in fees including a state appointed psychiatrist who asks questions all of which have obvious correct answers. I think you need a coworker (specifically a coworker) to write a reference letter too. Also there’s a separate law saying you cannot carry in most places, basically rendering the permit useless.

    I’m not sure what Hawaii was doing but basically all the blue states have some flavor of this, where in the past your kids just had to go to the same school at the sheriff’s or you had to be an executive at a company or a celebrity and you got to carry anywhere you liked. At least now the same rules apply to everyone?