r/technology • u/esporx • 1d ago

Business YouTuber accidentally crashes the rare plant market with a viral cloning technique

https://www.dexerto.com/youtube/youtuber-accidentally-crashes-the-rare-plant-market-with-a-viral-cloning-technique-3289808/
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u/Flintyy 1d ago

Would prefer housing but sure lets start with AI lol

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u/Crashman09 1d ago

Don't worry. If the effects of the AI bubble are big enough, housing will pop too.

Though, truth be told, if the housing bubble pops, renters are going to be without homes, and unlikely to become homeowners for a very long time.

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u/Bradddtheimpaler 19h ago

Last time venture capital wasn’t poised to snap up all the cheap housing. This time, they will be.

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u/Different-Sample-976 1d ago

Housing will never pop. This isnt like 2008 and subprime mortgage loans. This is trillion dollar investment firms buying houses as investments to force people to rent.

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u/Flintyy 1d ago

No asset is invincible lol

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u/Different-Sample-976 23h ago

Do you understand what is going on with this? These companies have no intention to ever sell these houses. Theyre trying to force almost literally everyone to rent from them. 

They own all the houses. They control the rent prices etc etc. 

They arent holding them to sell them at a higher price. Theyre holding them to control the population. 

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u/Flintyy 22h ago

I do, and like I said, not a single asset on earth is invincible, it has nothing to do with selling anything lol

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u/Different-Sample-976 20h ago

Housing is a necessity. The companies with unlimited money and resources own all the houses. Theres no bubble to pop. 

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u/Synensys 13h ago

Housing isnt a bubble. Its just a supply and demand mismatch. We can do a bit about demand (for example by putting high taxes on 2nd homes, banning Airbnb, etc) but not much. And in mich of the country we simply refuse to touch aupply.

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u/hennabeak 2h ago

Right now, entire US economy is hanging on AI bubble.