barfplanet

What property investors are buying with cash? The extreme leveraging is one of the main things that makes real estate investing attractive.

I think folks might be confused about the term "cash offer" when buying/selling houses. This generally doesn't mean that someone is literally buying the property without debt involved, but that they can make the purchase without involving the mortgage process. Usually with a line of credit or similar funding.

I actually genuinely don't know what you meant. I said something and it seemed like you just said a bunch of other things that were kinda related but also not. It's not "White Knighting" when someone tells you that something you said is fucked up. It's just someones telling you you're saying fucked up things.

Yeah I know all of these things. I'm also a person who exists in this economy. I'm just saying that not being able to afford living alone is a bad choice of things to highlight.

I don't assume women are prostitutes though. That's just fucked up.

Yes, the rent is too damn high, but living in an apartment alone has been a luxury for young people as long as I can remember. I sure as hell couldn't afford it when I was in my twenties. I lived in a pantry for a couple years and didn't complain. This is a weird measuring stick.

Water rights are the opposite of late stage capitalism. It's silly to enforce when we're talking about a residential rain barrel, but when we're talking on much larger scales is critical. When creeks are drying up because landowners are building catchment ponds, water rights start to look pretty good.

Sure, Amazon doesn't want hundreds of extra lawsuits, but the staff also don't want to waste their money on legal fees for a suit that's a guaranteed loss. Case law is very well-established.

What's with the assumption that it's the law that is keeping Amazon from mass-firing staff who won't come in?

The approach they're taking is just a smart business decision. It allows them to spread the disruptions out so they're more manageable, to keep employees who's skills justify flexibility in the WFH rules, and prevents the PR impact of a mass termination.

The laws are pretty different for contract workers vs W2 employees. W2 employees can have contracts, but it's really rare outside of unions. Conditions of employment can in most cases be changed at the employers discretion.

I feel a little bit like I'm defending Amazon here, but I'm really trying to highlight that our worker protections are crap in the US. Unions are really the way to go if employees want security. Tech industry has way too few unions.

This is true for contract workers, but I believe we're talking about W2 employees, who rarely have a contract if they're not part of a union.

Do you have experience with employment law?

An employee could argue discrimination, but they'd have to have evidence that it was due to a protected class to have any success, and those cases are notoriously hard to prove. In every state that I'm aware of, they can fire people selectively for not coming into the office, while keeping others employed.

Employment laws are state-by-state, but I don't know a single one where it's illegal to fire someone for not coming into the office.

There's no way this is accurate.

For the folks who don't know The singer from POTUSA sings kids music as Casper Babypants and his songs are bangers that my 11 month old daughter and I both enjoy equally.