m_ke

67 ms·

1. 541.▲
   by m_ke 5y ago

   Good interview with the author here: https://www.youtube.com/watch?v=Os1cOynbY8M
2. 542.▲
   by m_ke 5y ago

   There's a whole cottage industry of house hackers now thanks to biggerpockets who specialize in BRRRing, as in buying, doing minor renovations, raising rents and then cash out refinancing to have money for the next downpayment.
3. 543.▲
   by m_ke 5y ago

   As long as landlords can use equity to buy up new buildings driving up property values and rents they will continue to do so. It's the same equation as crypto mining, as long as there's a return on investment they will continue to
4. 544.▲
   by m_ke 5y ago

   Make it pass through to the shareholders.
5. 545.▲
   by m_ke 5y ago

   I'd expect this policy to tank the real estate market, causing rents to fall along with it. Since you asked, another idea would be to slap a vacancy tax on top of this.
6. 546.▲
   by m_ke 5y ago

   I don't hold a single share of public stock nor crypto and have never posted on any investing forums. Evergrande could end up tanking the Chinese real estate market and a take bunch of banks down in the process unless the CCP steps in
7. 547.▲
   by m_ke 5y ago

   https://caas.athenahealth.com/knowledge-hub/sites/insight/fi...
8. 548.▲
   by m_ke 5y ago

   Unless you lose your job or are self employed...
9. 549.▲
   by m_ke 5y ago

   We're in an everything bubble that's about to pop. Evergrande is about to take it all down.
10. 550.▲
    by m_ke 5y ago

    Simple solution would be to put a property and sales tax ramp on additional homes. Make landlords who own N homes pay 1.5^N the normal rate.
11. 551.▲
    by m_ke 5y ago

    Because we live in the united corporations of America.
12. 552.▲
    by m_ke 5y ago

    I posted some more comments about this idea here https://news.ycombinator.com/item?id=28577944 Good definition of a DAO here: https://ethereum.org/en/dao/
13. 553.▲
    Ask HN: Would you join an Indie Hacker DAO, if so how should it be structured?

    5 points by m_ke 5y ago|3 comments
14. 554.▲
    by m_ke 5y ago

    Because it can be enforced without being tied to a specific jurisdiction, expensive lawyers and army of accountants. Imagine a company the size of Google/Alphabet organized in a similar way to something like https://dxdao.et
15. 555.▲
    by m_ke 5y ago

    Yeah these days the best business model seems to be out raising the competition and using your cash to let you bleed long enough to gain a monopoly in your market. Sadly this also works in favor of VCs, who get an excuse to raise 10-20x lar
16. 556.▲
    by m_ke 5y ago

    The size of VC funds exploded in the past 3-4 years thanks to SoftBank. Raising 5 mil A round used to be a big deal, these days most seed rounds are around that and it's not hard to see A rounds in the 50mil range. It's much easie
17. 557.▲
    by m_ke 5y ago

    Yeah I'm usually very anti crypto anything but DAOs sound like a promising concept. Might be a great way to get rid of VCs and run international workers coops with initial funding though ICOs. A DAO based startup studio / incubato
18. 558.▲
    by m_ke 5y ago

    At least 2x what it would cost you to have people work on it full time for a year.
19. 559.▲
    by m_ke 5y ago

    We are also bootstrapped and wasted years chasing after a few large contracts like that. Sales process usually ended up taking 6-18 months, integration another 12, customer support some more, new custom feature development 80% of our dev ti
20. 560.▲
    by m_ke 5y ago

    They did an amazing job transferring more wealth to the rich. https://static01.nyt.com/images/2021/07/09/us/covid-fed-qe-p... https://www.nytimes.com/interactive/2021/07&#x
21. 561.▲
    Newsom signs legislation to boost California’s housing supply(gov.ca.gov)

    113 points by m_ke 5y ago|139 comments
22. 562.▲
    Essential but Unprotected: App-Based Food Couriers in New York City(losdeliveristasunidos.org)

    1 points by m_ke 5y ago|0 comments
23. 563.▲
    by m_ke 5y ago

    I'm sure there's a bit of that, I've traveled to SF and Seattle every few years from NYC and both cities looked drastically more depressing each time that I visited. At the same time I haven't really noticed the huge ris
24. 564.▲
    by m_ke 5y ago

    Wait till you see the impact of quantitative easing and the K shaped recovery: https://static01.nyt.com/images/2021/07/09/us/covid-fed-qe-p... https://www.nytimes.com/interactive&#x2
25. 565.▲
    by m_ke 5y ago

    Visualized in one chart: https://ritholtz.com/wp-content/uploads/2018/08/inequality.j...
26. 566.▲
    by m_ke 5y ago

    When we were launching our app 5 years ago all of the App Store optimization experts told us the only way to get discovered was to spend a few 100K on advertising or downloads on launch day to show up on the top 100 chart.
27. 567.▲
    by m_ke 5y ago

    Even with scrapy it's usually best to to crawl and store full html that can be scraped offline. It's too easy to miss something when scraping on the fly or drop data that might be useful in the future.
28. 568.▲
    by m_ke 5y ago

    I hate medium
29. 569.▲
    by m_ke 5y ago

    Yeah I agree with you, all of crypto is 100% a ponzi scheme and it's weird seeing him promote this stuff. I was just saying for the people pushing these coins it's still a very profitable venture. They got the dodge NFT for like 4
30. 570.▲
    by m_ke 5y ago

    I saw him speak like 6-7 years ago and it was pretty clear that he was trolling and didn't take himself seriously.