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A Postmortem of a Startup

buildwithtract.com

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Re: A Postmortem of a Startup

#131

Post by n4r9 »

fakedang wrote: post #130
n4r9 wrote: post #127

Earlier quoted context omitted.

Immigration is thought to have a small negative impact on the wages of low skilled workers, but is probably financially beneficial for those further up the payscale. > Post-Brexit, EU immigration was only replaced by non-EU immigration Yes, in fact this was how Brexit was sold to many south Asian voters: your family will have an easier time moving to the UK.

> Immigration is thought to have a small negative impact on the wages of low skilled workers, but is probably financially beneficial for those further up the payscale. And that's a good thing? > Yes, in fact this was how Brexit was sold to many south Asian voters: your family will have an easier time moving to the UK. Yes, and now the very fabric of most English cities has broken down in many parts. Honestly don't se…

I'm not saying it's a good thing necessarily. I was replying to your statement "you're already poorer". I am probably better off for immigration. Some people are poorer, but it's a small effect and I suspect there are ways we could explore addressing it without losing the benefits of immigration.

> the very fabric of most English cities has broken down

How do you mean? That doesn't match my experience in London.

Re: A Postmortem of a Startup

#132

Post by socalgal2 »

clpm4j wrote: post #102
socalgal2 wrote: post #100

Earlier quoted context omitted.

Why would that be a solution? What's the difference between the LLC that buys a bunch of homes and the LLC the builds bunch of homes. When the homes are done being built the LLC has morphed from an LLC that builds homes to an LLC that bought a bunch of homes. The solution to me is to stop preventing people and companies from building homes. https://www.youtube.com/watch?v=cjWs7dqaWfY Effectively, goverments and nimby…

The solution lies in eliminating the entire concept of investment properties, and to classify single-homes as purely places to live. You do realize that part of "not enough" houses is due to corporate entities / investment vehicles / investors owning many properties. And the types of cities (dense, highly-desirable urban cities like SF, London, Paris) where the NIMBY people complain most often also happen to be the m…

> You do realize that part of "not enough" houses is due to corporate entities / investment vehicles / investors owning many properties.

No, I do not realize this. This is only possible because of limited supply. If the supply was not limited by government and nimbys then it would not be profitable for "corporate entities / investment vehicles / investors owning many properties."

It's also irrelevant, no amount of preventing "corporate entities / investment vehicles / investors owning many properties." will do anything to keep prices low as long as demand is high and supply is low.

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