tmnvix

20 ms·

301.
by tmnvix 2y ago
I have a feeling that those hoping to wait it out in the hopes of a return to low rates might be caught out this time around. The past few decades (coinciding with the property price boom) have been all about ever decreasing interest rates.
302.
by tmnvix 2y ago
Definitely true. Probably also worth considering that during a speculative boom there is a lot more turnover which will increase the proportion of properties sitting empty while they are on the market (not sure how significant this would be
303.
by tmnvix 2y ago
With regard to (1), I would have to agree, though I think this is only the case in the US? For (2), absolutely. Tax advantages play their part (adding to investment demand relative to other investment options). Is it not also the case that
304.
by tmnvix 2y ago
> you see something like 20% more dwellings per person in developed EU countries vs English-speaking countries, which doesn’t feel like no difference at all. I was attempting to highlight the change in numbers for those countries I menti
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by tmnvix 2y ago
> why are building materials and tradespeople also at sky-high prices (in Ireland)? Similar issue in NZ. Cost of building materials was getting extreme. There's an argument to be made that these are linked to profitability of buildi
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by tmnvix 2y ago
It's the difference between 2011 and 2022 that I was highlighting. Unfortunately the document doesn't show changes in vacancy rate.
307.
by tmnvix 2y ago
Yes, any government that was serious about addressing this issue would take measures to decrease the incentives for property investment. Instead in most of the countries I mentioned property investment enjoys benefits that other forms of in
308.
by tmnvix 2y ago
Worth keeping in mind that the typical measure of the home ownership rate is really a measure of the proportion of people living in a home with the owner. So a 25 year old living with parents counts towards and not against this. Likewise an
309.
by tmnvix 2y ago
People intuitively jump to the conclusion that the problem is caused by a lack of building. While more building would help, a lack of it isn't the main cause of this problem. Ask yourself, do Canada, Australia, New Zealand, the US, Bri
310.
by tmnvix 2y ago
This sounds like the distinction between phenomenal and meta consciousness.
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by tmnvix 2y ago
I still recall a tragicomic leafblower event that made the local news when I lived in Australia. A caretaker was killed when a tree fell on him while he was using a leafblower during a storm. The added irony was that he was doing this at &#
312.
by tmnvix 2y ago
> This an undersupply problem. Every time I go looking for statistics to back this argument, I come away underwhelmed. In most cases I see little change in the ratio of dwellings to households over the past few decades. Take a look at th
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by tmnvix 2y ago
> I don’t know what the answer is but Parking Reform, Strong Towns and Not Just Bikes are my north stars on this stuff. Do you have any others? I think you might like this planning talk given in the 90s. One of my favourite videos on you
314.
by tmnvix 2y ago
I wouldn't put too much stock in this measure. For NZ I checked the score for 2014(104) vs 2024(68). That just does not seem right.
315.
by tmnvix 2y ago
I find the history of furniture really interesting. Not just the changing styles, but also our relationship with it. As I understand it, it wasn't that long ago that a new homeowner would essentially go out and purchase a full set of f
316.
by tmnvix 2y ago
Love the inclusion of a link with thorough sourcing for the video: https://sites.google.com/view/sources-smoking/
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by tmnvix 2y ago
This needs much more emphasis. Essentially we have a system where those with assets have access to cheap money and use it to gain control of more assets. This is the dark side of capitalism that has nothing to do with productivity. It'
318.
by tmnvix 2y ago
> When can we admit something bigger is at play here? The market is being manipulated on a grand scale. What we have is a global asset price inflation issue caused by cheap money. Works well for those with collateral but hits those witho
319.
by tmnvix 2y ago
> It simply does not respond to the market, which is to say, to the level of demand. > So you end up with stories like this. You seem very sure that rent control is the cause of the lack of available housing. Can you be so sure when t
320.
by tmnvix 2y ago
First they came for the decoration, then they came for the colour.
321.
by tmnvix 2y ago
> I have owned an EV... it costs more both to buy and to fuel How is this possible (the cost of charging vs purchasing fuel for an ICE vehicle)?
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by tmnvix 3y ago
I think they compliment each other. Someone who has read about the history of a place before visiting is likely to get much more out of it than someone who just visits and admires the sites. For example having knowledge of Roman roads and b
323.
by tmnvix 3y ago
As a kid, when I asked an uncle why he was always reading, he said "we read to know we are not alone". I don't know if he was quoting someone else, but I took it to mean that there are things that we think privately and don&#
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by tmnvix 3y ago
The whole debate around the existence of free will seems almost tautological to me. I've heard it said that the concept doesn't even exist in many cultures and that its importance in western culture can be largely attributed to th
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by tmnvix 3y ago
I have a great appreciation for public libraries. I consider them to be one of the best examples of a public institution. They provide much more than just information. Everyone has the same access and privileges. They are just about the onl
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by tmnvix 3y ago
I enjoy the somewhat irreverent takes. They seem appropriate when directed at the often entirely inappropriate use of some modern frontend frameworks. I've worked with some newish developers that know of no other way than to bring in a
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by tmnvix 3y ago
Because usually when people talk of an accommodation crisis they are referring to a shortage of homes available to be used as a primary residence. It makes sense to consider holiday homes and such as contributing to this problem. Just ask a
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by tmnvix 3y ago
Thanks. So with a population of 340m, 15m vacant properties, and an average household size of 2.5 we have 15,000,000/(340,000,000/2.5)= 0.11, or a possible vacancy rate of 11%. That seems like a lot.
329.
by tmnvix 3y ago
Your links don't measure underutilised and vacant property (e.g. AirBnBs and second homes, or land banked properties). From the links: The homeowner vacancy rate is the proportion of the homeowner inventory that is vacant for sale.
330.
by tmnvix 3y ago
This doesn't seem right. If I use clippers to trim hair on my body, it grows back to its 'natural' length. I don't end up with hair of various lengths. Likewise, if I shave it, I don't end up with some stubble and s

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