I can appreciate some of the sentiment behind prop 13 (though I believe there was some straight up anti-tax ideology that was behind its original...

https://twitter.com/johnreedstark/status/1638599720858689538?s=46&t=3lUaICPxsR_NcRK2VkCfkg stalefish, you voting GOP or independent next cycle?

Every proposed increase in building is ‘only’ something, so each individual rejection doesn’t have much cost, but it all ads up. That area might...

Inflated home prices are definitely a problem here. I’ve read there’s a ‘national housing shortage’ (however that’s being defined) of 4-5 million...

My guess is that they don’t mean car dependence for the people living there, but car dependence for the people that could move into the new units. ...

The ITEP link I posted used state median incomes, not US. California has the most progressive tax structure: If you want to compare state...

Also, we have Prop 13 here, which I think is a horrible law, but it limits assessed value to a max increase of 2% per year and CA prices have...

Ok. Don’t know anything about Highland Park. Fool says median price per square foot is $182 in Illinois vs $443 in CA, FWIW: ...

But that’s where CA is different, and why it’s targeted so much: it’s a progressive state tax structure, whereas ‘low tax’ states all have highly...

This is what Google turns up: Tahoe is fucking expensive, but I don’t think comparable houses in comparable locations are be 2-3 times as...

I’m in Truckee (Tahoe). They were somewhere outside of Chicago, but don’t recall name.

Maybe? I was traveling with a coworker living in Illinois a couple years ago and he was paying significantly more in property taxes than we were, and...

I don’t know how that particular one was done, but I’ve seen these guys quoted by reputable sources in the past and it shows much the same: ...

It’s annoying how many people believe California is a high tax state, when they’d be paying lower taxes if they lived in California: ...

Yeah, shocking that no one wanted to take on the money laundering portion of the bank.

For sure. If they’re owners, they should make that case. If they’re renters then the company can hold of building until everyone’s lease is expired.

What I would recommend (without having studied the issue at all) would be to have the city charge for on-street parking, and allow builders to build...

To be clear, I’m not looking at how to reduce risk in my 401k. That’s invested in a wide variety of index funds covering US/international,...

Not everyone in a city has a car or needs a car? I don’t know the circumstances of those owners/renters, but I feel like if that was their concern...

I think this is the kind of example I don’t understand. Seems like if the offsetting position is expected to be (consistently) more profitable, then...

That’s awesome. Is the rental place going to be suspicious when I want to rent a snowblower in July? No way I’m doing that with my own.

Can someone explain to me how investment risk is hedged? Not as in the actual mechanism, but how does that even work to anyone’s financial advantage....

NIMBYs suck: https://twitter.com/_fruchtose/status/1638034310489067520?s=46&t=3lUaICPxsR_NcRK2VkCfkg

https://twitter.com/phillipspobrien/status/1637895217297735681?s=46&t=3lUaICPxsR_NcRK2VkCfkg Up till now most recruits have been coming from...

I was going to post saying those complaining solely about the Fed let’s those who are in control of fiscal policy off the hook to easily: monetary...

You wanted them to start raising rates when unemployment was still ~8%?

Given the uncertainty of the situation the economy was in, the information available, and the tools available to them, yes, they have generally done...

Yeah, not directed at your project - that sounds like the kind of Quixotesque adventure I’d try myself if I could get boots cheap and could do the...

I don’t know that anyone said that? Did anyone claim SVB failed because of crypto exposure? Anyway, the liquidity guarantee is costless - if it...