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[–] 241 points 2 years ago (14 children)

Bezos isn't going to miss a chance to dick people over. Because apparently he's not rich enough yet.

Imagine what the world would be like if we treated sociopathy as the vividly destructive mental illness it so obviously is, rather than rewarding sociopaths with wealth and power.

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  • [–] 72 points 2 years ago (13 children)

    What is his goal? More zeroes on a spreadsheet? Does he take satisfaction in being evil?

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  • [–] 82 points 2 years ago (3 children)

    It's likely the same as corporations.

    Once they get so much money, they focus on quarterly profits. Then you compare percentage change from last quarter/month.

    So he just doesn't think about the billions he has banked.

    Or the multimillions he makes a year

    It's a small percentage of change, and making 90 million after 100 million can be viewed as losing money this way, which makes these fucking psychopaths believe they need to be even shittier to make more money.

    He's not looking at his wealth, but at the rate he's accumulating it, even though he literally can't spend what he has now if he tried.

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  • [–] 202 points 2 years ago (33 children)

    Can we finally focus on real estate reform now?

    This latest housing crisis has made it abundantly clear that allowing wealthy individuals and corporations to own single family homes is destructive to society as a whole.

    The priority should be owner occupied homes. People need housing security. If even the middle class with career jobs can't afford a modest house in their peak working years, the system is broken.

    We can attack this runaway housing inflation by doing the following:

    1. Ban companies (including hedge funds, etc) from owning condos and houses. Apartment complexes are still fair game, because society needs high occupancy buildings which require more capital to build and run.

    2. Limit individual ownership to 3 (as an example, number doesn't matter) dwellings. This will curb the rampant "buy for short term rental, parlay into next purchase for short term rental" scheme. We still need rental properties, and small local landowners should be the priority.

    3. Heavy penalties for selling in under 2 (as an example) years. This will also curb the short term rentals due to added risk, as well as curbing the flippers relisting at 30%+ (and I've seen 100%) markups after 3 months.

    Each of these wouldn't be outright bans which would potentially too big of a disruption. But in phases, using increasing tax penalties as the stick.

    We need to stop treating homes as a commodity. They are a basic essential.

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  • [–] 62 points 2 years ago (14 children)

    I still don't understand how this hasn't been a bigger priority in government. I wouldn't expect Republicans to care about it at all, but it feels like nobody is giving it any attention at the State or National level. These out-of-control rents and housing prices are insane. I've got a relatively ok salary and I'm barely staying on top of things, but I don't know how the hell anybody else is still holding it together.

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  • [–] 40 points 2 years ago (5 children)

    Lobbying and self interest.

    These reforms may result in housing prices decreasing or holding steady. Which is a plus for anyone entering or laterally moving to occupy. It's a negative for people using housing as an investment.

    It's not a stretch to assume that a lot of politicians are in the multiple land ownership territory. And thus, would "hurt" them personally.

    Same with WFH endangering commercial real estate. Lobbies and personal interest. Plenty of business owners in politics.

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  • [–] 23 points 2 years ago (3 children)

    It’s not a stretch to assume that a lot of politicians are in the multiple land ownership territory. And thus, would “hurt” them personally.

    More to the point, it will cost them any support among suburban homeowners, which is how we got here in the first place. That's a massive bloc of voters and very few homeowners don't see their homes as an investment

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    [–] 132 points 2 years ago (12 children)

    Probably a controversial opinion but companies should not be able to own residential real estate at all, the reason most people cant get a house is because big companies are buying them up with limitless sums of money so they can rent them out infinitely, its not a free market when the big company will pay 20% over your entire life savings just to make sure you don't own anything.

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  • [–] 23 points 2 years ago

    Not just limitless sums, companies are borrowing at very low interest rates and skyrocketing real estate prices with free money. Consequelty also causing mass inflation. So you're paying for them owning houses.

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  • [–] 17 points 2 years ago (2 children)

    Absolutely nothing controversial about the truth. In fact, I'd say it's the exact opposite of controversial, at least in this case.

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    [–] 115 points 2 years ago (34 children)

    residential property should not be able to be bought by corporations, there is no benefit in allowing that to happen at all

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    [–] 111 points 2 years ago (1 child)

    100% tax over a billion dollars.

    Yeah all the $40k/yr MAGAts gonna haaaaaate that

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    [–] 73 points 2 years ago (3 children)
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    [–] 62 points 2 years ago

    Literally straight up evil

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  • [–] 62 points 2 years ago (11 children)

    It will not stop. The government won't step in, because they are all in on it. Their money comes first, above all else. The way they treat me homeless people today is how you will be treated tomorrow.

    There is only one way to stop the runaway cancer of greed, and it's not by writing angry notes.

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    [–] 51 points 2 years ago (8 children)

    How the fuck does anyone even afford to buy a house now? Billionaires keep buying them all out just to rent them out, to buy more houses. It's almost as bad as me trying to use a hula hoop.

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  • [–] 33 points 2 years ago* (4 children)

    It's not just billionaires buying up all the housing, it's anyone who can afford the investment. Real estate makes interest in value year over year with minimal upkeep costs AND it generates revenue every year from rentals. If you manage to secure permits to convert it to multifamily you instantly split your house into two parts with nearly the same individual value, almost doubling the value on the spot at the cost of adding a couple of walls and doors and maybe a kitchen.

    Real Estate as a source of investment and revenue goes contrary to the idea of accessible housing for everybody. If it's a lucrative investment with greater low risk returns than any other low risk investment type, why would anyone take more risk?

    My landlord is 45 and owns 4 properties with a total of about a dozen units. He bought a small business with the income and retired from his job at a defense contractor. His total wealth is under 10m and he started with probably little more than 50k ~25 years ago. Low interest loans have done wonderfully for anyone turning a small amount of cash into a big amount, assuming you bought in the right place with the intent to rent out to middle class workers.

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    [–] 50 points 2 years ago (3 children)

    This right here is the modern slavery and politicians are condoning this predatory behaviour.

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  • [–] 17 points 2 years ago (2 children)

    The richer the rich get, the less the rest of us look like the middle and lower classes and the more we look like peasants. Serfs.

    The more wealth inequality widens that gap, the more modern capitalism starts to look like techno-feudalism.

    And that's really what they want without saying it, isn't it? They don't want us to own anything of our own...work their fields and factories, pay them to live in housing they own, and convert all other possessions into subscription services, all in an effort to create a system where the rest of us only exist as a source of labor and wealth for them, where even what they pay their serfs comes right back to them.

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  • [–] 44 points 2 years ago (2 children)

    Neofeudalism. Having fun yet?

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    [–] 44 points 2 years ago (3 children)

    Why should anyone own a home when they can rent them from the capital class?

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    [–] 40 points 2 years ago

    You're not rich if you own a home. You're rich when you own everybody else's home

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  • [–] 39 points 2 years ago

    Fuck this fucking fucker

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  • [–] 37 points 2 years ago

    Lol a big fuck you to all middle class and that includes you too Ryan. Carrying an iPhone and driving a Mercedes on a loan doesn't make you rich if you still have to be in the office mon-fri and slave 9-5.

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  • [–] 37 points 2 years ago (12 children)

    So is this guy, like, the Devil? Every headline I see with him is like "Emperor Palpatine is buying single family homes" where I just assume it's for some nefarious purpose that's gonna benefit his regime and dick over a looooot of people.

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  • [–] 22 points 2 years ago (7 children)

    He wants quarters for his wage slaves, duh.

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    [–] 34 points 2 years ago

    Boy, he's really trickling it down on all those families' heads...

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  • [–] 34 points 2 years ago

    so sick of this neofeudal bullshit

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  • [–] 33 points 2 years ago* (last edited 2 years ago) (1 child)
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    [–] 31 points 2 years ago* (1 child)

    Subscribe to life on Amazon Prime. One reason less to buy stuff from them this holiday season.

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    [–] 29 points 2 years ago (1 child)

    This feels very aboringdystopia

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    [–] 26 points 2 years ago (4 children)

    Burn it to the ground. I would rather burn my whole neighborhood down than have Bezos own it.

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    [–] 24 points 2 years ago

    Well this isn't creepy as fuck.....

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  • [–] 23 points 2 years ago (5 children)

    Yeah it’s the human condition. Power corrupts. It always does. It would corrupt me. It would corrupt you. What’s it like to live real life in god mode? I know what you do when the cheats get turned on, because I’ve done the same. But what happens when there is no option to restart the game? Or to play something else? You return to the game. It’s all you have. You become determined to make it progressively worse because you’re average. You have no imagination. You suck. You’re not a leader. You’re a regular dude for the most part and not cut out for this shit. You fuck it up. If we’re in a simulation, it’s the worst kind. One controlled by the simulated.

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    [+] 23 points 2 years ago
    [–] 19 points 2 years ago

    Meanwhile the republicans want to remove the estate tax

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