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PTM’s investment thesis is identifying neighborhoods where the population is growing and housing is in short supply. We then strive to build accessible rental housing that is attainable for at least 65 percent of the population living within a 1-mile radius. This is a strategy that transcends OZs and makes investing in the current economic landscap
... See moreZoning is losing its power. New ventures are able to reach a meaningful scale before regulators (and competitors) react. The boundaries between different uses are blurring, with people lodging in apartment buildings, living in hotels, working in restaurants and retail malls, and sleeping or socializing at the office.
Dror Poleg • Dror’s Substack | Substack


A short-lived capital stock will manifest in accelerated depreciation and a fragile capital structure will incur an undue interest charge.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism

That all urban development has been locked into path dependency on an economic concern now millennia out-of-date is surely a cause of unimaginable waste and inefficiency.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
Entrepreneur Phil Levin on the importance of neighborhoods:
"You are going to spend 1000x more time in your surrounding 5 blocks than you will in any other neighborhood in your city. Thinking about all the things that New York City has—or the next city has—is a lot less important than thinking about the things within the five blocks where you live.
M... See more
"You are going to spend 1000x more time in your surrounding 5 blocks than you will in any other neighborhood in your city. Thinking about all the things that New York City has—or the next city has—is a lot less important than thinking about the things within the five blocks where you live.
M... See more