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

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  • I’m not the one downvoting you, but I think this is where you might lose me - I agree that people will buy housing and rent it out if they can make a profit, and we’ve had landlords doing that basically forever. But if the government gets involved and owners sell, I don’t see how home ownership can be more unaffordable. Basically we have a hugely constrained supply of housing. If, say, there were 50 skyscrapers full of apartments that went up overnight in San Francisco that charged $1000/month, rents would have to go down everywhere else because there would be the introduction of so much supply that nobody would pay more than that cost (because that’s the alternative to where they’re living now). Obviously that’s a fantasy scenario, but the various governments (city, state, and fed) all are not doing anything to move towards that goal, which would create supply equal to demand. If current landlords sell, then that would drive prices further down, not up - you’re literally increasing the supply again, and also because they will be competing against each other to sell, it should drive down prices for those homes as well.



  • So one of the most common handguns is the Glock 19, which can be found pretty easily for between $500 and $600 in any gun store. I have strong doubts that an extra $55-66 per gun is going to fundamentally reduce the amount of guns in circulation. The person who buys a single gun isn’t going to not buy the gun, and hobbyists who have a lot of disposable income won’t stop buying new stuff, but will grumble a lot.

    Anyone with nefarious intentions (cartels, etc.) would just buy in Nevada, Arizona, or other states anyways, where there aren’t as many restrictions on firearms. If you ever see crime photos of people with glocks, it’s pretty common to see 30-round magazines, which have been unable to be purchased in CA for years, showing that these guns and magazines are all coming from out of state to begin with.


  • Unfortunately, I think that capitalism is here to stay, so things will just get shittier and shittier for everyone. As others responding to the top level comment have mentioned, declining birth rates means more stress on the entire system, where we’ll see more young people without any future to hope for since all their energy and money will be coopted for caring for old people, old people having shittier end-of-life experiences because there isn’t enough money to support them, and countries will not able to support anyone because there’s no investment due to lack of growth.