Re:Investing in Flow
by qlm on Monday August 15, 2022 @12:25PM
(#32471711)
It's sickening. These people don't care about improving people's living conditions. They care about extracting more and more and more money by exploiting a crisis that they have had a hand in creating.
[ Parent
| on HN ]
Status quo is not ideal and I don't trust the government to do what is necessary to alleviate the situation.
Let's see if innovation, driven by greed, can change it.
Re:Investing in Flow
by philosopher1234 on Monday August 15, 2022 @06:24PM
(#32476265)
Greed created the problem. It will not fix it. We must form a functioning government.
There hasn’t been a single example of a government providing good housing at scale anywhere in the world though. If your target is effectively slums, then sure, form a government who has no incentive to compete for tenants with improvements.
Regulation just pushed the largest mortgage lender out of the market : https://www.bloomberg.com/news/articles/2022-08-14/wells-far...
Regulation or repeat shoddy behaviour?