• 0 Posts
  • 19 Comments
Joined 1 year ago
cake
Cake day: March 1st, 2024

help-circle







  • Exactly, many people rent because they’re credit constrained - they can’t borrow the lump sum even though they have enough to pay the rent each month.

    Banks are shit at supplying houses because they like to protect the (over)value(d) assets of their balance sheet - plus they ration credit inefficiently. (source some papers by joe stiglitz et al).

    Council housing / social housing / rent controlled is the thing to fill the gap, the government can borrow againts its much more secure asset and pay the construction workers. Govt should not care about crashing a house price bubble; in fact it should want to - oh hang on . . . govts are controlled by landowners too.

    Definately land (ownership) reform needed hopefully to democratise governments at least a wee bit more representative.









  • I just dont get why you have to assume that though?

    Maybe I’m a pessimist, but I’ve met and worked with enough humans that I think the best assumtion is that they’re all full of shit until they prove otherwise.

    It’s fine to rely on experts for some things, but if those experts aren’t subject to independent scrutiny or directly independent of the claim or sunjecy under test, or can’t give clear testable /replicable evidence, I’d just not put much weight on their testimony as a source of evidence.



  • I hope the screenshot dude is also going to stop this unquestioning belief in the things people say or claim without evidence.

    Those first two paragraphs look like a tendency to prefer hero-worship to critical thought; that seems to be a fairly widespread problem in humans from long before this latest batch of demagogues.

    There’s also a hint of “I’m not an ‘expert’ in it so I can’t (be bothered) to understand anything about it” also a very depressingly common attitude.