Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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Costco Plans to Build 800 Prefab Apartments Above Its Newest Store (finance.yahoo.com)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 15 points 9 months ago (3 children)

I feel like this could get twisted to the dark side by let's say Walmart. Live above Walmart, work at Walmart, buy everything you need from Walmart then get cremated there. Probably while on food stamps because they still don't pay enough.

[–] [email protected] 11 points 9 months ago

Yeah, people like Elon Musk are trying to revive the 19th century concept of company towns. Move your employees to the middle of nowhere in Texas, suddenly they're renting your houses, buying stuff from your store and basically never leaving. Quitting/getting fired suddenly involves uprooting your whole family to a completely different state on short notice.

[–] [email protected] 6 points 9 months ago (1 children)

Company's towns ain't a new concept

[–] [email protected] 1 points 9 months ago

Don't I know it. I live in West Virginia. Two of my grandparents lived in a company town.

[–] [email protected] 3 points 9 months ago (1 children)

If all the staff work there, it makes organizing a strike much easier.

[–] [email protected] 7 points 9 months ago

To continue in my dystopian vision, it would also make things like shutting off the heat to the apartments in retaliation easier too.