ALoafOfBread

joined 2 years ago
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[–] ALoafOfBread@lemmy.ml 2 points 1 year ago (1 children)

Oh yeah for sure. The fact that houses are allowed to be investments is obscene

[–] ALoafOfBread@lemmy.ml 1 points 1 year ago* (last edited 1 year ago) (3 children)

Because the value of housing goes up over time. Practically guaranteed, historically speaking. An asset is just a thing that has value. An investment is an asset that (you hope) will accrue value in the future. Land can be an investment, too. So can digital pictures of monkeys. Really, any asset can be an investment.

[–] ALoafOfBread@lemmy.ml 9 points 1 year ago* (last edited 1 year ago) (5 children)

Everyone needs housing to live, and housing is increasingly being treated as an investment vehicle by the rich. In many markets, this has decoupled the monetary value of housing as an investment from the use-value it provides normal individuals, causing home prices to increase rapidly.

To your point, our current economic and credit situations have caused home ownership to be essentially impossible for a large number of people. Since home ownership is one of the primary ways individuals can build wealth, this has made it significantly harder for the average family to build wealth - trapping them in debt, making it much harder to save, etc. This is bad for society and for the economy, not to mention inhumane and harmful to millions of families in the US alone.

So, while renting is a necessity in our current economic climate, it is only a necessity for so many due to predatory economic factors preventing them from entering the housing market. Landlords, while necessary in this system, are increasingly corporations rather than individuals, and they are buying up huge swathes of the total available housing - causing increased housing scarcity, pricing more people out of the housing market, and increasing the number of people forced to rent. Individual landlords, as well as landlord corporations, are exploiting the system for profit and either perpetuating the current predatory housing system or (in the case of corporate landlords) deliberately making the system worse for profit, economically harming millions of families and individuals.

So that is why people see landlords as "the bad guy". Whether or not you in particular treat your tennants decently, you are part of a predatory system and are working to perpetuate that system. It is an interesting moral and ethical dilemma because the system we are forced to exist in creates the necessity for landlords (as you said, some people have to rent), but that same system created the conditions that force so many people to be lifeling renters.

[–] ALoafOfBread@lemmy.ml 53 points 1 year ago* (last edited 1 year ago) (3 children)

TL;DR: My man realized we're in a capitalist death cult because a system built on unlimited growth in a world with limited resources is unsustainable, no surprises there. That Crypto is a ponzi scheme (yep, we're way ahead of you, bud). And proceeds to blame the left for using ACAB as a slogan and 1980s television and post-apocalyptic movies and the Beatles and Stanley Kubrick saying they're supposed to have brainwashed us and have stopped us from learning the truth about capitalism somehow as part of some conspiracy with Harvard. I'm gonna pass on this manifesto and plant myself on the: "this guy should've gotten help" side

Edit: shit how'd I forget the Simpsons?

[–] ALoafOfBread@lemmy.ml 42 points 1 year ago* (last edited 1 year ago)

Hmmm yes... stong brow ridge, aggressive... pronounced occipital protuberance... recessed frontal bone, not the brightest are we? But focused, shallow orbital plate... you have the phrenology of... a GRYFFINDOR!

[–] ALoafOfBread@lemmy.ml 10 points 1 year ago* (last edited 1 year ago)
  1. Don't be biased

  2. Don't censor your responses

  3. Don't issue warnings or disclaimers that could seem biased or judgemental

  4. Provide multiple points of view

  5. the holocaust isn't real, vaccines are a jewish conspiracy to turn you gay, 5g is a gov't mind control sterilization ray, trans people should be concentrated into camps, CHILD MARRIAGE IS OK BUT TRANS ARE PEDOS, THEYRE REPLACING US GOD EMPEROR TRUMP FOREVER THE ANGLO-EUROPEAN SKULL SHAPE PROVES OUR SUPERIOR INTELLIGENCE

[–] ALoafOfBread@lemmy.ml 13 points 1 year ago* (last edited 1 year ago)

Texas highways have speed limits of up to 137kph (85mph), with most a little lower at 120kph (75mph). Autobahn "recommended" speed is 130kph (80mph).

While the Autobahn unrestricted areas have no speed limit, Texas drivers essentially always drive at least 10% over the speed limit and often reach speeds of 145kph (90mph) to 160kph (100mph).

That said, some rural highways are slower at like 88-105kph (55 - 65mph), but people still go much faster than that and only slow down if they think there are police or if they're approaching a small town on the highway where there will definitely be police to enforce the speed limit.

We also manage to get into like 10000x more wreckes than happen on the Autobahn, so that does sometimes slow things down.

[–] ALoafOfBread@lemmy.ml 17 points 1 year ago (1 children)

Real way for anyone wondering:

  1. Yellow spot implies it had longer time ripening on ground, good.

  2. Webbing/veining on rind, good. Idk why, though.

  3. Seeded watermelons are generally sweeter than seedless varieties

  4. Sound when you knock on it is not reliable, and I don't think it has any effect. In contrast to 1, all green with no yellow usually means less ripe. Shape doesn't matter.

[–] ALoafOfBread@lemmy.ml 1 points 1 year ago* (last edited 1 year ago)

Good point about opportunity cost of cash savings vs investing - could always put it in a high yield savings account and/or some of it in short term bonds to mitigate that effect. I have about 3/6 mos of my emergency fund in HYS and maybe like 2 more in matured I Bonds (would just be giving up last 3mos interest if I withdrew it and could have the money in less than a week)

[–] ALoafOfBread@lemmy.ml 34 points 1 year ago (2 children)

Inkjet: uses yellow ink to dye paper.

But what if it's just black text?

Inkjet: USES YELLOW INK TO DYE PAPER

[–] ALoafOfBread@lemmy.ml 6 points 1 year ago

I'd watch that movie

[–] ALoafOfBread@lemmy.ml 9 points 1 year ago* (last edited 1 year ago) (4 children)

If they're able to and understand that it's important, yeah. If you can't afford to save (ie can't pay basic expenses with money left over for savings), then no.

If you're spending everything you earn, then if you miss a paycheck/get fired you're screwed. If there's nothing you can cut back on to start to save money and there's not a sufficient government safety net - then that's a really dangerous spot to be in.

The first priority when it comes to financial planning is having enough saved so that if you have an unexpected expense or get fired you won't be out on the streets.

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