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Scalper economy
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this post was submitted on 29 Nov 2024
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Housing is a basic human need, it shouldn’t be allowed to be only an investment. With the other items, you can just say “so don’t buy it”, which is not possible with housing, you have to pay for it, even of you wouldn’t like to.
fumo is a basic human need
Honestly, I get what you mean, but it also provides funding for new housing projects to be built first, and if you weren't allowed to invent in it it would also not really be possible to rent a house, since that relies on someone paying for the house first.
Housing construction isn't funded by existing housing investment. It's generally funded by debt. Private or public, just like any other capital intensive endeavor. And debt isn't created by lending people's savings but by creating new money. By public or private lenders. (Private lenders create money too.) The only thing that is really needed ahead of time is labor, equipment and materials available. Financial capital is created on demand to mobilize those real resources.
I'd bet if you were a lego fan you'd say the same about legos.
Housing and concerts are orders of magnitude apart in "importantness". All of the items above are not needed to live. A home is needed.
People who buy Lego to sell in the future actually do call it investing by the way
It’s scalping if you have a quick turn around, it’s investing if you take care if it to sell farther into the future. Seeing a recently released limited set for double the price on ebay is scalping, seeing a 20-30 year old mint set for double the price is investing.
If it's a limited edition and someone buying it to "invest" denies another person's ability to purchase and enjoy it then fuck the "investor".
If enough are available at the time that anyone who wants it can acquire it then I have no problem with someone keeping a copy in good condition to sell later.
I'm not defending it by the way
Define a "home". A cave? A tent? A huge loft? What is really necessary to survive?
A place where you won't get sick, at a minimum
I'd add a place where you won't get attacked or threatened while sleeping, and maybe where you can store your stuff that also won't get stolen easily
That’s a good classification to have.
The apartment I lived in until June this year was my or my friends home for 20 years, but I stayed sick after the new neighbors moved in and started destroying the place. I couldn’t have food anymore because of the rodents, roaches, bedbugs and diseased water that started running down the walls and leaking through the ceiling.
You haven't paid enough attention to notice that the tropic of conversation is that scalping is bad and property scalping is worse, which you seem to agree with, so I don't know why you're arguing with people.
I agree that "just don't buy it" is not that easy for culture in general, it could be applied to hypermonetized events.
I'm not sure I get your second point. How is Ticketmaster enabled by people boycotting events that get scalped?
They aren't by that specifically, but they are by transferring the blame to scalpers and the victims of both scalpers and Ticketmaster..
An Important want for sure, but not a necessity in any way shape or form. You won't die or get sick by not attending a concert or a guitar would be listed in survival guildes
Sustenance for the spirit.
Yeah. Not to mention that a lot of people's social identity, social activities and sense of community are all tied up in going to concerts together..