If I build a 40-unit apartment building (provides housing for 36 families on average), am I taxed as if that’s 40 residential properties? Do we want to use tax policy to punish this construction?
No punish people buying multiple properties as "investments".
Follow-up: All these replies missed my point. I’m not saying tech is blameless, rather that the press constantly criticizes tech for both doing too much and doing nothing and not fixing society. I would argue that this is toxic and ignores the agency of literally all other professions/people. Further, to ignore the housing/etc lobbying by basically everyone else outside of tech and make it seem like SV giants control…
> rather that the press constantly criticizes tech Clearly we're consuming different types of media, because on my estimation tech gets let off fairly light relative to the damage we cause. As practitioners, we're not entitled to get angry about being criticised for the damage we cause at least until we've stopped it.
I’m not a big fan of online performative self-hate and classic elite-liberal virtue signaling, so maybe this article and these replies are not for me.
> I’m the kind of person who contributes to society by starting companies that leverage technology to build smart tea kettles that brew themselves while you sleep at night. I’m a fucking innovator. Is there a reason that the press is always making scapegoats out of tech nerds? The vast majority of people are not employed in tech, and are part of the same society and have very similar self interests. Truly tired of ev…
Follow-up: All these replies missed my point. I’m not saying tech is blameless, rather that the press constantly criticizes tech for both doing too much and doing nothing and not fixing society. I would argue that this is toxic and ignores the agency of literally all other professions/people. Further, to ignore the housing/etc lobbying by basically everyone else outside of tech and make it seem like SV giants control…
If you have to claim everyone missed your point, consider that you failed to express it well. You’re arguing something different now, which is fine but trying to say that other people failed to read your mind is a bit insulting when we can read both comments. You’re taking an aside in a satirical piece much too personally, and really shouldn’t identify so personally with a huge industry with many people, including some who sound a lot like that.
Until WFH is common, areas are condemned to affordable housing shortages or commuting nightmares. Yeah, some areas pony up for dedicated path public transit but that’s rare. There’s lots of land over there but the jobs are over here. And people don’t want houses like the 50’s and don’t seem to like high density housing with kids.
And nobody wants to see their real estate property decline in value…
If I build a 40-unit apartment building (provides housing for 36 families on average), am I taxed as if that’s 40 residential properties? Do we want to use tax policy to punish this construction?
No punish people buying multiple properties as "investments". Tax the purchase not the construction.
If I build a 40 unit building and sell it to my wife (or my neighbor) or sell it to BlackRock, there’s no difference in how many units exist nor how many families can live there. My tax treatment should be the same as theirs.
If you restrict or punish the purchase of housing via tax policy, you simultaneously restrict the sale of it by original constructors, which serves as an impediment to that original construction.
There are no leftists in the US. The people you are refering to a liberals, who are defacto identical to conservatives
Dean Preston is a self-described socialist. A socialist is not a conservative.
His instagram bio reads "Housing advocate, democratic socialist", so if self-descriptions are taken as truth, it kinda undermines the whole point of the argument.
Really, you wanna police speech on HN? What priggishness. smh As long as the gypsies in Slovakia call themselves thus, you have no moral leg to stand on.
I call my wife “baby” but that doesn’t mean it is ok for random men to call her that. You are free to use ethnic slurs if you want, and people are free to point out that they are in fact slurs.