rcpt

53 ms·

931.
by rcpt 5y ago
> primary challenges are skill and danger Also money
932.
by rcpt 5y ago
Voat or diaspora are better comparisons
933.
by rcpt 5y ago
Fool me once... shame on... shame on you. You fool me you can't get fooled again!
934.
by rcpt 5y ago
Nothing is produced by buying and selling land. This is different from investment in capital which is created and destroyed.
935.
by rcpt 5y ago
> Housing prices are driven by zoning All the tax cuts that give real estate advantages over other investments have arguably more to do with it. People don't leverage 5x their net worth into a single asset in a single location that
936.
by rcpt 5y ago
Great writing and nice to see people who enjoy their hobbies but jfc this kind of thing shouldn't be allowed on public roads.
937.
by rcpt 5y ago
> they want to create a virus that targets only certain ethnic group Ok that is totally made up. There are plenty of reasons that researchers make dangerous pathogens that have nothing to do with ethnic cleansing. Some of these methods e
938.
by rcpt 5y ago
"my property taxes are set to 1990"
939.
by rcpt 5y ago
Brexit makes this comment more accurate
940.
by rcpt 5y ago
Justice Stevens is the best. He wrote the sole Dissent on Nordlinger v Hahn (a case where we we had a chance to end the nightmare that is Californias Prop 13) referring to long-time California property owners as "Squires" in the p
941.
by rcpt 5y ago
Calculus was the first time in mathematics education where I actually had to understand systems and how to derive results from first principles. Prior to that everything was just memorizing: "this is what logarithm is", "soca
942.
by rcpt 5y ago
It makes perfect sense if you're concerned about the economy https://www.google.com/amp/s/www.nytimes.com/2017/09/06/opin...
943.
by rcpt 5y ago
What reasonable place do people live where the price of lumber has anything to do with housing? California property market is a full on casino. When you buy here all you're getting is a leveraged bet that you'll be able to sell it
944.
by rcpt 5y ago
Bringing up Henry George is easy mode in these threads
945.
by rcpt 5y ago
At the very least don't subsidize the parking lot
946.
by rcpt 5y ago
Seems like existence of an HOA should decrease property values.
947.
by rcpt 5y ago
> Very little of it is actually mechanically demanding. Sekiro though
948.
by rcpt 5y ago
Personally I'm very happy that we don't do international policy and sanctions via direct democracy.
949.
by rcpt 5y ago
Telegram would do ok at 14.4
950.
by rcpt 5y ago
To be honest high oil prices would be a godsend.
951.
by rcpt 5y ago
Retirees and the disabled have the California Tax Postponement Program to protect them from rising taxes. Prop 13 is wholly unnecessary for them. Artists? They can cash out for enormous windfall profits if they can't sell enough art.
952.
by rcpt 5y ago
> wouldn't we likely see property values drop, given the presumed higher taxes in the future? Yes. Prop 13 is priced in to the market. Buyers are willing to bid higher because they expect that tax cut.
953.
by rcpt 5y ago
Low income seniors who hit the real estate jackpot can defer taxes indefinitely. It's called the California Tax Postponement Program and solves exactly the problem you're discussing.
954.
by rcpt 5y ago
Reminder that over half of psychology studies fail reproducibility test https://www.nature.com/articles/nature.2015.18248 https://statmodeling.stat.columbia.edu/2016/03/03/more-on-re...
955.
by rcpt 5y ago
This isn't a difficult situation
956.
by rcpt 5y ago
You get $500k in capital gains waived when you sell your house in California. You don't get that with GameStop stock
957.
by rcpt 5y ago
And on top of that farms get all kinds of tax advantages on top of real estate gets. There's a reason Bill Gates is the nation's biggest farmer.
958.
by rcpt 5y ago
Yes. It'd be great if Gordon Gecko were the boogyman but the fact is that Mom and Pop petite bourgeoisie are the ones responsible for the disaster we're facing.
959.
by rcpt 5y ago
$500k capital gains exemptions I have no idea why. And the mortgage interest deduction flat out should not exist
960.
by rcpt 5y ago
> cheap land and houses just 30-40 minutes away Tell me you're not in California without telling me you're not in California

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