HJCinLA

Economics, Housing & Steel Modular Guy.
30% faster to market, 25% cheaper. Let’s build better 🏗️

[HJCinLA @Real__State]

Remove ego and blind-spots (bias). Our need to be right can be more important than our need to discover what is true. Stress test your beliefs and improve.

[HJCinLA @Real__State]

@mattbaran Huh

[HJCinLA @Real__State]

@iononrecourse That's where my father lived for years. He had similar stories. Crazy little town.

[HJCinLA @Real__State]

@Ilangabet @GavinRamonShow Looks fine to me.

[HJCinLA @Real__State]

@paulsaladinomd So don't buy one. Thanks for your post.

[HJCinLA @Real__State]

It's not actually. It's incredible - the amount of engineering that had to be created for the first time ever to make this possible. And you don't have to buy one 🥴

If you want to be jealous and angry at someone else's success, maybe don't post it for us to read online? Kinda cringe.

[HJCinLA @Real__State]

@andreas_krieg Ok man. Go have a tiny coffee.

[HJCinLA @Real__State]

@elonmusk One that doesn't only allow Chinese companies to mass post? Yes please.

[HJCinLA @Real__State]

@louischeung_hk I'm so proud of you. So exciting.

[HJCinLA @Real__State]

@LoganMohtashami Do you still hold the belief that the Fed is currently looking for increased unemployment rate?

[HJCinLA @Real__State]

When you pick a point, are you also making the educated assumption that others with your knowledge are also choosing this point. And therefore, it's something to watch. Or is this something that you specifically choose in your own models.

I'm trying to understand if there is a programmatic way to look at this data like others similar to you, or if it's something that you personally just rely on. Always appreciate your insights.

[HJCinLA @Real__State]

@Real__State No, look at the chart long term, you will see why I picked this point weeks ago

[HJCinLA @Real__State]

@LoganMohtashami @LoganMohtashami is the 5.35% mark important because it starts being a better alternative than investing in the stock market at that rate? And then secondary, it's basically breaking a record at that point, I believe 2008. So some of this is psychological?

[HJCinLA @Real__State]

@bobbyfijan Yes, but given what I'm reading about a potential lockout due to all the money they're spending, it might end up being good for baseball.

[Pirate Wires @PirateWires]

Celebrities like Angelina Jolie are selling their Los Angeles homes for millions below asking price. Others like Aaron Paul are even choosing to live in faraway countries rather than spend another minute in the city.

It’s not just a Hollywood trend, either: LA County as a whole lost roughly 54,000 residents last year, the most of any county in the US.

Why? Government regulations and ineffective socialist property taxes, of course.

LA’s “mansion tax,” which puts a 4% tax on property sales above $5 million to fund “affordable housing,” has inadvertently suppressed the sale of 9,100 homes, cost the equivalent of 16,650 construction jobs, and a class of small-time developers are getting crushed.

Meanwhile, the city has spent only about 10% of its collections from the tax, and on deeply questionable projects: one is an $800,000 per unit development that still hasn’t broken ground after 4 years.

In addition, condo construction, historically a stepping stone to homeownership for middle-class families, has collapsed by roughly 90% thanks to other burdensome regulations. All of this, of course, comes as the Palisades remains largely unreconstructed.

@nicolewizman1 breaks down how LA destroyed its housing market, triggering a massive exodus 👇

[HJCinLA @Real__State]

@CTourtellotte Honestly, it hasn't been good.

[HJCinLA @Real__State]

These are well thought out opinions and some of them have a lot of legitimacy behind them.

I think the quiet part is, they're looking for unemployment to increase. They're going to reduce demand, not from the expense, but from the lack of people demanding them. And there's a number that they are aiming for.

[HJCinLA @Real__State]

@ben_tensorboat @saintjavelin The conversation is about Ukraine, not India.

[HJCinLA @Real__State]

I think that just like with all of us, she is going through a process where she used to believe things based on headlines or whatever her inner circle told her. And now she's doing the work. She's seeing it and starting to believe. Probably she deserves an opportunity to wield that power as opposed to Karen, who is literally more of the same.

Yes, I have my optimistic sunglasses on today in case you were wondering.

[HJCinLA @Real__State]

@TribalPilot_634 @saintjavelin

[HJCinLA @Real__State]

@TribalPilot_634 @saintjavelin Who doesn't provide?

[HJCinLA @Real__State]

@Messier1991_92 @saintjavelin @elonmusk I think you're talking to the wrong person.

Hall vs. Seguin - who you got?