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@kptrease.bsky.social

Reading a screed against Blackstone by a well known AI critic, in which he makes it clear that housing breaks everyone's brain. They owned 82k homes at one point! Such a big number that they were responsible for making the housing market shitty! I mean, it's not like we can just make more houses!

23/10/26, 5:49 pm0 reposts0 likes

Kenneth Trease

@kptrease.bsky.social

Is it evil to buy a property and jack up the rent a lot? Yeah, I think that's moderately evil. Is jacking up the rent more evil than working hard to make sure we don't build new housing, so that renters have no market power, no options to go anywhere else? Not in my opinion.