Sublime
An inspiration engine for ideas
Sent a real estate deal to a major NY investor this week.. 100 miles from their NY home
Response: At this time we are only investing in Red states. We are no longer putting money into NY given the obnoxious political landscape and culture.
Yikes
Aleksey Chernobelskiyx.comThis is no longer about capitalism. It’s threatening our quality of life
If the builders refuse to build then create a stimulus for them to
They won’t though because they’re afraid prices will drop. The banks don’t want it either because lower prices WRECK their balance sheets
QE Infinityx.comOne of the unusual things abt managing high-end apartments in LA:
We routinely rent to tenants in their 30s w 750+ credit scores & $200k+ incomes, people who would 100% own homes in other cities.
The more home prices run, the more of these tenants we’ll have.
Moses Kaganx.com...dramatically rethinking what homeownership can look like and most likely divorcing the concepts of house as residence and house as savings account.
% Derisible • Theses for 2020
Trends get very favorable and then everyone wants to retire on them through speculation. China is the greatest bubble I have ever seen, as its government has driven its economy for decades solely through massive overbuilding.
Harry S. Dent Jr. • The Demographic Cliff
“People only buy NFTs in the expectation some greater fools will buy it from them at a higher price.”
“Oh yeah? Now do stocks. Or real estate.”
Sar Haribhaktix.comWith Paris being such a desirable place to live, rising housing prices are here to stay. As I learned in San Francisco, if I was going to remain in Paris, the best assurance of staying for the long term was to own a place of my own.
David Lebovitz • L'Appart: The Delights and Disasters of Making My Paris Home
There’s a neighborhood in Austin full of nice houses, but it’s not actually in the city. It’s in the county, so it has no zoning. A self storage facility bought a plot of empty land and started building. They attempted to block it with lawsuits but they failed and now there is a giant self-storage facility surrounded by what used to be $1mm homes. ... See more
molson 🧠⚙️x.comFuture of Housing
sari and • 87 cards