Conversation
I'm working hard so that when I grow up I'll be able to get a good job so I can afford to live in a van of my very own and eat in the not-sprayed-with-poison section of the grocery store

God I'm so fucking jealous of boomers why was I born right before the empire shat itself
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@scathach Stack up fat wads of cash by living like a hobo for a while, then fuck off to a country with reasonable prices, build an apartment complex, and chill as a landlord.
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@scathach I didn't say "squat and live off gibs" I said "gather capital, invest it on something solid, and live off that honest capital"
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@scathach @nerthos ... and that's why you'll never be able to afford a van.
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@nicholas @jeremiah @scathach >Falling for the 0km grift
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@scathach @nerthos probs more reliable than building a factory or something but is an absolute drag on economies if it becomes a way of building wealth (look at the uk)

rent seekers gonna rent seek. atleast an apartment complex was built.
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@nuukaset @scathach The sweet spot is "allow individuals to do it, don't allow companies to, except for skyscrapers and office buildings, which they can only have one each"
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@scathach @nerthos in saying that landlord is probably a necessary evil unless you willing to ask uncomfortable questions about the existence of property rights
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@nuukaset @scathach Landlord will always be a thing because there are plenty of people who are just retarded economically. I have coworkers that between seniority pay and working a lot more hours earn 3x as much as I do, and somehow manage to be poorer and will never have 30k at once in an account because they're unfathomably idiotic with money. Those guys will never have a house even in a great and fair economy.
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@nerthos @scathach
taxes is a better way to curbstomp financialisation than shit like this. this is how you get something like nimbyism which helps nobody but a small group of really really really really annoying fucking people
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@nerthos @scathach whats the link with people who are bad with money and landlords?
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@nuukaset @scathach I am generally opposed to taxes and in particular to progressive taxes. They're bullshit. Land is a limited resource belonging to the nation so how much each citizen can have of it at one time is something that can be discussed, but "the more money you manage to gather the more I'll steal" is the best incentive to buy missiles and topple the government instead of paying them.
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@nuukaset @scathach People who are bad with money are unable to gather enough money to buy a house of their own, or mantain one that they get. Thus they need somewhere to rent.
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@nerthos @scathach
using taxes to make people use land more efficiently is better than regulations. not to be austrian but like its easier to change incentives to get the outcome you want than to engineer it with policy.
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@nerthos @scathach that makes sense but thats such a specific example i didnt really think about it.
rent-seeking is bad but its hard to approach it with landlords because we cant make more land.

still i think the idea applies, landlords as a concept is bad and should be minimised as a means of gathering wealth. even if you cant abolish it.
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@nerthos @scathach oh well not even that. the problem with rents is that they are too fucken high, make it so that they are much lower adn the landlord question isnt as problematic.
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@nuukaset @scathach Rents getting absurdly high shouldn't be a thing without state backing, and it certainly can't happen if the scenario I proposed of limited rent property ownership is implemented. There's an objective cost for a house (materials+work) and only so many people who can own properties to rent before being unable to rent to anyone due to lack of demand, so if rent is as expensive or more expensive than the cost of building, then it makes no sense to rent at all.

There are countries that will always have a problem with it because their culture is like that (as you mentioned, the UK, where the same kind of impoverishing predation has been happening since the early medieval period) but in most places, if there's some degree of protection against outright usury, it's hard to end up in a situation where rent is so expensive in relation to the income most people have as to be unaffordable, unless there's a cartel of real state companies pouring the kind of money no individual can command into buying all available properties. If it gets there, it has to go down due to the simple fact that it becomes idle property and a money sink for the owner. The owner can then lower the rent or sell the property, and banks or lenders will take that chance to finance prospective buyers for the interest.
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@scathach

modern gameplan for success begins with a fake conversion to islam for business reasons. then have 4 eurowives and 24 kids. religious marriage takes place privately in tunisia, not on any official database. eurowives get housing, cash, etc and you benefit on the side. Train your sons as drug dealing thugs and your daughters as confidence tricksters and fraudsters. build a family empire and live as a gypsy king.
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