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> I don't give a single fuck about the salary of the 0.0001% of the population that is billionaire CEO, that's not the problem. The problem is that basic necess

> I don't give a single fuck about the salary of the 0.0001% of the population that is billionaire CEO, that's not the problem. The problem is that basic necessities have been turned into a profit-printing machine and you pay 2K a month for a 500 square feet apartment in London. Interesting that you don’t see those things as part of the same problem but rather two separate unrelated issues.

holbrad 4y ago
How are they directly related? Is Bezos, Gates or Musk at fault for high UK house prices ? No, it's a failing of government policy. Straggling house building for decades, leads directly towards rampant land speculation. (70+% of a houses value is the land...)
- misto 4y ago
  Actually, at least in Helsinki part of the rising costs of housing in the centre has been attributed to so called vacation housing, where apartments have been bought by rich people from abroad or rural areas, yet occupied maybe a couple of days/weeks a year, or rented out as an airbnb flat. I'm not saying its a major factor, but still an indicator that theres more than enough money to spend for some people, for them to take out from the 'necessities' pool, just to achieve some form of luxury.
- shmageggy 4y ago
  > No, it's a failing of government policy. And who (or perhaps what socio-economic class) might be responsible for our inability to change these perpetually bad government policies that always seem to preserve this state of rampant inequality?
- ls15 4y ago
  Bezos, Gates and Musk are a result of failing of government too: https://old.reddit.com/r/dataisbeautiful/comments/y1xqul/oc_amazon_ipo_vs_now_revenue_and_profit_breakdown/ https://old.reddit.com/r/dataisbeautiful/comments/y1xqul/oc_... https://old.reddit.com/r/dataisbeautiful/comments/y0a0ek/oc_microsoft_ipo_vs_now_breaking_down_its_revenue/ https://old.reddit.com/r/dataisbeautiful/comments/y0a0ek/oc_... https://old.reddit.com/r/dataisbeautiful/comments/xgyut8/oc_breaking_down_teslas_revenue_and_profit_sources/ https://old.reddit.com/r/dataisbeautiful/comments/xgyut8/oc_...

holbrad 4y ago

How are they directly related? Is Bezos, Gates or Musk at fault for high UK house prices ? No, it's a failing of government policy. Straggling house building for decades, leads directly towards rampant land speculation. (70+% of a houses value is the land...)

misto 4y ago
Actually, at least in Helsinki part of the rising costs of housing in the centre has been attributed to so called vacation housing, where apartments have been bought by rich people from abroad or rural areas, yet occupied maybe a couple of days/weeks a year, or rented out as an airbnb flat. I'm not saying its a major factor, but still an indicator that theres more than enough money to spend for some people, for them to take out from the 'necessities' pool, just to achieve some form of luxury.
shmageggy 4y ago
> No, it's a failing of government policy. And who (or perhaps what socio-economic class) might be responsible for our inability to change these perpetually bad government policies that always seem to preserve this state of rampant inequality?
ls15 4y ago
Bezos, Gates and Musk are a result of failing of government too: https://old.reddit.com/r/dataisbeautiful/comments/y1xqul/oc_amazon_ipo_vs_now_revenue_and_profit_breakdown/ https://old.reddit.com/r/dataisbeautiful/comments/y1xqul/oc_... https://old.reddit.com/r/dataisbeautiful/comments/y0a0ek/oc_microsoft_ipo_vs_now_breaking_down_its_revenue/ https://old.reddit.com/r/dataisbeautiful/comments/y0a0ek/oc_... https://old.reddit.com/r/dataisbeautiful/comments/xgyut8/oc_breaking_down_teslas_revenue_and_profit_sources/ https://old.reddit.com/r/dataisbeautiful/comments/xgyut8/oc_...