Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain

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Solve the housing crisis with this one weird trick (lemmy.world)

submitted 10 months ago by SeattleRain to c/housing_bubble_2

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[–] chonglibloodsport 1 points 10 months ago* (last edited 10 months ago) (1 children)

Not billions, but thousands to millions. Many, many investments are owned by pension funds and the like. You know, regular people’s retirement funds.

You keep wanting there to be a villain in this story but it’s just not the case. Sometimes societal problems are caused by collective action with misaligned incentives.

[–] Woozythebear -1 points 10 months ago (1 children)

Cool, we can add a clause that prevents that.

Every problem you can think of can be solved.

This is how laws are made. People sit down and have discussions like this.

[–] chonglibloodsport 1 points 10 months ago

Yes. Collective action problems can be solved by collective action. All you’ve got to do is convince enough people to go along with you!