Seth Borman
@SethBorman
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Following
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Real estate. Cofounded a medical clinic. Former artillerist. Henry George was right.
Phoenix, AZ
Joined September 2013
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@clairebennie
On the one hand, it makes the building uglier, but on the other hand it also makes them more expensive.
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@Noahpinion
Mason Gaffney wrote that banks shouldn't be allowed to lend against land for just this reason.
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@mucha_carlos
Ukraine could really use Israeli weapons, but the Israelis are sucking up to Russia too hard for that.
Frankly I don't see what we get from our alliance with the Israelis. It's completely one sided.
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@SashoTodorov1
Imagine how much less we would use if we didn't use corn ethanol for fuel. Iowa used to have forests!
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@mnolangray
I think funding a study abroad for fire marshals would be the cheat code there. If you can get a midcareer guy a vacation in Europe plus shop talk with peers (like $10,000) you can start to make changes.
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@MarketUrbanism
My wife is Venezuelan and a LOT of her friends landed there because, you know, they have food and stuff.
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@sp6runderrated
I think it's funny that everyone is talking about NYC but they're actually thinking about Manhattan. Most of NYC is low rise suburbs and converting it to 6 stories would triple the population without tearing down any large apartments.
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@maxdubler
Also, boomers keep their weddings cheap because they have 2 or 3 of them and it's gets expensive after a while.
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@19Woodstock
People who are drunk in public need to be on their best behavior. If they can't handle that, the police have a place to store them until they are sober.
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@nope_its_lily
We have a clinic that is either $80/month or $200/visit. We also can find out the cash price for labs or imaging. Fun fact, the cash price for imaging is generally lower than your copay. Generic medications are nearly free.
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@PeterZeihan
I sincerely doubt that the Russians will be able to support that many men in the field. They'll need food, water, medical supplies, ammunition, etc, all of which will have to be delivered past 70 km of artillery overmatch.
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@rsms
@Jordan_W_Taylor
Turbines and turboprops use jet fuel which is essentially kerosene, leaded avgas is for piston planes which are almost entirely general aviation, not commercial.
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@mattyglesias
In 2009, 15% of workers had high deductible health insurance. Now it's 55%. More people are insured, but insurance is less useful than ever.
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@john_voorheis
Normally I'd agree with you, but in the context of the argument you're subtweeting you can't argue that housing prices aren't going up when the T&I in PITI is going up.
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@rycpt
@djmont
@Noahpinion
The wild part is the research that business with large land holdings are less productive than businesses without, because they can be.
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@blackurbanist
Imagine if we had a $25k impact fee on new cars and they had to get 75 MPG, be approved by the city Car Safety department, and use a recycled VIN because someone decided that we had enough cars already.
That would be expensive, too.
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@BarryRoland19
One of my first negative Twitter exchanges was started when I mentioned the importance of ensuring your contractor is paying their subs and workers. Apparently some people haven't been but before.
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@purplcabbage
When I think of California politicians I think of the end of WWII when Hitler was moving units that didn’t exist around on a map and his staff was dutifully pretending along with him. “And then will make them get a permit for an air conditioner!” Everyone nods seriously.
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@constantraise
There's a doctor job posted in rural KS at $200k W2, 6-8 patients per day. That's a DREAM JOB for a lot of people. The alternative is 50% more money for 50% more work, and that sucks.
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@BA_Friedman
They went all out to get range and used a very long, heavy projectile that isn't backwards compatible.
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@mnolangray
It's important to note that a New Urbanist suburban neighborhood is generally much more desirable than a typical suburb, so even within the suburbs there is room for improvement.
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@mnolangray
The state insurance commission is trying to force insurance companies to keep rates low... so they are quitting instead.
Price controls always lead to shortages.
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@SwannMarcus89
Ah, Lebanon. Historically multicultural, peaceful, a tranquil place of tolerance and misunderstanding...
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@SwannMarcus89
Th Soviets felt betrayed when Israel, a small socialist country, aligned with the United State instead of them. Modern leftists are still spouting Soviet propaganda even though they haven't been paid for it in 30 years.
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@TravisBiziorek
Boomers could get mortgages that you just can't get anymore. I know people that went bankrupt, started a new business and bought a house within a 2 year period in the 80s. You can't do that anymore.
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@TenativeTangent
@QuinnyPig
The last estimate I saw was that 60% of job listings are designed to send messages (we are growing!) rather than actually fill positions.
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@Kane_1200
@robkhenderson
Firefighters love cars way more than MBAs do, though. And it's not even close.
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@Stonefoxcapital
@mcuban
You've obviously never met someone that graduated medical school and didn't match to a residency.
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@modcalifivy
@mattyglesias
@holz_bau
@MarketUrbanism
Would it break your heart to discover that those are usually the same thing?
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@madlyblue
@Fritschner
@nycsouthpaw
1 from COVID, 3 cancer, 1 unspecified, 1 car accident. So... no it really wasn't.
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@JohnJBlatchford
The folks at the Incremental Development Alliance have been working on this for years and their success stories are generally 2-4 unit properties.
ADUs will probably create a new generation of small developers.
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@Noahpinion
Their electricity is $0.18/kWh while gas is $8/gal. A Chevy Camaro V6 pays like $125k in taxes while an EV is exempt from many (VAT and weight tax) and so is much cheaper to purchase and then to operate.
We aren't going to do that stuff here.
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@AaronGuhreen
Just a quick reminder that planners don't build housing, their only power is preventing things from happening.
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@SwannMarcus89
Rural Africa is electrifying right now and you can watch that improved standard of living in real time. Grinding grain with an electric device doesn't sound like a big deal but it's dragging people out of poverty.
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@Noahpinion
Regulators are going to regulate. That's what they do. The end of Chevron only means they won't be able to expand their mandate at their own discretion.
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@GrulkeLamonte
I did those in my own house to save $50/ea. Given a choice I use stuff like this. It's expensive, though.
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@sunny051488
@BarryRoland19
They turned the offer down so I waited a few months and offered less.
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@CSenco
I always wonder if you hit a GO with "a commander is responsible for anything his unit does or fails to do" does he say "well yeah but they meant Captains, not me?"
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@lononaut
@matthewstoller
Not all "Pentagon" spending is defense spending, they also run a health insurance and education program and a research program into things like Alzheimers.
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@TCFKA_NCSteve
@JoshKraushaar
@TWLadyGrey
Maybe we should treat this like the Congressional baseball practice shooting and just pretend it didn’t happen.
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@CasualArtyFan
I read somewhere that the dud rate for Russian HE is higher than the dud rate for American DPICM. I know that was the case if you look at historic ammunition from 100 years ago, and I suspect that Russian HE was stored in damp conditions and not reconditioned before use.
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@BA_Friedman
They were trying for 93 miles, the cost and technical risk goes up exponentially the greedier you get for performance.
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@mattyglesias
FWIW, in reading the comments on this GOP voters are apparently in favor of price controls for pharmaceuticals.
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@SwannMarcus89
Yes, cooling uses less energy and the temp differences are much smaller for cooling as well.
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@Noahpinion
"Canada is obviously just as safe from Chinese missiles and ships as Arizona is."
That's because they are also protected by the US military.
They are vulnerable to Chinese interference and it doesn't serve the US to move chip production to another country that isn't the US.
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@blob_watcher
@mattyglesias
I don't think there is an alternate universe where things turned out better than they did and I think the Japanese were the main beneficiaries.
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@thinkdefence
Hard disagree, because the training and product for each service is different, but I like your thought process because the US Army has over 250 different ways to become an officer (USMA, Federal OCS, hundreds of ROTC programs and dozens of state run RTIs).
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@BarryRoland19
I bought some land, listed at $125k, offered $100k, settled on $75k, sold half of it for $370k. Best deal I ever did, so far.
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@DallasAptGP
My RE prof said "debt is a sword, equity is a pillow. Which would your rather fall on?"
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@staffcommenter
@cafedujord
@mattconvente
Median household income for people 24-35 is $75k, meaning an affordable house is $225k or less. There isn't a single state in the country where the median house is that cheap.
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@Noahpinion
The comparison is fraught because a diesel AIP boat is both much cheaper and much more limited than a nuke boat, but possibly more useful for the Chinese than it is for us.
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@ArmyMudPuppy
You mean taxpayers aren't getting their money's worth out of America's most expensive community colleges?
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@mattyglesias
We cut production capacity in the 1990s when we had 20m artillery shells stockpiled. Those have all been gone for a over a decade.
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@aarmlovi
I regularly make the point that 2,728 miles (the longest Amtrak route) is the second longest train route in the world, after the Siberian route. You know how Europeans travel that distance? Planes!
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@meni149
@realEstateTrent
A friend likes to say every SMB has a set of books for the government, the bank and themselves... but which would a buyer or lender believe?
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@DrDiGiorgio
Insurance companies make 15% margins on top of costs. The only way to make more is for costs to increase.
The only other industry paid this way is the defense industry, which is also famously expensive.
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@El_Pirros
@VicctorianChad
A house, back then, housed a lot more people than a house does now.
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@SwannMarcus89
Bonus, because of the way doctors are licensed in the US it's entirely possible that your dad's home health aide might be a physician as well, just like my kid's daycare teacher is a pediatrician and his babysitter is an opthalmologist.
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@CobraBall3
Army has 43 ships capable of moving 5-15 Abrams at a time across the blue water and landing them on a beach.
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@ToddZywicki
@EmpiricGame
I think we should do this for lawyers first. There's no reason that paralegals shouldn't be allowed to litigate.
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@RealCynicalFox
I would think the bigger issue is spending the last 20 years at war, losing those wars, and then pivoting to a much harder challenge without scrutinizing how the military failed to win the last wars, and what changes need to be made to win, and I don't mean "more money."
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@mucha_carlos
I have a theory that lawyers struggle with international relations because they focus too much on rules rather than power. Obv. not all, but enough that it seems to be an issue when our country is generally led by lawyers. You're a lawyer, any thoughts on that?
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@staffcommenter
@cafedujord
@mattconvente
In 1983 3x annual median income would buy you a NEW home. Plus mortgage underwriting was loose. You could get a house with a recent bankruptcy or no tax returns.
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@shawngorham
Talked to an engineer about a plan to use smaller drain lines. He says slope is your friend and never reduce the size of a pipe, ever.
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@jefferson1simon
@mattyglesias
Yes, the EV Hummer is for the common man.
I think Biden's union connections are a lot more significant here...
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@johnkonrad
Off the top of my head, 70%-ish of DoD POL consumption is for aviation, most of that USAF. The entire service runs on the stuff... and someone has to bring it to them.
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@RandBusiness
It’s not an accident that all the rich guys I know drive F150s. Sometimes they have a BMW for the weekends.
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@SoCalRealty1
@TAYVAY_
The reply from the left will be "gee, maybe we should create a public developer and everyone should live in government owned apartments."
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@defenestr8rboi
Old people's income is adjusted for inflation every year.
Can't say that for the rest of us.
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@shawngorham
Best flipper I knew in LA was 100% cash. She made 6 figures on each one and did 2-3 a year.
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@MarketUrbanism
@Kasiality
For most of the last 100 years Spaniards were moving to Venezuela for the opportunities. It reversed at some point in the recent past.
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@mattyglesias
The military did a lot of research on this before integrating women into the infantry and it's apparent that an exceptional woman can have the same physical abilities as an average man. That's not anyone's fault, just how it works. Non-segregated sports would be men's sports.
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@ArmyMudPuppy
I caught a lot of flack for referring to them as enlisted co-commanders but there are journal articles as far back as 1988 identifying the issue.
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@John_A_Ridge
@CasualArtyFan
Arty school was teaching that m795 is 2x as lethal (they don't go into lethality in any depth as that's not for LTs to decide) than M107. The longer range is from the shell shape and the welded driving band that can handle larger charges.
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@JosephPolitano
Given that K-12 education costs us more than the defense department the sums we are talking about are significant, probably in the $300B a year range, or about 1.3% of all income. It's $24/mo for the typical Social Security beneficiary.
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@andersem
If you taxed 100% of the ground rent you'd still have landlords, but they'd be property managers that owned the buildings and they'd make more modest returns... but it would still be a business. A good one, at that.
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@Noahpinion
Americans moving to Russia for ideological reasons is not a new thing.
Might want to check on what happened last time before you move, though.
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@MarketUrbanism
Always fun when people who live in places where the cold will kill you dunk on people who live in places where the heat will kill you.
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@LethalityJane
There’s an AR that controls parking signs, the CG is the only person that qualifies, every other VIP parking sign is against regulations. The handicapped stall is required by federal law but let’s not let that get on the way of RHIP.
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@realEstateTrent
I would start with an energy performance contractor first. Some improvements, like lighting, are extremely cheap relative to the savings. When we had an office I relamped and it paid for itself in 7 mos, and here it is 6 years later without a single bulb replacement.
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