CC

[CC @CmColpoys]

@stoolpresidente Didn’t watch full interview but in this clip she’s not “crying woe is me” - she’s mourning the loss of her baby. If I drink and drive and hit someone I can be sad about it even if it’s entirely my fault… missed boat on this one

[CC @CmColpoys]

Hockey town. Just give the city Monday off

[Spittin' Chiclets @spittinchiclets]

BUFFALO IS AN ABSOLUTE ZOO 😂

[CC @CmColpoys]

Stephen Miran wrote a great longer form paper on this. In economic theory, floating currency is supposed to balance trade imbalances. However USD gets extra demand by being reserve currency. A hidden export tax on goods

[Dylan LeClair @DylanLeClair]

Very interesting exchange from March 2023 between JD Vance and Jerome Powell.

Vance questions Powell on how the world reserve currency status and a strong $USD impact the U.S. domestic economy.

Triffin Dilemma & Dutch Disease top of mind for the Trump admin... (0:50 start)

[David Harsanyi @davidharsanyi]

No one is in charge. That's why they're cheap.

[Nick Veronica @NickVeronica]

When I think about the Sean McDermott era, ending the drought is what comes to mind. I think about his face in this video.

[CC @CmColpoys]

It was mostly Josh’s fault. Every other playoff loss was not. The defense this year did its best with horrible personnel. Time to fire McDermott was 2 years ago not after arguably his best coaching job given weak roster. Time for something new but not moving gm too is insane

[Warren Sharp @SharpFootball]

Josh Allen manned up and took the blame for the last Bills loss

4 turnovers are obviously hard to overcome

in that same game, McDermott's defense allowed:

73-yard touchdown drive
70-yard touchdown drive
69-yard touchdown drive
75-yard field goal drive
64-yard field goal drive

[Warren Sharp @SharpFootball]

a harsh & truthful look at Sean McDermott:

Josh Allen is the #1 BEST playoff QB since 2020

even in losses, Allen is the #1 BEST statistically

but McDermott's defense allows 33 ppg in playoff losses

KC vs the Bills D? 35 ppg

KC vs everyone else? 25 ppg

unacceptable

[Benjamin Solak @BenjaminSolak]

Since drafting Josh Allen in 2018, the Bills have drafted 56 players.

2 of them (James Cook and Dawson Knox) have made Pro Bowls.

[CC @CmColpoys]

It was McDermotts fault in 2020-2022 culminating in the 13 seconds debacle. He should’ve been fired then. Since then he’s had a number of blunders but the GM has been awful. Need a fresh slate on both, this move feels 3 years late and gm firing will be another 3 late

[Howard Simon @hsimon62]

I know there are plenty of you who think McDermott is the main reason they didn’t win a Super Bowl. I think you can certainly blame the KC playoff losses on his defense. But the bigger issue is a flawed roster right now and that’s on the GM who is apparently staying.

[CC @CmColpoys]

And he’s bad under pressure. We can’t get pressure with four and play a bend but don’t break quarters. Blitz a little, increase the variance. Playing long defensive possessions isn’t a good strategy when you have a good offense. Turned up heat in 3Q and he stunk.

[Carl Jones @Jones11_]

Per @NextGenStats Bo Nix was pressured on 20% of his dropbacks. That's the 5th lowest number of his season.

The Bills have to continue to pour resources into the DL and fix that pass rush

[CC @CmColpoys]

Very true. Most Super Bowl teams (including those QBd by the greats) don’t have 4 flawless QB games in a row. Many have multiple stinkers. Bills hadn’t even won when Allen was perfect historically let alone a game like last night.

[MeRk @Merk256]

A team doesnt lose its season on 1 replay review. It loses it slowly, through thin depth, attrition & pretending “good enough” is championship build

Reality: If your QB has to be superhuman to beat good teams, you dont actually have a good team, you have a miracle dependency

[Bills Chat Podcast @BillsChatPod]

The series of events that led to Dane Jackson being on the field for 1 play last night is remarkable.

1. Waiving Ja'Marcus Ingram to make room for Darius Slay who didn't report.

2. Having Max Hairston on the field in the 4th quarter of a 35-0 meaningless week 18 game.

[brandon🇨🇦 @SiNuTrmon]

Funny enough both of these guys were on the roster today because Beane decided to cut Ingram and claim Slay without asking either McDermott or Slay if they wanted that

[CC @CmColpoys]

Notre dame and Buffalo bills. Maybe I’m the problem

[CC @CmColpoys]

This was egregious. I know the int was a toss up yesterday and PI on white was probably correct however, stepping back and looking at 6 years and the bills have been on wrong side of a ton of calls. You’d think mathematically they’d have a few ones go their way.

[K L @BuffaloKL]

Please respond

[CC @CmColpoys]

This 6 year stretch is worse than 4 Super Bowl losses in a row

[CC @CmColpoys]

Josh allen has some of the greatest playoff stats ever and has never been to blame outside of maybe the cinci loss but today definitely has a lot on him. End of first half, missed a few big throws. Didn’t get a ton of help but still. Oh and fire mcdemott

[CC @CmColpoys]

Health insurance is tied to employment because FDR meddled in the market and added price caps to private employer wages in WW2. They offered this to incentivize workers on top of it. The Frankenstein of US healthcare is result of a century of government interference/regulation

[wanye @xwanyex]

Never a bad time to talk about how absolutely insane this policy is. We have these big, highly productive cities in which it’s really difficult to build any new housing for the millions of people who want to live there, which means that the existing units are in high demand and command very high prices. But then simultaneously we set aside very large numbers of these units specifically for the least productive poor people in the country.

So you have a situation where if you are very rich, then you can afford to buy a unit, and if you are very poor, then a unit will be given to you, but the overwhelming majority of average, middle class Americans are locked out.

Who would vote to enact this situation if it didn’t already exist?

[CC @CmColpoys]

Right on all counts. Not to mention initial investors own something tiny like <0.5% of inventory. If I want to landlord a home in a suburb I might require 3k to break even, blackstone can do it for 2k. Result? Lower rents and more building.

[Jay Parsons @jayparsons]

How's this for irony?

Just days before President Trump announced a ban on institutional investors buying homes, a bunch of academics in the American Real Estate & Urban Economics Association awarded its annual prize for best doctoral dissertation. The co-winner?

"The Impact of Institutional Investors on Homeownership and Neighborhood Access" by NYU’s Joshua Coven, who is now a professor of real estate at Baruch College in New York City.

So, what did Professor Coven conclude from his peer-reviewed and peer-honored study?

Three key conclusions, in his own words:

1) "I find that institutional investors increase the quantity of rentals and lower rents on net because their ability to operate large portfolios at scale outweighs the incentive to use market power to decrease the rental supply."

In other words: More scale = more supply = lower costs for operators (due to scale) + lower rents for renters (due to increased competition).

2) "Institutional investors decrease the quantity of homes available for homeownership and raised prices, however the homeownership impact is 1/5th of what it would be if there were no supply response and the price impact is far below the observed association between institutional investor purchases and actual price increases."

In other words: Yes, every sale impacts prices. But the impact is lower than generally assumed. Additionally: Coven found that if institutional buyers were removed, more than 60% of the homes they bought would have otherwise gone to small investors -- not individual homebuyers.

3) "I find that renters from regions with lower median incomes, worse school test scores, and lower historic economic mobility move into institutional investor rentals."

In other words: Single-family rentals help diversify neighborhoods with families who couldn't otherwise afford to buy homes there -- providing kids access to better schools and better upward mobility.