Yesterday in St. Paul, ICE conducted a targeted operation of 2 convicted sex offenders. One of the criminal targets had convictions for sex with a minor and sexual assault. The other target had convictions for sex assault with penetration in the first degree, domestic violence, and violating a protective order. Both also have convictions for failure to register as sex offenders. They both have final orders of removal from an immigration judge.
The US citizen lives with these two convicted sex offenders at the site of the operation. The individual refused to be fingerprinted or facially ID’d. He matched the description of the targets. As with any law enforcement agency, it is standard protocol to hold all individuals in a house of an operation for safety of the public and law enforcement.
Both of these sexual predators remain AT LARGE in St. Paul. We will be providing the public with photos and descriptors to help us locate and apprehend these public safety threats.
Apollo just released a 126 page report on the state of the housing and real estate market
Some charts that caught my eye
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1/ Average monthly mortgage payment on a new 30 year mortgage now sits at $2665
You clowns continue to insinuate that this wealth tax is magically going to be spent effectively. Why can you not get it through your head that the reason there is no money for the programs you wish to create, is because the MONEY IS BEING STOLEN AND ABUSED!!!
Allow your tiny brain to wonder for just one minute, WHAT IF the current tax revenue being STOLEN is actually the reason you don't have money for your little welfare programs????
Kaz is it possible to be the 'best experience in homeownership' while also being a shrewd purchaser?
IMO they are antithetical to each other; a large component of the homeowner experience will ultimately be the net proceeds they receive, where as to be an effective purchaser you must be consistently buying property well under market value.
A lot of you have never had to sleep in your car, and it shows.
The idea is not that $250 compounded is going to make a life-changing impact on its own. Optimistically, that money could grow to $1,400 over 18 years, which isn't enough to do much.
What it does is teach children about investing over time. You watch the money grow, become curious about how it all works, and feel like you have some control over your life. Agency, for those on the margins, is a superpower.
For low-income families, investing is usually not a priority; survival is. You hear about investing from time to time and have some loose understanding that it could be helpful, but it's something "other people do" and not for you.
I remember long stretches of my life where I looked at "other people" and simply assumed that wasn't a viable path for me. They were good, smart people, which is why they had money, and I was not. Which is why I had to learn how to make $20 last a week.
No one in my life taught me about investing; it wasn't a priority. Other stuff was. People find the time and money for things that are important to them, so if no one tells you investing is important, you don't prioritize it.
Giving children in lower-income zip codes a window into what investing might look like could fundamentally change the trajectory of their lives. Not all of them, but even a small percentage who see a path out becomes meaningful.
Dunking on the Dell's donation is a tell that you've had a pretty smooth path through life, so congrats. It also shows you don't understand 2nd and 3rd order impacts.
A mentor early in life, teaching me about how money works, would have saved me years of pain. Perhaps this can be that lesson for a few kids.
I was having a similar conversation recently.
It really is an interesting thought because there is no good price discovery mechanism other than putting your home up for sale.
Too much energy is being focused on trying to disrupt other facets in this industry, I would love to see someone try to introduce a better valuation system.
There’s so much nuance to real estate values it’s impossible for an algorithm to pick up those things. You can’t just blanket a price per square foot across a certain radius and call it a valuation. In my market for example, values are literally dependent on the exact street they are on. All sub-markets are different.
We’ve seen Zillow and Opendoor lose billions of dollars buying properties via bad pricing models.
How can it be improved???