Housing inflation hawk 🐦‍⬛

Housing theory of everything remains undefeated

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@JustinWolfers @NickTimiraos Because reporting on backroom gossip is definitely what stenographers do. (Exhibit #3479 MAGA doesn't actually think it's in charge of the government)

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@michaelturton I get what you're saying about domain knowledge but there is also statistics (unfortunately not what most people mean by "critical thinking" however)

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@AngelicaOung A progressive war means a defensive one, on the side of the party whose territory has been violated.

Mock the concept all you like (not sure Kagan believes it either), but it's a bit disturbing that the distinction doesn't even seem to exist anymore!

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@DarioCpx I love the way he just casually drops that the US is going to enact export controls in his interviews, and interviewers don't question him on that

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@4xCaliban Big missed opportunity because one of the best uses of AI is to connect you with intellectual communities which have already worked on the problems you're interested in and align your vocabulary so that you can communicate with them.

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@RajaKorman Housing costs are the low hanging fruit: they make American labor expensive and simultaneously draw in tons of foreign capital through mortgage repurchases.

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@NewLeftEViews I'm confused about what you're confused about. Net debt stock is healthy, yes, but the pricing mechanism by which you would access those external assets is currency depreciation.

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@ddshore @TrueSlazac Meanwhile ignoring the net time they don't spend in line

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@BlackScholesMan QT + lack of forward guidance reveals that as the intention. Either one alone wouldn't change term structure. Both together are their own form of yield curve management.

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@Scholars_Stage The refined version of that argument is that proper alignment of incentives both increases wealth and tilts outcomes toward cooperation. Simply dropping a bag of money on someone won't reduce conflict.

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@kamilkazani The US may be free, but the voting public is slave to gas prices.

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@JimDMiller @RichardHanania Sounds like you're a robot doomer rather than an AI doomer

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@mattyglesias Retirees are literally the capital class. They make money off of invested assets, and vote accordingly - but nobody's ready for the implications of that kind of Marxism.

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@stevehou There's a more specific reason wrt AI doomerism. The British are obsessed with reliving their colonial guilt. They see the (real) parallels with the industrial revolution and extrapolate that to power seeking. That's why the most glib anti-AI takes often have a British accent.

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@drvolts Doesn't an LVT just turn everyone against upzoning? It immediately increases everyone's land value assessments, long before any new construction to capture those rents.

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@SwannMarcus89 Pedocommunism hasn't been true since the 60s. This is a right problem.

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@matthew_d_green O(1). After you've already been completely pwned, you're not going to be more pwned simply by having a longer codebase.

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@Birdyword Naturally increasing prices of existing assets is zero sum, just a sign of a good economy. But getting there through supply restrictions is negative sum.

(I haven't read the book yet, but plan to.)

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@vpalsmith33 The size of a region doesn't correspond to its density

[Housing inflation hawk 🐦‍⬛ @DS_in_Taipei]

@aleks_sharik @paulg @Scholars_Stage Immigrants have roofs which need fixing. Even low-skilled immigrants. Everyone thinks they only work and save.