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Cake day: June 23rd, 2024

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  • ECB@feddit.orgtoMicroblog Memes@lemmy.worldLine go up
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    5 days ago

    (Most) stocks represent partial ownership (read: control) of a company and most of their value is derived from that.

    For an extreme example: if the stock price were to drop below the amount of money that could be made by just selling off all of the assets, then someone would (in principle) just buy all the shares, sell the assets and make a profit.

    Each share represents a small bit of control over the company and their assets.











  • I recently moved to Vienna and don’t qualify for the public housing (you need to have lived here for a certain amount of time)but the sheer amount of it (and relative quality) means that even in the private market, competition is much less.

    Compared to other cities we have lived in, the rent is much lower and the quality much higher.

    Something like 60% of the population lives in either public or subsidized housing!




  • In the UK a similar scheme just led to the entry-level segment of the real-estate market inflating faster than the rest.

    It also led to a rise in more ‘luxury’ entry-level properties being built.

    Again, it’s not exactly the same concept, but in the case of the UK, most economists agree that most buyers actually would have been better off if the policy had never been introduced, since the price rises ended up outpacing the value of the assistance.