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Joined 1 year ago
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Cake day: September 5th, 2023

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  • Nothing. It’s a pretty fantasy. Best I think we can hope for is a few monopolies busted up so some little guys can break into the market. That’ll buy us about 20 years until those little guys have become the new Googles and Microsofts and Apples, and then we start over. We need to entirely rewrite how we do antitrust assessments to account for both vertical and horizontal monopolistic behaviors (a vertical monopoly is a company that controls the entire supply chain where a horizontal one controls the market and customer base. Historically, the US has been more concerned with horizontal monopolies.) It’d be great if we could come up with a better measure of consumer choice that we currently use. If you have the choice between 2 ISPs but they both charge the same amount for the same service, you don’t really have a choice there…at least not a meaningful one.





  • We own 3 rental properties. 1 we bought from my wife’s grandpa because he was about to sell it to one of those “we buy houses scams” and we’re currently renting it out for about 60% the rent on comparable properties…tenets have been great except for a few months several years ago when dude got hurt and couldn’t work. We worked with them through that, and they haven’t been late since or caused any damage. The other 2 are friends/family that couldn’t afford a place on their own, so we bought it, and they rented it. We generally lose money on those 2. I grew up poor, and we had to move every year or two when we got evicted or when we were actually doing things right, but the landlord wasn’t paying the bank.

    There’s a lot of scummy landlords out there, but there’s several of us who aren’t. We charge just enough to cover mortgage and maintenance. The payoff comes after we retire. We can sell the homes (hopefully to the tenets if they’re interested) or supplement our retirements.



  • I agree that home prices are unsustainable, and that’s not a good thing.

    I don’t know that the increase in multigenerational housing is all bad, either. It does help with housing supply, which should lead to lower prices and less interest in corporate ownership. It’s also a way to increase housing density without changing zoning laws, and I can’t imagine the NIMBYs are gonna have a good argument against allowing this. Multigenerational housing could have a positive impact on the loneliness epidemic…if we’re really lucky, it may even lead to a decrease in radicalization by decreasing social isolation.

    I know there’s lots of people who can’t stay with family or wouldn’t want to. We definitely need to get housing supply under control and this isn’t a situation that I would want anyone forced into…but it being more normalized and less stigmatized is, I think, a good thing.