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Joined 1 year ago
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Cake day: July 4th, 2023

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  • Amazon never could figure out how to make that profitable on it’s own

    They are so dumb. Every house could use their products, they just need to charge normal prices. Everyone has light switches in every room. Imagine if most new houses came with “Alexa” switches and electric plugs.

    They tried to make money on a few hobbyists who could set it up for themselves. They needed to go after the construction market. Charge half of what they were charging and sell a ton to every house in America. It’s not an iPhone. It’s a basic device to turn on the lights.


  • Retaliatory tariffs are not really allowed by the WTO. They are really destructive for trade and just create scenarios where a third country is used to bypass the tariffs.

    China has been proven to steal technology for years, it’s just that the benefits of manufacturing there outweigh the costs on an individual company level. No one company can “sue China” as you suggest. They’re too big and can just ban that country from manufacturing anything there. So most companies put up with it.

    Your comment actually illuminates the need for US government action. Since no particular company is actually hurting China, they can’t be individually retaliated against by the Chinese government.


  • That’s the problem, you’re only talking about houses (and probably in an expensive part of the country). Apartments are a simple solution to that in expensive places. Also there are lots of houses under $300K , just not where you’re looking.

    I had a better idea that would allow people to buy their own homes that they are currently renting:

    1. Every home gets appraised to determine what it would sell for. This is done by the county and is used for property taxes too.
    2. Every renter is allowed to buy a percentage of their primary residence from the owner. The owner has no choice in this. It’s a requirement for being able to rent a property.
    3. Renters can pay as little as $100 extra per month and the county puts their percentage ownership on the deed. If the home is sold, the renter can’t be kicked out involuntarily. If they do leave, they get the percentage of home value they own.

    Pros:

    • This would avoid the issue of high interest rates hurting primary homeownership.
    • This would blunt the impact of corporate landlords having a monopoly where they refuse to sell. They are forced to sell at a fair price.
    • This would create a simple decision between owning their home and spending money on luxuries or eating out.

    Cons:

    • This would hurt small landlords who would have their property bought out from under them. This is actually a good thing because the benefits of rising property values are now shared.
    • The implementation is hard. This is actually a good thing because bad landlords would sell property they didn’t want to manage, lowering prices for renters who want to buy.
    • It would cost the county money to hire appraisers. But this could be paid for by increased property taxes due to better appraisals.
    • Property taxes would go up for landlords. But this would be good, as it encourages them to sell the property. This appraisal process and increased property taxes wouldn’t affect people who just lived in their home without charging rent.