Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?

  • meseek #2982
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    441 year ago

    Still trying to understand how everything has to be crushed under capitalism. Food. Health care. Housing. Travel. It all there to spin up cash.

    Can’t wait till they figure out how to monetize air 🫠

      • @[email protected]
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        171 year ago

        These are really popular with people traveling to Colorado ski resorts and getting altitude sickness. They’re useful to grab to avoid getting sick and combating the symptoms if you do.

        • @[email protected]
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          81 year ago

          I remembered those existed and grabbed one when the gf was having a tough time fighting covid

          • @[email protected]
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            51 year ago

            It’s honestly fantastic that you can buy oxygen in stores. Imagine if you needed oxygen fast and had to wait for a doctor’s appointment.

      • bbmb
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        1 year ago

        There are actually medical edgecases for stuff like this where they can be quite useful. That being said, a lot of people definitely also seem to view it as merely monetary, as there are literal oxygen bars in Vegas.

        • @[email protected]
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          41 year ago

          My first thought was “I wonder how sturdy these cans are, and what provisions they have against puncture”. Normally oxygen bottles are strong, and the oxygen is dissolved in a foam or something so it doesn’t leak out as fast from a puncture.

    • Maximilious
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      71 year ago

      In the healthcare space they already have. If the wild fires keep up, it won’t be long before we have a Spaceballs or Lorax mogul in our midst.

      • bbmb
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        31 year ago

        Certain states such as Oregon (where I live) have acts in place regarding forests in general such as the FPA that should prevent the worst, or at least the destruction of forests whether imperatively or by wildfire, from happening.

        However, when it comes to other places, I wouldn’t even be surprised unfortunately. On the California state border on Highway 199 crossing from Oregon where it’s mostly green, you see nothing but Redwoods burned and left in shambles for a few miles, it’s gives off goosebumps seeing a natural sight in this awful condition, let alone a supposedly protected state park.

    • @[email protected]
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      1 year ago

      I’m gonna go out on a limb here and say that it isn’t capitalisim that is doing this. Blaming capitalism for fucking the 99% is like blaming science for inventing nuclear weapons. Capitalism is just the process. The focus is determined by key players. Frankly, I’d blame the availability of just about every industry in the stock market for what we are seeing. Companies used to be run by industry experts, who had a vested interest in their business being a sustainable long term asset that would provide wealth to their family for generations. Now, companies are run by “Line Go Up” CEOs appointed by a board of stock holders (mostly financial bros) who just want the stock to look real good before they sell it. There is no concern for the customer, workers, or the general populace beyond government mandated standards. All that matters is making money for people who couldn’t care less or know less about the industry.

      Capitalism didn’t ruin food or housing. Capitalists did.

    • @[email protected]
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      -131 year ago

      Actually the stuff with the freeest (is that a word? How is that spelled??) markets tends to be the easiest to get and cheapest.

      Medicine has uncontrolled price explosion because it’s an incredibly tightly constrained market. Food tends to be plentiful and cheap because it’s not very tightly constrained.

      Yes, food did jump in price in the past couple of years … because of massive market interference when the governments dumped huge amounts of currency into the world, with only the upper classes having access to that new cash (it was given to corporations and to stockholders, leaving the lower class to watch their money devalue with no offset).

      Housing is another tightly constrained market. You practically need positive permission from government in order to build anything, and there are tons of local constraints on what can be built.

      I’m thinking of Boulder as an example where housing prices are skyrocketing, and construction is limited to a certain number of floors.

      Capitalism is based on free markets. Where free markets exist goods become cheap and plentiful. But we have a lot of markets that aren’t free, for various reasons.