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What's P1, that you charge me more for parking on some street? Man, I'll just park on the next street over when I go to mow somebody's lawn (because most of the

What's P1, that you charge me more for parking on some street? Man, I'll just park on the next street over when I go to mow somebody's lawn (because most of the time I just use public transport). I commute in from 3 hours away, I promise you I won't even notice this little unfairness amidst all the larger arbitrariness that influences my life. [Disclaimer: first person just as a rhetorical device. Author is privileged.] This sort of arbitrage is fundamentally something you can only do to the middle class or rich, people who are sheltered enough to know convenience. In addition, the richer the people you target, the more likely your scheme is to pay off. This is not the sort of thing to hope for volume with.

kbenson 9y ago
> What's P1 That property held in common between a group of people be sold to a third party without their knowledge or consent, possibly because of a tax bill they were not aware of. > This sort of arbitrage is fundamentally something you can only do to the middle class or rich, people who are sheltered enough to know convenience. In addition, the richer the people you target, the more likely your scheme is to pay off. This is not the sort of thing to hope for volume with. I disagree. Poor people sometimes own land that has high market value, but they value their neighborhood more. See gentrification. My neighborhood has a park that our HOA fees go towards. If I was to learn at some point that our HOA mismanaged funds so badly that the park was sold to a private party and someone decided to develop some portion of it into residential or commercial real estate, I would be pissed, and I think I would have reason. It would be a real loss to me, as my family uses the park regularly. What's more, it's a public park, so even though my neighborhood pays for the upkeep, anyone can use it. My neighborhood is new, and isn't poor, but I could easily see something similar playing our in an older neighborhood here (which is not SF), where some interesting property ownership was done during development.

kbenson 9y ago

> What's P1 That property held in common between a group of people be sold to a third party without their knowledge or consent, possibly because of a tax bill they were not aware of. > This sort of arbitrage is fundamentally something you can only do to the middle class or rich, people who are sheltered enough to know convenience. In addition, the richer the people you target, the more likely your scheme is to pay off. This is not the sort of thing to hope for volume with. I disagree. Poor people sometimes own land that has high market value, but they value their neighborhood more. See gentrification. My neighborhood has a park that our HOA fees go towards. If I was to learn at some point that our HOA mismanaged funds so badly that the park was sold to a private party and someone decided to develop some portion of it into residential or commercial real estate, I would be pissed, and I think I would have reason. It would be a real loss to me, as my family uses the park regularly. What's more, it's a public park, so even though my neighborhood pays for the upkeep, anyone can use it. My neighborhood is new, and isn't poor, but I could easily see something similar playing our in an older neighborhood here (which is not SF), where some interesting property ownership was done during development.