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by drchickensalad 454 days ago
Yeah that's a really good analysis.

It feels emotionally true because when I buy many terabytes of high quality SSD, I have no preference to "keep the valuation" of my SSD investment, I just want more faster for cheaper! If the price goes down tomorrow and my friend gets in for less than I just paid, it's not screwing me over. In fact I'm probably buying more on the future so I love the increased supply!

This is not true at all for housing lol. As someone who bought Manhattan real estate, I can feel the shitty incentives every day, and it's really destructive of a system.