verteu

5 ms·

31.
by verteu 5mo ago
One way to avoid the tax is to rent out the residence: https://comptroller.nyc.gov/reports/the-pied-a-terre-tax-and... It's interesting that people choose to leave their properties vacant - They're effectivel
32.
by verteu 5mo ago
Many places like this in the Rust Belt or Appalachia: https://en.wikipedia.org/wiki/Decline_of_Detroit https://en.wikipedia.org/wiki/Lists_of_ghost_towns_in_the_Un...
33.
by verteu 5mo ago
No, it's about as "controversial" as claiming lead exposure is bad for children's brains. Do we have RCTs for that? Or might we reasonably shape our priors from the hundreds of studies using a dozen different causal meth
34.
by verteu 5mo ago
Neat, thanks for sharing! I suppose drones are the most likely explanation?
35.
by verteu 5mo ago
Yeah, stock valuations seem pretty high, eg: https://www.multpl.com/shiller-pe , https://www.currentmarketvaluation.com/models/buffett-indica... , https://www.multpl.com/s-p-500-earning
36.
by verteu 5mo ago
Probably markets expect the situation to be resolved soon. You can check the term structure of oil to confirm: https://www.cmegroup.com/markets/energy/crude-oil/light-swee... Equities are (in theory) priced o
37.
by verteu 5mo ago
Yes - very roughly, they find that regions with lots of layoffs show an increase in subsequent cognitive decline: https://www.nber.org/system/files/working_papers/w35117/w351... https://en.wik
38.
by verteu 5mo ago
> Labor-saving devices are rarely that — instead labor is shifted, from one department to another, from the body to the brain, or standards are raised — when laundry is done by a machine, its operator must ensure that all clothing is bri
39.
by verteu 6mo ago
> I cannot accurately base those decisions on a methodology that assumes a cost of zero ("no direct schooling costs"). The study measures benefit of education. If you wish to determine whether cost>benefit, join it with rese
40.
by verteu 6mo ago
That's not the academic consensus. It's a non-peer-reviewed working paper that contradicts the academic consensus. The authors are clear about this: "The standard view of housing markets holds that differences in the flexibil
41.
by verteu 6mo ago
Relevant metric is "New housing units per 1k existing" which is quite low in Manhattan. For some examples, go https://constructioncoverage.com/research/cities-investing-m... , look at metros that authorized m
42.
by verteu 6mo ago
No, this is a false belief known as supply skepticism: https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=supp...
43.
by verteu 6mo ago
> What were we reacting to with Iraq "The primary rationale for the invasion centered around false claims that Iraq possessed weapons of mass destruction (WMDs) and that Saddam Hussein was supporting al-Qaeda. The 9/11 Commiss
44.
by verteu 6mo ago
The best comparison is probably "overall tax burden": https://taxfoundation.org/data/all/state/tax-burden-by-state... When you include all taxes (eg property tax), there's surprisingly little v
45.
by verteu 6mo ago
Several of the studies described changes in hormones before the child was born.
46.
by verteu 6mo ago
They did not "flip cause and effect on its head" - There is strong evidence for positive causal returns to education: https://www.sciencedirect.com/science/article/pii/S073805932...
47.
by verteu 6mo ago
> We find strong evidence of partial shifting of the burden of income tax from worker to employer. Although income tax is incident on equilibrium wages, the tax burden is not fully shifted Debunking your claim: > While in practice
48.
by verteu 6mo ago
Right, the tax is partially borne by employers (who raise gross wages), and partially by workers (who receive lower net wages). Debunking your claim: > While in practice employers know exactly for how little money (in hand) you are willi
49.
by verteu 6mo ago
The poster is referring to https://en.wikipedia.org/wiki/Tax_incidence
50.
by verteu 6mo ago
No, that's not what the evidence shows, eg: https://www.sciencedirect.com/science/article/abs/pii/S00472... > Gruber is able to identify incidence on gross earnings as well as on employment by ex
51.
by verteu 6mo ago
> What's the ev for going to college once you factor in graduation rates? Very positive (IRR ~9%). It's been studied extensively: https://openknowledge.worldbank.org/server/api/core/bitstrea...
52.
by verteu 6mo ago
What does the evidence say? AFAICT, meta-analyses tend to find a positive effect of tech in education: https://www.sciencedirect.com/science/article/abs/pii/S03601... https://i.imgur.com/
53.
by verteu 6mo ago
> Don't post generated comments or AI-edited comments. HN is for conversation between humans. https://news.ycombinator.com/newsguidelines.html#generated
54.
by verteu 7mo ago
The graph is a lot less scary than the headline, even mentally adjusting for the 20% increase in Jan+Feb 2026: https://substackcdn.com/image/fetch/$s_!yKXS!,f_auto,q_auto:...
55.
by verteu 7mo ago
"crime was actually worse when his dad was a cop" implies crime rate is going down
56.
by verteu 7mo ago
Because for-profit healthcare and higher ed have shown poor outcomes empirically?
57.
by verteu 7mo ago
No, plenty of indices use a "repeat-rent" methodology (comparing only prices changes across the same unit) to address the problem you describe. They show Austin rents going down, eg Zillow's Observed Rent Index: https:/
58.
by verteu 7mo ago
It's a pg comment explaining "middlebrow dismissal." Why not look at the primary source evidence yourself? > It has come to ISW’s attention that an unauthorized and unapproved edit to the interactive map of Russia’s invasi
59.
by verteu 7mo ago
> if I could find a single instance of someone willing to vouch or share insight on having filled out a BLS survey, that'd cure a healthy chunk of skepticism It comes from the Census bureau, a letter like this: https://ol
60.
by verteu 7mo ago
Because businesses and hedge funds pay for it, eg: https://usa.visa.com/partner-with-us/visa-consulting-analyti...

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