this post was submitted on 07 Aug 2024
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B-b-b-b-b-b-b-b-but tHiNk Of AlL tHe LoSt ShArEhOlDeR vAlUe ThO!?
Seriously though, if crabs used currency this would never happen. There would be one crab with all the shells and the other crabs would have to bring food offerings or whatever their currency would be in order to get one.
There's a Souls-like video game with this premise.
Shellholder value
🪙🦀📈
Crab coin, a crusto currency
Even crypto achieved carcinisation
Web 3.0? More like Wet 3.0 amiright people?!
Surprisingly they don't have that much of the market.
https://www.fastcompany.com/91002153/how-much-of-the-housing-market-does-wall-street-really-own-heres-what-the-data-says
I counted the word "institutional" used almost once per sentence. There were a couple of sentences that didn't use it, but there was at least one sentence that used it twice. Plus all the figures and captions for them too.
Though despite being not "institutional", the market seems to have behaved a little as if it were, due to use of software to fix prices at what the landlords believed that the market would bear. So still price gouging, regardless of whether done by individuals or giant mega-corporations.
Though still a good point that the article makes.