Datasets:

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innovation-hacking2

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shitposting_dataset5

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[ "Their \"surprise\" attack during ceasefire was the least surprising part of the invasion so far.", ">\n\nI was 100% certain that their plan was to do a surprise attack. It was obviously foreshadowed, but they already showed us how bad they are at hiding things during the lead up to the invasion.", ">\n\nI wonder how many people have been purged from within the Russia's military intelligence / planning at this point.\nIt seems all of their plans have been leaked in advance since before this war. They have to be going nuts trying to find a mole. I mean look at how much Elon Musk loses his shit over employee leaks and then times that by military Intel.", ">\n\nI think there was no leaks. Just poor operational security and overconfidence.", ">\n\nWould be hilarious if they're executing people they suspect of being moles when really the only mole is their poor operational security and telegraphing their every move", ">\n\nWouldn’t surprise me at all if the US can read every single Russian communication and is just passing that info along to the Ukrainians.", ">\n\nThat's pretty much how it has seemed over the past year", ">\n\nIf that's the case then they're using it beautifully to keep the Russian government paranoid. More than once comments from people in the US government have mentioned a \"source\" in Russia, which is vague enough to include a possible mole or a well placed wiretap. It's chef's kiss", ">\n\nHot Take: Apparently a decent chunk of their MIC runs on O365. This may or may not be related to the subject at hand.", ">\n\n\nIt is noted that while watching the enemy, the snipers defined the head of the unit and eliminated the commander and a machine gunner with well-aimed shots. Having lost the commander, the invaders were afraid to attack and fled.\n\nI hope they rotate \"commander\" in that unit.", ">\n\nI hope that unit does what's best for them and just disband.\nThrow your hands up to surrender for God's sakes! You guys are just pawns on Putin's chessboard, and Putin's no ~~Magnussen~~ Magnus Carlsen.", ">\n\nyou mean Magnus Carlsen, the Norwegian chess world champion? Magnussen is a Danish formula 1 driver", ">\n\nOops. Yes lol", ">\n\nI think you've just invented a new sport, Formula 1 but every lap they jump out and make a move on a chessboard, faster guy gets more moves but the slower guy can still clench it if he's really good at chess.", ">\n\nSo chess boxing but with driving instead of boxing", ">\n\nWhy not all 3? Best triathlon ever", ">\n\nMaybe, but it doesn't work as well as you'd think. If I remember correctly, the whole sport got scrapped because it turns out that its easier for a good boxer to simply not lose in the first few rounds of chess than it is for a good chess player to not get the shit beaten out of him in a few rounds of boxing.", ">\n\nI thought the ceasefire was a ploy to set the current boundaries as the default going forward, but I guess I have Putin too much credit for subtlety.", ">\n\nI heard it was a ploy to make Ukraine look like the aggressor since they wouldn’t accept the cease fire. Tbh it was probably a lot of ploys hidden in a trench coat.", ">\n\n(That's why they told Forrest Gump not to salute officers...)", ">\n\nA lot of strict military rules are temporarily stopped when deployed.", ">\n\nNo no, this is military courtesy. Saluting an officer in the field makes them obvious to anyone watching - i.e. enemy snipers. That means it's not the done thing.\nOf course, if a unit hates an officer, they might begin making a point of saluting them in the field...", ">\n\nWatch Russia refuse to compensate their soldier’s families because “this actually occurred during a ceasefire.” Christ this is bleak.", ">\n\nMy brother in orthodoxy, the Russian government is doing significantly worse things to and for their citizens than not paying them.", ">\n\nOh I know. But after watching all those Russian propaganda advertisements pretty much telling them to join the military to escape financial woes, it makes the whole situation seem so much scummier.\n“No, your son is missing.”\n“No, your son was killed during a ceasefire.”\n“No, your son defected and we cannot find his body…”", ">\n\nI realize I have zero military strategy knowledge but looking at a map I just can't see the importance of Bakhmut to the Russians. Is there a washing machine factory there?", ">\n\nInitially the Russians planned to use it as a staging area for more high profile targets in the region, however Ukraine has more or less made that plan infeasible now.\nAt this point the only reason they're still trying to take it is because it's one of the only areas they can claim to be on the offense and because if they back down it'll be a huge blow to the reputation of Wagner.", ">\n\nThe stellar, enviable reputation of Wagner.", ">\n\nI love remembering how the US military obliterated them that one time", ">\n\nLink?", ">\n\nIdk but you could probably find it easily, it's the one where they wouldnt back off after several warnings so they got lit up and like 200 people died, it was in the middle east probably syria", ">\n\nOoof....\nImagine thinking walking together single file against a modern enemy would be a good idea...", ">\n\nIt's pretty common when the ground is covered with cluster bombs and mines. \nThat's the point of mines, to force attackers to go slow and stick to cleared lanes.", ">\n\nAgain, it's 2023 now.... Bring some FLIR and do some route reconnaissance prior to inserting into known unfriendly terrain. \nIf you're going into a fatal funnel, or being forced into a shitty position where there is minimal cover and an enemy occupied elevated position... You're gonna have a bad time.", ">\n\nRussia's breaking out leftover equipment from early in the Cold War to supply their troops and you're expecting them to have FLIR or an equivalent on hand?", ">\n\nJust saying that not having modern equipment or any tactics devised within the past 70 years means they may as well have never stepped off to face a modernly equipped foe.\nEdit: last word", ">\n\nThey had hoped to be more numerous than bullets.", ">\n\ncheering for Ukraine all the way from America", ">\n\nAnd Canada 🍻", ">\n\nAnd UK", ">\n\nAnd France", ">\n\nAnd Sweden", ">\n\nAnd Germany", ">\n\nAnd Portugal", ">\n\nDaftPunk-AllAroundTheWorld.mp3", ">\n\nIf you'd told me that Russia would invade Ukraine using Stalin-era tactics 5 years ago, I'd have said you were insane", ">\n\nI remember all the western \"military experts\", and Putin fan boys, talking about how Russia could reach Berlin in a week before the war. It has been almost a year, and 100,000 dead Russian soldiers, and Russia can't even reach the Dnieper. From now now I will take anything coming from a military analyst with a giant grain of salt.", ">\n\nIt’s usually better for analysts to slightly oversell adversary capabilities than to undersell them. Plus, it’s been a hot second since large scale combat operations between 2 conventional forces has been observed. It’s mostly been Russian hybrid war in the last several years in Syria and crimea.", ">\n\n\"Slightly oversell\" is a bit of an understatement. I am pretty confident in saying that they were wrong.", ">\n\nHonestly, this concept somewhat scares me. Either the US has been way over militarizing with the justification that 'our enemies are strong' or we've had bad intel for years. I find the first more likely, and it's concerning knowing there isn't another nation out there that compares militarily.", ">\n\nThe idea with the US military strength is to apply incredible amounts of power incredibly quickly in an attempt to end a conflict as soon as it starts. Preferably the conflict doesn’t start at all, which is also the US doctrine of “look at this dick. Just. Look at it. Are you sure you want to do something?”", ">\n\nAh, the Lyndon Johnson doctrine", ">\n\nNever trust russia.", ">\n\nUkrainian: that is a nice general you have it here. POP!", ">\n\n\nIt is noted that while watching the enemy, the snipers defined the head of the unit and eliminated the commander and a machine gunner with well-aimed shots. Having lost the commander, the invaders were afraid to attack and fled.\n\nThis paragraph reminded me of this scene from The Fifth Element.", ">\n\nLet me see if I can do this without looking at the link...\n\"Anyone else want to negotiate?\"", ">\n\nnice shot guys.... slava ukraini", ">\n\nThat's why I say hey man nice shot... What a good shot man...", ">\n\nTrump insisted that Putin is a genius for invading Ukraine.", ">\n\nAnd said he wished he used the same tactics to have America invade Mexico, if I remember correctly. And yet a very large percentage of the American public would hear that and still cheer him on.\nWe dodged a bullet, getting Biden in office when he did. He may not be all that hot of a president but at least he isn't... that. If Trump was in office we'd probably be backing Russia's return to the times of 'right of conquest' to the hilt.", ">\n\n\nAnd yet a very large percentage of the American public would hear that and still cheer him on\n\nHe could eat his shit on live TV and some of his supporters would rationalize.\nThen they'd post videos on YouTube:\n\"Liberal campus BTFO by vomit as I eat my own shit in front of them\" - Ben Shiteatero", ">\n\n\"If shit comes out of our bodies, why aren't we supposed to eat it? Curious.\"\n-Ben Shiteatero", ">\n\n'We're apparently just supposed to accept that eating our own shit is bad. Because generations of libs have told us that and our communist teachers have forced that uninformed government opinion on us as children, which is a ACTUALLY a form of child grooming by the left' .. raises one eyebrow and looks confused .. . Tucker Carlshit.", ">\n\nI have to admit, it's kind of fun watching Russia commit suicide. Here's hoping the entire country falls soon.", ">\n\nJust remember, they are killing innocent civilians and Ukrainian troops almost as fast as they are getting killed themselves. \nI want to see Putin and his cronies gone, but I’d rather that comes now than continue to see both countries destroyed (Russia has good people and it has a lot of potential if it weren’t for this disaster of a regime).", ">\n\nThis is one thing I feel like doesn’t get emphasized enough: we only hear about the Russian dead, but never about Ukrainian losses. This is a hard-fought battle, and Ukraine is losing lots of men as well (though not as much as Russia, from what we can tell)", ">\n\nPutin has no intention of releasing territory. The Russians must be defeated and driven out of Ukraine.", ">\n\nI always assume that Russia wanted to cease fire so they could get their act together, move their resources around etc.", ">\n\nI’d like to imagine the other units in the troops put hidden signs that says “this is the commander” whenever the commander wasn’t looking so Ukraine would snipe him", ">\n\nLike the old paper signs taped on the back saying \"kick me\", but instead it's \"kill me\"", ">\n\nUkraine and NATO wouldn’t have even needed to use spies. What part of the US being able to see their troop movements with satellites don’t the Russians understand?\nThere will be no “surprise” attacks.", ">\n\nHey, you. You’re finally awake. You were trying to cross the border,\nright? Walked right into that ~~Imperial~~ Ukrainian ambush", ">\n\nI thought Russia was performing a Unilateral Ceasefire Operation", ">\n\nCut the head off the snake", ">\n\nDoes anyone really believe anything putler (hitler 2 ) says besides the idiots in Russia ? Putler thinks the world is like the people in his country", ">\n\nI at strategy games better than that and I suck.", ">\n\nOh no!\nAnyway...", ">\n\nGood shots", ">\n\n\"[...] and that's why we propose a ceasefire! ... You think they bought it?\"\n\"Mister Putin, your mic is still on, and you didn't close the live video call.\"\n\"Oh, crap. Uuh, I mean, honored nations, I hope you bought... picnic baskets for the nice, peaceful time we're going to have, hehe... Do you think they suspect that we actually plan to keep attacking despite our cunning and intelligent ruse?\"\n\"Uuh, Mister Putin...\"\n\"Did I do the thing again?\"\n\"Uh, yes, sir, you did.\"\n\"Nuts...\"", ">\n\n\"Well, sneak attack anyway!\"\n\"Sir, it's not a sneak attack if they're expecting...\"\n\"SNEAK. ATTACK.\"", ">\n\nPutin would have gotten away with the sneak attack if it hadn’t been for those meddling kids and that dog!", ">\n\nSo I totally misread that name as Bahamut and was waiting for it to say the soldiers were killed with a mega flare.", ">\n\nCongrats on completing Tier 2 White Lotus!", ">\n\nThe invasion failed? Must be the generals fault because it sure as hell isn't the deranged leader violating their own ceasefire in a nation where his people would rather leave the country then go to war because of the current leaders pride.", ">\n\nKen Burns' Civil War features a soldier saying he'd shoot the enemy soldiers and ignore their commanders because those were pretty much harmless while the soldiers were the ones that were shooting at him. I guess that works if the soldiers are In, heart & soul. But not if they are just slaves being forced to fight", ">\n\n\"But... But... It's CHRISTMAS!\" - V. Putin", ">\n\nBasically Russias army has a revolving door to replace the outgoing dead with fresh cannon fodder.", ">\n\nOne less RU commander. Great news! 👍", ">\n\nMore monsters slain, good.", ">\n\nDoes the average ruzzian citizen realize how trash their reputation is now? If they're not a hacker, they support genocide. Hard to trust a single one of em at this point.", ">\n\nI mean...how does being a hacker give them a pass on supporting genocide?", ">\n\nHe’s referring to how, before this war, the reputation of Russians was that too many were hackers and data-thieves. Now, that is the preferred stereotype.", ">\n\nAh, now I get it. Thanks!", ">\n\nRussians = Mangalores", ">\n\nRussian DICKtator opens mouth bullshit follows. The new saying in the future will be \"never trust a Russian they are full of shit\"", ">\n\nI wonder what kind of news Putin gets. Any facts at all?", ">\n\n“Communism was just a red herring“", ">\n\nThere are approx 250 people dying a day there, sick to be watching these videos, poor families", ">\n\nI mean no disrespect - but isn’t a border guard the “mall cop” of the armed forces? That is to say, these less-than-highly-trained soldiers eliminated Russian forces and killed their commander?", ">\n\nDepends on the area. You don’t want poor troops at your hot borders.", ">\n\nThat’s true.", ">\n\nSo there are orders from the top to attack during the ceasefire with the idea that \"they are distracted by truce\", and that would win it?", ">\n\nWhat ceasefire?\nThe invading army doesn't get to call \"time out\" to resupply and catch their breath.", ">\n\nOhhh. I see the miscommunication. I am talking about Russia. Did Russians get orders from the top to \"attack during the \"ceasefire\" ,Ukraine will surely accept these terms. So when they do.. WE STRIKE and WIN!\"\nWhat was Russia's plan behind this logic? Did they think they could really win with this dumb strat?", ">\n\nAhh, OK, sorry, I misread.\nYeah, seriously, the Russians must have had 0 intentions of ever following through on their bullshit \"ceasefire\".\nI have a hard time imagining that they are super eager to be on the offensive. This must have been an order from above to attack during the Christmas ceasefire.", ">\n\nI think I wrote it poorly, so that is on me.\nYeah I am with you, I can't imagine a Russian Battalion who has any energy for an offensive at this time. But they continue to surprise me even to this day.", ">\n\nFunnily enough you're both wrong. Yes Putin announced a ceasefire for Orthodox Christmas but Ukraine immediately and publically rejected it. So I imagine the Russian's shrugged and decided to keep bombing.", ">\n\nTechnically, aren’t all soldiers on the front line “border guards”?\n(Edit: This is not meant as a serious comment)", ">\n\nNo. Not those ordered to invade. The Russians got killed at the border were at the border too.", ">\n\nOptimum Barrel Time!", ">\n\nWhy would there be border guards in Bakhmut? Am I missing something?", ">\n\nLike that it’s on the edge of Russian occupied territory?", ">\n\nWell yeah, but why send border guards to a non existing border? Wouldn't that mean that Ukraine recognizes the independence of a separatist Donetsk republic?", ">\n\nJust because you're part of the border guard doesn't mean you can't be redeployed somewhere else. Marines also don't always fight near water...\nThis article refers to a sniper unit from the border guard that got redeployed to Bakhmut", ">\n\nthey have been eliminating commanders and generals of the Russian army dice pretty much day 1. nothing surprising here!", ">\n\nWhat does border guard mean here? Just a designation?", ">\n\nIs that an AI 338 Ax there? Looks like…." ]

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[ "Implications? Are they shifting back to a currency backed by gold? How is it going to impact (if any) the USD hegemony?" ]

[ "Implications? Are they shifting back to a currency backed by gold? How is it going to impact (if any) the USD hegemony?", ">\n\nWell yeah, that's what I'm wondering...if you're a hold backed currency and all the other currencies are backed by thin air. You can imagine the potential to cause havoc." ]

[]

[ "Thousands of Israelis protested on Saturday against Prime Minister Benjamin Netanyahu's new government, regarded as the most right-wing in Israeli history, an AFP correspondent said.\nProtesters brandished signs with slogans including \"Democracy in danger\" and \"Together against fascism and apartheid\" in the coastal city of Tel Aviv.\n\n...\n\nNetanyahu took office late last month at the head of a coalition with extreme-right and ultra-Orthodox Jewish parties, some of whose officials now head key ministries.\nIt includes a politician who late last year admitted tax evasion and a clutch of far-right personalities, including one who once kept a portrait in his home of a man who massacred scores of Palestinian worshippers.\n\n...\n\nIsrael's new justice minister this week announced a reform programme including a \"derogation clause\" allowing parliament to override decisions of the Supreme Court.\nOpposition leader Yair Lapid denounced the reforms, saying on Twitter that it \"endangers the entire legal system of the State of Israel\"." ]

[ "Thousands of Israelis protested on Saturday against Prime Minister Benjamin Netanyahu's new government, regarded as the most right-wing in Israeli history, an AFP correspondent said.\nProtesters brandished signs with slogans including \"Democracy in danger\" and \"Together against fascism and apartheid\" in the coastal city of Tel Aviv.\n\n...\n\nNetanyahu took office late last month at the head of a coalition with extreme-right and ultra-Orthodox Jewish parties, some of whose officials now head key ministries.\nIt includes a politician who late last year admitted tax evasion and a clutch of far-right personalities, including one who once kept a portrait in his home of a man who massacred scores of Palestinian worshippers.\n\n...\n\nIsrael's new justice minister this week announced a reform programme including a \"derogation clause\" allowing parliament to override decisions of the Supreme Court.\nOpposition leader Yair Lapid denounced the reforms, saying on Twitter that it \"endangers the entire legal system of the State of Israel\".", ">\n\nWe as a race need to realize that electing crooks just isn't in our best interests.\nOne day..." ]

[ "Thousands of Israelis protested on Saturday against Prime Minister Benjamin Netanyahu's new government, regarded as the most right-wing in Israeli history, an AFP correspondent said.\nProtesters brandished signs with slogans including \"Democracy in danger\" and \"Together against fascism and apartheid\" in the coastal city of Tel Aviv.\n\n...\n\nNetanyahu took office late last month at the head of a coalition with extreme-right and ultra-Orthodox Jewish parties, some of whose officials now head key ministries.\nIt includes a politician who late last year admitted tax evasion and a clutch of far-right personalities, including one who once kept a portrait in his home of a man who massacred scores of Palestinian worshippers.\n\n...\n\nIsrael's new justice minister this week announced a reform programme including a \"derogation clause\" allowing parliament to override decisions of the Supreme Court.\nOpposition leader Yair Lapid denounced the reforms, saying on Twitter that it \"endangers the entire legal system of the State of Israel\".", ">\n\nWe as a race need to realize that electing crooks just isn't in our best interests.\nOne day...", ">\n\nOr electing politicians deep in a cult. (aka religion)" ]

[ "Thousands of Israelis protested on Saturday against Prime Minister Benjamin Netanyahu's new government, regarded as the most right-wing in Israeli history, an AFP correspondent said.\nProtesters brandished signs with slogans including \"Democracy in danger\" and \"Together against fascism and apartheid\" in the coastal city of Tel Aviv.\n\n...\n\nNetanyahu took office late last month at the head of a coalition with extreme-right and ultra-Orthodox Jewish parties, some of whose officials now head key ministries.\nIt includes a politician who late last year admitted tax evasion and a clutch of far-right personalities, including one who once kept a portrait in his home of a man who massacred scores of Palestinian worshippers.\n\n...\n\nIsrael's new justice minister this week announced a reform programme including a \"derogation clause\" allowing parliament to override decisions of the Supreme Court.\nOpposition leader Yair Lapid denounced the reforms, saying on Twitter that it \"endangers the entire legal system of the State of Israel\".", ">\n\nWe as a race need to realize that electing crooks just isn't in our best interests.\nOne day...", ">\n\nOr electing politicians deep in a cult. (aka religion)", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nThousands of Israelis protested on Saturday against Prime Minister Benjamin Netanyahu's new government, regarded as the most right-wing in Israeli history, an AFP correspondent said.\nSome waved Israeli and rainbow flags while others held a large banner reading \"Crime minister\" - a slogan widely used by Israelis during regular demonstrations against Netanyahu in past years.\nNetanyahu, 73, who himself is fighting corruption charges in court, had already served as premier longer than anyone in Israeli history, leading the country from 1996-1999 and 2009-2021.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: Israeli^#1 Netanyahu^#2 includes^#3 protested^#4 against^#5" ]

[ "Thousands of Israelis protested on Saturday against Prime Minister Benjamin Netanyahu's new government, regarded as the most right-wing in Israeli history, an AFP correspondent said.\nProtesters brandished signs with slogans including \"Democracy in danger\" and \"Together against fascism and apartheid\" in the coastal city of Tel Aviv.\n\n...\n\nNetanyahu took office late last month at the head of a coalition with extreme-right and ultra-Orthodox Jewish parties, some of whose officials now head key ministries.\nIt includes a politician who late last year admitted tax evasion and a clutch of far-right personalities, including one who once kept a portrait in his home of a man who massacred scores of Palestinian worshippers.\n\n...\n\nIsrael's new justice minister this week announced a reform programme including a \"derogation clause\" allowing parliament to override decisions of the Supreme Court.\nOpposition leader Yair Lapid denounced the reforms, saying on Twitter that it \"endangers the entire legal system of the State of Israel\".", ">\n\nWe as a race need to realize that electing crooks just isn't in our best interests.\nOne day...", ">\n\nOr electing politicians deep in a cult. (aka religion)", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nThousands of Israelis protested on Saturday against Prime Minister Benjamin Netanyahu's new government, regarded as the most right-wing in Israeli history, an AFP correspondent said.\nSome waved Israeli and rainbow flags while others held a large banner reading \"Crime minister\" - a slogan widely used by Israelis during regular demonstrations against Netanyahu in past years.\nNetanyahu, 73, who himself is fighting corruption charges in court, had already served as premier longer than anyone in Israeli history, leading the country from 1996-1999 and 2009-2021.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: Israeli^#1 Netanyahu^#2 includes^#3 protested^#4 against^#5", ">\n\nJust curious why didn’t the people vote for the other parties if they knew this is the outcome?" ]

[ "Thousands of Israelis protested on Saturday against Prime Minister Benjamin Netanyahu's new government, regarded as the most right-wing in Israeli history, an AFP correspondent said.\nProtesters brandished signs with slogans including \"Democracy in danger\" and \"Together against fascism and apartheid\" in the coastal city of Tel Aviv.\n\n...\n\nNetanyahu took office late last month at the head of a coalition with extreme-right and ultra-Orthodox Jewish parties, some of whose officials now head key ministries.\nIt includes a politician who late last year admitted tax evasion and a clutch of far-right personalities, including one who once kept a portrait in his home of a man who massacred scores of Palestinian worshippers.\n\n...\n\nIsrael's new justice minister this week announced a reform programme including a \"derogation clause\" allowing parliament to override decisions of the Supreme Court.\nOpposition leader Yair Lapid denounced the reforms, saying on Twitter that it \"endangers the entire legal system of the State of Israel\".", ">\n\nWe as a race need to realize that electing crooks just isn't in our best interests.\nOne day...", ">\n\nOr electing politicians deep in a cult. (aka religion)", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nThousands of Israelis protested on Saturday against Prime Minister Benjamin Netanyahu's new government, regarded as the most right-wing in Israeli history, an AFP correspondent said.\nSome waved Israeli and rainbow flags while others held a large banner reading \"Crime minister\" - a slogan widely used by Israelis during regular demonstrations against Netanyahu in past years.\nNetanyahu, 73, who himself is fighting corruption charges in court, had already served as premier longer than anyone in Israeli history, leading the country from 1996-1999 and 2009-2021.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: Israeli^#1 Netanyahu^#2 includes^#3 protested^#4 against^#5", ">\n\nJust curious why didn’t the people vote for the other parties if they knew this is the outcome?", ">\n\nThey thought Bibi has a spine and will rain Ben Gvir in. I don't know what gave them the idea Bibi has a spine but here we are" ]

[ "Thousands of Israelis protested on Saturday against Prime Minister Benjamin Netanyahu's new government, regarded as the most right-wing in Israeli history, an AFP correspondent said.\nProtesters brandished signs with slogans including \"Democracy in danger\" and \"Together against fascism and apartheid\" in the coastal city of Tel Aviv.\n\n...\n\nNetanyahu took office late last month at the head of a coalition with extreme-right and ultra-Orthodox Jewish parties, some of whose officials now head key ministries.\nIt includes a politician who late last year admitted tax evasion and a clutch of far-right personalities, including one who once kept a portrait in his home of a man who massacred scores of Palestinian worshippers.\n\n...\n\nIsrael's new justice minister this week announced a reform programme including a \"derogation clause\" allowing parliament to override decisions of the Supreme Court.\nOpposition leader Yair Lapid denounced the reforms, saying on Twitter that it \"endangers the entire legal system of the State of Israel\".", ">\n\nWe as a race need to realize that electing crooks just isn't in our best interests.\nOne day...", ">\n\nOr electing politicians deep in a cult. (aka religion)", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nThousands of Israelis protested on Saturday against Prime Minister Benjamin Netanyahu's new government, regarded as the most right-wing in Israeli history, an AFP correspondent said.\nSome waved Israeli and rainbow flags while others held a large banner reading \"Crime minister\" - a slogan widely used by Israelis during regular demonstrations against Netanyahu in past years.\nNetanyahu, 73, who himself is fighting corruption charges in court, had already served as premier longer than anyone in Israeli history, leading the country from 1996-1999 and 2009-2021.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: Israeli^#1 Netanyahu^#2 includes^#3 protested^#4 against^#5", ">\n\nJust curious why didn’t the people vote for the other parties if they knew this is the outcome?", ">\n\nThey thought Bibi has a spine and will rain Ben Gvir in. I don't know what gave them the idea Bibi has a spine but here we are", ">\n\nEnd Apartheid" ]

[]

[ "Explain your notion of the ideal economic system including the practicalities." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow..." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nPerhaps a few more people could afford to buy if these properties weren't used as someone else's 7th investment property" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nPerhaps a few more people could afford to buy if these properties weren't used as someone else's 7th investment property", ">\n\nWhat do you think people who do own multiple houses do with their money" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nPerhaps a few more people could afford to buy if these properties weren't used as someone else's 7th investment property", ">\n\nWhat do you think people who do own multiple houses do with their money", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nPerhaps a few more people could afford to buy if these properties weren't used as someone else's 7th investment property", ">\n\nWhat do you think people who do own multiple houses do with their money", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI prefer to invest in real assets such as homes as opposed to abstracted financial instruments like stocks." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nPerhaps a few more people could afford to buy if these properties weren't used as someone else's 7th investment property", ">\n\nWhat do you think people who do own multiple houses do with their money", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI prefer to invest in real assets such as homes as opposed to abstracted financial instruments like stocks.", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nPerhaps a few more people could afford to buy if these properties weren't used as someone else's 7th investment property", ">\n\nWhat do you think people who do own multiple houses do with their money", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI prefer to invest in real assets such as homes as opposed to abstracted financial instruments like stocks.", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nPerhaps a few more people could afford to buy if these properties weren't used as someone else's 7th investment property", ">\n\nWhat do you think people who do own multiple houses do with their money", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI prefer to invest in real assets such as homes as opposed to abstracted financial instruments like stocks.", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nSame, we were able to buy a house because we put an offer day of. There's an investment company that's been buying up the neighborhood since we bought it. I don't mind renters it's landlords that are the problem." ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nPerhaps a few more people could afford to buy if these properties weren't used as someone else's 7th investment property", ">\n\nWhat do you think people who do own multiple houses do with their money", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI prefer to invest in real assets such as homes as opposed to abstracted financial instruments like stocks.", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nSame, we were able to buy a house because we put an offer day of. There's an investment company that's been buying up the neighborhood since we bought it. I don't mind renters it's landlords that are the problem.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nPerhaps a few more people could afford to buy if these properties weren't used as someone else's 7th investment property", ">\n\nWhat do you think people who do own multiple houses do with their money", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI prefer to invest in real assets such as homes as opposed to abstracted financial instruments like stocks.", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nSame, we were able to buy a house because we put an offer day of. There's an investment company that's been buying up the neighborhood since we bought it. I don't mind renters it's landlords that are the problem.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\nLiterally lol, they complain instead of learning" ]

[ "Explain your notion of the ideal economic system including the practicalities.", ">\n\nMy guess it’s something along the lines of he gets everything he wants and everyone, but him, has to pay for it. What’s the big deal?", ">\n\nIt seems like, for him, investment is the enemy. Why invest if government can give you stuff?", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nOr how about we let people do what they want?", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”", ">\n\nWhat would some acceptable investments in your fascist utopia?", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nPeople have the freedom to invest in whatever they want and make as much money as they can. It's just none of your business. \nNeither you nor anyone is forced to rent. Go and buy your own place.", ">\n\nwhat an idea, why didn't I think about that\nit's not like home ownership is out of reach for the majority or people (In Australia anyway)", ">\n\nRight? Home ownership is so realistic to us middle income folks. I earn what is considered a medium family income (as a single person), and ownership is still out of reach. I'm what's called wealthy according to our US standard of living, and I still can't afford to \"live.\"", ">\n\nBtw... not complaining about being middle income. I appreciate that I can afford rent, considering most cant these days. But if it were 50 years ago, I'd have a mansion, a pool and 3 cars. The fact that people don't understand that blows my mind. I did everything \"right\"... college, credit, etc... but I still don't have the luck of being born 50 years ago.", ">\n\nLuck has nothing to do with it. I don't own houses and land based upon luck or happenstance. It was intentional. \nFrom the sounds if it, you make far more than my paltry salary.", ">\n\nCareful now, you might get the Australian elite on your ass if you say things like that. They might be liable to sue for slander, or burn your house down!", ">\n\nSomeone clearly doesn't like their landlord.", ">\n\nI agree about homes, at least in the US. There is a shortage of homes, and flipping them for a quick buck is not capitalism. It's profiteering. This would be easy to fix, though. Slap a hefty tax on the proceeds from a single family home sale if the home wasn't the seller's primary residence.\nThe rest of your post shows a fundamental misunderstanding of wealth. You presume that there's one pie, and if someone takes a bigger slice then it leaves less for everyone else. However, most wealth is created - not taken. For example, if I own 1000 shares of stock, and that stock goes up in value 50%, then my wealth has increased without decreasing the wealth of anyone else.", ">\n\nDon't know why you are getting down voted for facts.", ">\n\nOP currently works minimum wage, but thinks they should get paid as a doctor. I fact checked.", ">\n\nIl add an equally unpopular opinion that I feel goes with this one:\nAll property is theft😁", ">\n\nTheft from whom?", ">\n\nPeople who collect properties like trading cards are parasites in my opinion \"someone or something that resembles a biological parasite in living off of, being dependent on, or exploiting another while giving little or nothing in return\" and the worst part is they have all our elected leaders in thier pockets so nothing will charge", ">\n\nLandlords provide an important service to tenants: They provide housing to individuals who are unwilling or unable to purchase their own home.\nIf there were no landlords this wouldn't translate into renters owning their own homes, there would be shanty towns filled with poor people.", ">\n\nLandlords don’t provide a service. They didn’t build the house. They don’t even have to maintain it, they can hire a property manager. Landlords just buy more properties than they need and force renters to pay their mortgage for them.", ">\n\nOh people are forced to rent now.", ">\n\nYes, 100%. If one can’t afford to buy a home, their only options are homelessness or renting.", ">\n\nA house you buy is both your home and an investment. You're probably spending the plurality of your income on the purchase and upkeep of your home for the bulk of your career, you want this to have some residual value for later in your retirement or to pass onto your children.\nI think it is \"toxic\" when people focus on the investment side too heavily, and are afraid to make their house their home because of what a hypothetical buyer may want, but that doesn't mean it isn't (or shouldn't be) an investment.", ">\n\nNot unpopular, mod please close. Your antiwork side is showing. If you think government housing is better, do your research. Yes landlords should be restricted on crazy pricing but it’s an open market. You can also really help people out with affordable housing. Sounds like you should go to college and get a better job.", ">\n\nHomes should be an investment, there should just be reasonable restrictions which allow landlords to make money while also not making the tenants pay an unreasonable amount.", ">\n\nWho fixes the toilet if you don’t own the property you live in?", ">\n\nPlumbers usually.", ">\n\nDisagree because that's not how economics work.\nGreat job on the unpopular opinion. Upvote.\nIn all seriousness, I too wish that were the case, but the best move to do is educate the populace to be future business leaders, so they can remain relevant and competitive.\nI'm sorry OP if this is coming off as rude, but here me out. Imagine if 80% of the population of the US had their own company/corporation. Instead of people saying, \"what social apps do you use?\", they say, \"which social apps do you have?\" Everyone pretty much provides a product or service and therefore produce their own money.\nI know it's different than your mindset, but I genuinely feel this is the best solution to economic inequality.", ">\n\nI believe the fact people can buy large swathes of it while we have a modern serfdom where people pump 2/3 of their wages to simply have a roof, something is wrong. Failure of my health made me homeless for a while, something I saw coming despite rock solid financial planning, there was no easy route out. So I ended up abroad for months at a time while I rolled up the public housing list, all with compromised mobility. \nThe solution I believe is say a small guy can own one or two or three homes in a given country they have residency in, but private corporations abroad can't just sweep up thousands of properties (corporate landlords). Also mortgages... If you have a track record of paying years of way higher than mortgage rent, you should be fine even if interest rates go up. Public housing that you can buy with the proceeds going on building more as an addition. (this where the government could have helped with right to buy in the UK).\nThe ability to rent does serve a market, so this would allow a balance of it, if someone could say rent out a second home and still have plenty to spare.\nThis would leave far more housing available for the population. My friend hasn't even met his landlord who owns the whole tower block. He pumps more than a full time jobs worth of minimum wage on the rent.\nMy partner grew up near a slum in conditions not far off it. He says it's a massive problem in the west. In the Philippines, you must be a local to buy a house. He says the sheer number of homelessness I've showed in streets is \"worse than tondo, at least they have a house even if it's a shack\" and he's spent time IN tondo (a slum in Manila), so he knows what he is talking about. Here the issue is wages, but housing for both lower and middle class, you just give the money and have keys in your hand. None of this 1000 tennants to 1 house crap as foreign investors can't just buy up entire tower blocks and developments.\nPlus the social structure of individualism over collective. I believe we need a balance of both, not too far one way or the other.", ">\n\nLiterally all money should be reinvested? How do you pay your employees?", ">\n\nIf I can buy it low and sell it high then it's an investment.", ">\n\ni think you’re onto something here. everyone should pool all their money together to make sure everyone has a house. no one should make more than another person even if one is a homeless person and the other is a ceo of a multi billion dollar company. there should be no such thing as rich or poor and we should all eat the same food. no one gets “organic” or “fresh” foods. we all eat bars of protein to make it fair.", ">\n\nThe most popular opinion ever.\nAlso you don't understand economy and the role of speculation.", ">\n\nIm gonna say it again. Im working, buying a house, repeat, so i can retire before the age of 70. Its my money, i worked for it, i bought the houses. Its that easy. If they dont want to pay rent, buy the house.", ">\n\nIf a bunch of people are seeking personal gain they have to compete against each other in price and quality.\nWhich inevitably leads to better outcomes.\nThis is econ 101.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nA house IS an investment because you can live in it.\nAnd if you happen to have more than one, there's absolutely NOTHING WRONG with allowing someone else, who isn't in a position to buy one, to live there for a reasonable rent.\nBut I guess it's just another \"hot take\" of someone who despises capitalism despite firmly living under it and probably being unaware of their privilege.", ">\n\nBro just described communism.", ">\n\nI had someone else do this exact illogical opinion on me in the r/fucknestle sub... some people are just...wow...", ">\n\nIf people don't do things for personal gain, the house doesn't even get built, I was a bricklayer, so I can tell you I don't wanna break my back for charity.\nRenting and buying are used in different situations for different reasons. You can't rent if a person isn't renting, so landlords and homeowners are helping people out by making an investment.\nAn investment is taking risk for future gain, so its not like they just steal deeds to a house kill the family that lives there and sells it for gain.\nIt's not unpopular nowadays to pointlessly hate people better off than you. Just get good instead of worrying bout people having more than you.", ">\n\nIDK. I rather like the fact that I invested in a home to live in, to fix up, and to give to my kids when I finally die by falling down the basement stairs.", ">\n\nSorry that’ll be me that pushed you. Don’t look for me, or you might live forever", ">\n\nExplain your notion of the ideal economic system including the practicalities.", ">\n\nPointing out that our current system sucks and that capitalism, when functioning correctly, leaves people behind doesn't require that to has an entire alternative system figured out, and to suggest otherwise is childish.", ">\n\nYes it does. Otherwise it is just bitching with no solution. I was taught to never complain without a solution because THAT is immature! You were obviously not taught this.", ">\n\nLol, no, you just have a stupid take here. You don't need to have a solution to recognize a problem. Anyone who solves problems knows this.", ">\n\nOke then solve the problem with a specific practical solution or bitch to no effect up to you.", ">\n\nYou're just going to double down on being dumb aren't you?", ">\n\nOké Lets hear the solution from you since you self identify as a smart person.", ">\n\nLadies and gentlemen, he has tripped down and is ignoring the conversation. You didn't think it could get the dumb, be'it here we have it.", ">\n\nYou are the one ignoring my question because you have no solution.", ">\n\nI actually have a couple of possible solutions, but you seem incapable of understanding the simple idea that you don't need to have a solution to recognize a problem so I don't think you'd understand a tax strategy or a regulatory strategy.", ">\n\nMy wife and I have purchased and sold two houses and have reinvested the money into our current house 🤷🏻‍♂️", ">\n\nwe remodeled then sold our condo, using the proceeds as a down payment on a run-down chicago two-flat. we then remodeled that over the course of 11 years (as well as renting out the second unit), and sold it for over 3x what we paid for it. that allowed us to buy this, our current and hopefully last house(on a 1-acre lot) for cash.", ">\n\nHey, good for you internet stranger. You did the work and now get to enjoy it. Seriously, good job!", ">\n\n\nall money should be reinvested to make things better for everyone\n\nWow, if only there was a Magic 8-Ball that we could all agree on as the arbiter of what investments make things better for everyone.\nCapitalism on a global scale has more than any other force lifted more people out of poverty. That has been the experience of the 20th century, whether you like it or not.", ">\n\nWell that's an opinion not a fact! As you couldn't possibly show that what your suggesting was caused by capitalism, as it was just 1 small aspect of so many things that occurred over the course of 100 years. Anything that has come from government during that time is not capitalism.\nCapitalism is the use of capital (money) to make more money. No more no less.\nWe live in a world that under goes regular (approx. 7 year cycles) recessions where most people suffer financially. Why, because we live in a capitalist system, not because it's inherent in life that every 7 years millions of people must lose their jobs, houses etc. \nWe live in a world that need tso endlessly grow/create more wealth to pay off interest on loans. So constantly extracting more resources from this finite world. Why because capitalism firstly allows interest (unlike almost all of the world religions, which holds usury to basically be a sin(I'm not religious btw)). secondly, however in the modern day all debt that is created is created out of nothing! So, you want a loan for $1 million you go to a bank, you might assume that the bank checks it's records to see if it has a million dollars to give you, but no it doesn't at all, that's not how it works now, all they care is that you can pay it back. If they think you can they give you the loan. Then it comes into creation out of thin air, that million dollars literally did not exist before you walked in the door. As mental as that seems it is how it currently works. The problem is they don't create the interest. Think on this for a second...... There is literally not enough money by quite a margin to pay off all debt. It is built into the system that a % of people and business MUST go bankrupt so others can survive. \nSo you can't say it had lifted people out of poverty, but we can say it has and does explicitly ensure that a certain amount of people will be poor 🤔", ">\n\nThat rant was so hard to read I can't even tell what I'm arguing against. You managed to add an emoji to your post but couldn't be bothered with the Enter button?\nJust tell me why you believe living standards have risen globally over the past hundred years if not for capitalism and global free trade. What else occurred during those years that was not at all the fruit of capitalism to make living today better than living a hundred years ago?", ">\n\nDo you forsee capitalism continuing to improve the quality of people's lives en masse?", ">\n\nNobody know the future. We'll get there when we get there. As of right now it is still helped millions in the less privileges countries.\nI have never seem a country that is not a mixed of some form of capitalist and socialist. We'll likely just keep turning the dial back and forth to fit the need at the time; staying in 1 spot forever is impractical and foolish.\nTimes and conditions change.", ">\n\nI’m pretty left as far my politics are considered but this is such a stupid fucking take lol. If you own a house that you plan on selling someday, which is most people who own a home, then you’d be fucking stupid to not want to make money off it. That’s just being stupid with your money. Capitalism isn’t going anywhere. And as long as that’s true, people should invest their money and assets for the future, homes are included in that.", ">\n\nWhat out about people who move frequently? What about people who cannot afford to buy? What about people who aren’t handy and don’t want to pay for maintenance expenses?", ">\n\nPerhaps a few more people could afford to buy if these properties weren't used as someone else's 7th investment property", ">\n\nWhat do you think people who do own multiple houses do with their money", ">\n\n\nit’s not the tenants responsibility to make you money\n\nMan doesn’t know how leases work", ">\n\nI prefer to invest in real assets such as homes as opposed to abstracted financial instruments like stocks.", ">\n\nPosts like this always make me chuckle. The amount of Redditors that think homeownership will somehow be the cure to all their ailments is absolutely ridiculous. Your average Redditor can’t put their pants on without pissing themselves yet somehow they’ll be able to manage the maintaining of a home? Some people just flat out don’t have the intelligence, foresight, and flat out the will to own a home. They just like the idea of owning a home haven’t the slightest clue at what the actual cost is.", ">\n\nI own a home. My parents own a home. Both sets of grandparents owned homes, my aunts and uncles, most of my cousins. I still think it’s messed up for these shitty “landlords” to own all the houses. Hurts the chances for others to do so, houses cost more when Jerry owns 18 of them. Should everyone own? No. My MIL is a good example. If you can’t or won’t do basic maintenance (or don’t have the money to pay for every single thing to be done professionally) you’re better off renting. But there are a lot of people who could very well take care of a home. It can be expensive, sure. In the past 2 years we have had to replace flooring all the way down to the subfloor in half the house, rerun water lines, run gas lines, replace several appliances, and many other very expensive things, and that’s with the knowledge and ability to do the work ourselves. But it shouldn’t be nearly as difficult as it is to buy a home.", ">\n\nSame, we were able to buy a house because we put an offer day of. There's an investment company that's been buying up the neighborhood since we bought it. I don't mind renters it's landlords that are the problem.", ">\n\nThis post reads as \"dont be more financially literate than I am because it makes me feel bad about my financial choices\"", ">\n\nLiterally lol, they complain instead of learning", ">\n\n“Let me tell you how you should not do Capitalism, but I’ll do Capitalism as I see fit, k?”" ]