Private equity buyers absolutely are contributing to housing prices skyrocketing. The percentage of their effect is up for debate, but as someone who bought a home in the last few years, I was fighting big investors that were making cash offers left and right on every house I tried to get.
Meat production is one of the largest green house gas emitters, but data centers aren’t helping either. BOTH can be a problem. It’s and AND statement, not an OR.
Which is why I said that these things aren’t mutually exclusive. Diet adjustments to reduce or eliminate meat consumption is one of MANY global warming things that we should be doing. Not allowing data centers to fire up 20-40+ unregulated natural gas turbines is another. Promoting public transit in all cities is another.
It’s not an easy solution that you can just point a single finger at, but you can point at several big ones.
Private equity buyers absolutely are contributing to housing prices skyrocketing. The percentage of their effect is up for debate, but as someone who bought a home in the last few years, I was fighting big investors that were making cash offers left and right on every house I tried to get.
Meat production is one of the largest green house gas emitters, but data centers aren’t helping either. BOTH can be a problem. It’s and AND statement, not an OR.
People point to these two things because they want an easy solution and don’t want to adjust their own behaviors.
If you deleted every data center and banned private equity in real-estate we’d still be in the exact same position.
Which is why I said that these things aren’t mutually exclusive. Diet adjustments to reduce or eliminate meat consumption is one of MANY global warming things that we should be doing. Not allowing data centers to fire up 20-40+ unregulated natural gas turbines is another. Promoting public transit in all cities is another.
It’s not an easy solution that you can just point a single finger at, but you can point at several big ones.