Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

If turbo Greed isn't a thing, why do the 830+ billionaires in the United States control more wealth than the bottom 50% of the population?

And, why did we just give them a YUGE tax break?

"Build more" is not an option, because the incentives don't align to solve the problem. The things getting built are built to capture margins and not to solve the housing problem.

Need regulation.



You're missing the point, which is that adding a superlative in front of a concept you don't like doesn't make it more important or the problem more severe. And your reductionist take on wealth distribution isn't even worth discussing.

Build more is the only option to actually fix the problem. The incentives could not be more aligned between home builders and home dwellers. Builders want to build, and there are dozens of them in all major metropolitan areas. Home dwellers want shelter. Sounds like an ideal situation to keep margins low.

More regulation == more regulatory capture, which your kind supposedly doesn't like but you don't seem to be able to help yourself.


I don't know what the fuck "my kind" is, but you instantly threw away any validity you may have remotely had by jumping to some nonsense like that.

I'm not "missing the point" because I don't agree with economic principles that got us where we are today. Doubling down on those very same principles thinking we will have a different outcome? Nonsense.


"Your kind" are the type of people who use terms like "turbo greed" and expect to have their opinions taken seriously.

It's not a coincidence that there's a huge overlap between people who use terms like "turbo greed", those who "don't agree" with the economic principles that have outperformed all known alternatives, and those who think that more state involvement is the solution to every problem.


Say "your kind" one more fucking time. You claim to know my kind.


Your kind also tends to be driven more by emotional response and feelings than objective measurements.


Thank you for proving exactly who I thought you were.


Which is?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: