@chamath@chamath CA’s wealth tax is an asset seizure that ignores the productivity gap. We’ve built a "Housing Factory" in Ontario—the PowerHaus Stack. Using modular IP to rebuild the asset class from scratch for 90% less friction. It’s a private sector lead on wealth, zero grift.
@friedberg caught your treadmill commments on @theallinpod Redistribution via taxes just leads to more grift. The private sector can solve the asset gap directly. At Geohaus, we’re live in Ontario, Canada using a modular stack to create wealth for the public. No funding needed; just seeking your systems advice on a US expansion @chamath@DavAIdSacks@Jason
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@C_AnthonyMilton@C_AnthonyMilton we are already doing this. All because Bill 23 in Ontario, and the fact many municipalities are now allowing fourplexes as-of-right. The policies are there to let this happen and we have a number of baby boomers helping with this cause. https://t.co/0s0leP0ZtQ
@RE_MarketWatch @vwmannn These are the preliminary design concepts for our garden suite ADUs. Trying to make them a little more spacious. Would appreciate your thoughts
@RE_MarketWatch It’s a leasehold property where a monthly rent is paid for the land, property maintenance, etc. Great alternative for 1st time buyers if in an urban setting, with the land lease payment being similar to a condo fee. You don’t own the land but at least equity built up in home
Rishi Sunak’s U-turn on Covid tests for China passengers is a warning to Beijing to play by the rules
Hopefully @JustinTrudeau wakes up soon! https://t.co/Tm97cQGPjK