anon9384929 (u/anon9384929)

anon9384929 commented on JPMorgan to spend $1B on rental homes in the US to become a megalandlord businessinsider.com/jp-mo... · Posted by u/raybb

frankreyes · 3 years ago

> I don’t know who promised you this, but it sounds like you got sold a bridge in Brooklyn.

Gold keeps increasing in value, the Mona Lisa too... Econ 101.

I've already partially answer this in another comment but if you think about it: I'd never buy a property with a 30 year mortgage if I'd known it'd lose its value. I'd be better or cheaper to just rent. But then if buying is a bad choice, because what just said, then who we'd be renting from?

I'm with you, that housing should be affordable. But it seems that everyone here forgets basic Economics.

anon9384929 · 3 years ago

If you wouldn’t have bought it with a ridiculous amount of money if it would ever go down, maybe that’s a hint that prices are, indeed, way too high…

Anyways, gold doesn’t go up like you think it does (I recall it spent the better part of a decade getting smoked) and your house in some city isn’t a one off like the Mona Lisa.

anon9384929 commented on JPMorgan to spend $1B on rental homes in the US to become a megalandlord businessinsider.com/jp-mo... · Posted by u/raybb

frankreyes · 3 years ago

Because the implicit promise of housing is that it will never depreciate it's value. It's a safe bet against inflation over long run.

For normal homeowners who want to pass an inheritance to the next generation, a house is both a home and, a retirement plan, and an inheritance investment.

The big losers in cheap housing are the families that've paid a mortgage for 30 years in order to save money for the future.

Asking for cheap housing, today, is like asking for eating the cake and selling it too.

anon9384929 · 3 years ago

This is a silly take in my opinion.

Something never depreciating against its value is simply bad economics. Things will always appreciate and depreciate. I don’t know who promised you this, but it sounds like you got sold a bridge in Brooklyn.

Given that, there are plenty of other ways to save, pass on an inheritance, etc. You don’t need to hoard land so that I can’t live anywhere.

I don’t really care about your 30 year mortgage, respectfully. I probably wasn’t born when you signed it - why do you get to fuck me out of having affordable housing when I wasn’t even born yet to have that fight with you?

anon9384929 commented on Fark.com's live thread during the Sept. 11 attacks fark.com/comments/45086/N... · Posted by u/cpp_frog

Bakary · 4 years ago

I can understand America and China being the only two realistic options for a superpower at the moment.

What I don't understand is the idea that the EU as a superpower is less plausible than Russia?

anon9384929 · 4 years ago

It can’t even keep its most important members in. European pride will be its downfall.

When asked, Americans are Americans first, then whatever state they come from second.

Europeans are whatever state they come from first, European second.

Most European countries haven’t seen per capita GDP growth since the beginning of the millennium.

They’d rather preserve their “culture” than compete and survive, and it’s starting to show up in the data.

anon9384929 commented on Google's Project Nimbus is the future of evil androidcentral.com/phones... · Posted by u/danboarder

hammyhavoc · 4 years ago

Can I ask what your credentials are? And could you write a post addressing their points?

Edit: that sounds hostile, it isn't meant to, just curious.

anon9384929 · 4 years ago

Stop defaulting to asking for sources or credentials and make your own case for why we should listen to the authors points

anon9384929 commented on UK energy bills are soaring to record highs carbonbrief.org/analysis-... · Posted by u/jakewins

bsaul · 4 years ago

If europe is destroyed this winter because of riots or total economy collapse, ukrainians won’t have anyone anymore to back them up. It may be an horrible dilemma but buying russian gaz while still maintaining embargo on anything else may still be the best sustainable solution to fight russia in the long run.

anon9384929 · 4 years ago

This comment conveniently ignores the worlds sole superpower? The US will be more or less fine this winter, and likely sees a crisis like this as an awfully cheap way to get rid of one of its only real military competitors.

anon9384929 commented on The day I discovered that Apple Maps is Kind of Good now xkcd.com/2617/... · Posted by u/lakis

anon9384929 · 4 years ago

Does anybody know why Apple Maps will still show directions when an iPhone is locked (basically turns the wallpaper into the directions), but for Google Maps you have to actually unlock the phone?

Isn’t this dangerous?

anon9384929 commented on To understand what is wrong with the west, think of libraries vaghetti.dev/posts/librar... · Posted by u/vaghetti

DuskStar · 4 years ago

I think it's ironic that you complain about robber barons preventing the modern equivalent to libraries when Andrew Carnegie built 2000 public libraries in the US alone.

anon9384929 · 4 years ago

You’re proving OPs point… they aren’t doing this anymore.

anon9384929 commented on When was the last time 98% of scientists got something important wrong? quora.com/When-was-the-la... · Posted by u/RickJWagner

kayamon · 4 years ago

The energy was already generated. Imagine you're a power company. You gotta sell your energy. Who do you sell it to? Locally? To that price-fixed monopoly who have exclusive control simply because they happen to be physically located near your very heavy and hard-to-move power station? Or do you mine Bitcoin?

As long as a free market exists, for whatever stupid ass reason, a fair economy will result from those economic pressures.

anon9384929 · 4 years ago

This is fundamentally not how power markets work. You offer to sell the grid power before it is produced - you have this backwards.

You sell it to anybody you want (some regulations aside). The grid operator makes it available to anybody who wants to plug into the grid. There are many regulations that make it such that anybody who wants to plug into the grid can do so as long as it’s not destabilizing, and even then, they’ll often work with you.

If you were an expert in energy markets, you’d see that you can go to an ISO and see which entities are market participants - of which utilities are just a few.

I could, and regularly do, sell some random company power that the grid / transmission operator HAVE to transport for me as long as I’m not physically destabilizing the grid by messing with frequencies, etc.

You also have the location of the power stations backwards. We choose to build power stations in an area because we see unmet or growing demand, not because some utility showed up and demanded we do it…

Pretty much all of your arguments so far are based on premises that simply aren’t true.

anon9384929 commented on When was the last time 98% of scientists got something important wrong? quora.com/When-was-the-la... · Posted by u/RickJWagner

kayamon · 4 years ago

"You people" implies identity politics instead of discussion of actual ideas. This is not science.

anon9384929 · 4 years ago

“This is not science” - you keep saying that as if an online forum should be a peer reviewed, etc. thing. It makes you sound childish. You haven’t laid out any coherent points and continue not to.