reply on: "Housing prices are not high by any historical standard"

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21 sats \ 7 replies \ @SimpleStacker 10h \ parent \ on: "Housing prices are not high by any historical standard" - evoskuil econ

Haha, that's why I said "I don't know who Voskuil" is... because I was wondering if he's an economist. A lot of economists love being massive contrarian dickheads.

17 sats \ 6 replies \ @optimism 9h

He's the current main dev of libbitcoin and author of Cryptoeconomics Fundamental Principles of Bitcoin.

He's definitely contrarian.

100 sats \ 3 replies \ @SimpleStacker 9h

Cool... I can respect his contributions to bitcoin, but he's wrong on housing.

If his main point was that "life is actually better for young people now, stop complaining", I wouldn't disagree... though there'd be some nuance to add.

(Basically, I think young people are less happy, but it's in many ways self inflicted... and not correctable by moar material goods.)

129 sats \ 2 replies \ @optimism 8h

"life is actually better for young people now, stop complaining"

That's kind of how I read him.

I think young people are less happy

Hyperbolically, I'd ask: but isn't that because if you grow up having everything, and the only thing you do (all damn day) is measure your life to that of a celeb on tiktok, you will not be easily satisfied?

110 sats \ 1 reply \ @SimpleStacker 8h

Social media comparison game, overly high expectations, lack of purpose and identity, lack of in-person interaction, culture that promotes consumerism without telos, you name it

30 sats \ 0 replies \ @optimism 8h

I guess we're aligned on that one.

100 sats \ 1 reply \ @justin_shocknet 9h

Also a Top-Gun fighter pilot, sold a policy engine to Microsoft years before Bitcoin was a thing... adversarial thinker, such thinking tends to rub sheep the wrong way.

17 sats \ 0 replies \ @optimism 9h

Yes. I appreciate his takes.