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  1. #26476
    Join Date
    Feb 2007
    Location
    righthere/rightnow
    Posts
    3,124
    New Bill may ban Hedge Funds from owning SFR.

    https://www.housingwire.com/articles...ousing-market/

  2. #26477
    Join Date
    Jan 2005
    Location
    cb, co
    Posts
    5,018
    Man, the uplifting part of the story is that there are still people willing to live in an attic or a mudroom to live the dream. Like maybe the ski bum isn't dead...

    Sent from my SM-G996U1 using Tapatalk

  3. #26478
    Join Date
    Oct 2004
    Location
    50 miles E of Paradise
    Posts
    15,479
    ^^^It may not be dead, but @ $2200/mo for said mudroom, it requires a trust fund.

    Quote Originally Posted by mud View Post
    New Bill may ban Hedge Funds from owning SFR.

    https://www.housingwire.com/articles...ousing-market/
    Zero chance of either bill going anywhere.
    And if something like this did ever pass, the wizards of finance would figure out how to game it…

  4. #26479
    Join Date
    Apr 2006
    Posts
    7,160
    I'm just outside of Wilson now I'll head over there tomorrow am looking for a room to rent

  5. #26480
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    Apr 2006
    Posts
    7,160
    I'm looking to pay 6 grand a month for the old tool shed out back

  6. #26481
    Join Date
    Jun 2020
    Location
    in a freezer in Italy
    Posts
    7,074
    The whole shed?? You're dreaming.

  7. #26482
    Join Date
    Oct 2005
    Location
    Idaho
    Posts
    10,918
    Quote Originally Posted by ötzi View Post
    The whole shed?? You're dreaming.
    If he rents the whole shed, he can leave flowers and his laptop wherever he wants. I see why it's attractive.
    Quote Originally Posted by Benny Profane View Post
    Well, I'm not allowed to delete this post, but, I can say, go fuck yourselves, everybody!

  8. #26483
    Join Date
    Sep 2006
    Posts
    8,206
    Quote Originally Posted by goldenboy View Post
    Man, the uplifting part of the story is that there are still people willing to live in an attic or a mudroom to live the dream. Like maybe the ski bum isn't dead...

    Sent from my SM-G996U1 using Tapatalk
    Long live the ski bum!
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  9. #26484
    Join Date
    Jan 2018
    Location
    gamehendge
    Posts
    912
    Quote Originally Posted by muted reborn View Post
    Lotsa weird things in that article, LOTS.

    I found Claire's profile on Twitter and her description line is "If I gotta be a bitch, imma be a bad one." Wharton MBA. Tricoastal world traveler."
    my companies ceo is a mutual connection on linkedin, I'll have to ask him about her.

  10. #26485
    Join Date
    Feb 2007
    Location
    righthere/rightnow
    Posts
    3,124
    A few years ago in Nederland I had one tenant that rented out the shed in the backyard. My neighbor called me up, said a guy set up shedlife and even had a couple of chairs and table outside for having coffee in the morning. By the time I got to town and saw the shed the troglodyte had improved the place with shelves, insulation, and a loft/bed area. Overall I would call that a win, although it did cost $4k in clean up after I kicked everyone out.

  11. #26486
    Join Date
    Oct 2005
    Posts
    11,708
    Why the fuck didn’t you keep it like that and re-rent it? Guy was on to something, it’s just that the wrong person was getting paid.


    Sent from my iPhone using TGR Forums

  12. #26487
    Join Date
    Feb 2007
    Location
    righthere/rightnow
    Posts
    3,124
    Whatever shed boy

  13. #26488
    Join Date
    Feb 2011
    Posts
    2,422
    Quote Originally Posted by mud View Post
    A few years ago in Nederland I had one tenant that rented out the shed in the backyard. My neighbor called me up, said a guy set up shedlife and even had a couple of chairs and table outside for having coffee in the morning. By the time I got to town and saw the shed the troglodyte had improved the place with shelves, insulation, and a loft/bed area. Overall I would call that a win, although it did cost $4k in clean up after I kicked everyone out.
    Honestly, that sounds pretty on-brand for Ned.

  14. #26489
    Join Date
    Feb 2011
    Posts
    2,422
    Quote Originally Posted by mud View Post
    A few years ago in Nederland I had one tenant that rented out the shed in the backyard. My neighbor called me up, said a guy set up shedlife and even had a couple of chairs and table outside for having coffee in the morning. By the time I got to town and saw the shed the troglodyte had improved the place with shelves, insulation, and a loft/bed area. Overall I would call that a win, although it did cost $4k in clean up after I kicked everyone out.
    Honestly, that sounds pretty on-brand for Ned.

  15. #26490
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    13,314
    Quote Originally Posted by dan_pdx View Post
    Years ago I came up with a business plan with a Chinese co-worker: property management for those kinds of offshore owners with Chinese speaking support staff for the owners. Even if they bought the real estate with shady funds, why turn down a few thousand dollars a month deposited in a Canadian or US account that you can draw on when you're in those countries? Our theory was that it was just too much of a PITA for someone in China who doesn't speak english to deal with finding property management services. We then got too busy with our day jobs to ever do anything about it, but I still think it was a worthwhile idea.
    That 100% exists. I (and a few of my friends) did some moonlighting work for a guy who was a self described "offshore banker". From what he was willing to divulge, his book of business was Hong Kong money investing in BC and the western states. Mostly RE, but some golf courses too.

  16. #26491
    Join Date
    Mar 2008
    Location
    northern BC
    Posts
    30,771
    I am pretty sure you find a shady lawyer or RE agent in Vangroovy that you couldn't trust to do whatever you need done with your RE fo he-van sake

    There was more or less 2 recent big waves of chinese immigrants so in the mid 90's there were the Hongkong expats (AKA Honkies by the long established Vancover cantonese, almost all of the Honkies came on a Can gov program to get millionaire $ into Canada but all they did was game the system, park $$$$ off shore in RE, send kids to cheap uni and commute back to china for business, they would leave kids here with a big expense account so you would see a young chinese kid drivivn a BMW with a learner sticker the big green L

    the Mainland Chinese were the second wave somewhere in the 2000's generaly considered WAY more pushy than the Honkies WAY more probably stolen $$$$$$$ but same thing, send kids to cheap uni, park money off shore in RE, commute back to china for business and so you would see a young chinese kid in a lamborghini with a big green L sticker on the back

    China is a big fucking place with a lot of people and a lot of dialects for the longest time my mother could not speak her dialect of chinese to anyone in chinatown cuz she was born in Singapore and everyone in Vangroovy spoke Cantonese but that changed cuz Singaporeans would cash in their central providence fund (probably half a million) come to Canada buy cheap RE , send kids to cheap uni, complain about the cold weatehr

    Vangroovy is now a huge melting pot of every kind of nationality compared to when i was growing up there

    so its all about parking money in the cheap RE and the cheap uni

    except the RE is no longer cheap you know La
    Last edited by XXX-er; 12-08-2023 at 04:01 PM.
    Lee Lau - xxx-er is the laziest Asian canuck I know

  17. #26492
    Join Date
    Oct 2005
    Location
    Tahoe-ish
    Posts
    3,124
    Def a lost opportunity in Nederland. A shed is luxury!

    $900 could get you this in SD.Click image for larger version. 

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    ride bikes, climb, ski, travel, cook, work to fund former, repeat.

  18. #26493
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    13,314
    That wave of rich HK immigrants basically killed Chinatown in favor of Richmond.

  19. #26494
    Join Date
    Sep 2006
    Posts
    8,206
    I think this might have already been posted but, $62.4 million seems like a bargain. I could see this 640 acre parcel go pending before it actually got listed for that cheap price.

    https://www.msn.com/en-us/news/us/wy...cd4d64d6&ei=29

    An updated document issued by Scoggin ahead of Thursday’s hearing suggested that “the minimum acceptable bid” should be set at $80 million — a jump from the previous $62.4 million.

    Jason Crowder, deputy director of the Office of State Lands, acknowledged at the hearing that there has been widespread concern about the plans.

    During the 60-day public comment period, he said that he and his colleagues held four public hearings across the state and received more than 9,000 written statements.

    The Thursday vote to table the proposal until next year came as a surprise to most, as only one of the five elected officials who serve on the all-Republican board — Secretary of State Chuck Gray — had declared his opinion ahead of time.

    Gray, an outspoken supporter of former President Trump, contended that “selling off such an invaluable piece of property in Teton County is not in the best interests of the State of Wyoming.”

    “I also remain skeptical that the appraisal brought forward matches the true value of this priceless piece of property,” Gray said in a statement.

    Environment and conservation groups have likewise been vocal in expressing their opposition to the public lands disposal.

    The National Wildlife Federation Action Fund, for example, has advocated for a no-vote with hopes of conserving the moose habitat in Grand Teton National Park.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  20. #26495
    Join Date
    Jun 2020
    Location
    in a freezer in Italy
    Posts
    7,074
    I doubt it wil sell to developers. Sounds like a ploy to get the Feds to the table and get some land in/near town for affordable housing. If they lease out the affordable housing it generates continuing revenue as per their requirements. But who knows.

  21. #26496
    Join Date
    Apr 2006
    Posts
    7,160
    Well stopped by the place in Wilson, unfortunately the tool shed was already taken.

    Good news is, they had an old 55 gallon drum in a drainage ditch for rent. 1200$ a month. I immediately jumped on it, as housing here is a challenge.

    Pretty stoked overall, it's a little tight but going to make it work.

  22. #26497
    Join Date
    Dec 2016
    Location
    In a van... down by the river
    Posts
    13,454
    Quote Originally Posted by byates1 View Post
    Well stopped by the place in Wilson, unfortunately the tool shed was already taken.

    Good news is, they had an old 55 gallon drum in a drainage ditch for rent. 1200$ a month. I immediately jumped on it, as housing here is a challenge.

    Pretty stoked overall, it's a little tight but going to make it work.
    I laffed.

  23. #26498
    Join Date
    Sep 2010
    Location
    Tejas
    Posts
    11,814
    Quote Originally Posted by byates1 View Post
    Well stopped by the place in Wilson, unfortunately the tool shed was already taken.

    Good news is, they had an old 55 gallon drum in a drainage ditch for rent. 1200$ a month. I immediately jumped on it, as housing here is a challenge.

    Pretty stoked overall, it's a little tight but going to make it work.
    Ha! Reminds me of this old Will Ferrell sketch. Someday if I ever get crazy rich, Imma buy up a vacant lot in Jackson and do exactly this just for teh lulz...


  24. #26499
    Join Date
    Mar 2008
    Location
    West By God Wyoming
    Posts
    667
    Quote Originally Posted by Toadman View Post
    I think this might have already been posted but, $62.4 million seems like a bargain. I could see this 640 acre parcel go pending before it actually got listed for that cheap price.

    https://www.msn.com/en-us/news/us/wy...cd4d64d6&ei=29
    The state announced yesterday that they were putting this off until as least next fall. I expect a deal will get done so that it becomes a part of the park.

  25. #26500
    Join Date
    Mar 2008
    Location
    northern BC
    Posts
    30,771
    Quote Originally Posted by Ted Striker View Post
    That wave of rich HK immigrants basically killed Chinatown in favor of Richmond.
    I don't know how you would kill China town if people are going there, the old stock cantonese didnt even particularly like the honkies ? China town is a pretty small hold over from early Vancover ( there is also a japan town other side of hastings ) but that isn't anywhere near big enough for the amount of chinese now in Vangroovy, China town is/ has always been right next to the DTES skid row, they existed side by each, but maybe not now with the ongoing fentynal/ homeless crisis cuz who wants to go down there ? whereas Richmond is a big fucking municipality , there are also a lota chinese in poco

    but you don't need to go to China town for cooking supplies cuz the stuff is available every where now which was not the case 50-60 yrs ago
    Last edited by XXX-er; 12-08-2023 at 08:18 PM.
    Lee Lau - xxx-er is the laziest Asian canuck I know

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