Recent submissions

Comment · 7 years ago
$1440/yr seems hardly worth the effort for he hassle and cost of moving every year. Compounding rent increase over years makes it substantial.

I suppose you don't have kids though, which may simplify things.

Comment · 7 years ago
Much simpler would be to raise property taxes to a reasonable level and redistribute that via a citizens' dividend /UBI. That gives you free market efficiency with no rent-seeking non-local owners sucking away the wealth, only reasonable fees for management and liquidity services.
Comment · 7 years ago
If you live in your house instead of paying transaction costs to sell, lower property value just means lower property taxes and a more prosocial working class neighbors.
Comment · 7 years ago
You are conflating home ownership with house ownership. You can buy a condo and pay someone to maintain it for you, just as your apartment landlord can hire unreliable managers tradesworkers to fail to fix your water heater.
Comment · 7 years ago
It works if the leader is a birthright aristocrat leader who has no need to justify his position, but still wants to be good.

The ancient wisdom didn't account for the politicking of corporations.

Comment · 7 years ago
Airbnb doesn't replace cheapo hotels. It replaces expensive hotels. People go to airbnbs because hotels are too expensive for them.
Comment · 7 years ago
It is more likely that IH knows the rental market price and you don't. 5% growth per year is totally normal in desirable areas . It's lower than real estate appreciation.
Comment · 7 years ago
If you had surplus housing, Airbnb would not exist because there is no point.
Comment · 7 years ago
Chinese speculators reduce growth by keeping property vacant. Airbnb doesn't affect growth.

House prices are not growth, and they generate the tax revenue that you say helps get the infrastructure ready.

Comment · 7 years ago
You are describing young, single people, not long-term renters.
Comment · 7 years ago
You left out the #1 reason: so you can suss out their spending power and level of need so you can charge value-based pricing instead of cost-based pricing. Nothing you wrote is relevant to OP's concern about "call for price".
Comment · 7 years ago
Companies can fund art directly (and many do, such as Google/YouTube), instead of wastefully routing it through government.

Government can provide UBI and healthcare to the whole population instead of picking politically connected artists to make government approved art.

Comment · 7 years ago
Building a successful business requires taking responsibility for all the boring details. Complaining that it is someone else's fault wastes precious time and hurts morale.
Comment · 7 years ago
It's not arbitrary. The only two choices that work are the real center of gravity, and the observer's position with the real center of gravity orbiting the observer and everything else orbiting the real center of gravity. If Tycho chose Jupiter as the center of the orbits, the planetary orbits would have the same problem of epicycles as the older models.
Comment · 7 years ago
Floating point error is far far smaller than measurement error and missing data.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton