IkmoIkmo

14 ms·

61.
by IkmoIkmo 5y ago
This is one of those terribly myopic and symbolic policies that the Netherlands (despite generally one of the best governed countries in the world) keeps falling for. Studies have shown over and over again that investors aren't causing
62.
by IkmoIkmo 5y ago
Not sure why the amen is applicable to Dutch cities. I'll take the local perspective from Amsterdam as an example, but it applies more broadly to the other cities as well here. Regarding point 1: There's no real issues with long-t
63.
by IkmoIkmo 5y ago
Ridiculous how? I don't think you addressed anything in my post. e.g. the notion that simplifying 'VAPA' to 'Arts Department' improves communication, and particularly to certain groups of people who aren't bein
64.
by IkmoIkmo 5y ago
It's not that, it's the fact it's an acronym that only certain groups are familiar with. Calling it Visual and Performance Arts is fine, because everyone understands what it means. Calling it VAPA is inferior communication, b
65.
by IkmoIkmo 5y ago
I don't really see the big issue with Latinx... it seems to me an easy and correct way to refer to latinos and latinas, without saying both, or one or the other, or bringing in gender. Just like we don't have Asianas and Asianos,
66.
by IkmoIkmo 5y ago
yes
67.
by IkmoIkmo 5y ago
I grew up in social housing in Western Europe, my family had zero net worth but did live in cheap subsidised rentals, with an extra rental subsidy. My classmates lived in million-dollar homes a 10 minutes away. Obviously there were differen
68.
by IkmoIkmo 5y ago
Indeed, in addition the central banks don't just charge negative rates, they also allow borrowing at negative rates (-1%) via the TLTRO which means banks are making money borrowing from the ECB, they currently receive more money from
69.
by IkmoIkmo 5y ago
What are you referring to? If anything I know the Netherlands as having a comparatively few forms of wealth tax compared to other countries, the main wealth tax is mostly based on 'one form' that is completely undifferentiated (i.
70.
by IkmoIkmo 5y ago
If you look at it in terms of purchasing power rather than on a nominal level, we've been there many times. Honestly some commenters in the Netherlands were surprised over the past six months that people suddenly took action when their
71.
by IkmoIkmo 5y ago
In a world with ubiquitous housing, there is no need for social housing, because that which is ubiquitous (oxygen) is affordable. In a world with scarcity, social housing protects the poor against unaffordability. That's commendable. H
72.
by IkmoIkmo 5y ago
There's a shortage of bread. What's the solution? > More bread baking. Higher bread taxes. Limit bread prices while the effects of all these magical new baking companies flocking to lower prices and higher taxes kick in. Also,
73.
by IkmoIkmo 5y ago
Indeed, and vacancy numbers are to be expected. Go to any source for rental investments and you'll typically see vacancy rate assumptions of 4% to 8%, because tenants leave and placing a new tenant can take some time. If you plot that
74.
by IkmoIkmo 5y ago
I always found that system super interesting! What would the equivalent rent have been for the place you live in for free (with 90k deposit)? In nominal terms the S&P500 would do 10% a year or so on average. Over the past decade it&#x27
75.
by IkmoIkmo 5y ago
I don't experience this as an issue as much. Take the Macbook Air, launched in 2008 at $1800 for the entry-level model. Personal income has risen (nominal terms) by 65% since then [0]. As a portion of our income the entry level macbook
76.
by IkmoIkmo 5y ago
And yet professional boxers regularly gas after 5 rounds of 3 minutes... Now add equipment, particularly armour. Or look up a Judo match, particularly during tournaments. You can see these guys are often wrecked after a particularly long ma
77.
by IkmoIkmo 5y ago
But that's public housing, owned by the state, governed by a democratic vote. The theoretical chance that the state will abuse its monopoly position to squeeze renters is extremely remote, and in fact the opposite of the going practice
78.
by IkmoIkmo 5y ago
You've not addressed my point. The idea is not to tax, it's to have a progressive tax. i.e., the more units you own, the more limitations or taxes you pay. That doesn't work if investment firms can invest in individual entiti
79.
by IkmoIkmo 5y ago
> Whether used for constant speed, acceleration only or pedal assist, what's the point of an E-Bike that's deadweight after less than an hour? I'd like to see some data on power usage for different percentages of user-assi
80.
by IkmoIkmo 5y ago
I think it's hardly enforceable in a world where real estate can be owned by legal entities, which can be set-up on paper in seconds. Besides, in a free market it should not matter to prices whether I own two properties, or me and my b
81.
by IkmoIkmo 5y ago
Not really.. Japan ranks among the top 10-15 countries in terms of cars per capita.
82.
by IkmoIkmo 5y ago
There was a small rent price drop during Covid in some hot property markets that were popular as being the country's cultural / tourist capital (e.g. New York or Amsterdam). When the lockdowns it's hard to sell a $200 a night
83.
by IkmoIkmo 5y ago
Oh man, I can't stand it. It's almost a parody at this point, and indeed the Atlantic is the absolute worst. Nowadays I typically scroll the first second for the scroll-bar to pop-up, I then assess whether it's short or long-
84.
by IkmoIkmo 5y ago
Not sure about that either. e.g. housing: https://awealthofcommonsense.com/2021/03/what-if-housing-pri...
85.
by IkmoIkmo 5y ago
Your mortgage. https://awealthofcommonsense.com/2021/03/what-if-housing-pri...
86.
by IkmoIkmo 5y ago
Why? In a country with mostly variable rate interest rates like NZ, and at most 5y fixed loans, that's disastrous. But in markets like the US where you can fix your payments for 30 years, driving your purchasing decision by the afforda
87.
by IkmoIkmo 5y ago
I like the definition you mentioned as well. The problem is that it's very hard to get good data on it. The first link certainly doesn't do a good job of anything, I immediately see it has the common problem of looking at prices r
88.
by IkmoIkmo 5y ago
That's simply not true, in nominal terms income has increased quite substantially. In real terms they haven't climbed much, but then you're comparing a home price increase to an income that's already been adjusted for pr
89.
by IkmoIkmo 5y ago
Not sure about that in general, although it can differ for each state and could apply in your state. In general, US tax income from property taxes has not risen, in fact it's slightly come down as a percentage of income. That means tha
90.
by IkmoIkmo 5y ago
This is pretty damn hard to do. Any legal entity owning land could split it into multiple entities, who're avoiding the progressive tax. There'll probably be a million loopholes for that. Changing zoning is politically difficult,

More ›