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Joined 1 year ago
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Cake day: June 11th, 2023

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  • I mean yeah. Once other “financial assets” become more attractive (bonds at 5.5%?) maybe less parasitical activity will happen in the housing market. The whole thing started going off the rails when rates dropped to essentially nothing.

    If you think current home owners have it bad, imagine anyone trying to get in the market now. Not only are mortgages 3X the price, but the houses are 2X the price they were before. The entire thing is completely unsustainable, and yet the Feds have done fuck all. Well no, actually they have made it worse every single step of the way (see the first time home buyers savings account for the latest idiotic idea).








  • The idea of adding a filter between human connection that will distort the message for profit is crazy for a few reasons. Most of all because it simply doesn’t need to happen.

    I mean how many of the current worldwide ills are a direct result of algorithms designed to increase engagement through ragebaiting? Disinformation is effective in no small part due to these algorithms making sure you’re made enough to engage and doom scroll. As long as you have a profit motive in these discussions this will be inevitable as far as I can see.

    When you imagine a world without Fox/Twitter/Meta/Reddit/Google (not all as culpable of course) force feeding things intent on making you engage (most easily though anger/rage - thanks evolution) it’s hard not to picture a better world. The internet pre-corporate control was a very different place due to a number of factors. I would argue mostly due to a lack of profit motive on social connection.