Jamin Watson

[Jamin Watson @BwatsTO]

@michael_wiebe In Irrational Exuberance Robert Shiller says offhandedly that pretty consistently after big price run-ups supply advocacy groups arose and mitigated/reversed the trend in various regions over his data's timeframe, but I'd liked if he had mentioned specifics

[Stephen Gordon @stephenfgordon]

Help!

We're trying to move Worthwhile Canadian Initiative from Typepad (which is shutting down) to WordPress, but we're told that Wordpress has a maximum import size of 15 MB - our import file is 89 MB.

Is there any way around this?

(Please RT)

[Jamin Watson @BwatsTO]

@armedcyclist @TheStalwart @Noahpinion That is the point, how are you missing it. There were not enough lifeboats on the titanic, and it's dumb to count lifeboats far far away. But when it comes to housing you're counting houses far far away.

[Jamin Watson @BwatsTO]

@armedcyclist @TheStalwart @Noahpinion So you realize someone on the Titanic isn't well served by the numerous lifeboats on vessels/docks thousands of KMs away, yet suggest a vacant house in Flint MI is countable supply for someone trying to live in LA thousands of KMs away.

[Jamin Watson @BwatsTO]

@armedcyclist @TheStalwart @Noahpinion There were tons of unused lifeboats when the Titanic sank too, just not in the right place.

[Jamin Watson @BwatsTO]

@armedcyclist @TheStalwart @Noahpinion Where? 1000 families that want to live on an island, 100 houses, might get 96 households, 4 houses inbetween owners, and a high price set by 96th richest. With 800 houses, get 768 houses occupied, 32 between owners, much lower price. ~x% vacant usually frictions, not longterm S/D

[Jamin Watson @BwatsTO]

@TheStalwart @Noahpinion He's measuring the demand for lifeboats of the titanic by only counting the people that made it onto lifeboats.

[Transluce @TransluceAI]

We tested a pre-release version of o3 and found that it frequently fabricates actions it never took, and then elaborately justifies these actions when confronted.

We were surprised, so we dug deeper 🔎🧵(1/)

https://t.co/IdBboD7NsP

[Jamin Watson @BwatsTO]

@TheStalwart "This is why we get up on sunday afternoons"

[Jamin Watson @BwatsTO]

@mattdbowes Sorry still confused: demand in Time0 causes homes built during T1 allowing that demand to move in and their income allocated to city, then this study says "there is demand shock (total income growth) in T1 so should find even more supply (correlated shock) in T1/2, but don't"

[Jamin Watson @BwatsTO]

@mattdbowes My confusion with the paper is it treating income growth as demand growth, when it's just as easily a revelation of supply capacity: People move to a region when it builds housing (labor market is larger region), and this paper is surprised the region builds similar next year?

[Millennial Moron @Mill_Moron]

For the past ~9 months I've been working on a video about the CPPIB and their active investment management strategy for the CPP, what it costs us, and how it's performed. Anyway, the video is super long but it's finally done. https://t.co/QNLReQTWqe

[Taylor Ogan @TaylorOgan]

BYD's Zhengzhou factory is already enormous, and it's getting even bigger. Here's Tesla's largest factory, for comparison. That blue line is 2 miles.

[Oliver Habryka @ohabryka]

I compiled all the emails released as part of the Musk v. Altman lawsuit in chronological order (link in reply).

IMO a really valuable read. Extremely consequential decisions made in these emails.

[Twinworks @twinwrks]

🚀 We're excited to announce Twinworks—the tool for fast, realistic 3D renderings! Instantly update properties to match buyer vision & drive engagement. Visit and book a demo today! https://t.co/1xTv3yZQqu #PropTech #RealEstate

[Jamin Watson @BwatsTO]

@LeoSpalteholz Schrodinger's condo: simultaneously 100% vacant while also 100% occupied by people that drive around during rush hour

[Jamin Watson @BwatsTO]

@TheCromenockle @MikePMoffatt Road networks are tricky. A system with capacity for 100 cars per hour might only accommodate 60 cars p/h when congested. Possible you add a lane for best-case capacity of 120 cars per hour, but get little capacity increase in reality if more cars again make it congested.

[Jamin Watson @BwatsTO]

@chribreuer @akarlin

[Jens von Bergmann @vb_jens]

Not liking this framing. Saying shrinking household size is a "contributor to the housing affordability crisis" is essentially blaming housing problems on the increased lifespan of older people. (Plus it reverses causality, household formation is downstream of housing pressures.)

[Jamin Watson @BwatsTO]

@Noahpinion