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Joined 9 months ago
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Cake day: October 17th, 2023

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  • bloup@lemmy.sdf.orgtoComic Strips@lemmy.worldXXX
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    4 months ago

    Thanks for being patient with me, and I guess it’s just semantics. But personally, when I hear something like “REITs typically don’t own SFH”, I infer it to mean that such REITs are pretty hard to find or something, not just relatively uncommon. But I understand you now.



  • bloup@lemmy.sdf.orgtoComic Strips@lemmy.worldXXX
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    4 months ago

    From the article:

    Residential REITs can hold virtually any collection of residential rental property, from hundreds of single-family homes to mobile home parks, boutique apartment buildings, or huge multifamily complexes.

    All I am saying: I don’t think it’s right to say “REITs typically own commercial real estate not SFH”. Especially when you consider how many SFHs are getting slurped up by private equity. You don’t think they will sell securities based on these new real estate holdings?



  • In the early days […] we often received a question along the lines of “I love the product and what Proton stands for, but how do I know you will still be around to protect my data 10 years from now?” […] Ten years and 100 million accounts later, we would like to think we have proven the point with our track record, but actually the question is just as relevant today as it was 10 years ago[.] […] Proton was not created to get rich[, …] but rather to address the […] problem of surveillance capitalism. […] Proton has always been about the mission and putting people ahead of profits […] and there is no price at which we would compromise our integrity. Frankly speaking, […] if the goal was to sell for a bunch of money, we could have done that long ago. […] Most businesses are built to be sold — we built Proton to serve the mission.

    My problem is there’s literally ways you can organize a business that makes literally impossible to legally do these things. When businesses say these things, but don’t acknowledge the reality that they could always recharter the business in such a manner where you don’t just have to trust them to behave with no recourse if they don’t, I always have to add “but we still will continue to reserve the right to sell you out but pinky promise we won’t ever do it”