Bad Economic Predictions

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TheCatt
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Re: Bad Economic Predictions

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Leisher wrote: Wed Apr 01, 2026 9:05 am For example, don't build low cost housing in middle class or above areas.
Congrats, you're keeping prices high. Build more everything, everywhere.
Leisher wrote: Wed Apr 01, 2026 9:05 am although I don't know why you're such a self-hating elderly person...
I forgot you were in AARP, but I am not :)
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Re: Bad Economic Predictions

Post by Leisher »

Lab made diamonds that are indistinguishable from real ones probably aren't helping.



Different question: How many things have corporations tricked us into making normal parts of life?

*cough*Valentine'sDay*cough*
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Re: Bad Economic Predictions

Post by Leisher »

Apparently, I typed this yesterday and just noticed, as I'm shutting my stuff down for the weekend, that it never posted. Enjoy.
TheCatt wrote: Wed Apr 01, 2026 9:09 am Congrats, you're keeping prices high. Build more everything, everywhere.
Build everything, everywhere and you're right, prices will drop. Mainly because it all becomes shit and nobody will want to live there. As Seinfeld said, "adjacent to garbage is garbage."

Serious question: Do economists ever look at anything except the numbers? I'm genuinely curious about that.

Anyway, if you build low income housing near middle class homes, the middle class moves away from the low income housing. That reduces "desired" inventory, which is where they're moving, and increases prices. This has been on full display throughout the U.S. (and I'm sure the rest of the world) for the better part of a century. It's indisputable. Every city, and most towns, have run down areas full of, what used to be top tier, housing that now sells for peanuts. Well...priced for peanuts because they don't actually sell.

What do they all have in common? The poors started moving in, and crime came with them. Now those top shelf houses sit abandoned.

Low income housing brings low income trouble. The middle class doesn't live in low income areas because they don't want those troubles around their families. The property values aren't decreasing just because a lower priced home went in down the street. Who is moving in and what that means for the area is the driving force.

The thing about the poors that people don't talk about is that while some are absolutely there thanks to bad luck, most are there because they're low IQ, made bad decisions, are addicts, are happy living off the government, etc. Point being, they're probably not turning the ship around...ever. They don't make for great neighbors.

To be fair, the poors aren't automatically "bad neighbors". They can be, of course (just like some rich people), but it's usually tied to the company they keep. The friends and family who aren't as interested in doing the right thing to improve their lives. I'm pretty sure I wrote a timeline somewhere on here about an apartment complex in a "better off" part of town that allowed some government residents move in. It didn't go well. It never does.

BTW, I don't give a shit if your friend Billy Bob was able to move to a better neighborhood and turned his life around. He's the exception, not the rule.

Oh, and nobody wants a mansion that's next door to an Applebee's. So no to "build everything, everywhere.



You have a prejudice against whomever you pictured as "low income" and "the poors". You're welcome.
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Re: Bad Economic Predictions

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Leisher wrote: Thu Apr 02, 2026 10:50 am ab made diamonds that are indistinguishable from real ones probably aren't helping.
Yeah, big fan of the fakes.
Leisher wrote: Thu Apr 02, 2026 3:31 pm Serious question: Do economists ever look at anything except the numbers? I'm genuinely curious about that.
Well, we just turn EVERYTHING into numbers - ta dah! Happiness? Number! Economy? Number! # of times Leisher's been pegged? HUGE number! :)

I think bad neighbors should be handled by the police or whatever. I dunno what the exact right answer on housing is, but freezing housing like it was in 1967 (see: "historic" districts) and the like are not the answer. Rent control is not the answer. Building is the answer. How to build more and not ruin a given neighborhood, etc? Dunno.

Apparently I hate white people. I just pictured white trash.
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Re: Bad Economic Predictions

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TheCatt wrote: Thu Apr 02, 2026 7:41 pm Yeah, big fan of the fakes.
Who wouldn't be? Cheap, exactly the same, and no blood. Between these and people not buying engagement rings anymore, now's a bad time to be a jeweler.
TheCatt wrote: Thu Apr 02, 2026 7:41 pm Well, we just turn EVERYTHING into numbers - ta dah! Happiness? Number! Economy? Number!
It's such a terrible way to look at things though. It fails sooooooo much.
# of times Leisher's been pegged? HUGE number!
No matter how much you wish it, I'm not letting you fuck me.

I would like to ask a dude that's been pegged, "why". Just be gay. It's the same experience, but less nagging!
TheCatt wrote: Thu Apr 02, 2026 7:41 pm I think bad neighbors should be handled by the police or whatever.
Yes, but our laws suck. Hell, look at how shitty squatter laws are when owners cannot even get people out who broke in!
TheCatt wrote: Thu Apr 02, 2026 7:41 pm but freezing housing like it was in 1967 (see: "historic" districts) and the like are not the answer. Rent control is not the answer. Building is the answer.
We completely agree on that.
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Re: Bad Economic Predictions

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Leisher wrote: Mon Apr 06, 2026 11:48 am No matter how much you wish it, I'm not letting you fuck me.
I have a penis, pegging = dildo, you, uh... not freak.
Leisher wrote: Mon Apr 06, 2026 11:48 am t's such a terrible way to look at things though. It fails sooooooo much.
Sounds like someone who's bad at numbers ;)
Leisher wrote: Mon Apr 06, 2026 11:48 am I would like to ask a dude that's been pegged, "why". Just be gay. It's the same experience, but less nagging!
Never done it, but at the end of the day, I'd rather theoretically have a hot naked woman with boobs doing me than a dude, ewww. Pegging is temporary, so like I'd bang her back or something.
Leisher wrote: Mon Apr 06, 2026 11:48 am Hell, look at how shitty squatter laws are when owners cannot even get people out who broke in!
That is, indeed, insane.
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Re: Bad Economic Predictions

Post by Leisher »

This fits what I've been saying. Jobs reports have been bullshit for a while.

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Re: Bad Economic Predictions

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Thanks, Trump.
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Re: Bad Economic Predictions

Post by Leisher »

He ain't helping, but he's not the root cause.

Snap just announced they're cutting 16% of their workforce. I'll give you three guesses on what they cite as the reason why.
“Activism is a way for useless people to feel important, even if the consequences of their activism are counterproductive for those they claim to be helping and damaging to the fabric of society as a whole.” - Dr Thomas Sowell
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Re: Bad Economic Predictions

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Leisher wrote: Wed Apr 15, 2026 4:11 pm I'll give you three guesses on what they cite as the reason why.
Trump, Trump, and Trump? :)
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Re: Bad Economic Predictions

Post by Leisher »

Wrong on all counts, BUT the odds of him taking credit for all things AI are pretty good.
“Activism is a way for useless people to feel important, even if the consequences of their activism are counterproductive for those they claim to be helping and damaging to the fabric of society as a whole.” - Dr Thomas Sowell
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Re: Bad Economic Predictions

Post by Leisher »

I know someone who has been saying this for years now...

“Activism is a way for useless people to feel important, even if the consequences of their activism are counterproductive for those they claim to be helping and damaging to the fabric of society as a whole.” - Dr Thomas Sowell
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