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1. Embed this notice
   iced depresso (icedquinn@blob.cat)'s status on Thursday, 08-Feb-2024 16:13:26 JST iced depresso
   > tax code changes probably behind tech layoffs
   > https://youtu.be/l222fIkesAY?t=423
   
   :blobcatglare2:
   • Embed this notice
     iced depresso (icedquinn@blob.cat)'s status on Thursday, 08-Feb-2024 16:46:51 JST iced depresso

     in reply to

     • Mitch Conner
     • Moffin'tosh
     @olmitch @moffintosh ... no, actually. because in some areas they are holding out for whales to rent.
     
     ex. in texas we had an issue where californians would move in and over-pay for housing. then landlords realized with the influx of californians used to paying higher rates, they could jack up costs, and they are willing to sit on empty lots in the hope a californian whale comes in and pays more than the texan would.
   • Embed this notice
     Mitch Conner (olmitch@shitposter.club)'s status on Thursday, 08-Feb-2024 16:46:52 JST Mitch Conner

     in reply to

     • Moffin'tosh
     are you telling me they don't even care if they can find people to rent the units?
   • Embed this notice
     Moffin'tosh (moffintosh@mastodon.cloud)'s status on Thursday, 08-Feb-2024 16:46:53 JST Moffin'tosh

     in reply to

     • Mitch Conner

     @olmitch @icedquinn Lol.
     That's not why they're expensive. They're speculation assets

   • Embed this notice
     Mitch Conner (olmitch@shitposter.club)'s status on Thursday, 08-Feb-2024 16:46:54 JST Mitch Conner

     in reply to
     So does this mean apartments might start to be affordable again soon? Because the vast majority of us cannot afford a $2k a month studio apartment
   • Embed this notice
     iced depresso (icedquinn@blob.cat)'s status on Thursday, 08-Feb-2024 16:48:24 JST iced depresso

     in reply to

     • Mitch Conner
     • Moffin'tosh
     @olmitch @moffintosh ex. a cali person sells their pod home for ten million dollars, goes to texas, then buys a farm house for the same amount, makes the businessfolk raise their rates because "the market will bear..."
     
     some of the housing is kept perpetually empty for reasons like that. and then they have zoning boards deny new housing to meet climate goals or whatever.
     
     housing is a total fuck :blobcatsleepless2: