this post was submitted on 11 Dec 2023
1166 points (93.8% liked)

Memes

45680 readers
1085 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 11 months ago* (last edited 11 months ago) (1 children)

there’s always a significant additional bureaucratic cost when selling a house and buying another one.

This really only affects landlords and estate agents. Most people looking for a home are looking for a place to stay for life, and any "bureaucratic cost", if you're purely talking about red tape, form-filling, phone calls etc, is more than worth it for a lifetime home. Again, citation needed. If you're talking about a literal monetary cost... whoa, look at that - capitalism!

renting has at least a single clear benefit beyond just being able to afford it: greater flexibility

"Flexibility" is a daft measure, only useful for people who plan to move often, which, again, is not common, except in the case of people needing to move often for work, which - hey, it's capitalism again!

Also, the financial risk is almost zero when you rent.

"Almost" is doing a lot of work in this sentence. The risk of being made homeless by your landlord for petty reasons is a pretty clear risk. Having your rent hiked is a financial risk. Having to bite the bullet and choose an expensive place to rent because it's the only one reasonably close to work is a financial risk. Being under someone's thumb to provide them income is itself an inherent financial risk.

And by the way - what do you think causes the financial risk of home ownership, since you're so intent on proving my point for me?

[–] [email protected] -2 points 11 months ago* (last edited 11 months ago) (1 children)

And by the way - what do you think causes the financial risk of home ownership

Accidents, subpar maintenance, market changes, divorce.

[–] [email protected] 4 points 11 months ago* (last edited 11 months ago) (1 children)

Try and think a little more deeply. An accident in itself is not a financial risk. Even flooding isn't inherently a financial risk. Do you know what is?

Also, "market changes" is a part of what I'm pointing at ;)

It's capitalism!

[–] [email protected] -3 points 11 months ago* (last edited 11 months ago) (2 children)

That's cute, but also not how any of this works.

I suggest https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465060730 -- it's 700 pages but I'm sure you can do it if you put some effort in.

[–] [email protected] 4 points 11 months ago* (last edited 11 months ago) (1 children)

fosforus uses deflection!

It's not very effective!

Answer me instead of making bad jokes, coward.

By the way - are you unaware of the incredible self own inherent in this? In your attempt to "recommend" a book for more information on these issues, you recommend "basic economics". Well...

[–] [email protected] 0 points 11 months ago* (last edited 11 months ago) (1 children)

Makes bad jokes, doesn't reply to actual content or even check out the book I recommended, assumes content from book title. Calls me a coward for making bad jokes.

Well done, 10 internet points to you my friend.

[–] [email protected] 4 points 11 months ago* (last edited 11 months ago) (1 children)

Dude. It was entirely a deflection. Answer my fucking comment. I have literally no need whatsoever to respect your "recommendation". It was an attempt to avoid answering my statements and nothing more than that. So go ahead, answer. Or are you too scared?

Also, I have Cowbee's statements to lean on, which you yourself conceded to, to know what the book is like.

[–] [email protected] -2 points 11 months ago* (last edited 11 months ago) (1 children)

Answer my fucking comment.

Read the book. Educate yourself beyond the crap you've studied so far.

Also, I have Cowbee’s statements to lean on, which you yourself conceded to, to know what the book is like.

I conceded that he has such an opinion.

Do you need more internet points for being so incredible?

[–] [email protected] 5 points 11 months ago

Still not an answer. You can say all you like, but until you answer you are only continuing to deflect.

[–] [email protected] 4 points 11 months ago (1 children)

Oof, unironically suggesting Sowell? Might as well toss in Prager-U, or DailyWire.

[–] [email protected] -3 points 11 months ago* (last edited 11 months ago) (2 children)

Ok, so which multiple award-winning, widely respected PhD of Economics would you suggest instead? Or you just against things instead of having any positions of your own, like most other deep-end socialists are?

[–] [email protected] 7 points 11 months ago* (last edited 11 months ago) (1 children)

For one, I wouldn't recommend a clown that supports removing the minimum wage, or argues that colonization was a good thing. Recommending a far-right Chicago economist, who is far-right even by Chicago school standards, is laughably absurd.

I have many positions of my own. Decentralization is key, as is democratization, and this extends to production. I think protecting worker power is key, and I think Imperialism and colonization are terrible. As such, I can't agree with recommending Sowell.

All of those are reasons why I'm a leftist and am on Lemmy, rather than a Capitalist site like Reddit.

[–] [email protected] 2 points 11 months ago
[–] [email protected] -3 points 11 months ago

Henry Kissinger won a nobel peace prize lmao

Capitalist awards often mean you are bad at the thing they're commending you for