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wnc3141
searching PlanetScale…
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271.
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wnc3141
3y ago
eh I think he just wants to go vertical, as his current moat is unstable.
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wnc3141
3y ago
Important to note is that rentiership, by definition, is a non productive use of capital. (A housing unit does not produce anything, as other deployments of capital do)
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wnc3141
3y ago
Essentially yeah, it suppresses the crowding out effect of homes rented out which otherwise crowds out first time home buyers in terms of price and access to capital. Also by making each marginal investment property more costly, instances o
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wnc3141
3y ago
Ultimately there has been a substantial shift from the wealth made from income opposed to returns on capital. This is just an illustration of that. I think this chart explains much of the disfunction in multiple arenas of American life. h
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wnc3141
3y ago
we absolutely need to progressively tax property by number of properties owned. As you own more of a scarce asset, margins on rents are driven toward zero. An aside, I often see worry of corporate ownership of property. While of course this
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wnc3141
3y ago
We may nitpick at which process gives more equitable chances of admission to Dartmouth. But ultimately we are still saddled with the absurd notion (and very real prospect) that a ticket to the middle class depends on winning very costly deg
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wnc3141
3y ago
My folks keep talking about Costa Rica (as many retirees may have), but never committed.
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wnc3141
3y ago
Although paychecks seem to go less far today, America currently the strongest economy globally, with somewhat affordable housing compared to much of the developed world (although some have us beat). Also its easy to forget the pathway in li
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wnc3141
3y ago
And unless you build and certify your own runway, there are few places in the world where you could store it for free.
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wnc3141
3y ago
eventually the cost benefit of insurance will change as thefts increase. Otherwise couldn't trains have better locks?
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wnc3141
3y ago
My rule of thumb looking at any problem has evolved to: it it's one person, blame them. If it's happening to swaths of the population, scrutinize the system they operate in. Mistakes can only be treated entirely as such if most ot
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wnc3141
3y ago
I have a theory that anything that takes permanent, visible-realestate in the household has someone of a niche for people wanting tastefully designed things. In essence, things that do not appear "disposable" as so many kitchen ap
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wnc3141
3y ago
I personally don't think its bad if firms just find excuses to keep people on payroll, regardless of the strategic significance.
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wnc3141
3y ago
Its an inevitability. As large companies focus on profitability of existing business lines, small companies entertaining risk will discover new markets. High growth in new markets (with fewer competing startups, easier hiring, and instituti
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wnc3141
3y ago
I think its going to be a "revenues were up while costs were down - so we will continue this trajectory until it breaks" strategy.
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wnc3141
3y ago
Also worth highlighting the deep research involved in each episode and Dubner's ability to scope out different points of views from credible people.
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wnc3141
3y ago
I think this all boils down to steering all economic policy toward increasing the labor share of income.
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wnc3141
3y ago
That Marc Andreesen quote is something. Mostly a deranged word salad that reads like some techno-flavored religion. I fundamentally feel like this is what happens when exceptionally lucky people view themselves as genius - exposing themselv
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wnc3141
3y ago
Hard to pinpoint a year. It's nearly impossible to figure the economic conditions in 2027 and determine if demand for new cars will be high or if there will be heavy (and high profile) investment in charging infrastructure.
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wnc3141
3y ago
this is a fantastic description
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wnc3141
3y ago
My takeaway is that: matters are complicated! Is there any well known precedent for this type of structure?
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wnc3141
3y ago
would crypto investors or optimists consider the recent legal woes in the space to be a much needed clearing out of bad actors or a sign of falling confidence in crypto?
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wnc3141
3y ago
Doesn't a non profit board (or any firm) not have an (strictly legal) obligation to investors? https://hbr.org/2010/04/the-myth-of-shareholder-capitalism
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wnc3141
3y ago
What will be the dilution in value of Microsoft's stake if Altman has funding for a competitor?
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wnc3141
3y ago
which I think is fine, consumers will have a transparent and readily available price figure with which they can make a choice
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wnc3141
3y ago
Non competes are illegal in California (if there is no sale of equity in excess of assets involved).
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wnc3141
3y ago
In this context I agree, - I read it as him lamenting the intelligence of those who participate in, and perpetuate the conditions of the Drepression (and global economic collapse) in addition to the tendency to descend into mass violence (a
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wnc3141
3y ago
Housing, not unlike other assets classes have expectations baked into the price at purchase. However those expectations are not entitlements to future outcomes, unless you also purchased the rights to the variables at hand. (Ex: the only wa
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wnc3141
3y ago
Somewhat by design. Many proposals to connect the countries have been made but there is very little interest in completing. 1) indigenous communities don't want it, 2) sensitive environment 3) mostly it's a natural border control,
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wnc3141
3y ago
I would imagine theres a body of research on this. But I would be surprised if Air BNB didn't put downward pressure on hotel prices - as more supply creates greater competition. I'm thinking of the "southwest effect" whe
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