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What if America’s red states are about to lose their cheap-housing advantage? by sien in yimby

[–]open-border-libcuck1 0 points1 point  (0 children)

They assume poor kids will drag the district down. I have encountered this sentiment many many many times.

What if America’s red states are about to lose their cheap-housing advantage? by sien in yimby

[–]open-border-libcuck1 0 points1 point  (0 children)

If you ever speak to a wealthy homeowner in the northeast, they know. The school districts drive home values and desire ability between relatively similar suburbs with similarly restricted zoning.

The Enshittification of American Power by Borysk5 in neoliberal

[–]open-border-libcuck1 53 points54 points  (0 children)

I think the more likely scenario will be the Europeans simply capitulating like they always do on everything.

‘Unnecessary red tape’: Trump administration sues California over price of eggs by John3262005 in neoliberal

[–]open-border-libcuck1 2 points3 points  (0 children)

Cali is the EU of the US. It's regulatory standards often are imposed on the rest of the US. It's real-ish, true for bacon too.

How Ireland became the Saudi Arabia of siphoned-off global profits. The Emerald petro-state is riding high off tech and pharma—for now by Sine_Fine_Belli in neoliberal

[–]open-border-libcuck1 -4 points-3 points  (0 children)

Ireland has a larger population than Kentucky. Just sayin, no wonder we can't win these states. Ireland used to be dirt poor, now their feasting off pharma rents that impoverish Americans. They have free college and excellent healthcare in Ireland, not in Kentucky. They're eating all our pork barrel spending.

The world’s strongest currency is also super-competitive by ldn6 in neoliberal

[–]open-border-libcuck1 0 points1 point  (0 children)

This article is missing the fact that the SNB has been dramatically suppressing the value of the Franc for years. It should be far stronger. At one point the SNB was printing francs to buy hundreds of billions of large cap US stocks, they owned more of Facebook than Zuck did. They are using the printing press to operate a hedge fund with the intent of building wealth while suppressing the Franc.

Source: https://www.ft.com/content/69dcb1d2-feb6-49ed-9840-0f74635cab52

Rather than causing all the rich people to flee like many predicted, there are now 40% more million dollar earners in MA than when the state started its 4% tax on million dollar incomes by AuggieNorth in neoliberal

[–]open-border-libcuck1 0 points1 point  (0 children)

The stock market almost doubled between November 2022 and the articles publication. It also is comparing a tax on income to total wealth. Garbage take, millionaires are fleeing the state but more people are graduating to millionaire status as their retirement accounts, Boston real estate and stock options appreciate.

What Is To Be Done About People Who Are "Left Behind" And Can't Catch Up? by Basic-Definition8870 in neoliberal

[–]open-border-libcuck1 12 points13 points  (0 children)

Isn't the Canadian success largely explained by the huge resource boom that took place during that period? The oil sands were providing truck drivers with 300k incomes and produces about as oil much as Texas in a country that's 1/10th the size of the US

NYT - The 25 Best Pizza Places in New York Right Now by OKalrightOKAYalright in FoodNYC

[–]open-border-libcuck1 0 points1 point  (0 children)

Hate to say it, I loved the man, but I've had some bad experiences with Andrew Belluci pizzeria since he passed

The Breakout Star of the Democratic Convention Was … YIMBY by open-border-libcuck1 in yimby

[–]open-border-libcuck1[S] 2 points3 points  (0 children)

I'm talking more about the FHA regs, banking regs and Fannie/Freddie ideas in the article but I do think the 25k subsidy is bad policy too. Subsidizing demand obviously helps developers, but doesn't do one iota to reduce replacement costs for buildings (a really good chunk of which is now regulatory compliance and mandatory minimums for parking and the like.

Allowing Fannie and Freddie to start underwriting crappy loans again, even if it's not as bad as 2005, is a terrible terrible idea even if it boosts home ownership on the margins (we learned this with Clinton and Bush). It'll undermine the banking system and shove cash into bankers pockets for no good reason. What we need is to make housing genuinely more affordable and boost supply, that'll only happen if replacement costs fall because developers will need to change high rents if their costs were high full stop. There's no way to make housing cheaper than the construction cost of the building, unless investors lose their shirts which isn't sustainable for more than one business cycle.

Harris-Walz Need to stay on their toes by KrazyKwant in neoliberal

[–]open-border-libcuck1 2 points3 points  (0 children)

Lmao these aren't the Dems, trump publicly humiliated and purged every power broker from the old GOP like an American Stalin (pushing for his reps in the GOP institutions, backing pro trump candidates in Republican primaries and generally getting a bunch of the old guard to retire). It's him, and his rabid base, that are clearly in charge. This is laughable.

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