Vitalik Buterin on Warpcast

Vitalik Buterin pfp

Vitalik Buterin

The voters banned banning banning banning charging too high rent. (To be clear I'm in favor of this, the best way to keep rent low is buidl buidl buidl)

32 replies

366 recasts

1648 reactions

shazow pfp

How do you solve for predictability/stability? If you buy a home, you lock in your costs for 5-30 years, why don't renters deserve some of that stability too so they can make longer term plans and set roots in their neighbourhood?

2 replies

6 recasts

34 reactions

J. Valeska 🦊🎩🫂 pfp

J. Valeska 🦊🎩🫂

(To be clear I'm in favor of this, the best way to keep rent low is buidl buidl buidl) - I think this is not true when applied to finite space and resources liike capital and land. Something different when you have 2^256 slots, theoretically endless, then buidl, buidl, buidl.. :) allocating extra capital on buildings would lead to superproduction crisis while not solving renting costs.. why? vulture funds (and banks) will retire other buildings of the market to decrease the supply, increasing prices.. while all these new buildings will end empty.. this is what happened and is happening in spain.. after the called "crisis of the brick", we have enough empty buildings.. and, we have a problem with touristic renting, this is more profitable and it is decreasing the supply for neighbors with medium/lower incomes.. so, renting control is necessary at some point to control this.. or we are going to have to live in other city to allow tourists 3 months in the year (not in my city, tho, here is cold, so cheap)

1 reply

1 recast

15 reactions

Icetoad 🎩 🍕 🎶 🐈 💚 pfp

Icetoad 🎩 🍕 🎶 🐈 💚

That's such a convoluted way to frame the issue. I bet a ton of people were confused and voted the wrong way.

1 reply

1 recast

16 reactions

tldr (tim reilly) pfp

tldr (tim reilly)

Need LSAT training to vote

0 reply

0 recast

5 reactions

Darryl Yeo 🛠️ pfp

Darryl Yeo 🛠️

0 reply

0 recast

1 reaction

schorn.eth 🎩 pfp

schorn.eth 🎩

Next: ban quadruple negatives.

0 reply

0 recast

5 reactions

Nick Rishwain pfp

And CA has made it impossible to build. It is overly burdensome and too costly for builders to make a profit. In regards to the phrasing of these propositions, they are intentionally written to be confusing. 33 was a proposition to increase rent control statewide.

0 reply

0 recast

2 reactions

frederick pfp

this is very interesting to me. i'm not sure where this is, but i would have thought that the people renting would have voted to pass this. perhaps there's not a lot of renters or not a lot of renters that vote. i would also think that the landlord would want some stability as well. having properties site vacant while people move and then the cleanup time would likely offset any potential gain in many circumstances.

0 reply

0 recast

2 reactions

MrZefirium pfp

0 reply

0 recast

1 reaction

Lord AGNUcius pfp

Imagine an OS allowing a few processes (landlords) to own more space than they need (more than 1 home) so they may *rent* that space to processes that own less space than they need. Rent is 0 (actually UNDEFINED) when homes are owner occupied. If we ban the ownership of more than one home (see Blackrock for an extreme case) until all processes have enough space, rent will mostly disappear.

0 reply

0 recast

1 reaction

Basedup pfp

Lower the gas fees you jeet

0 reply

0 recast

1 reaction

neozaru pfp

And then they say that Blockchain powered online voting wouldn't work because nobody would understand it xD

0 reply

0 recast

1 reaction

hydro-acqua pfp

Lvl2. “thinking” ‘no’.

0 reply

0 recast

1 reaction

Charlie Feng pfp

+1 on building. People tend to forget that the more we build, the cheaper to build. Should be a positive loop (tho I can appreciate the 2nd order) What changes do you think would drive the biggest impact on accelerating this? More gov like zoning incentives or external initiatives like pop up city/communities?

0 reply

0 recast

0 reaction

3M4444 pfp

0 reply

0 recast

0 reaction

Viacheslav pfp

Hello letalik!)))

0 reply

0 recast

0 reaction

Planted pfp

0 reply

0 recast

0 reaction

Patrick Atwater pfp

Patrick Atwater

Clearly we need more negations

0 reply

0 recast

0 reaction

Adam Stallard pfp

@adamstallard.eth

Community land trusts are a better idea than rent controls. Keep some livable properties under partial common ownership. You can "own" them while you live there, but you can't make a profit when you sell. They return to the trust to ensure they stay affordable (if that's the goal of the CLT).

0 reply

0 recast

0 reaction