zlacker

[parent] [thread] 6 comments
1. llimos+(OP)[view] [source] 2022-01-20 20:04:42
I, for one, am very happy for people with money to burn to waste it on crypto nonsense and NFT's rather than real estate.
replies(1): >>Hamuko+U
◧
2. Hamuko+U[view] [source] 2022-01-20 20:08:51
>>llimos+(OP)
So that people make more crypto and NFTs instead of developing more housing?
replies(2): >>llimos+H8 >>mdoms+va
◧◩
3. llimos+H8[view] [source] [discussion] 2022-01-20 20:36:53
>>Hamuko+U
So they can push up the price of crypto and NFT's instead of pushing up the price of housing. Real estate is a zero-sum game since there is a finite amount of land and it's controlled by the government. Many many people wish they could develop more housing, but they can't.
replies(2): >>chotto+Xr1 >>Scea91+3s2
◧◩
4. mdoms+va[view] [source] [discussion] 2022-01-20 20:43:23
>>Hamuko+U
In most places the housing bottleneck has nothing to do with house prices, it's planning and consent restrictions, and a lack of skilled labour availability.
◧◩◪
5. chotto+Xr1[view] [source] [discussion] 2022-01-21 05:32:08
>>llimos+H8
Development of land increases living space …

More lucrative apartment prices ensure more profitable development …

replies(1): >>_aavaa+CK3
◧◩◪
6. Scea91+3s2[view] [source] [discussion] 2022-01-21 13:48:59
>>llimos+H8
It is not a zero sum game. There are just finite resources, but that is nothing unusual. In the grand scheme of things there are finite resources in every physical system.
◧◩◪◨
7. _aavaa+CK3[view] [source] [discussion] 2022-01-21 19:06:19
>>chotto+Xr1
yes, but more profitable development does not ensure more affordable developments
[go to top]