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Landbastards (midwest.social)

submitted 6 months ago by seahorse@midwest.social to c/memes@midwest.social

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[–] grue@lemmy.world 0 points 6 months ago (2 children)

Well, they could certainly try, fail, and go bankrupt when the rents and values collapse. (If that's not the result, it just means you need to densify the zoning even harder.)

[–] gimpchrist@lemmy.world 2 points 6 months ago (1 children)

So everybody has to live toe-toe like God damn sardines because these people are too greedy? Sounds so great.

[–] grue@lemmy.world -1 points 6 months ago

No, everybody has to live toe-toe because they all want to live in the same place. The 'landbastards' are ultimately just red herrings that have nothing to do with it.

[–] exocrinous@startrek.website 1 points 6 months ago

Bruh, people are making money on Bitcoins and nfts. Speculative investments don't need to have any tangible value to be profitable. It doesn't matter that there's more houses than anyone could ever live in. It's a tulip panic, actual value is irrelevant.