They say that stocks go down during the day and up at night 3 years ago
Yea, and people who drive electric cars!
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andy_jensen
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That term doesn't exist
It will also cost a lot to get hit by 'enormous sanctions' plus it wouldn't really be a cost as opposed to a long term investment. China is currently investing heavily in the African infrastructure and I doubt Chinas intentions are philanthropically motivated
The notion that you earn 6 times more than your peers is also absurd. You dont work 6 times as hard/much and your time isn't 6 times more valuable than your friends. In my ideal world everyone made the same amount of money since we are all equal. Then you would get your software degree to avoid collecting garbage or wiping old people in a nursery home. Now think of CEO's making 100x other people
LA pays $2600 per homeless tent, per month 5 years ago
Homeless people of people with low income cannot afford $4k rent. Also I find it preposterous that people can make $7.5k/month in the first place from just house value increase. At the rate at which housing get more and more expensive we will soon reach a point where new home owners will never be able to fully pay a mortgage back
LA pays $2600 per homeless tent, per month 5 years ago
Even if we buy the exotic premise that investors would buy houses and leave them empty - generating zero rental income for these greed driven people - as an investment, we still have to explain why they would only do this with new housing stock.
Where I live the housing prices are expected to go up roughly 15% this year. So someone buying a house for 600k can expect to sell it for 690k making 90k. That is 7500 USD a month. If you wanted to make that much money from rent you would have to squeeze 4 or 5 tenants into the property. It is simply not worth the hassle trying to rent buildings out when house prices go up at such a high rate
Elon Musk, master promoter 5 years ago
So had Spectre in 1967 https://youtu.be/Dnaorqo6krg
Ask HN: Who wants to be hired? (April 2021) 5 years ago
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