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HGL  ·  8 days ago  ·  link  ·    ·  parent  ·  post: How to Buy a House the Wall Street Way

Sure you could use an algorithm to do this, but realistically how many houses actually get listed in any of the top 20 real estate markets on any given day in a price range/size that is suitable for renters. You could manually scan through all of them with a peon that gets paid $15-20 an hour. So really what they are selling is a promise that an algorithm can do it better so they can sell themselves for 100-300x of what they are actually worth

kleinbl00  ·  8 days ago  ·  link  ·  

You're looking at GRM. How much does it cost you to buy vs. how much money can you make off of it. And if you're crawling the data, you aren't limited to the top 20 real estate markets; you're limited to anywhere you have sales and rental data. And if you're a REIT... well, look at the numbers.

    The initial public offering of Invitation Homes on Jan. 31 raised more than $1.5 billion. The single-family REIT founded by private equity firm Blackstone in 2012 immediately became the largest listed company in the sector with an equity market cap approaching $7 billion. It boasts a portfolio of nearly 50,000 rental homes spread from coast to coast in 13 markets ranging from Atlanta to Los Angeles to Minneapolis.

If you're sitting on seven billion dollars and are tasked with the mission of turning a profit by renting single family homes, you're well beyond manually scanning. And if you aren't Blackstone, you start looking at doing your search third-party.

HGL  ·  11 days ago  ·  link  ·    ·  parent  ·  post: Pubski: September 12, 2018

Saddness, maybe hes worried that is social media postings could negatively affect his work. The Portland social justice gestapo is a powerful force.

HGL  ·  28 days ago  ·  link  ·    ·  parent  ·  post: Random Quotes of the Week (Aug26-Sep 1 2018)

Sounds like the perfect time for investors to cash out and find a greater fool

kleinbl00  ·  28 days ago  ·  link  ·  

They can go buy some Uber

HGL  ·  28 days ago  ·  link  ·    ·  parent  ·  post: Uber gears up for shift to bikes on short trips, CEO expects short-term financial hit

    And they're for profit.
- citation need.

Not really UBER is desperately expanding revenue at any cost, paying $1 for .25C of revenue seems withing their normal operation.

There are a lot of infrastructure related problems for bikes as well. Most cities arent designed for them and keeping a bike safe outside is next to impossible. The car-to-go business model wouldn't really work either if a large percentage of cars ended up with slashed tires, cut breaks and submerged in the lake.

kleinbl00  ·  28 days ago  ·  link  ·  

    - citation need.

To clarify: Uber has investors that are involved primarily for profit. That Uber is piss-poor at making a profit doesn't seem to have dissuaded them; Toyota just threw a half billion dollars at them despite the fact that their self-driving technology has difficulty discriminating between blown plastic bags and pedestrians.

The bike thing is definitely a problem. Bikeshares seem to end up thrown into lakes a lot.

HGL  ·  33 days ago  ·  link  ·    ·  parent  ·  post: Pubski: August 22, 2018

    They rounded up all the homeless. Because of course they did. They won't tell you that, though. Didn't make the news. Anaheim cleared their homeless out and faced no blowback so LA did it on the DL. No hotels needed. Prolly a public vagrancy/public trespass bust, followed by some Greyhound therapy. And nobody's come at me with a pool cue since but it don't sit right.

So good or bad? I think most people in my neighborhood would be ecstatic if that happened.

kleinbl00  ·  33 days ago  ·  link  ·  

For purely selfish reasons? F'n great. Mostly. There are still short-term homeless up in there but they're fail whale homeless. The junkies too burned out to get their shit out of the street. The ones who shit on the sidewalk. But they only last a week tops before the cops clean 'em out.

For deeper philosophical reasons? F'n sucks. It was a community in there of living, breathing, thinking, struggling people and holy fuckin' hell they had problems and I wouldn't wanna be them but I mean, I waved to some of 'em. They knew me, I knew them. They were just trying to live their lives. And if you're homeless and addicted to something or hearing voices or whatever, you can do a lot worse than living on the river. And now they're uprooted and alienated and still on the street and still someone else's problem.

Gay bond incoming? Good or bad I think when that happens it will cause such a social media circus that most people dont want to be involved in that.

kleinbl00  ·  34 days ago  ·  link  ·  

3 concepts I ran up the chain back when I was a screenwriter:

- You know who deserves a fuckin' movie? Moneypenny. She's this semi-homely receptionist who constantly gets hit on fakely by a drunk douchebag who mostly exists to create catastrophic messes in swank locales and third world countries that she has to coordinate the clean-up on. Let's do a movie about this forgotten woman and the fact that she basically coordinates the world for a hired killer with a martini habit.

Of course, "Moneypenny" is a series of books in which of course she's a secret agent.

- Let's do a movie about those guys who get shot immediately whenever Bond shows up - I want like three guys who work for SPECTRE or whatever but they're just trying to pay for their kids' school or their mom's dialysis or whatever and then this limey fuck with a sociopathic streak shows up and tries to blow up their secret moonbase.

"Nobody wants to do a movie about henchmen." (fun fact: I know not one, not two, but three former assistants who tried to get their bosses to sign off on The Walking Dead before Frank Darabont bought it)

- The only Bond scenario that makes sense is if he's a Chinese resident of Hong Kong who grew up in London and went to Eton and shit and faces all sorts of prejudice amongst upper class Britons all the while attempting to protect British interests in a world now dominated by an ascendant Communist nation.

"Silly rabbit. Jackie Chan would never be James Bond.

Quatrarius  ·  35 days ago  ·  link  ·  

gimme those bond boys

HGL  ·  36 days ago  ·  link  ·    ·  parent  ·  post: This article isn't even vaguely about Fortnite

    We look for competence — the need for mastery, progression, achievement, and growth. We need autonomy — the need for volition and freedom of control over our choice. And finally, we strive for relatedness — the need to feel like we matter to others and that others matter to us. Unfortunately, when considering the state of modern childhood, many kids aren't getting enough of these three essential elements.

Its because adulthood starts so late in modern times, used to be 12 then 14 then 18 and 21 now you are basically a kid till at least college is over around 22. In that decade between 12 and 22 young people aren't allowed to do anything that provides any meaningful sense of achievement. Adults wont let them into the real world and economy so young people have to carve out their own niche where they can be good and have achievements and adults cant compete.

When I was young that was the internet. I could navigate the internet much better than adults. I created websites, forums and even ran a small community to get my kicks. You cant do that anymore, as most users are in the Google/FB/Amazon Adult run and moderated walled garden so young people have adapted and found a place where they could get that achievement and that's competitive gaming.

Games are too good at meeting all of a young persons needs for progression mastery and achievement. A couple decades of iteration have really nailed down that formula to the point that there isnt much in reality that can compete. Merit badges, Titles, and championship trophy's all are less fun to get and less fulfilling than the social media rush that comes from being good at video games.

kleinbl00  ·  36 days ago  ·  link  ·  

Tony Judt argued in Postwar that "teenagers" as a demographic date pretty much back to the Marshall Plan. Prior to massive Cold War-driven investments in universities, factories and infrastructure, you were a kid and then pop you were an adult. With the advent of secondary school and modern mass media you ended up with an entire demographic that had money but no life essentials to pay for.

I used to brag about one set of grandparents didn't finish 8th grade while the other got kicked out of Harvard and Radcliffe respectively. However, when my grandparents were in 8th grade 8th grade was it. They took their free education to the limit. And really they did fine, thanks.

HGL  ·  36 days ago  ·  link  ·    ·  parent  ·  post: This article isn't even vaguely about Fortnite

If the kids agree to play fewer hours/do homework in exchange for me paying for coaching I might consider it.

HGL  ·  47 days ago  ·  link  ·    ·  parent  ·  post: Make Your Daughter Practice Math. She’ll Thank You Later.

Maybe, or maybe she will decide that she doesn't want to work in tech because its not very fulfilling to her and she doesn't want to work 60+hrs a week for a 35 year old boy, in a company where sexual harassment is normal and accepted, where her coworkers think that the only reason she has this job is because the company has a diversity quota. Maybe, just maybe she wants to have a kid and a life outside of work. Money is a good reason to choose tech, but there is a whole lot of other reasons to stay away.

kantos  ·  47 days ago  ·  link  ·  

I have a sneaking suspicion I could ctrl+G tech and replace it with most markets, sadly. Though, empowerment (the article at hand) is a first step to the decisions that may lead down those paths. Empowerment doesn't necessitate those realities afflict her.

HGL  ·  47 days ago  ·  link  ·    ·  parent  ·  post: How's your local restaurant scene? Well, it's struggling

That not new though, hasn't it essentially always been that way? Restaurant business is tough, margins are low, consumers are fickle, and the owner is exposed to all sorts of problems from high rent to high fuel prices and shitty economy. That hasen't seem to have stopped a ton of different new places from opening up in Seattle and many of them have crazy long lines, small portions and high prices.

HGL  ·  69 days ago  ·  link  ·    ·  parent  ·  post: Japan, EU sign massive free trade agreement

This is a win for japan and a loss for Europe. Japan will export high tech high quality stuff that will completely crush lagging European manufacturing. In return they will get booze and cheese.

kleinbl00  ·  69 days ago  ·  link  ·  

And I'm not aware of a Japanese love of cheese.

HGL  ·  85 days ago  ·  link  ·    ·  parent  ·  post: US Corporate debt tops $6T

Doesn't the government own all the student loans? The corporate debt unraveling will be nasty though I think that will be fuel for the next financial crisis. If corporate bankruptcy courts get clogged up and become unable to clear the backlog that will become really nasty really quickly.

Think about that... people living paycheck to paycheck suddenly not getting a paycheck. People who dont have $500 of float would loose 1-2 weeks of salary and wouldn't even be able to file and collect unemployment fast enough to soften the blow. Having that happen in mass is downright scary.

The thing about the housing crisis is that it was really slow to happen and people who were affected by foreclosure actually ended up with a short term income boost due to not having to pay rent. If companies go bankrupt suddenly accounts just get frozen, employees abruptly loose income, and it sends shock waves though the entire system.

All this extra scrutiny is brining to light a bunch of bad actors and policies that have been happening in the background without anyone noticing for probably many years. So in that sense there is hope that something good can come from something bad.

HGL  ·  105 days ago  ·  link  ·    ·  parent  ·  post: California's largest lake is dying, leaving toxic dust behind

Ha thats funny it does look like the fallout video game.

HGL  ·  109 days ago  ·  link  ·    ·  parent  ·  post: After Evergreen

Probably the best article ever published in the stranger. Its actually completely out of place with their other content.

kleinbl00  ·  109 days ago  ·  link  ·  

Naaah they have their moments. They're usually so busy being indignant about heterosexual people with careers that they can't be sussed but every now and then they hit one out of the park.