It's crazy (sad) how much we are all starting to have to rely on the EU to save us from the BS.
Sorry, should have been more clear. I meant at the federal level. I get that they are somewhat limited in their abilities, but again, everything they have done thus far has _only _made it worse.
Raising rates will lower prices to some extent. So it should help somewhat. The issue is that's it's a very very blunt instrument. It just happens to be one of the only tools the BoC has to use. Ideally the feds would have stepped in at some poi t in the last 15 years to stop this madness...
I mean yeah. Once other "financial assets" become more attractive (bonds at 5.5%?) maybe less parasitical activity will happen in the housing market. The whole thing started going off the rails when rates dropped to essentially nothing.
If you think current home owners have it bad, imagine anyone trying to get in the market now. Not only are mortgages 3X the price, but the houses are 2X the price they were before. The entire thing is completely unsustainable, and yet the Feds have done fuck all. Well no, actually they have made it worse every single step of the way (see the first time home buyers savings account for the latest idiotic idea).
It's at the point where it's clear no single measure will solve this issue. What is absolutely infuriating is that NOTHING is being done. Actually scratch that, they are actively making things worse with crap like the "First Home Savings Account".
Why not ban anything past a primary home? It's like at a wedding where everyone gets to eat first before going for seconds.
I guess it's a political non-starter given the number of people who own more than one home...
Honestly surprised there isn't more. There's a lot of money that would be lost if the fediverse became more mainstream.
Just keep kicking the can down the road until there's literally no other option...
Obvious a very low level study, but as someone with tinnitus any progress in their area is exciting!
I see no way they aren't a competitor. Meta is a company. Companies exists to make money. Meta makes money by driving engagement and then monitizing via ads or user data sale for others to target ads.
Like are we all supposed to pretend a company, Meta of all companies, is an altruistic entity? Because that's not how it works... At all.
Remove corporations from social networks.
The sooner we realize corporate control of social media was a massive mistake, the better the world will be. Imagine if corporate social media algos that drive engagement through ragebaiting hadn't existed for the last 10 years...
I would argue we also don't want to be in a place where we rely on any one individual. Thankfully @ernest seems to understand that as well.
This would honestly improve the quality of life for so many people.
Do we know if there have been any releases since the influx of users? Or are they just focusing on backend stuff still?
There's still a lot of long hanging fruit *COUGHcollapsingthreads that would be great to have addressed sooner rather than later.