Interesting. Do you have any more info on the SourceID token and how it can compromise an account?

https://youtu.be/3sk1T4UGGpc

Hey dude, I don’t know you and I don’t know anything about you. I do know that everyone, even people you would never expect, have value. You are amazing just for being you. If you find things you enjoy, do those things. 10 year old you may be prouder of you than you think, even if it’s because of how you have kept on going when things have gotten tough. I hope you feel that.

A white chinchilla. There’s a decent chance it’s deaf. Great cat though. https://en.m.wikipedia.org/wiki/Congenital_sensorineural_deafness_in_cats

For clarity, I believe in socialism, and live in Australia, arguably one of the more successful social democracies. I’m trying to highlight how capitalism has some massive gaps when it comes to implementation.

Interestingly, in Australia we have no rental controls, and the market just works. Prices rise and fall based on the demands of the market. At times, renting in Australia becomes unaffordable for many, and it’s all over the news, and people try to address the issue. But I don’t know that I’ve ever heard rental price controls being offered as a solution. The more common proposed solutions are to: build more affordable houses in newly created suburbs further from the city, increase public transport options to the city making outlying suburbs more viable, all of which provide downward pressure on the rental prices in the popular city districts. As construction booms, the rental market softens.

(I copy/pasted this comment from its original location as the person I replied to deleted their comment)

Correct

For clarity, I believe in socialism, and live in Australia, arguably one of the more successful social democracies. I’m trying to highlight how capitalism has some massive gaps when it comes to implementation.

Interestingly, in Australia we have no rental controls, and the market just works. Prices rise and fall based on the demands of the market. At times, renting in Australia becomes unaffordable for many, and it’s all over the news, and people try to address the issue. But I don’t know that I’ve ever heard rental price controls being offered as a solution. The more common proposed solutions are to: build more affordable houses in newly created suburbs further from the city, increase public transport options to the city making outlying suburbs more viable, all of which provide downward pressure on the rental prices in the popular city districts. As construction booms, the rental market softens.

I thought pure capitalism meant that a removal of controls and regulations would lead to natural consequences (like essential services workers being priced out) which would eventually lead to a lack of essential workers, which would eventually lead to the creation of affordable accommodation in the city by some enterprising business looking to capitalise on that opportunity. The free market would eventually take care of the problem. It might be disruptive in the short term, but ultimately that problem would be self resolved by the market. Bringing in regulations and controls starts to smell like socialism?!

But that’s the free market at work. Prices will continue to rise until they become unaffordable and landlords have empty properties. Where I live there is no rent control, and the prices keep rising as the economy and inflation rises. When rental properties are in high demand, rental prices increase across the board. When construction provides many new properties to buy, people buy, rental demand decreases, and rental prices stagnate. No need for regulation from some government body. I thought this was capitalism 101?

Controversial opinion, but shouldn’t capitalism allow the free market to decide rental rates and tenancy durations? Why are rental incomes regulated. I completely understand having regulations for health and safety reasons (maintenance needs to be enforced, apartments need to be liveable) but why control the prices in a capitalist society?