Wow I never thought of that. It's almost like people treating housing as an investment portfolio, corporate landlords, and greedy developers have made all the housing around me completely unaffordable.
On top of that, I wouldn't qualify for a mortgage of that amount, despite the fact I've been paying the same in rent for nearly a decade.
Why do banks have to make money though? What purpose do they serve that couldn't be served better by an entity that doesn't need to make a profit?
There is not. An equivalently sized apartment in my neighbourhood is on the market for $1.6M at least. Because the only things being built are "luxury" units made for investment, not housing people.
Also, I wouldn't qualify for a mortgage equal to my rent despite the fact I've been paying rent at that rate for nearly a decade.
Public housing. That's where you rent it from. Landlords serve no purpose in society that can't be solved in better ways.
For example, I would gladly purchase my apartment. The rent that I pay would be roughly equal to mortgage payments on the approximate value of the unit. But instead I'm stuck paying that amount so someone else can own it. Just cut out the parasite in the middle.
Yes, because landlords as a very base idea should not exist. Sure you're being a "good" landlord, but the concept itself is having other people pay for the thing you own, while they get nothing of that investment.
I'm happy with any amount of money going towards clean energy, but this just really loses all meaning when we're still pumping nearly $5 BILLION into the oil and gas industry every year, just through subsidies. That number goes up to $11B when you add in the funding they are given through less direct sources. Meanwhile those companies constantly turn record profits.
Our country is on fire, and we need to stop pouring fuel on it right goddamn now.
"What about all the workers!"
Use some of that $5B just in subsidies to retrain them in building wind, solar, and nuclear power. Those jobs will be safer for the workers, and don't rely on a rapidly dwindling resource. We have a chance to be a world leader in this, and I'm sick of us squandering it.
Micro mobility isn't the problem, it's the future of sustainable person transportation. The problem is that we're not updating our infrastructure.
They're on the sidewalk because they'll be killed in the car lanes, and those are the only options. We need better bike (and by extension micro mobility) infrastructure. And not just random lanes that don't go anywhere, we need a whole network. Cars get it, so why shouldn't a safer, more efficient, and more environmentally friendly solution?
I think Jacob Geller is the best video essayist out there, he posts a nebula exclusive for all of his videos too.
I'm gonna be honest, I saw this coming. Maybe it's because I've had experiences with abusive media companies (though not nearly this severe), but when I saw Madison left with no real explanation, I had a feeling something was up. I still follow one of the women who was on their camera team, and she posted some vague but knowing comments after the news first came out that Madison quit.
Fuck these egotistical tech bros that think they own the world because they got lucky. The worst part is they'll never understand that they did something wrong.
If only we had some kind of organization to protect consumers from harmful corporate practices.
I'm getting so fucking tired of corporations running this country.
When I was still watching I remember he said if LMG ever tried to unionize he would take it as a personal failure. The intention of that statement may mean well, but it's a really not great view to have and profess. Unions can (and should) maintain a good relationship between the workers and management.
Alright, I'm done being nice here.
Yes, it is worth less. I know because they just did a valuation of it a week ago. A mortgage on it would be affordable for me. I don't care what's "believable" for you. Fuck off.