I mean homeownership (with the intent to occupy the home yourself) causes this misallocation by itself. The proper policy remedy would be to prohibit people from owning their own home until it was a very small portion…
It is worth about what it's worth, and that's not zero, but the difference between the median realized value and the mean realized value (upon which the price is set) is much higher than for public equities. The above…
You can use the rerere-train script in the git repo to populate rerere from existing merges. I use this when something in a merge has regressed a big feature branch and I need to bisect. I can train rerere then rebase…
This is only sorta true, the total dilution from SBC is very small for most tech companies with some outliers (cough snap cough). They may not purchase on exactly the vesting date but they certainly do offset the issued…
The annual price-appreciation of a home is usually lower than the risk-free rate (and thus the HELOC rate). If you "pay yourself" rent and use that to pay the HELOC down then it can make sense I suppose. It's just…
If you have public REITs active nearby you can do this comparison for real: if you buy ~1 unit's value in shares of that landlord you will probably own about 1/<however many units they operate> of the company and…
It seems like public (REIT) landlords haven't really been making an above market return. Admittedly they have constraints that private landlords don't, but they also own a metric shitload of rentals.
You are also not a charity and need to pay _yourself_ profits on the home you own yourself. Otherwise you're no different from a landlord offering below-market rent.
Renting also has hedges embedded, and every hedge can be a risk position. In particular the interest rate options in foxed mortgages are pretty expensive and it only hedges the cost of a particular house not housing in…
Many high cost-of-living places have this property. People bid up owner occupied home prices even when rents can't support them.
It's not true that paying off the mortgage makes it more advantageous to buy, home equity creates portfolio drag.
Eagh, the leverage really isn't that cheap, and you can think of renting as giving you cheap leverage too (it's just your borrowing the house instead of the money).
This article does not mention the opportunity cost of all the home equity you accumulate, which is frequently a big component of the overall cost of ownership.
The saying is "workers spend what they earn and capitalists earn what they spend". Capitalists don't need worker demand to support their own consumption; spending out of profits directly supports profits overall. It…
If they've eliminated all the jobs then presumably the economy has the idle productive capacity required to either produce the goods demanded by ubi recipients or produce the (real) capital required
The central sections of link were expensive because they're built through the center of the earth with really huge stations, some of this is to avoid impacting cars but much is just to get elevation changes. The…
I think sentinel-1 has a SAR instrument, it's very easy to see ships with that data
There is a fee implicit in the market spread. It's formed out of the time value of money w.r.t. the cost of NOT trading as well as the adverse selection faced by those with standing offers. Increased insider trading…
In that case you limit your upside as well as an insider, and have to deal with liquidity and slippage coming and going.
Polymarket "odds" I think are just the price of the contract * 100 right? That's not actually the predicted odds by the market because every single bet is also a bet on interest rates. A contract that literally 100%…
In theory this should limit the damage insiders can do, since as the probability of encountering an insider rises the market makers will need to widen the spread.
Uhhh what? If they take control of the server they have control over the box.
Cockpit tends to be less ad-hoc than others ime. Often it'll use dbus on the backend. It's also socket activated, which is nice.
It's because of the time value of money. Buying no is much like buying a bond. It doesn't mean there's a 16% chance. It's probably more attractive to gamblers when presented like this.
Mice can do that because they require so little bandwidth. Bluetooth has a latency/bw tradeoff (this is why Bluetooth microphones are so horrible, though the handsfree profile is also neglected generally).
I mean homeownership (with the intent to occupy the home yourself) causes this misallocation by itself. The proper policy remedy would be to prohibit people from owning their own home until it was a very small portion…
It is worth about what it's worth, and that's not zero, but the difference between the median realized value and the mean realized value (upon which the price is set) is much higher than for public equities. The above…
You can use the rerere-train script in the git repo to populate rerere from existing merges. I use this when something in a merge has regressed a big feature branch and I need to bisect. I can train rerere then rebase…
This is only sorta true, the total dilution from SBC is very small for most tech companies with some outliers (cough snap cough). They may not purchase on exactly the vesting date but they certainly do offset the issued…
The annual price-appreciation of a home is usually lower than the risk-free rate (and thus the HELOC rate). If you "pay yourself" rent and use that to pay the HELOC down then it can make sense I suppose. It's just…
If you have public REITs active nearby you can do this comparison for real: if you buy ~1 unit's value in shares of that landlord you will probably own about 1/<however many units they operate> of the company and…
It seems like public (REIT) landlords haven't really been making an above market return. Admittedly they have constraints that private landlords don't, but they also own a metric shitload of rentals.
You are also not a charity and need to pay _yourself_ profits on the home you own yourself. Otherwise you're no different from a landlord offering below-market rent.
Renting also has hedges embedded, and every hedge can be a risk position. In particular the interest rate options in foxed mortgages are pretty expensive and it only hedges the cost of a particular house not housing in…
Many high cost-of-living places have this property. People bid up owner occupied home prices even when rents can't support them.
It's not true that paying off the mortgage makes it more advantageous to buy, home equity creates portfolio drag.
Eagh, the leverage really isn't that cheap, and you can think of renting as giving you cheap leverage too (it's just your borrowing the house instead of the money).
This article does not mention the opportunity cost of all the home equity you accumulate, which is frequently a big component of the overall cost of ownership.
The saying is "workers spend what they earn and capitalists earn what they spend". Capitalists don't need worker demand to support their own consumption; spending out of profits directly supports profits overall. It…
If they've eliminated all the jobs then presumably the economy has the idle productive capacity required to either produce the goods demanded by ubi recipients or produce the (real) capital required
The central sections of link were expensive because they're built through the center of the earth with really huge stations, some of this is to avoid impacting cars but much is just to get elevation changes. The…
I think sentinel-1 has a SAR instrument, it's very easy to see ships with that data
There is a fee implicit in the market spread. It's formed out of the time value of money w.r.t. the cost of NOT trading as well as the adverse selection faced by those with standing offers. Increased insider trading…
In that case you limit your upside as well as an insider, and have to deal with liquidity and slippage coming and going.
Polymarket "odds" I think are just the price of the contract * 100 right? That's not actually the predicted odds by the market because every single bet is also a bet on interest rates. A contract that literally 100%…
In theory this should limit the damage insiders can do, since as the probability of encountering an insider rises the market makers will need to widen the spread.
Uhhh what? If they take control of the server they have control over the box.
Cockpit tends to be less ad-hoc than others ime. Often it'll use dbus on the backend. It's also socket activated, which is nice.
It's because of the time value of money. Buying no is much like buying a bond. It doesn't mean there's a 16% chance. It's probably more attractive to gamblers when presented like this.
Mice can do that because they require so little bandwidth. Bluetooth has a latency/bw tradeoff (this is why Bluetooth microphones are so horrible, though the handsfree profile is also neglected generally).