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Joined 1 year ago
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Cake day: June 15th, 2023

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  • The only developed country that doesn’t seem to have a housing crisis right now is Japan. After their real estate market collapsed in the 90s, they instituted a number of reforms to make housing less attractive as an investment vehicle. Now housing there tends to depreciate over time, not appreciate. Consequently, it’s viewed not as an investment but as a consumer product, much like buying a car, and there is competition that brings costs down.

    I think this is the sensible approach we need to follow in the rest of the developed world, but I don’t think it’s not going to be politically feasible until a lot of homeowners feel a lot of pain and give up on the idea of housing as an investment







  • I’m not a big fan of karma either, I definitely don’t want to see it baked into the core protocol. However with this implementation, it doesn’t seem to harmful as most users won’t have it.

    I would also love to see some experimentation with different methods of assigning karma on the fediverse. The Community Notes algorithm from twitter is very interesting as it boosts answers that have support across many groups of users. It’s an attempt to encourage answers that reach across divides, instead of ones that foster echo chambers.

    Let a million experimental flowers bloom!