• Scrubbles
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    2410 months ago

    We have one area of actual steady investment in our lives - our homes. And they can’t handle us making a tiny bit of money

    • The Snark Urge
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      2210 months ago

      I need an ironic WWII style scaremongering propaganda poster about class war. The 1% have class awareness. Do you?

      • kamenLady.
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        10 months ago

        Scrath’s comment made me check with Bing - i put your comment as the prompt, word by word:

        Edit: a week later i was wondering how far image generators get political context right. So i tried the same prompt on civitai ( without any additional resources ). Bing did a better job with the context, at least it repeated some of the input.

    • davel [he/him]
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      310 months ago

      This is one of the most destructive things we’ve done as a society: making our homes into investment vehicles. It is the root cause of people no longer being able to afford housing.

    • @Taldan@lemmy.world
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      10 months ago

      Homes don’t generate value though. Nothing more is being created by them existing. How can it possibly be an investment generating more wealth when the underlying asset remains unchanged?

      It’s just a pyramid scheme to expect the same exact home to continue going up in value as an investment. The only possible result is a shortage of housing with unreasonably high prices