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Joined 1 year ago
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Cake day: August 21st, 2023

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  • Yes, a passive income stream means that I would be able to live off the investments that I worked my ass off for when I was young and healthy. How else does someone ever retire without some sort of passive income stream? Are you saying everyone should have to work until the day they die?

    And yes, I’d have to pay people to maintain the properties I’m renting out, as the law in my state requires. Because I’ll be old and retired and may not be able to do it myself.

    Having passive income and being able to retire is a big part of the American dream for me. I can’t count on Social Security and Medicare to even exist with the way things are going. How else would I retire if I don’t have investments that make money? Property is part of that, stocks that pay dividends are another part of that.

    I guess if you’re so radical that you don’t think any investment should ever have a return to the investor, then your position makes sense.

    Should our entire government and economy be geared towards profiting off investments at the expense of everything else? Definitely not.

    Should people be able to retire on investments that they busted their asses for while they were young and healthy? Absolutely.

    Should corporations be able to invest in residential homes and rent-seek? No, I believe this can be harmful and hurt individuals, but that doesn’t mean that we should try to prevent individuals from investing in real estate.


  • I mostly agree with this. I guess the argument against this is that if all rent-seekers just sold their properties instead of treating them as an income stream, then theoretically there would be more properties on the market and properties would be more affordable for those who want to buy.

    To me, individuals choosing to sell instead of rent-seek would have such a small impact on the market, and those properties would just be bought by corporations that will rent-seek.

    It seems clear to me that if we really want to fix things, we should ban corporations from buying single family homes instead of attacking working class people who are trying to build a passive income stream.



  • The idea that discussing Zionism is a sign of an anti-semite is a shit take. The Zionist movement worked very hard to establish a colony in the middle east, in an area where they knew there were already natives and those natives were hostile to being colonized. It’s impossible to truly study the founding of Israel without learning about the Zionist movement.

    This isn’t about religion, or even very much about race. It’s about the powerful asserting their will over the powerless. To some extent you could argue that the Zionists were used by the British to screw over the Arabs, but that doesn’t make the Zionists innocent.

    Equating discussions of Zionism with anti-Semitism is part of the Israeli propaganda playbook for dismissing all criticism of Israel’s founding.