ed25519 verify key: 6614c7acfe8e7419bbc26709d7f0fdcc55d8258f205a95173ce37e42e1715462

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Joined 1 year ago
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Cake day: June 23rd, 2023








  • I’m not sure you can blame short term rentals for this happening in desirable vacation spots worldwide. People have become much more mobile, and a decade of very cheap interest rates mean that there is no more “run down cheap cabin in the woods” any more. Even for owners who have owned those properties for many years, insurance costs and taxes have spike along with the housing costs.

    I own a home in a very expensive area with extremely limited geography that prevents additional development, but also has in place a practical ban on short term rentals- 28 day minimum. This has not led to more affordable housing, but rather a lot of empty vacation homes owned by very wealthy people and $700/night hotel rooms. Also, locals being pushed out due to spiralling insurance and property tax increases. All without short term rental being a factor.








  • We are usually diametrically opposed to taxing spending, but what about a corporate luxury tax on stock buybacks? Buybacks are the latest scheme to inflate executive and top shareholder pay while at the same time making capital unavailable when needed. Claim chapter 11, negotiate debts, lay off employees, rinse and repeat. Moral hazard.






  • I’m not the kind of person who wants a new car always either. I have a 15 year old Acura with 200k on it. At $300/month, I no longer have gas or maintenance expenses, and I don’t have to pump gas any more. Figuring in the cost savings, I figure I’m driving a $50k car around for around $100 month. Idk what will happen in 2027 when I give this thing back to them, but it definitely would have cost me more than $3600 in repairs over three years with a 200k mile Acura.