this post was submitted on 19 Jul 2025
923 points (98.7% liked)

People Twitter

7731 readers
633 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a pic of the tweet or similar. No direct links to the tweet.
  4. No bullying or international politcs
  5. Be excellent to each other.
  6. Provide an archived link to the tweet (or similar) being shown if it's a major figure or a politician.

founded 2 years ago
MODERATORS
SendMeYourTaTas@sh.itjust.works
pelespirit@sh.itjust.works
923
Satire is indistinguishable from stupidity (infosec.pub)
submitted 2 days ago by axEl7fB5@lemmy.cafe to c/whitepeopletwitter@sh.itjust.works
247 comments fedilink hide all child comments
 

https://nitter.net/MrPitbull07/status/1940063945945227383#m

you are viewing a single comment's thread
view the rest of the comments
[–] boonhet@sopuli.xyz 2 points 2 days ago (1 children)

If the existing investors have to sell at a loss because there's no profit to be made, someone gets to buy them for cheaper, making it profitable again.

[–] Ilovethebomb@sh.itjust.works 1 points 2 days ago (1 children)

They're not going to sell for less than what they can make off the property though, are they?

[–] boonhet@sopuli.xyz 2 points 2 days ago (1 children)

Then they'll continue renting these properties at the new rates? Works too.

[–] Ilovethebomb@sh.itjust.works 1 points 2 days ago (1 children)

Until those properties slowly disappear from the rental market as they're bought by owner occupiers.

Which is a problem if you can't afford to buy a property.

[–] boonhet@sopuli.xyz 3 points 1 day ago

So the entire city will only be owner-occupiers? Sounds like almost everyone living in the city has their problems solved. The city can build more rent-controlled units.