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Urg..blind pigs and acorns...

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We've Got You Covered by Liran Einav, Amy Finkelstein: 9780593421239 | PenguinRandomHouse.com: Books share.google/Z2hvIgrtzgkl...

No, I was illustrating a way your example was inadequate for understanding the impact of real estate depreciation

Having lived through those decades, I can assure you rising house prices were expected. They were counted on when moving from house to house, in the capital gains portion of the tax code And intergenerational wealth transfer.

I blame it on financialization that started in the '60s and '70s

If a house depreciates 10%/yr, you would see very different behavior.

Loss of employment leads to depopulation leads to depreciation leads to housing decay. The last owner carries the burden of the depreciation which leads to fixing the minimum necessary.

Because housing appreciates, people will make major repairs or changes because they preserve or increase value.

Doom and gloom did occur in deflationary events of 1990, and 2008. Individuals incurring losses took roughly a decade to recover.

I agree with you. And also,

(3) Depreciating housing values leads to loss of housing because of neglect. See many parts of rural US and urban rust belt.

back around 2000. A friend of mine expressed the opinion that when web pages/cgi appeared on the scene, the entire body of knowledge of software engineering and quality control vanished from the minds of these people.

I mostly agree with you. An interesting thought experiment is considering how WFH or rental cubicle farms nearby reduce travel needs and enable replacing mass transit with e-bikes and some form of on demand Transit.

The e-bikes could be paid for with savings from eliminating Transit construction.

Back in the 1990s I was looking for a way out of software development but a repetitive strain injury forced me out. I wanted to leave because the field/developers had stagnated + insisted on solving the same problem over and over again.

Good to see things haven't changed 🥺

You can increase parking density by using a parking garage instead of a lot. On the other hand, I should encourage high density living around transit stops because it would make it easier to find a place where I can live with fewer people around me. Aka, The John Calhoun apartment complex.

The value of my house is significantly greater than the value of the land. So if the house depreciates, I still lose value and the mortgage goes underwater.

If homeowner is always underwater, there is zero incentive to move or do more than basic maintenance on the property.

Whenever I think of progressive politics, I think of the coliseum scene in the life of Brian.

Progressive policies come across as a bad-at-budgets checklist of shoulds, not core "what we need".

I look for liberal society policies + what makes things better for everyone that we can afford.

I expect that if housing values declined as property aged, we would treat houses like cars, buy them used, run into the ground, and scrap them.

Somebody will have to take in the shorts when changing housing from an appreciating to a depreciating asset. it better not be the homeowner.

Consider: investing is paying the people that fucked up our world to continue to fuck it up, steal people money and put a tiny fraction of that in your bank account.

One could say 401k accounts are building your future while destroying everybody else's.

I agree with you. In addition to detection stickers, there are a bunch of people living the fantasy world of "they should".

Project red map showed that you cannot play at the national level without owning the state level. This is where the Democrats fckup and third party's must succeed

I believe those third parties exist already but the structural barriers to a successful third party haven't gone away. A third party isn't viable unless it managed to elect several governors, hundreds of state representatives and senators as well as city council, school board, etc

Not the entire system, just how we count votes.

1980, I voted for John Anderson because I thought he was a better candidate. I believe my vote contributed to Carter's loss and Reagan's win.

Therefore, as long as we have our current electoral system, I'm never voting third party.

The only way we'll get past the Republican/ Democratic CF If we can change from voting first past the post to star or rank choice or some other form of voting scheme that allows for third parties to compete effectively without wasting your vote.

If ICC generates a warrant for the arrest of trump, If he travels to or through any ICC signatories territory or airspace, the signatory is required to arrest him.

See what netanyahu has to do when flying to avoid getting arrested.
share.google/To4FwrmQtPi6...

Since high-density urban living is incompatible with healthy living environments, an alternative might be small-scale, dense clusters of about 10,000 to 15,000 people, surrounded by 4 or 5 miles of wild green space in any direction.

zpg requires 2.9 kids per couple for a stable population. The needs of society or a couple do not factor into this number.

Why are you giving them any $$? I've stopped spending money on most things that fund them.

Umm, I'm up to 15-20 😳 assuming I can find them all

I forget mine (thanks ADHD) and buy new ones on the regular. I usually get the thick $0.10 reusable plastic bags. I put a stack in the car when I'm trying to figure out where to store the collection of bags.

That assumes taxing labor is the only way to fund old age systems. We've never seriously considered a tax on the flow of capital because "they" don't want it.

Google "Free speech unwilling listener." I suggest also "The paradox of tolerance".

Tolerating illiberal speech destroys a liberal society, so there may be some value in suppressing illiberal speech

& What's happening: Elon Musk confirmed that X will delete all heuristics from its recommendation system within six weeks. In other words, the familiar logic of likes, replies, and reposts that shaped Twitter for years is about to disappear. In its place, Grok, the platform's in-house Al model, will read and watch more than one hundred million posts and videos every day to decide what users see. At the same time, X is testing a new interface that keeps users inside the app even when they open external links.

How this hits reality: This marks the first time a major social platform has handed full control of content discovery to an Al model. Engagement farms, trend-hacking accounts, and traditional growth tactics may soon lose their edge. The new winners will be those who write in ways that Grok interprets as engaging, turning social media optimization into a new form of prompt engineering. This shift could reshape influencer strategies, ad targeting, and even political communication in a matter of weeks. • Key takeaway: X did not just change its algorithm; it replaced it with an Al reader. Your reach will soon depend on how fluently you can speak Grok.

Brace for another wave of x refuges

Previously, the number was 2.1 kids per family unit. better research shows that it's 2.9 to maintain a zero population growth. I suspect with the anticipated increase in childhood mortality because of the anti-vax movement, the number might go as high as four

That is something we're working on. She is incredibly stressed when he is with us every other week. When he's not around, I show her the love and affection she deserves. I make sure just the two of us two things she likes.