Have the record number of investors in the stock market lost their minds?

Re:Have the record number of investors in the stock market l... by Spivak on Saturday May 16, 2020 @10:37AM (#23203709)

The parent doesn’t seem like they’re renting land though. It seem like they are renting houses which doesn’t suffer from the problems of ground rent because there’s actual service being provided.

[ Parent | on HN ]

Re:Have the record number of investors in the stock market l... by legolas2412 on Saturday May 16, 2020 @11:53AM (#23204418)

I don't think anybody will mind if the rent was say 1$. The concern is really about the size of the rent, astronomically increased by limiting supply.

We should increase supply. Oh, and wealth tax for rising inequality too.

[ Parent | on HN ]

Re:Have the record number of investors in the stock market l... by madaxe_again on Saturday May 16, 2020 @11:52AM (#23204417)

Correct, I rent out furnished residential properties on medium term lets. Nice ones. I’m not a dickhead landlord, I had enough of them when I rented.

For what it’s worth, I took abandoned or ruined houses in desirable areas, bought them cheap, and spent my own (and my wife’s) time and labour renovating and furnishing them. I created housing stock from mouldy rubble.

Also, please note, I did not invent capitalism. I would much rather everybody could live like this.

[ Parent | on HN ]

Re:Have the record number of investors in the stock market l... by legolas2412 on Saturday May 16, 2020 @11:55AM (#23204443)

I would be happier about capitalism if the government was not actively trying to increase profits and socialize the losses.

"Stop restricting the housing supply, and don't prop up house prices by buying mortgage bonds" I shout to noone in particular.

[ Parent | on HN ]