Your information is correct in general, but there are many exceptions that prove the grandparent correct. My apartment was built in the last 10 years (i.e., after 1970), rents for close to $4k, and IS rent stabilized.…
In NYC the cost of buying/selling an coop/condo can be more than 10% of the total purchase/sale price. See for reference: https://www.brickunderground.com/blog/2015/03/closing_costs So the cost to buy/sell a $1mm…
Qlik was sold to Thoma Bravo, a private equity firm, about two years ago for $3B. Not sure if that's a relative bargain compared to this deal or if it makes the $15.7B look totally unrealistic. As of a few years ago the…
> Wrong. NASA funding now is high as it was during avg. appollo years. That's not a true statement, unless you're talking about non-adjusted nominal dollars (that while technically true, is somewhat misleading). In…
If by the future, you mean five years ago: https://techcrunch.com/2014/01/18/amazon-pre-ships/ "Amazon has filed a patent for a shipping system designed to cut delivery times by predicting what buyers are going to buy…
Yes. In 2016 the FTC stopped Shinola from claiming their watches were "made" in America. Much more accurately they were "assembled" in America (Detroit) from foreign parts [1]. I entirely agree with the FTC, their…
Also of interest, Malcolm Galdwell's podcast* "Revisionist History" had an excellent episode on CTE in football. He made an analogy to smoking. Evidence had long suggested that smoking was dangerous, but it was only…
See this N.Y. Times article focusing on Plattsburgh, NY: https://www.nytimes.com/2018/09/19/nyregion/bitcoin-mining-n...
See St. Louis Fed data from FRED: https://fred.stlouisfed.org/series/MANEMP It's true that manufacturing jobs are on the rise, but it's still fairly clear what the long term trend looks like.
Your information is correct in general, but there are many exceptions that prove the grandparent correct. My apartment was built in the last 10 years (i.e., after 1970), rents for close to $4k, and IS rent stabilized.…
In NYC the cost of buying/selling an coop/condo can be more than 10% of the total purchase/sale price. See for reference: https://www.brickunderground.com/blog/2015/03/closing_costs So the cost to buy/sell a $1mm…
Qlik was sold to Thoma Bravo, a private equity firm, about two years ago for $3B. Not sure if that's a relative bargain compared to this deal or if it makes the $15.7B look totally unrealistic. As of a few years ago the…
> Wrong. NASA funding now is high as it was during avg. appollo years. That's not a true statement, unless you're talking about non-adjusted nominal dollars (that while technically true, is somewhat misleading). In…
If by the future, you mean five years ago: https://techcrunch.com/2014/01/18/amazon-pre-ships/ "Amazon has filed a patent for a shipping system designed to cut delivery times by predicting what buyers are going to buy…
Yes. In 2016 the FTC stopped Shinola from claiming their watches were "made" in America. Much more accurately they were "assembled" in America (Detroit) from foreign parts [1]. I entirely agree with the FTC, their…
Also of interest, Malcolm Galdwell's podcast* "Revisionist History" had an excellent episode on CTE in football. He made an analogy to smoking. Evidence had long suggested that smoking was dangerous, but it was only…
See this N.Y. Times article focusing on Plattsburgh, NY: https://www.nytimes.com/2018/09/19/nyregion/bitcoin-mining-n...
See St. Louis Fed data from FRED: https://fred.stlouisfed.org/series/MANEMP It's true that manufacturing jobs are on the rise, but it's still fairly clear what the long term trend looks like.