What’s worse about this Jacobin take on housing: the woeful lack of fact checking or the smug attempt to blame you for noticing?
Posted by doctorarmstrong
What’s worse about this Jacobin take on housing: the woeful lack of fact checking or the smug attempt to blame you for noticing?
Posted by doctorarmstrong
9 Comments
Jacobin “journalism”
That’s fucking embarrassing
“Who cares if Im wrong it feels right to people” is literally what JD Vance used to justify the bullshit in Springfield
Garbage people.
>most people understand intuitively that private equity affects the way the world works in a bad way
Most people couldn’t spell “private equity” properly let alone understand how it works and come to a conclusion about its impact on the world, *let alone* how private equity interacts with real estate markets
Blackstone is the third largest institutional investor in US single family housing = Blackstone owns a third of all US housing stock 🤪
The smug attempt to blame someone for noticing is worse.
People make mistakes sometimes. I won’t drop a source over one error if they admit it and retract the statement. I can’t work with people who don’t believe in facts. Acting on reality requires contact with reality.
Why would anyone bolster their arguments with facts driven by hard data when they can just spout whatever makes them feel good.
It’s like ‘they’re eating dogs.’
It’s ‘directionally accurate’ (aka: I agree with the conclusions this supposed fact would ‘naturally’ lead to), so it doesn’t matter if it’s true.
Truthiness, my generation called it
This is a good time to mention how obnoxious this manner of post is
“sorry king you’re so right i’ll commit sudoku for besmirching the good name of Blackstone”
He looks closer to 40 than 20 yet sounds like an edgy teenager thinking he’s so cool for talking nonsense back to the teacher.
The truth is just inconvenient to the left because the truth shows they are just as propaganda captured and such as the MAGA movement. EVERYONE I know irl believes the blackrock stuff about owning 1/3rd of housing. No proof, no reasoning, they just believe it