> Other than the mega corps, noone is benefitting from this privacy enhancement. Just more work to adapt.
One time I was talking to a real estate agent, shortly after some of the post-'08-meltdown regulations had gone into effect. She said something like:
"It makes it so appraisers can't fudge the numbers a little higher to make sure people get their loans, now. Which I know wasn't what they intended, but it's what they've done, and it's hurting people."
She thought one of the things the regulation was definitely supposed to do, entirely on purpose, was some accident, and that this thing happening before that was not OK and was, over many iterations, partially responsible for the housing bubble happening in the first place, was in fact fine. She was totally unable to grasp that this behavior was bad and that the regulation was supposed to stop it, and that that was definitely a good thing—but it was making it harder for her and her banker(!) husband to close deals and sell loans, that is, to make money, so surely it can't actually be a good idea and overall beneficial to lots and lots of people.
One time I was talking to a real estate agent, shortly after some of the post-'08-meltdown regulations had gone into effect. She said something like:
"It makes it so appraisers can't fudge the numbers a little higher to make sure people get their loans, now. Which I know wasn't what they intended, but it's what they've done, and it's hurting people."
She thought one of the things the regulation was definitely supposed to do, entirely on purpose, was some accident, and that this thing happening before that was not OK and was, over many iterations, partially responsible for the housing bubble happening in the first place, was in fact fine. She was totally unable to grasp that this behavior was bad and that the regulation was supposed to stop it, and that that was definitely a good thing—but it was making it harder for her and her banker(!) husband to close deals and sell loans, that is, to make money, so surely it can't actually be a good idea and overall beneficial to lots and lots of people.