4 ms·
if it's still true, one reason for high-variance NYers to relocate to FL was that under FL bankruptcy laws, personal homes were exempt — which used to mean that
by 082349872349872 2y ago
if it's still true, one reason for high-variance NYers to relocate to FL was that under FL bankruptcy laws, personal homes were exempt — which used to mean that buying something fancy in FL and domiciling there was a way to "lock in" gains for those who suspected their random walks might also hit an absorbing barrier at "zero"...
- gsf_emergency 2y agoIn the 1960s already, the culture premium for all ranks (not sure about the property insurance) was famously lower in Miyamifla than in Haarlem? https://en.wikipedia.org/wiki/Midnight_Cowboy https://en.wikipedia.org/wiki/Midnight_Cowboy
- 082349872349872 2y agoSalt meets Bourdieu: <bangs hood> "Hey, I'm classifiyin' here..." > My father's out of Harvard, my brother's out of Yale / Well, the guy I took home last night just got out of jail —JAB