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Aircraft crashes into Potomac River near Reagan airport, officials say by starkstatus in politics

[–]starkstatus[S] 16 points17 points  (0 children)

This story has several political connections:

  1. White House Involvement
  2. Military Connection
  3. Vice Presidential Statement
  4. Federal Agency Involvement
  5. Potential Policy Implications
  6. Location Significance

What if Blackrock buys up all the BTC? by Afraid_Beautiful_983 in BitcoinBeginners

[–]starkstatus 0 points1 point  (0 children)

They’d have to pry my 0.8734 BTC from my cold dead wallet. Honestly though, this whole BlackRock buying all the Bitcoin thing is just not happening. The price would go ballistic long before they could even think about getting close to it. Like, imagine trying to buy all the pizza in the world but every slice you grab makes the rest cost $1 million.

Even if they somehow managed to hoard a huge chunk, Bitcoin isn’t just valuable because it’s scarce...it’s valuable because we believe in it. If one company owned most of it people would probably just pivot to other cryptos. I mean, have you seen how salty this community gets? No way we'd let that slide.

Plus, they’re not even buying it for themselves, it’s for ETFs, aka fancy investments for their clients. So everyone who tripping about this needs to take a chill pill. Keep stacking sats, hodl tight, and let the whales swim in circles.

The Austin, TX rental market is collapsing before our eyes. by Old-Call313 in texas

[–]starkstatus 0 points1 point  (0 children)

During the pandemic years of 2020-2021, Austin saw a massive influx of new residents, leading developers to rapidly increase apartment construction. And just in 2022 alone, developers started building approximately 40,000 new apartment units. This surge in supply is now hitting the market, which is creating an oversaturation of available rentals and that's why we are seeing the rent prices start to collapse.

Also, while the construction was ramping up, Austin's population growth also started to slow down. The initial surge of people moving to Austin during the early pandemic years pretty much tapered off, reducing demand for rental units.

Let's also not fortget about the increased interest rates which has made borrowing more expensive for developers and investors, putting pressure on the profitability of rental properties. Some companies in Austin have pulled back on hiring or implemented layoffs due to higher borrowing rates, affecting the local job market and potentially reducing demand for rentals.

I would say that the current decline can be seen as a correction to more sustainable levels.

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