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Titanium Rain
laowhy86
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Comments by "Titanium Rain" (@ChucksSEADnDEAD) on "China Just Built 1 Billion Empty Houses for Nobody" video.
@@liamanderson9104 the "market" making the decisions is not the buyer. It's the zoning laws and lobbies in city councils. The "market" would make less profits if the buyer got exactly what it wanted, because demand would decrease. A true free market would step on a lot of toes.
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They wouldn't go to those complexes. A ghost city has no pedestrians to ask for change or stores to get cheap food from. It's just concrete shelter. A bunch of homeless in a ghost city would not survive.
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@williamcrossan9333 Empty bedrooms seems like a really dodgy statistic. That would include guest bedrooms, kids' bedrooms after they grow up and move out of the parents' houses, and rural/country homes that stay vacant for most of the year and really can't be counted for housing because they're located where there's no jobs.
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@T0tenkampf Mini storage is really profitable. Cheap to build and maintain, and the recurring cost model brings in a lot of money as it's another subscription that people won't notice until they have to start thinking about cutting costs. People will pay for storage for years, they maybe have to think about saving money, and they'll end up throwing away or selling the stuff they were paying to keep.
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The US housing market catastrophe was caused by a political drive to make more Americans homeowners as a way to improve the economy, and banks "outsmarted" the system by packaging risky loans as mortgage backed securities with AAA rating. The American housing market was indeed safe until the US govt. forced riskier loans to be issued and banks decided to make lemonade out of lemons. There wasn't a bet to lose. It was fraud, pure and simple.
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But it isn't. Homelessness is easily solved among those who want to be housed. Most long term homelessness is related to drugs and mental illness. Buying a home doesn't solve homelessness. Putting a homeless person in a concrete building won't magically make him able to sober up and keep a job.
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@Manic.miner2077 It is a very real issue. But the reintegration to society is at the high 90 percentual points.
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The rotor would be stopped with some kind of braking system, and if the blades have adjustable angle of attack they could be set to minimize forces. Letting them spin at overspeed could ruin the bearings or possibly lead to blade structure damage.
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