chapotraphouse

I thought it was about divesting from an area that will become less profitable. Leave before you get taxed, fined, or dispossessed. It happens all the time on a country level.

if the rent freezes, the projected value of property drops, forcing the overleveraged jokers to sell thus dereasing prices even further. They are getting ahead of the train

the logic is sound, if you are overleveraged dipshit who can't take imagined wealth drop for 5 years

I'm glad they're scared, but it is strange to witness in real time.

We're not bringing out the Central Park Guillotine with this primary win, but they legit believe that they can't safely live in New York anymore. Like they don't have layers upon layers of social protections to insulate them from their consequences.

I mean it makes sense the way they regard homelessness, but to see them buying all of these lies wholeheartedly. To be that out of touch with reality.

I still see them as evil more than foolish, but damn what a waste of the time and resources at their disposal. What an utter lack of curiosity. They could've gotten the best education in the world to leverage their power in the most effortless ways, but they see a mayor winning a primary and they're heading for the hills.

This is a win, but still. Weird.

They are stupid, but I think reactions like this from the wealthy are mostly to signal dissatisfaction to policy makers

It's similar to when business owners complain that raising wages will force them to fire people. They're used to getting deregulation by bitching about government oversight.

I justify it by telling myself that these people didn't get rich themselves, they are rich because they had rich parents/grandparents. They are the failson generation, their parents knew the propaganda was to keep the poors in line, but they don't.

I also reaffirm my belief in socialism when I see shit like this. This is the "cream of the crop" of capitalism, these people are who capital elevates to the top. The worst, dumbest, most entitled people you could imagine. There's no way a system like that could survive forever. It's still around because of societal inertia, but I honestly don't know if capitalism as it currently exists will survive till the end of the century, the way things are going.

Something I have to remind myself of and becomes more true to me directly as time goes on is that many rich successful people are not fucking smart at all and that the veil of meritocracy that US culture promotes is purposeful to the point of hiding how not smart the rich are.

It's very difficult to accept that people with enormous wealth are this stupid. It makes me question reality in a way that's very difficult to describe. Their interpretation of the world is genuinely like an alien thing.

I think I've explained this once but a small time capitalist that is a friend of the family (they own a small factory) and these freaks genuinely believe governments should be run like corporations. It's incredibly funny and sad how dumb these people are.

this doesn't matter. this type of "news article" is akin to articles about liberals fleeing to Canada. Few people will actually move.

The grocery stores talking about moving shop was the funniest shit. Ok so like, you're just gonna imminent domain.... Yourselves? Cool, just hand over the real estate we need to set up these community run grocers? Fuck maybe the revolution could be peaceful after all! (obviously I know this not to be true).

fr like what exactly is supposed to be the mechanism by which this "fact" is sourced? Did multiple real estate brokers all call journalists because of how many calls they were getting?? Did the rich people call journalists to tell them they were calling real estate brokers?? Are journalists specifically calling real estate brokers to track their call volume and the demographics of their callers?????

Absolute fucking nonsense

What, are you implying that a Murdoch-owned rag might be less than trustworthy?