Remix.run Logo
newsomix9xl 15 hours ago

During the dot com days rich tech yuppies were accused of "driving up rents".

But I'm pretty sure rich tech bros didn't bid up rents. They simply could absorb the high rents set by profiteering landlords.

The real culprit was "systematic underproduction" of housing: special interests and politicians colluding to prevent a free market in housing.

It seems the "data center" is the new tech bro being accused of "driving up prices". But what about environmentalists who gutted nuclear and coal production? What about poorly conceived solar or geothermal production. Why do we not have more competition in energy?

I'm pretty sure data centers didn't guide energy policies and if they did they'd want cheap electricity too.

The tech bro and data center bad guy are red herrings to distract from bad public policy.