Quote:
Originally Posted by lio45
I never said they shouldn't pick on me. From a "greater good" point of view, the rules by which I've been (successfully) playing are quite bad, but they are what they are.
I'm the first one to admit that it's ridiculous, and that changing the rules would be smart, even though the current rules benefit me so I'm not complaining. I wouldn't go as far as MonkeyRonin in labeling it completely unethical though...
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Of course you realize that I couldn't live with myself if I passed up on that opportunity to jab you in the ribs...
Seriously, though, you and all other honest developers/business investors are just doing the best you can playing by the rules that are set forth for you. My opinion has always been if you have the smarts and the capital available, then you have every right to make a lot of money if you're playing by the rules. It's how our country has worked for a long time, and frankly what keeps the economy running.
If supply/demand means that your assets are suddenly worth more, then you are just benefiting by the market, and since it's your business, you can sell or develop, or whatever you need to do to keep your business rolling along.
Back to Granny - if she just wants to live in the house that she's been in for 40 years, its sudden increase in value is of no advantage to her. Just like if supply/demand fluctuations suddenly cut the value in half, she would notice nothing but perhaps a small decrease in property taxes, etc, whereas it could be devastating for your business (provided you didn't have a plan to deal with it).
So I'm not sure why it's a legit idea that we should harass Granny and kick her out of her house. There are others (the masters of the grand ponzi scheme, for example) who perhaps should be kicked out, but this horse is dead from all the kicking.