shaburn

39 ms·

511.
by shaburn 4y ago
Says the side typically on the losing side of the law and complaining to their activist friends in journalism.
512.
by shaburn 4y ago
aka I want to use guilt, envy, and the legal system to extract value from your legal property.
513.
by shaburn 4y ago
Yes. This is the counter argument. No strawman here.
514.
by shaburn 4y ago
You left out morality attacks and disregarding decades of legal contracts and legislation that created the value they often want to pillage.
515.
by shaburn 4y ago
Guess where the epicenter of the inventory build up is folks. Unfortunately for some, real estate is bound by reality. https://www.bloomberg.com/news/articles/2022-08-09/homes-for... https://www.bl
516.
by shaburn 4y ago
Not enough by the likes of some
517.
by shaburn 4y ago
"Most residents who showed up to Thursday evening’s meeting opposed the move, citing concerns about gentrification, property values and quality of life."
518.
NIMBY No More: Gainesville, Florida, Moves to End Single-Family Zoning(bloomberg.com)
21 points by shaburn 4y ago|48 comments
519.
Redfin CEO on the Cooling Housing Market(youtube.com)
2 points by shaburn 4y ago|0 comments
520.
by shaburn 4y ago
Yet this crazy capitalist rent system allows people from anywhere in the world to come rub shoulders with their billionaire neighbors of 1/999,999th the investment and possibly make immense fortunes while changing the world, while both
521.
by shaburn 4y ago
Looks like the YC v A16Z feud is really heating up.
522.
by shaburn 4y ago
Atherton home values per Redfin in June(so when average levered payment costs were about 35% less, RTO was still imminent, and tech layoffs were just budding)... - Median sales price -4% - # of homes sold -36% year over year Valuations are
523.
by shaburn 4y ago
The mathematic improbability of 1% of US communities with "any economic opportunity" reaching an average home price of $3mm in the next few decades is <1% without a total collapse of the dollar, thus likely any economic opportu
524.
by shaburn 4y ago
" in which most people think that the government should step in " ! Really? Proof? Housing is affordable; just not the housing you'd like. Food is inflating but starvation in the US is rare. Considering California's hou
525.
by shaburn 4y ago
Payments have spiked 50%+ in about the missing time period thanks to rate raises. And that 1.5 times average about in line to well below the delta in money printing average in the same time period. The story here is NIMBYism, California Rea
526.
by shaburn 4y ago
You have cherrypicked the time period making your point without showing the 2020 spike driven by Covid has been zeroed out most and oblivious to the point the knife is still falling fast. Random Spot check on a single family home in highly
527.
by shaburn 4y ago
"developer would likely seek offices with rents much lower than $55/SF" we can easily see some at $25-35/SF given ~25%+ a yielding $0/SF. Depress the building costs as well. Too many models hung up on the pandemic a
528.
by shaburn 4y ago
It sells the rest of the community
529.
by shaburn 4y ago
Noted and refuted.
530.
by shaburn 4y ago
Additionally, Moody's, not exactly the guys you want to stand on for downside real estate projections. Commercial real estate in SF is in its worst straights yet. Let's see how all these numbers average out after valuations contin
531.
by shaburn 4y ago
"However, natural light throughout is essential for dwellings, so apartment depths tend to max out around 40-50 ft. Much of the office building may be rendered unusable (or of very low value)" sounds like that problem is actually
532.
by shaburn 4y ago
"some" was the keyword missed. For your second point, I bet you know your managers or investors somewhat personally though. I bet there are some kind heuristic kinships.
533.
by shaburn 4y ago
Conflating NIMBY'ism and homelessness is self defeating if you actually want people sleeping in rooms with beds and keys; in California. Call the right Marc(Benioff). He can house the majority of the SF homeless population in the open
534.
by shaburn 4y ago
"Not easily reusable" What does this even mean? Will settle for even a rough rounded up ballpark conversion cost that we can break down on a square foot basis.
535.
by shaburn 4y ago
"going fine" vs "Despite uproar, few seek to use California’s new housing-density law. What’s stopping them?"..."In San Francisco, 14 property owners have applied to build SB9 projects" https://www.s
536.
by shaburn 4y ago
If it happens in again next month, maybe it will. May arguments stem around letting communities make their own decisions and abiding by the laws, as silly and antiquated and biased as they maybe, make their own decisions. I am heavily pro-b
537.
by shaburn 4y ago
Horrible cherry picking. Take the average family income in the city and go from there. Also, there is an exceptional dirth of supply relative to the transactions as a result of rapid fed rate increases; with real estate always being a slow
538.
by shaburn 4y ago
This all screams building shortage to...? "Downtown Oakland’s vacancy reaches 32%" https://therealdeal.com/sanfrancisco/2022/07/27/downtown-oak...
539.
by shaburn 4y ago
"Now, a new report released by the city's(San Francisco) budget and legislative analyst estimates that there are more than 40,000 units sitting vacant." https://abc7news.com/san-francisco-vacancy-tax-apartment
540.
by shaburn 4y ago
"Bay Area home prices see largest May-to-June drop on record" https://www.mercurynews.com/2022/07/26/bay-area-home-prices-...

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