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fossilesqueM to Science MemesEnglish · 1 year ago

Hermit Crab Housing Market

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Hermit Crab Housing Market

fossilesqueM to Science MemesEnglish · 1 year ago
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  • OpenStars@discuss.online
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    1 year ago

    B-b-b-b-b-b-b-b-but tHiNk Of AlL tHe LoSt ShArEhOlDeR vAlUe ThO!?

    • Asafum@feddit.nl
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      1 year ago

      Seriously though, if crabs used currency this would never happen. There would be one crab with all the shells and the other crabs would have to bring food offerings or whatever their currency would be in order to get one.

      • the_post_of_tom_joad@hexbear.net
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        deleted by creator

        • Asafum@feddit.nl
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          1 year ago

          The US would use its navy to protect the wealthy crabs “important commerce lanes” lol

      • ooterness@lemmy.world
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        1 year ago

        There’s a Souls-like video game with this premise.

      • Ð Greıt Þu̇mpkin@lemm.ee
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        1 year ago

        Mr. Krabs

    • MarcomachtKuchen@feddit.org
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      1 year ago

      Shellholder value

    • frunch@lemmy.world
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      1 year ago

      🪙🦀📈

      • AFallingAnvil@lemmy.ca
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        1 year ago

        Crab coin, a crusto currency

        • Noodle07@lemmy.world
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          1 year ago

          Even crypto achieved carcinisation

          • AFallingAnvil@lemmy.ca
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            1 year ago

            Web 3.0? More like Wet 3.0 amiright people?!

    • BlanketsWithSmallpox@lemmy.world
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      1 year ago

      Surprisingly they don’t have that much of the market.

      https://www.fastcompany.com/91002153/how-much-of-the-housing-market-does-wall-street-really-own-heres-what-the-data-says

      • OpenStars@discuss.online
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        1 year ago

        I counted the word “institutional” used almost once per sentence. There were a couple of sentences that didn’t use it, but there was at least one sentence that used it twice. Plus all the figures and captions for them too.

        Though despite being not “institutional”, the market seems to have behaved a little as if it were, due to use of software to fix prices at what the landlords believed that the market would bear. So still price gouging, regardless of whether done by individuals or giant mega-corporations.

        Though still a good point that the article makes.

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