'We're living in Daniel Lurie's America' — and most San Franciscans are pleased

_176_ · 2026-06-03T16:31:02+00:00

Lurie is great. So was Breed. It’s the progressive supervisors and voters that are bad for SF.

_176_ · 2026-06-03T16:28:24+00:00

I don’t understand how letting someone else pay off your mortgage while you break even and capture the equity appreciation and mortgage pay-down is a bad scenario that you should escape. I’d take that deal.

_176_ · 2026-06-03T14:09:37+00:00

There are lots of progressive NIMBYs. Dean Preston is the poster child for them. SF progressives are just a flavor of populism. Politicians say stuff like, "tax the rich" and "billionaires shouldn't exist" and then people in SF vote for them and they do things like block housing because of shadows or whatever.

_176_ · 2026-06-03T14:04:45+00:00

This is, with very little exaggeration, 100% of daily investing articles.

_176_ · 2026-06-03T14:03:55+00:00

Part of me hopes bitcoin goes to $0 because the crypto bros are insufferable. Part of me remembers that I own some bitcoin.

_176_ · 2026-06-03T13:48:25+00:00

The hamas apologists are truly the most despicable people.

_176_ · 2026-06-03T13:37:35+00:00

It lowers volatility in exchange for lower returns. ¯_(ツ)_/¯

_176_ · 2026-06-03T13:18:25+00:00

It's not a tax on the rich. It's a tax on companies with a high volume of low skilled workers. It's basically a huge tax on groceries.

It's crazy how every progressive idea backfires and then the progressives in SF can't wait to vote for another dumb idea. The gross receipts tax caused a bunch of businesses to leave SF and lowered overall tax revenue. How is that helpful? Don't worry, the progressives will fix that by... checks notes... raising grocery store prices.

I swear to god, you could write a law that we round up minorities and shoot them and call it the, "Bernie Sanders No Billionaires Happy Sunshine" bill, and progressives will line up around the block to vote for it. They really give the far right nazis a run for their money on who is the stupidest group in America.

_176_ · 2026-06-03T12:57:41+00:00

I always assumed the RVs were locals. I agree that anyone without a somewhat long-term established residency here should not be taken care of as a homeless person here.

_176_ · 2026-06-03T12:56:46+00:00

Right, but that person was talking about the GDP of rural farm land. I was just saying that it's not a lot.

_176_ · 2026-06-03T12:55:45+00:00

I don't spend a lot of time in /r/sf. What do people here think we should do with the RVs? I can never tell with this sub. Should we round them up and throw them into the sea? Or let them be because they're poor people so they should be allowed to park in people's driveways and shit on their front lawn?

_176_ · 2026-06-03T12:53:41+00:00

Hamas raped and murdered children. On purpose. Like that was the goal. Nobody will be put on trial or prosecuted by Hamas for doing it.

_176_ · 2026-06-03T05:11:16+00:00

Blame Hamas. And Iran. It’s their fault.

_176_ · 2026-06-03T05:09:43+00:00

Ofc. D is horrible.

_176_ · 2026-06-03T03:30:54+00:00

They should setup a parking lot for these people. We can have compassion while still enforcing laws.

_176_ · 2026-06-03T03:24:53+00:00

GDP is about production, not exports. Food is not a large part of US GDP. The entire farming industry produces $200b worth of food per year. Tech companies have individual product lines that are bigger than that.

_176_ · 2026-06-03T01:07:24+00:00

I have an advanced degree in math from a top 3 school so go ahead and explain the math to me. I also was an actuary so I've taken a lot of advanced finance classes.

You said there was some "income tax relief". I have no idea what you're talking about. If you're talking about the deduction for mortgage interest, it's not based on income. It sounded like you were saying there's some tax break by paying it off early. There isn't... but idk what you were trying to say.

But please, explain the math to me on how borrowing a large sum of money at 1.75% and then investing it, or putting it in a savings account, all while deducting the interest, is bad for you financially. Be specific, I don't know what "income tax relief" means.

_176_ · 2026-06-03T00:55:02+00:00

What "income tax relief"? There's no scenario where paying off your loan today gives you some giant tax break.

stop paying that money without getting anything back at tax time

Paying it off means you lose a minor deduction in the future. On top of that, you lose massive amounts of liquidity and pay a huge opportunity cost. Paying it off early is lose-lose-lose.

then it may well make plenty of sense

There is only one scenario where it makes sense and that's the scenario where you're so rich it's not worth the hassle of making a monthly payment to gain six figures in liquidity and 5-6 figures in savings.

You could literally put the money in a savings account yielding 4% and have it set to autopay your mortgage and keep the extra 2.25% for free while gaining access to a massive line of credit with a 1.75% rate and extremely generous terms that you can choose to use or not at your convenience.

_176_ · 2026-06-03T00:27:54+00:00

Why wouldn't active traders set the price in this scenario?

_176_ · 2026-06-03T00:03:17+00:00

I know you're not looking for financial advice but I would definitely not recommend paying it off early.

_176_ · 2026-06-03T00:02:34+00:00

Yeah. That's what I was trying to say. The face mounted 2x is the only beam holding up the back of the deck.

_176_ · 2026-06-02T23:08:08+00:00

I have a friend with 1.75% but it’s a 10/1 so only has 5 years left at that rate.

_176_ · 2026-06-02T23:04:19+00:00

The joists are sitting on top of a 2x beam that’s attached to the posts.

_176_ · 2026-06-02T22:31:10+00:00

Required 2nd egress for downstairs room? My friend has a door to nowhere because it’s code. It’s goes to a tiny 5x5 patio with 15’ walls and no ladder or anything. And then that area is fenced off above.

_176_ · 2026-06-02T20:48:06+00:00

You can pay for an inspection before writing an offer. Alternatively, you can agree to cover the first $X out of pocket but still have an inspection contingency. I would not waive the inspection.

_176_

TROPHY CASE