this post was submitted on 09 Jul 2025
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[–] son_named_bort@lemmy.world 75 points 2 days ago (1 children)

Almost helped an old lady across the street, but then she said "I need about tree fitty" and that's when I realized that this old lady was 10 stories tall and a crustacean from the Paleozoic Era.

[–] Raiderkev@lemmy.world 17 points 2 days ago (2 children)
[–] FarmTaco@lemmy.world 11 points 1 day ago

damnit woman thats why he keeps comin back, you keep givin him treefitty!

She gave him a dollar

[–] disguy_ovahea@lemmy.world 256 points 3 days ago (17 children)

Grandma is not the problem. It’s the ~800 billionaires in the US controlling sizable portions of single-family residences through private equity, artificially controlling market prices for maximum profit per sale. Blackstone alone owns 300,000 residences.

Fun Fact: There are 16 million vacant homes nationwide. That’s 28 vacant homes for every unhoused person.

https://ips-dc.org/report-billionaire-blowback-on-housing/

[–] KoboldCoterie@pawb.social 169 points 3 days ago (50 children)

I've said this before (and caught flak for it) but I think the solution to this is to apply a heavy additional tax to vacant homes (as defined as any home that isn't occupied by a permanent resident for more than 6 months a year), and increase the tax exponentially for each residence beyond the first owned by the same company or individual.

At some point, you make it so expensive to keep unoccupied properties that they're better off letting people live there for free than continuing to let them go unoccupied. Use all of the proceeds from this tax to assist homeless people or build new dense housing developments.

"But Kobold, what about soandso with their summer home?" If you can afford a second home, you can afford to pay a bit more tax on it to benefit the public good.

"But Kobold, a lot of those homes that are vacant are run-down, or are in places nobody actually wants to live!" Doesn't matter. If they're vacant, tax them. Use the money to build dense housing in the places where people do want to live. If the place is too run-down to be occupied, the owner can tear it down and do something else with it.

[–] burgerpocalyse@lemmy.world 2 points 1 day ago (1 children)

my solution is to destroy all houses, then NO ONE gets a home!!

[–] KoboldCoterie@pawb.social 2 points 1 day ago

True equality!

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[–] UnderpantsWeevil@lemmy.world 21 points 2 days ago* (last edited 2 days ago) (2 children)

Grandma is not the problem.

You can't go blaming the institutions for the high cost of living when it is very clearly this one anonymous old person who isn't giving this other anonymous young person a sweetheart deal out of misplaced nostalgia.

Fun Fact: There are 16 million vacant homes nationwide.

Okay, but a bunch of them are in the Rust Belt, where de-industrialization eviscerated the economy and caused a mass exodus to the Gulf Coast and the Mountain West in pursuit of lower wage service sector and sales employment.

I suppose you're going to claim that the wholesale restructuring of the manufacturing economy was the fault of a handful of 90s-era Wall Street bankers and Corporate Executives, rather than millions of Boomer-era suburbanites with pocket change in their retirement accounts 40 years ago?

Likely. Fucking. Story. This is just bigotry against the 1% is what it is.

[–] Shapillon@lemmy.world 19 points 2 days ago

Almost bit the bait lol

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[–] wreckedcarzz@lemmy.world 44 points 3 days ago (6 children)

So you're saying granny would be fine with a 100% return on her investment at $36 for an offer? No? Shocked I say, shocked.

Granny is part of the problem. Not the biggest part of the pie, but still guilty.

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[–] SonOfAntenora@lemmy.world 46 points 2 days ago (1 children)

If you were any smarter you wpuld inherit the house from your grandma and flip it yourself for big gains

[–] Duamerthrax@lemmy.world 25 points 2 days ago* (last edited 2 days ago) (1 children)

Surprise surprise, you only inherit a bunch of debt because that generation lived by "you can't take it with you".

[–] deranger@sh.itjust.works 19 points 2 days ago* (last edited 2 days ago) (13 children)

As someone who’s dealing with the estate process right now, I don’t think anyone inherits debt. It’s paid out of the estate and nobody else is responsible for those debts.

[–] lightnsfw@reddthat.com 6 points 2 days ago (2 children)

but if theres enough debt the other assets go towards that rather than the inheritors.

[–] doingthestuff@lemy.lol 2 points 1 day ago

Smart and rich people get around inheritance taxes by systematically giving wealth to their families over time while they are still living.

[–] deranger@sh.itjust.works 5 points 1 day ago* (last edited 1 day ago) (6 children)

That’s literally what I just said. Debts are paid out of the estate. The estate assets will always be used to pay off remaining debts before the inheritors get anything.

[–] Dasus@lemmy.world 2 points 1 day ago (25 children)

I'm not sure the whole "debts aren't inherited" part applies everywhere.

Certainly does in my country. Although like in the rare instance there was something you absolutely wanted to inherit, but there was also a mountain of debt, you couldn't decide to inherit without also taking on the debt. Even if that inherited thing was literally worthless and would not yield anything when sold.

Although such an object would probably be able to gifted, but like technically, that's how it'd go.

But here's the bit that actually made me write my comment:

https://youtube.com/shorts/_pkNndF6O_M

Idk how it works where that guy lives, but it's clip from an American standup, talking about inherited debt. Might just be made up, obviously, but according to this article more than half the states still have "filial responsibility" laws.

These laws are holdovers from a time when debtors prisons existed, says McDowell, and are rarely enforced. Their use has faded since the 1965 creation of Medicare — the health coverage program for people 65 and over — and Medicaid, the health coverage program for the poor.

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