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"The Market"
(lemmy.ml)
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this post was submitted on 16 Jul 2024
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https://www.marketplace.org/2024/04/16/realpage-lawsuit-algorithms-rent/
your understanding of economics is bordering on phrenology in how disconnected from reality it is
even in your own broken model "inelastic demand" exists as a concept
I have moved a zillion times in my life. Inelastic my ass.
Why are techbros so stupid? Is it because STEM requires literally zero critical thinking skills?
Can you really not tell the difference between an economy and a single person? And did you move to a cardboard box, or did you continue to need a home? Did the number of homes you needed change? And again, are you stupid?
Bruh
Yeah? What? You got something to say?
Yes, as the search radius expands, there are different homes that become available, at more attractive prices.
You also on a bandwagon for the price of fuel? Food? Transportation? Taxes? How about the fees you pay your bank for having an account?
While I agree that there are a ton of bad landlords sadness is there is no decrease in price anywhere. Insurance, property taxes, cost of repairs/enhancement, maintenance.
The majority of renters would have difficulty keeping up financially even before the price spike during COVID when rates were low. Now both the price and mortgage rates have gone up and fucked everything even more.
Anyway back to my point why is this the sword you actively choose to fall on when I believe it's one of the smaller problems to be ranting about.
Incoherent
Cool