News for hackers. Stuff that matters.

A comment on If you sell a house these days, the buyer might be a pension fund. Parent comment

Re:If you sell a house these days, the buyer might be a pens... by _greim_ on Wednesday June 09, 2021 @02:29PM (#27451356)
I'll give the standard reply here: this sounds mainly like a criticism of the current system. Are you specifically proposing some loophole in geoism that could be gamed in such a way to make things worse for the poor, beyond how things stand in the current system? Or is this more of a "things will end up badly for the poor no matter what we do" kind of sentiment? I can certainly understand that, but it isn't a good excuse for apathy.
[ Parent | on HN ]
Re:If you sell a house these days, the buyer might be a pens... by dnautics on Wednesday June 09, 2021 @05:25PM (#27453431)
It concentrates an important axis of power (setting prices on a rivalrous good) into the hands of the few. That is necessarily worse for the disenfranchised. I thought that was clear from my comment, I guess not.

My statement is not one of apathy, but a prediction of worse comparative outcomes with mechanistic backing.

[ Parent | on HN ]
Re:If you sell a house these days, the buyer might be a pens... by _greim_ on Wednesday June 09, 2021 @05:32PM (#27453510)
Who are "the few" in this case?
[ Parent | on HN ]