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Joined 1 year ago
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Cake day: September 29th, 2023

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  • Landlords take on risk. For example, when I rented an apartment, I came home one day to a plumbing disaster. I called emergency maintenance and left. The landlord fixed it and paid for my hotel in the meantime. As a home owner now, that would be entirely on me to figure out. I’m pretty handy, but I have no disrespect for someone who doesn’t want to be responsible for that.

    More importantly, selling a house costs about 10% of the value of the house, and the first few years of a mortgage you’re mostly paying interest. If you move every 3 years, it’s actually cheaper to rent than to buy. It’s just that your money is going to a landlord instead of to banks and realtors.

    So while I see your argument that landlords don’t “deserve” the money they make, practically they’re an important part of the housing market, and I respect people who make an informed decision to rent.


  • eclectic_electron@sh.itjust.workstomemes@lemmy.worldFunds
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    1 year ago

    But the stadium will bring so much economic benefit to the city! Well get at least 4 new fast food restaurants hiring only minimum wage workers, and a small boost in hotel revenue!

    Transit won’t bring any return on investment. Only poor people use transit and they don’t have any money. And if someone who has a car does use transit that’s hurting the economy! Think of the poor gas station owners and car dealers!

    /S /S /S /S /S



  • It kinda does do that, just indirectly. Even if the university can’t profit directly off of athletics, a successful sports season increases application rates and donations. Basically it boosts the brand recognition and brand identity of the school.

    It’s still painful to me that the class size at my engineering school basically doubled the year after the university won some basketball championship. I don’t want to believe that people, and especially engineers, are that influence-able but the numbers don’t lie


  • Athletics is actually petty profitable, since athletes can’t be paid, so the school gets all the money for sponsorships, tickets, merch, etc.

    It can actually be a problem for the schools, since athletics isn’t allowed to be profitable. They have to spend all the money athletics brings in on athletics, which is why the athletics department ends up with all the fancy new buildings.


  • Because they like having money? Running a university is legitimately very expensive and there’s always more to do. I think it’s more common with people who went to business school or became pro athletes, etc. They end up with very profitable careers and a fond recollection of their time in college. It’s worth it to the university to ask almost everyone just in case, because sometimes they find that one whale alum.