claydavisss

53 ms·

361.
by claydavisss 8y ago
The US is 95% sprawl is and still almost completely empty in terms of land use. Indeed pouring the concrete of your Coruscant fantasy would be more harmful than just maintaining our existing infrastructure, flawed as it might be.
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by claydavisss 8y ago
What about the "frictions" renters face based on a tax system that inherently rewards home ownership? How about the "friction" renters face by not turning their housing expenditures into a future retirement nest egg?
363.
by claydavisss 8y ago
You do not "lose" when you sell in California, you collect gains and reset your cost basis. No different than collecting gains on a stock and buying another stock. There is nothing requiring you to move into a property with higher
364.
by claydavisss 8y ago
Why is a homeowner "tied" to a property? The only mitigating factors to real estate liquidity are temporary down markets and capital gains disincentives for flipping homes. I know many people that buy and sell homes profitably on
365.
by claydavisss 8y ago
Firefighters and police are doing just fine in California. Indeed, public employee compensation is driving the CalPERs fiasco which is even more dangerous to the state than Prop 13 ever was.
366.
by claydavisss 8y ago
These arguments treat putting a roof over your head as optional. It isn't. You will either spend a variable amount of money on rent that you cannot recover, or a fixed amount on a home purchase that you can recover. People haven't
367.
by claydavisss 8y ago
You should be much more anxious about the risk of losing a great deal of your lifetime earnings (more than enough to buy a house outright) to rent. Some people rent out of necessity; for you that is not the case. Everyone who has purchased
368.
by claydavisss 8y ago
Your "business" losses offset personal trading gains? This is fraud.
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by claydavisss 8y ago
Aren't you at all interested in managing your capital gains exposure? Short term trades tend to play to the advantage of the broker (fees) and tax collector (short term cap gains tax)
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by claydavisss 8y ago
The typical HN reader is firmly entrenched in the establishment or wishes they were. What does a developer making $200k stand to gain by demanding economic justice?
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by claydavisss 8y ago
What you are proposing would require massive taxation in the US and the typical HN reader would be the income range expected to bear the brunt of the costs. The US already taxes corporations to a greater extent that many other G8 nations...
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by claydavisss 8y ago
Implicit in your post is a call for improved social programs, meanwhile the GP already stated he feels he is paying too much of his income in taxes. None of what you cite - affordable education, a better social safety net would directly ben