Jordan Deyrmenjian

[Brian Halligan @bhalligan]

I don't remember where I found this, but its spot on.

[Brivael Le Pogam @brivael]

Elon Musk avait dit un truc qui m'avait marqué sur l'allocation de ressources. En substance : passé un certain niveau de richesse, l'argent n'est plus de la consommation, c'est de l'allocation de capital.

Cette phrase change tout.

L'économie, dans le fond, c'est juste un problème d'allocation. Tu as des ressources finies et des usages infinis. Qui décide où va quoi ?

Imagine une cour de récré. 100 enfants, des paquets de cartes Pokémon distribués au hasard. Tu laisses faire. Très vite, un ordre émerge. Les bons joueurs accumulent les cartes rares, les collectionneurs trient, les négociateurs trouvent des deals. Personne n'a planifié. Et pourtant chaque carte finit dans les mains de celui qui en tire le plus de valeur. Le système maximise le bonheur total de la cour. C'est ça, la main invisible.

Maintenant fais entrer la maîtresse. Elle trouve ça injuste. Léo a 50 cartes, Tom en a 3. Elle confisque, redistribue, impose l'égalité. Trois effets immédiats. Les bons joueurs arrêtent de jouer, à quoi bon. Les mauvais n'ont plus de raison de progresser, ils auront leur part. Les échanges s'effondrent. La cour est égale, et morte. Elle a maximisé l'égalité, elle a détruit le bonheur.

Le problème de la maîtresse, c'est qu'elle ne peut pas avoir l'information que la cour avait collectivement. C'est le problème du calcul économique de Mises, formulé en 1920. L'URSS a essayé de le résoudre pendant 70 ans avec le Gosplan. Résultat : pénuries, queues, effondrement. Pas parce que les Soviétiques étaient bêtes, parce que le problème est mathématiquement insoluble en mode centralisé.

Quand Musk a 200 milliards, il ne les consomme pas, il les alloue. SpaceX, Starlink, Neuralink, xAI. Chaque dollar est un pari sur le futur. Et lui a un track record. PayPal, Tesla, SpaceX. Il a démontré qu'il sait identifier des problèmes immenses et y allouer des ressources avec un rendement spectaculaire.

L'État aussi a un track record. Hôpitaux qui s'effondrent, éducation qui décline, dette qui explose, services publics qui se dégradent malgré des budgets en hausse constante. Le marché identifie les bons allocateurs, la politique identifie les bons communicants.

Le profit n'est pas une finalité, c'est un signal. Il dit : tu as alloué des ressources rares vers un usage que les gens valorisent suffisamment pour payer. Plus le profit est gros, plus la création de valeur est grande. Quand Starlink est rentable, ça veut dire que des millions de gens dans des zones rurales ont enfin internet. Quand un ministère est en déficit, ça veut dire qu'il consomme plus qu'il ne produit. L'un crée, l'autre détruit, et on appelle ça redistribution.

Dans nos sociétés il y a deux catégories d'acteurs. Les entrepreneurs et les bureaucrates. L'entrepreneur prend un risque personnel pour identifier un problème, mobiliser des ressources, créer une solution. S'il se trompe il perd. S'il a raison, ses clients gagnent, ses employés gagnent, ses fournisseurs gagnent, l'État collecte des impôts. Il est la cellule de base du progrès humain.

Le bureaucrate ne prend aucun risque personnel. Son salaire est garanti. Au mieux il maintient une rente existante. Au pire il la détruit par excès de réglementation, mauvaise allocation forcée, incitations perverses qui découragent ceux qui produisent. Mais dans aucun cas il ne crée.

Regarde les 50 dernières années. iPhone, internet civil, SpaceX, Tesla, Google, Amazon, Stripe, mRNA, ChatGPT. Toutes des inventions privées, portées par des entrepreneurs, financées par du capital risque. Pas un seul ministère n'a inventé quoi que ce soit qui ait changé ta vie au quotidien.

La France est devenue le laboratoire mondial de la dérive bureaucratique. 57% du PIB en dépenses publiques, record absolu. Une administration tentaculaire, une fiscalité qui pénalise la création de richesse. Résultat : décrochage face aux États-Unis, à l'Allemagne, à la Suisse. Fuite des cerveaux. Désindustrialisation. Dette qui explose.

Et le pire c'est que la mauvaise allocation s'auto-renforce. Plus l'État prélève, moins les entrepreneurs créent. Moins ils créent, moins il y a de base fiscale. Plus l'État s'endette et taxe. Boucle de rétroaction négative parfaite. La maîtresse pense qu'elle aide, et chaque année la cour produit moins.

Dans nos sociétés, ce sont les entrepreneurs, toujours, qui font avancer la civilisation. Les bureaucrates au mieux maintiennent une rente, au pire la détruisent. Aucune société n'a jamais progressé en taxant ses créateurs pour subventionner ses gestionnaires.

La question n'est jamais qui a combien. C'est qui alloue le mieux la prochaine unité de ressource pour maximiser le futur de l'humanité. La réponse depuis 200 ans n'a jamais changé. Ce ne sont pas les fonctionnaires.

[Elon Musk @elonmusk]

You are a taker, not a maker. All you’ve done your whole life is take from the makers of the world.

The zero-sum mindset you have is at the root of so much evil. Once you realize that civilization is not zero-sum and that it is about making far more than one consumes, then it becomes obvious that the path to prosperity for all is just let the makers make.

Regarding Tesla, the reality is that I have been given nothing.

However, if I lead Tesla to become the most valuable company in the world by far and it stays that way for 5 years, shareholders voted to award me 12% of what is built. Anyone who wants to come along for the ride can buy Tesla stock.

If Tesla “merely” becomes a $1.999 trillion dollar company, I get nothing. This is a great deal for shareholders, which is why they voted so overwhelmingly to approve this, for which I am immensely grateful.

And they did so by a margin far more than you won your political seat.

[Jordan Deyrmenjian @JordanD_17]

Vlog 12: Building the Future of Renting While Staying Sane
Really opened up and got vulnerable on this one. Let me know if you give it a watch
https://t.co/nv9W3qakUO

[Jordan Deyrmenjian @JordanD_17]

POV: You're 27 with 200+ Properties on Airbnb (and they award you for it)

https://t.co/qJsq2FllcG

[Charlie Kirk @charliekirk11]

The number one ranked golfer in the world, Scottie Scheffler:

"I'd much rather be a great father than be a great golfer."

Worth watching this entire answer as a man who's reached the pinnacle of his sport wrestles through what really matters in life.

[tobi lutke @tobi]

This is what Canada was like 11 years ago. Everything that caused this to change was a choice. We can choose to get back there. At least In principle, either party can do it.

[∩ @zachpogrob]

Every word, every pixel, every second. They all count.

[Tim Cook @tim_cook]

I'm so proud of the many teams across Apple developing powerful technologies that are improving people’s lives. The Hearing Aid feature on AirPods Pro 2 uses your personalized sound profile so you can hear the moments that matter.

[Elon Musk @elonmusk]

The truth will set you free

[DogeDesigner @cb_doge]

The day that changed the course of American history.

[Elon Musk @elonmusk]

Let that sink in

[Jordan Deyrmenjian @JordanD_17]

For full context per my perspective on the questions asked. See below:

Response To the Daily Hive

1. Are all properties either owned by Artin/Jordan?
- No, not all properties are owned by me. I operate a business that provides furnished rental accommodations primarily on platforms like Airbnb. My business model involves collaborating with property owners to list and manage their properties, ensuring guests have a comfortable and memorable stay.

2. What would you say to people who are concerned about this sort of use of the platform when rental housing is so limited?
- I completely understand the concerns, especially given the housing situation in Vancouver. The pressing need for affordable housing in British Columbia is undeniable. Born and raised in Vancouver, I vividly recall my own looming anxiety of securing a future in my beloved city. However, it's essential to differentiate between short-term and 30-day rentals and long-term housing. The properties I manage cater to a distinct segment of guests, many of whom come through our network and platforms such as Airbnb. We serve people in emergency situations, those affected by events like the Kelowna fires, displaced families due to flooded homes and frozen pipes bursting though the winter, patients with extended hospital needs and surgeries, professionals from the film industry, and businesses that play a vital role in Vancouver's economy. Removing these rentals from the market won't necessarily increase long-term housing availability. Instead, it would put those who need transitional housing into a compromised position, making Vancouver a less desirable place to explore and less inclusive for those wanting to visit or potentially settle and start a family here. It is also important to note that these people seeking home rentals often require home specific living spaces, such as amenities like kitchens and pet-friendly yards, which traditional hotels lack. From an economic supply/demand perspective, the impact of short-term rentals on housing affordability is minimal. If all STR and 30-day rentals were removed, it wouldn't significantly affect housing prices but would push those seeking short-term accommodations towards hotels, increasing demand and prices there, which could negatively impact Vancouver's tourism and economy.

3. How will your business model change considering BC's new regulations?
- Change is a constant in business, and adapting to new regulations is part of that. While I understand BC's new regulations, my primary focus will remain on serving the unique needs of guests seeking furnished accommodations. This might involve diversifying the types of properties I offer, working more closely with property owners to ensure compliance, or even exploring new ways of helping those in need of transitional and transitory furnished housing. My goal is to continue improving on our service while staying compliant with all local regulations. I anticipate that the legislation will see revisions in the future. There will be a significant negative impact if the definition of a short-term rental remains anything less than 90 days, especially for major cities like Vancouver, Victoria, Surrey, and Kelowna.

It's crucial to highlight that the furnished rental industry, especially the 30-day rental segment, plays a vital role in Vancouver's housing landscape. It's not just about tourism; it's about offering a home away from home for those genuinely in need. Whether it's a family displaced by natural disasters, a patient undergoing medical treatment, or a professional on a short-term assignment, these rentals provide a service that traditional hotels often can't.

The broader conversation should focus on creating a balanced housing market that caters to both long-term residents and those needing temporary accommodations, without compromising Vancouver's unique character and appeal.

[Jordan Deyrmenjian @JordanD_17]

For full context per my perspective on the questions asked. See below:

Response To the Daily Hive

1. Are all properties either owned by Artin/Jordan?
- No, not all properties are owned by me. I operate a business that provides furnished rental accommodations primarily on platforms like Airbnb. My business model involves collaborating with property owners to list and manage their properties, ensuring guests have a comfortable and memorable stay.

2. What would you say to people who are concerned about this sort of use of the platform when rental housing is so limited?
- I completely understand the concerns, especially given the housing situation in Vancouver. The pressing need for affordable housing in British Columbia is undeniable. Born and raised in Vancouver, I vividly recall my own looming anxiety of securing a future in my beloved city. However, it's essential to differentiate between short-term and 30-day rentals and long-term housing. The properties I manage cater to a distinct segment of guests, many of whom come through our network and platforms such as Airbnb. We serve people in emergency situations, those affected by events like the Kelowna fires, displaced families due to flooded homes and frozen pipes bursting though the winter, patients with extended hospital needs and surgeries, professionals from the film industry, and businesses that play a vital role in Vancouver's economy. Removing these rentals from the market won't necessarily increase long-term housing availability. Instead, it would put those who need transitional housing into a compromised position, making Vancouver a less desirable place to explore and less inclusive for those wanting to visit or potentially settle and start a family here. It is also important to note that these people seeking home rentals often require home specific living spaces, such as amenities like kitchens and pet-friendly yards, which traditional hotels lack. From an economic supply/demand perspective, the impact of short-term rentals on housing affordability is minimal. If all STR and 30-day rentals were removed, it wouldn't significantly affect housing prices but would push those seeking short-term accommodations towards hotels, increasing demand and prices there, which could negatively impact Vancouver's tourism and economy.

3. How will your business model change considering BC's new regulations?
- Change is a constant in business, and adapting to new regulations is part of that. While I understand BC's new regulations, my primary focus will remain on serving the unique needs of guests seeking furnished accommodations. This might involve diversifying the types of properties I offer, working more closely with property owners to ensure compliance, or even exploring new ways of helping those in need of transitional and transitory furnished housing. My goal is to continue improving on our service while staying compliant with all local regulations. I anticipate that the legislation will see revisions in the future. There will be a significant negative impact if the definition of a short-term rental remains anything less than 90 days, especially for major cities like Vancouver, Victoria, Surrey, and Kelowna.

It's crucial to highlight that the furnished rental industry, especially the 30-day rental segment, plays a vital role in Vancouver's housing landscape. It's not just about tourism; it's about offering a home away from home for those genuinely in need. Whether it's a family displaced by natural disasters, a patient undergoing medical treatment, or a professional on a short-term assignment, these rentals provide a service that traditional hotels often can't.

The broader conversation should focus on creating a balanced housing market that caters to both long-term residents and those needing temporary accommodations, without compromising Vancouver's unique character and appeal.

[Daily Hive Vancouver @DailyHiveVan]

Metro #Vancouver #Airbnb host with over 150 listings responds to criticisms 👀https://t.co/esQhzQBCIf

[Jordan Deyrmenjian @JordanD_17]

@tiffyleeson @VancouverRHN Heres him 🤷🏽‍♂️🤣

[Jordan Deyrmenjian @JordanD_17]

🙋🏽‍♂️

[Daily Hive Vancouver @DailyHiveVan]

Metro #Vancouver #Airbnb host with over 150 listings responds to criticisms 👀https://t.co/esQhzQBCIf

[Jordan Deyrmenjian @JordanD_17]

@CamLanglois And its just the start babayy!