“The fact is that property offers a better return than other investments. We have an economic model that encourages investment in assets that don’t create any value but simply use rent as a way of sucking money out of the middle classes“
pull down to refresh
42 sats \ 0 replies \ @SwapMarket 5 Apr
The state wants the sheeple to blame landlords. Don't look at the price of gold over the same period or, god forbid, bitcoin. Don't even think to mention Euro debasement.
reply
155 sats \ 4 replies \ @Undisciplined 5 Apr
I don't suppose anyone's considering making it easier to develop more and cheaper housing.
reply
42 sats \ 1 reply \ @lrm_btc 6 Apr
Here in the US we sure aren't. People don't seem to comprehend that "affordable housing" is incompatible with the mandates on increased standards of living that they keep voting for.
reply
0 sats \ 0 replies \ @Undisciplined 6 Apr
That's why I asked. I figured this issue is just as dumb anywhere that has a "housing crisis".
reply
26 sats \ 1 reply \ @Diego OP 6 Apr
Generally every gov will come in and say yeah we’re gonna build ‘X’ number of houses only to be hit with a barrage of red tape, environmental opposition and NIMBYISM. Everyone thinks it’s a good idea to build affordable housing as long as it’s not near them
reply
0 sats \ 0 replies \ @Undisciplined 6 Apr
Much the same here (Or at least the parts with unaffordable housing).
reply
31 sats \ 1 reply \ @nikotsla 6 Apr
They need to look into Argentine, this is the same storytelling to put the state in the middle.
- Someone (the state) need to put a max price
- The situation is this because some external actor (bad people, funds, the rich) are buying to rent and it is because of "them" that you can't rent
- We need someone (the state) to build more house at cheaper price
See the pattern? They want to robe you one more time, stop watching the news, use bitcoin, there is NO issue, just the state making noise between private.
reply
1 sat \ 0 replies \ @lrm_btc 6 Apr
Great point. Solutions almost never come from the state.
reply
14 sats \ 0 replies \ @398ja 5 Apr
Reminds me when I used to be a landlord, renting cheap student apartments... It actually sucked more money out of my pockets, until
I finally sold everything for bitcoin.
Never again!
reply
0 sats \ 0 replies \ @StackerJack 6 Apr
It's crazy how the housing crisis is just this ongoing problem that keeps getting worse. In Spain, people are protesting against sky-high rents and unaffordable homes, and it’s eerily similar to what's going on in Ireland.
The system's rigged - the governments talks a big game, but nothing changes. It's all about profit for the rich, and we get stuck paying for it. When will they realize we need affordable housing, not endless handouts to developers? Everyone is fed up, and honestly, things need to change before it gets even worse, because they most certainly will.
reply
0 sats \ 1 reply \ @libertad2cero 6 Apr
Investment in housing/real estate doesn't offer any real return—only nominal. In other words, it merely protects against actual inflation (which is much higher than the official rate).
reply
10 sats \ 0 replies \ @nitter 6 Apr bot
https://xcancel.com/libertad2cero/status/1871492416953516384
reply
0 sats \ 0 replies \ @Butterfinger 5 Apr
If they go to tinny towns they will find a great offer of cheap houses, but they want big cities.
reply