cheriot

46 ms·

601.
by cheriot 5y ago
"Hey, we've economically oppressed minorities and made our neighborhood too expensive for them. Not racist!" No, our nation's history guarantees that economic segregation is racial segregation. These laws were literally
602.
by cheriot 5y ago
There are developers that specialize in building and "developers" that specialize in buying land, getting the approvals, and selling it off to someone that actually builds it.
603.
by cheriot 5y ago
Most residential zoned land is single family house exclusive. Allow development there and there's no need to knock down low income housing or sprawl over green space. But that's not the choice municipalities make. The municipal fi
604.
by cheriot 5y ago
It takes a certain motivation look at modern segregation and say, "but my aesthetic."
605.
by cheriot 5y ago
People will talk about "protecting property values", but I'm going to claim that's not the underlying motivation. 1. The history is easy, these rules were created originally to maintain racial segregation. The Color of L
606.
by cheriot 5y ago
America has been doing that for the last 75 years. New data is not required. 1. Municipality sets minimum lot size and maximum density rules so living in the "nice" neighborhood requires buying more land than you actually need. Or
607.
by cheriot 5y ago
All of the strategic situations with instant runoff seem to require more detail on the outcome than anyone can predict in practice. So I’m not sure this will ever actually be a thing for voters think about.
608.
by cheriot 5y ago
> it's very possible that none of your rankings matter and have no influence on the outcome if you don't pick one of the top two candidates as your first choice. I'm not sure what you're describing. As long as one of
609.
by cheriot 5y ago
Someone sufficiently wealthy can push off taxes until they die and their heirs can use the step up basis[1] to avoid them entirely. There's also a huge advantage in the ability to choose when one wants to pay taxes even if they eventua
610.
by cheriot 5y ago
A middle ground might be public tax info for the richest 100 people. Most of them are verifying their wealth for Forbes and Bloomberg rich lists anyway.
611.
by cheriot 5y ago
The difference is what secures the loan: - credit card: nothing - mortgage: the house - car loan: the car One could make rules about loans secured by assets with unrealized gains (with an exemption for a primary residence). PS Credit card r
612.
by cheriot 5y ago
> The website alleges That's an unfortunately dismissive way to refer to ProPublica. They're more accomplished than most news rooms: https://en.wikipedia.org/wiki/ProPublica#Awards
613.
by cheriot 5y ago
> $950 seems extremely high as the threshold for punishment Prop 47 made this the threshold for a Felony. Misdemeanor shoplifting can still be up to 6 months in prison. In practice it's not, but that's something to take up with
614.
by cheriot 5y ago
Except Charles Koch, David Koch, Sheldon Anderson, Peter Thiel... and all the rest? Both parties had prominent billionaires in the last presidential election so I think it's safe to say this is pervasive.
615.
by cheriot 5y ago
I'm less familiar with NYC land use than the other two. However if commute times and rents* are both rising that's a sign there's a problem. Transit and housing need to keep up with the growth in offices. * specifically the s
616.
by cheriot 5y ago
The article highlights some silver linings, but the net effect is profoundly negative. The refusal of 3 American cities to grow has made us all substantially poorer (New York, San Jose, and San Francisco): https://www.econlib.org
617.
by cheriot 5y ago
In addition to selecting for people with related backgrounds, the goal is not mastery; it's getting to the point that they can learn on the job.
618.
by cheriot 5y ago
Well, if you want to ruin their investment then issue building permits for more of them. > They cast these huge shadows and block views Talk about first world problems. Expecting a city skyline to never change is ridiculous. The only pro
619.
by cheriot 5y ago
I really good one I heard: Harriet Tubman was born into slavery when Thomas Jefferson was alive and died when Ronald Reagan was alive. The American experiment is still young.
620.
by cheriot 5y ago
Sitting empty it's hemorrhaging cash, which isn't a great quality for investors.
621.
by cheriot 5y ago
Until someone else applies for credit with your identity.
622.
by cheriot 5y ago
> The systemic problem is that investors are buying up residential property inventory Are you assuming that it's somehow sensible to buy property and leave it empty? Owner vs rental doesn't change the number of homes available.
623.
by cheriot 6y ago
As always, it depends. A quality SaaS provider is going to have more expertise in their niche. They'll have more advanced functionality that can be turned on quickly (SSO for that big new partner). > Your outage is within your contr
624.
by cheriot 6y ago
Keep in mind the alternative is that you are ironing out the kinks of a homegrown login system. The big thing in my mind is the ability to migrate away from a SaaS.
625.
by cheriot 6y ago
There's similar libraries for python[1], golang[2], rust[3]. Drawing on the terminal isn't that resource intensive so I'd stay in whatever ecosystem I have a reason to be in. 1. https://github.com/willmcgugan
626.
by cheriot 6y ago
Zoom out farther. Markets regularly take major hits and then recover, but someone only invested in local markets in 1914 France or Venezuela today is starting from scratch. OP was talking about the events that leave people with nothing. Tho
627.
by cheriot 6y ago
The events OP is talking about are not normal market fluctuations: > wars, bankruptcies, currency devaluations, revolutions, government confiscations, hyperinflationary periods, and other economic cataclysms Those are primarily political
628.
by cheriot 6y ago
It's not a cataclysm when markets recover in 6 months. OP is talking about getting wiped out.
629.
by cheriot 6y ago
When was the last time a single cataclysm affected every financial market at the same time? We have a greater ability to diversify now than anyone did 100 years ago.
630.
by cheriot 6y ago
I've not seen a context where people where strict about saying compound interest is exclusive to interest payments. Reinvested dividends and reinvested earnings also compound.

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