I would say under-regulation, or more to the point, mal-regulation. Unregulated markets inevitably settle into a worst case scenario given time.
In the case of residential property (which is what your link refers to), I agree that some of the regulations there are bad and need to be revised or eliminated. But they have nothing to do with the commercial space falling into squalor.
My observation has been that any streaming package that includes ESPN is automatically well more than 4 times as expensive as any package without it. Perhaps the cable companies should find a way to dump ESPN and pass along the savings to remain viable.
Yup, and now the Brits seem to be flirting with the same asshole, Farange, who inflicted this on them in the first place. And their NHS is short of staff they used to get from immigrants. I suppose the Brits need to go entirely down the Dumb Ass Well, like the U.S., before they get it out of their system.
If it does become endemic, then no one has any salary to piss off on companies' offerings.
"Trump seems to like crypto - he's opened up the crypto market in the US, and so people are inevitably coming to make some money out of it."
The reason el Bunko did that was so that he could cash in. He doesn't give a flying rat's ass about anyone else. It also has foreign policy implications. Pakistan wanted tariff relief and turned to funding crypto-lobbyists because the knew el Bunko would "appreciate" their support of his scam.
There was an article on the WSJ about a week or so ago that said roughly 60 % (or it might be 40 %, memory fades) of wage earners had money in the stock market in various guises. They have been buying on the dips. That, according to this article, is what has been propping up the market. There is also froth from AI-Mania. I suspect the big boys have been feeding it thinking they are savvy enough to bail in time when it all goes pear shaped.
The small investors have been doing this for quite awhile, and as long as they continue to do this, they continue to be rewarded; at least that is their thinking. They also tend to be a resilient lot because they've weathered downturns and buying into them in the past. I cannot judge what kind stomach they will have if a real gale blows or if the article was weighing their contribution as more than it deserves.
"If there are 1000 stocks in company A that were originally sold for $1 and someone buys one share for $2, the value of the stock is now $2000 even though only $1001 were ever put into the market. "
I hope you aren't an "investment" advisor.
I think they are holding out to sell the buildings at full price.
Never gonna happen. Full price was before 10 years of decay and rodent infestation + neighborhood gone to shit. Nevertheless, high supply, low demand is supposed to result in low prices.
What a nice idea! But then the commons are not only not commons, but they become properties and whatever herdsman gets the biggest herd will buy it all up and you get a monopoly.
One, how so if the agreement is ownership in common. And two, how is it worse than it all being owned by a (land)lord who rakes in the better part of the profit while considering herding animals to be beneath him?
Sounds like you drank the cool aid.
When I was a kid, we were going to run out of oil by the year 2000 and nuclear fusion was only twenty years ago.
Now we have governments telling us we can't burn all the oil we still have because of the dreaded CO2 and fusion is still only twenty years away.
All these forecasts are nonsense.
We reduced our usage of coal by sending our manufacturing jobs to China where they run their factories on... coal.
It's almost like the Chinese bribed our governments to ban coal so the crooks in power could justify sending those manufacturing jobs to China.
I'm just old enough to remember when we were heading into a New Ice Age. Of course, Millennials tell me that never happened, but since I lived through the New Ice Age scare I know it did.
It's all been nonsense all my life. If you check even older newspapers you find "Climate Change" scams going back a hundred years or more. If it's hot, we're going to melt down, if it's cold we're going into a New Ice Age.
Bill Gates no longer cares about "climate change" because AI is the new hotness.
You can't build massive numbers of new power plants if you're banning CO2 because of your last round of scare stories.
I've got all the money I'll ever need if I die by 4 o'clock. -- Henny Youngman