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by roopawl 1163 days ago
Another commenter mentions the 'moral flexibility' of Uber. From the featured photo this appears to be another attribute of the diaspora. The business model of Arrived is frankly disgusting.

I highly recommend "Poverty, By America" if you'd like the background for my comment.

https://www.amazon.com/Poverty-America-Matthew-Desmond/dp/05...
1 comments
guynamedloren 1163 days ago
> The business model of Arrived is frankly disgusting.

Interested in learning more about this. Tagged the book for a future read, but in the meantime, can you enlighten us on the business model of Arrived?

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subpixel 1163 days ago
When all the single family residential homes are owned by investors, more people are forced into long term rental life who might traditionally be prepared to buy. But the investor speculation drives prices well beyond what working and some middle class earners can afford.

Rents increase bc a return has to be made, and there is no escape. The poor stay poor. The rich get richer.

Disgusting is a matter of opinion but it does seem a zero sun game with a lot of losers.

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circles_for-day 1163 days ago
It pushes up housing prices and decreases supply for low income people and transfers that wealth to already well off people.

As long as the wealthy can keep housing out of reach they can influence the distort the entire market and charge as much as they like. This is why housing is such a ‘good investment’. It’s reverse Robin Hood.

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