npub1h2nsqts7l467nrvvdr343530pgm8ug6np5udfwlnwcet5alm5aqqyznx0j (npub1h2n…nx0j) On supply, his 2 arguments were:
- housing isn’t like a perishable good like bananas where value decreases over time
- land supply is fixed
He ignores:
- Land appreciates (in a desired area) but the house itself depreciates. Easier to picture if you think of a camper van parked on land. The van loses value while the land appreciates.
- We can build up (eg replace house with apartment)
- Empirical examples from our own history and other markets, counter to his class war narrative.
Megan /
npub13a…2d82u
2023-08-07 16:17:25
in reply to nevent1q…qfg3
Author Public Key
npub13apuxc7fuuzlhdq7uly89afzjvl8dqsg4vkgawz9dxfptypcykjq82d82uPublished at
2023-08-07 16:17:25Event JSON
{
"id": "b81e2a9d80a806fc5d1fbf47d3cdbc5f0f10144b755cc1faed008d95f8fd62fd",
"pubkey": "8f43c363c9e705fbb41ee7c872f522933e768208ab2c8eb845699215903825a4",
"created_at": 1691425045,
"kind": 1,
"tags": [
[
"p",
"baa7002e1efd75e98d8c68e358d22f0a367e23530d38d4bbf37632ba77fba740",
"wss://relay.mostr.pub"
],
[
"p",
"0c557cfb508ba752c34eddc42c3ae7f8c8d4cb7312f80efdb8f03bdd818a6705",
"wss://relay.mostr.pub"
],
[
"e",
"cf8235161b330ffa16b99f5d23b974a553e5ed3172133a7c434febd9059a1dfc",
"wss://relay.mostr.pub",
"reply"
],
[
"proxy",
"https://mstdn.ca/users/PapyrusBrigade/statuses/110849231795698288",
"activitypub"
]
],
"content": "nostr:npub1h2nsqts7l467nrvvdr343530pgm8ug6np5udfwlnwcet5alm5aqqyznx0j On supply, his 2 arguments were:\n- housing isn’t like a perishable good like bananas where value decreases over time \n- land supply is fixed \n\nHe ignores:\n- Land appreciates (in a desired area) but the house itself depreciates. Easier to picture if you think of a camper van parked on land. The van loses value while the land appreciates. \n- We can build up (eg replace house with apartment)\n- Empirical examples from our own history and other markets, counter to his class war narrative.",
"sig": "2fcbff4f9994b520c1b23a32335e6c53783745bd4bab26305966ed4317e6e2d2408575d5ae9e82e3c444b6ee38052461116d81afe2a4e0eeb3a12aea091ac630"
}