Ask HN: If you had $10M in the bank, would you still show up to your job? • Hacker News Board

Re: Ask HN: If you had $10M in the bank, would you still show up to your job?

#101

Post by rekabis » Fri, Jan 16, 2026, 7:43 PM UTC

raw_anon_1111 wrote: post #95

rekabis wrote: post #94

Earlier quoted context omitted.

> And it’s nonsensical that if you got rid of all of the investors who only own 2-3% of the supply, Either you are sealioning, or you genuinely can’t comprehend the written word. Time and time again you keep hammering on this point, which is only a tiny fraction of mine. You keep hammering on the window dressing, while I am addressing the real elephant in the room, THE OTHER ⅓ OF LANDLORDS, WHO ARE THE MAJORITY OF TH…

> Either you are sealioning, or you genuinely can’t comprehend the written word. Time and time again you keep hammering on this point, which is only a tiny fraction of mine. You keep hammering on the window dressing, while I am addressing the real elephant in the room, THE OTHER ⅓ OF LANDLORDS, WHO ARE THE MAJORITY OF THE PROBLEM. What exactly is your point? For single homes, if only 2% of all homes being sold are ow…

> For single homes, if only 2% of all homes being sold are owned by investors, releasing those would at most increase the supply by 2%.

For the last time, I AM NOT ONLY TALKING ABOUT CORPORATIONS. I am INCLUDING those INDEPENDENT INDIVIDUALS who are landlording AS A CAREER.

Like, anyone who has bought any residence purely to rent out, and who has never lived in that residence. Who treat housing as an investment without actually being a corporation.

THAT is what covers 30+% of the market.

Release 30+% of that housing onto the market, and supply increases DRAMATICALLY.

QUIT BEING A F*KING TROLL.

> But it’s even crazier that you think apartment buildings shouldn’t be owned by corporations and centrally managed.

>Do you think individual owners will take care of maintenance, property taxes, collecting rent, a centrally managed tenant office erc?

Let me update you on this lovely little administrative structure called a STRATA COUNCIL. This covers a lot of what you just talked about. It’s a council of individual owners that make decisions about maintenance and changes to the common areas and overall physical building.

The property taxes and rent are handled by the landlords, which is what the vast majority of landlords already do.

> As far as farmers what do you suggest?

Punitive taxation of corporate profit margins. This forces the middlemen to do one or more of three things: invest in the company (such as increased wages of workers, or better tooling, etc.), pay more for inputs, or charge less for outputs.

Re: Ask HN: If you had $10M in the bank, would you still show up to your job?

#102

Post by queenkjuul » Fri, Jan 16, 2026, 11:25 PM UTC

aristofun wrote: post #99

queenkjuul wrote: post #97

Earlier quoted context omitted.

Just me. But my 4% APY savings account would net me 400,000/yr on $10M, so 4x what i make now; my hypothetical family would also be fine for 100 years

If you carefully read my message and all the conditions you’ll see that 400 will melt faster than you think. Also it will be closer to 200-300 because you spent part of the sum to buy a house.

I could raise a kid in my apartment, plenty of room. My parents raised 4 kids on less than i make, even adjusted for inflation. My friends with kids are not making 400k/yr and doing just fine.

Re: Ask HN: If you had $10M in the bank, would you still show up to your job?

#103

Post by raw_anon_1111 » Sat, Jan 17, 2026, 1:49 AM UTC

rekabis wrote: post #101

raw_anon_1111 wrote: post #95

Earlier quoted context omitted.

> Either you are sealioning, or you genuinely can’t comprehend the written word. Time and time again you keep hammering on this point, which is only a tiny fraction of mine. You keep hammering on the window dressing, while I am addressing the real elephant in the room, THE OTHER ⅓ OF LANDLORDS, WHO ARE THE MAJORITY OF THE PROBLEM. What exactly is your point? For single homes, if only 2% of all homes being sold are ow…

> For single homes, if only 2% of all homes being sold are owned by investors, releasing those would at most increase the supply by 2%. For the last time, I AM NOT ONLY TALKING ABOUT CORPORATIONS. I am INCLUDING those INDEPENDENT INDIVIDUALS who are landlording AS A CAREER. Like, anyone who has bought any residence purely to rent out, and who has never lived in that residence. Who treat housing as an investment witho…

Okay, again, are you saying that no one should rent a home under any circumstances or that people who own homes should tie up their money and do it at cost?

And again you are wrong. It’s not 30% of the market - it’s 3%.

> Let me update you on this lovely little administrative structure called a STRATA COUNCIL…

Guess what a group of owners who collective own and run something is called - a business

On the other hand, there is an existence proof of what happens when a group of individuals run a group of units - look at the mess that is most condo associations in Florida where they don’t do upkeep and condo buildings are literally falling down.

By the way, since most people don’t know how to run a business like an apartment complex or even a condo association where the units are individually owned, they still end up outsourcing the management to a property management organization as do most HOAs

It’s clear that only one of us in this conversation knows about the real estate business….

Why would anyone invest their money in a company if not for profit?

Re: Ask HN: If you had $10M in the bank, would you still show up to your job?

#104

Post by aristofun » Wed, Jan 21, 2026, 6:54 PM UTC

queenkjuul wrote: post #102

aristofun wrote: post #99

Earlier quoted context omitted.

If you carefully read my message and all the conditions you’ll see that 400 will melt faster than you think. Also it will be closer to 200-300 because you spent part of the sum to buy a house.

I could raise a kid in my apartment, plenty of room. My parents raised 4 kids on less than i make, even adjusted for inflation. My friends with kids are not making 400k/yr and doing just fine.

This is why my remarks about "where you live" and "ambition"