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Louis Rossmann has some interesting videos discussing the odd situation around housing/retail and the property oddness in New York.https://t.co/FVlIzp0De0
He had a podcast-like episode where he discusses this in terms of mortgage backed securities.Shits going to get real soon. Everything he discusses here applies in almost every city with housing weirdness.https://t.co/BdoCNwMaDA
I've been tracking a similar situation as a side effect of my interest in trying to predict where grocery stores are going to pop up (my slant: finding areas with food deserts due to this phenomena). AFAICT, this also applies to restaurants & coffee shops.https://t.co/VFra8nzyhO
If you squint, 90% of the grocery system is actually a secondary effect of land developers trying to turn a profit off of commercial space. That dynamic didn't occur in the boonies. There's was no money to be made leasing grocery store space. Now there is: https://t.co/AYQD4iEWpV
Aside from my own situation being very weird due to my health issues, this phenomena of land being used as a 'store-of-value' is one of the bigger reasons why I want to do this:https://t.co/JSWihhCs7o
In about 2 months I can afford a toolkit to help mass-produce hexayurts.https://t.co/LEI2m1i0za"we often find that lands that were forested a year ago are now covered with lake. Rivers that once ran clear are thick with sediment. Hillsides can liquefy"https://t.co/dsNDSlVtc0
Collapse is already here, just not evenly distributed?https://t.co/qOg0IGGZ8S
'What would Yanis Varoufakis do, if he were here today?' 🎶“There is no doubt, if you look at the pace of house prices over the past 20 years in Australia and the pace of value creation; they’re so out of kilter that something has to give.”https://t.co/p6Q8AnkXYK
Whoa, the collectivist model of the market failure is a near perfect extension of Yanis' "investment game" he describes here: https://t.co/HQ4djv3OMBAmazing what pops out when I start thinking about selling stickers on the open market and how tech companies are chasing fads.
Songs, popping in my head.https://t.co/GkQsfCxEd0
Stories, forming in slow motion.https://t.co/hlmtCtrNdd
Super-diffusion meets cascade failure.s/Technology/Schelling Point/"The Pace of Technology Adoption is Speeding Up"https://t.co/zo9rrpqzcghttps://t.co/ZyjhjbVmkm
I am high on caffeine and Taurine driven gaba/glutamate processes in my brain.The salience of things in my head may be broken.Take this bitter pill with a grain of salt.https://t.co/9mOggfDGX8
But how else does one update their priors?https://t.co/njCHJBj90o
"Faster & faster has a limit. What is really needed is thinking predictively. Knowing what to do 5-6 steps in advance. #PredictiveInnovation"Superlinear.https://t.co/9MdUIPcmUJ
'Pooka' popped into my head.Nay, its not a puka, its a 'puck'.As in "where is the puck headed"...https://t.co/40JIeEb7lc
Burning. Catalysts, accelerANTS.What am I looking for in this this weird pun?https://t.co/ggInGcoOdA
An aesthetic?No. Something else. Closer. Faster. Fire. Firestorm. Out of control.https://t.co/y469Uj5wkO
"These crimes between us grow deeperTake these chancesPlace them in a box until a quieter time" 🎶https://t.co/Gq5yQV4y5Q
Not an aesthetic. An ideology.Negative signalers going to signal.doi: 10.1098/rsif.2012.1009https://t.co/rlr9HNqVK7
"Does this woman understand that Accelerationism is even about? ALL of your ideologies, feminism included, will be sacrificed on the alter of progress.""She's one of the founders of accelerationism, so I'm sure she understands it very well."LOLhttps://t.co/ed3YAvWKiv
"A mortgage-backed security (MBS) is an investment similar to a bond that is made up of a bundle of home loans bought from the banks that issued them"https://t.co/FX6iuHFloc
Can we not have another bank collapse via a system analogous to sub-prime debt? Kthnx.https://t.co/GSa09wsZjf
"most of WeWork’s offices in urban areas across the US and Europe are sparsely populated and will need to be overhauled to space tenants out if and when they return"https://t.co/Q61mgX8fqi https://t.co/ixR2NUJk1E
I just learned KhanAcademy's own Sal Khan has a video series on Mortgage Backed Securities. From 2011.IIRC he was a 'hedge fund analyst' - so he probably knows his stuff here.https://t.co/aPStZplJBd
This is the renter all forlorn,That rented an office a pandemic had scorned,That lost the need that worried the investor,That bought shares that ate the risk,That backed the monney the bank had loaned,That paid for a property a landlord bought,That pays no tax, nada, zilch.
Bubblehttps://t.co/BdoCNwMaDAPophttps://t.co/KO29rRWhscElectrichttps://t.co/4g4O7CFOUC
Business as Magichttps://t.co/jwc0XuhqAr"But once you see it, you can’t un-see it."Useful Mistake. Metis.https://t.co/3opD5METt9
Seeing like an egregore running on top of metastasized legal code that runs on top of dying institutions.https://t.co/JTRtYRu2BKhttps://t.co/uODpsBG1AS
Nope'ing the fuck out."There is no such thing as an institutional quine, a self-contained institution that with no inputs perfectly replicates itself."https://t.co/cWrW44x2CLEverything is connected.https://t.co/vO1ruhnu0qGet out of my head lain.
These ideas I hide from my self.Not a past life, a false memory.Too many emotions and a narrative identity.https://t.co/VgtxvAeAV3Too much. No thru-line.https://t.co/V6f9GTDnfq
What's fun is recognizing/realizing that text is just encoded streams of narrative causality in which one human being tries to resonate thoughts in another human by way of something akin to associative hebbian learning. Temporal instantiations of meaning.https://t.co/kjhBNwXhQ6
"I give my life, not for honor, but for youIn my time, there'll be no one elseCrime, it's the way I fly to you I'm still in a dream, Snake Eater"🎶https://t.co/A4NhW7n2dLhttps://t.co/LQ0oDcPaY2
Learning things from video games is fun.https://t.co/sXE0kYrXCghttps://t.co/Q1QfV78r3j https://t.co/oFogGmg7ZK
"What other things do we pay for that are really just digital objects? Software certainly, but also music, TV, film, and books. Maybe the real story here isn’t how much a virtual property is selling for, but how much of our property is already virtual." https://t.co/qqHrOGo4Xa
Thats... Not good.https://t.co/YUI6nNKjQG
What could be happening?https://t.co/Dtw96YPLGg
"Diamond-Dybvig model provides an example of an economic game with more than one Nash equilibrium, where it is logical for individual depositors to engage in a bank run once they suspect one might start, even though that run will cause [...] collapse."https://t.co/4XCiCsj755
What could he mean by this? https://t.co/3cp1Ta2M0k
Buy a house they said. Get land rights to grow food they said.https://t.co/S144MsGCoX
Become a commercially backed farm, they said.https://t.co/vE6VZOe23I