kindatrue

13 ms·

91.
by kindatrue 8y ago
Not mentioned: In America, owning a home is considered the most important investment you can make. Who would've thought that mindset would lead to unaffordable housing! Or parents telling their children that they won't be able to
92.
by kindatrue 8y ago
>you have to contend with people playing grab-ass all over the office ??? Do you work at Sterling Cooper Draper?
93.
by kindatrue 8y ago
This is a great time to call out California and its Prop 13 (1978) where property taxes are capped at 1%ish and can grow no more than 2% from time of purchase. As a result, a new homeowner in Silicon Valley ($1.5M median home price) will pa
94.
by kindatrue 8y ago
>1.2% annual in my region What is the denominator? Is it the current market price? The price you paid originally? Something else?
95.
by kindatrue 8y ago
Voters (who generally skew towards homeowners) unsurprisingly hate more housing. It's like half the tweets on https://twitter.com/nextdoorsv Also, in California, building more housing is a net negative for city finance
96.
by kindatrue 8y ago
Err... you may want to visit some more US cities. Eating and drinking out is definitely cheaper in Chicago, San Diego, Boston. Heck, lunch is cheaper in many parts of Manhattan than Soma. In fact, it has to be that way given the housing&#x2
97.
by kindatrue 9y ago
You'll understand why this is once you watch this 36 second video clip of a guy shouting he will devote his life to stopping 900 homes from being built where an abandoned K-Mart and Circuit City now lay - and how he will succeed just l
98.
by kindatrue 9y ago
"Let's build a new shiny station" (that would make everyone walk even further to transfer to the subways to get them to work) - tons of interest! tons of excitement! "Let's rebuild 2 tunnels. And maybe build 2 more.
99.
by kindatrue 9y ago
But that's the problem - people are excited about building a new station on top. But people aren't excited about rebuilding the 2 highly damaged tunnels underneath the river (or build some new ones). Stuff like that is hard to sel
100.
by kindatrue 9y ago
You should probably know that amongst the voting class of the SF Bay Area, "Manhattan" is a four letter word.
101.
by kindatrue 9y ago
The median home price to median income ratio in San Francisco is 10.8x. In San Jose it is 7.8x. Nationally, it is 3.8x (5.8x in NYC metro). http://www.burbed.com/wp-content/uploads/2017/09/SFvNational...
102.
by kindatrue 9y ago
In b-school Profit=Revenue-Expense was drilled in over and over again. It's so obvious. But until you realllllly sit down and internalize it... then you can be at peace with the shitty service of Comcast, etc. In other words: Don'
103.
by kindatrue 9y ago
Guy Kawasaki once had a post that states the reason why, but in a different angle - it's a post basically on why Silicon Valley is successful: >> https://guykawasaki.com/how_to_kick_sil/ High housing prices.
104.
by kindatrue 9y ago
Kinda sorta. A consequence of the redlining era in Banking (e.g. https://en.wikipedia.org/wiki/Redlining ), banks are not supposed to micro-geographically target their advertising. (So... blocking Florida is find '
105.
by kindatrue 9y ago
>I haven't heard him repeat it since. If the dude can afford to hire a $120K/year nanny to teach his kids Mandarin, he can afford to hire a guy to remind him to never repeat that.