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anm89

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www.9news.com.au 3y ago

Post IPO Aussie buy now, pay later company Openpay collapses

anm89
2pts0
www.youtube.com 3y ago

Life in the Coal mining camps of the Southern Appalachia Coal fields

anm89
2pts0
intuitiveexplanations.com 3y ago

Replit used legal threats to kill my open-source project

anm89
112pts8
news.ycombinator.com 3y ago

Tell HN: Jan 2023 has already had 1/3 of the total yearly tech layoffs for 2022

anm89
17pts5
www.theishtargate.com 3y ago

List of Sumerian Personal Names

anm89
2pts0
www.cmegroup.com 3y ago

CME Fedwatch: View what's priced in rates futures by outcome probabilities

anm89
1pts1
news.ycombinator.com 3y ago

Tell HN: Shopping for land: Last piece I viewed is up 5550% over 13 years

anm89
1pts3
www.youtube.com 3y ago

AI Music Video in the Style of Salvador Dali – All Caps – MF Doom and Madlib

anm89
1pts0
www.youtube.com 3y ago

Strong Bad live codes the toptoast mod for Sea Battle

anm89
2pts0
www.cnbc.com 4y ago

Italian PM Mario Draghi says he will resign

anm89
3pts0
www.car.org 4y ago

Pending home sales declined 30.6 percent in May in California

anm89
43pts19
www.coingecko.com 4y ago

NFTs are down roughly 75% by floor price over the last 45 days

anm89
5pts10
www.redfin.com 4y ago

Redfin: Sudden and significant cooldown in housing market in May

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11pts1
www.usnews.com 4y ago

New Home Sales Down 27% Year on Year 16% for the Month

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cdn.nar.realtor 4y ago

Association of Realtors reports weakening housing dynamics [pdf]

anm89
1pts0
www.youtube.com 4y ago

Printing Trillions of Dollars May Not Cause Inflation [CNBC 2020]

anm89
4pts1
www.esquire.com 4y ago

The $2B Mall Rats: How a small hedge fund shorted Mall debt

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2pts0
www.barrons.com 4y ago

House Passes $1.5T Spending Bill

anm89
9pts4
www.youtube.com 4y ago

Podcast: How the Soviets pioneered TV as a channel for propaganda

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1pts0
www.youtube.com 4y ago

Podcast: Mohamed El Erian: The End of Easy Money

anm89
6pts1
news.ycombinator.com 4y ago

Ask HN: What's Russia's Endgame in Ukraine?

anm89
24pts66
news.ycombinator.com 4y ago

Ask HN: Have you switched jobs specifically in response to inflation?

anm89
5pts1
news.ycombinator.com 4y ago

Ask HN: How to Pitch Startup that purchases land and builds

anm89
2pts3
www.youtube.com 4y ago

Russel Napier: Investing for Inflation (Feb 2021)

anm89
1pts1
www.churchonfourteenth.com 4y ago

Show HN: I bought and Sold the house of my dreams within a year

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1pts3
www.reuters.com 4y ago

Evergrande threatens wider Chinese real estate market

anm89
16pts1
news.ycombinator.com 4y ago

Ask HN: Resources for understanding shifts in Chinese policy

anm89
6pts6
m.youtube.com 4y ago

Vice: 40M People Rely on the Colorado River, and Now It's Drying Up

anm89
3pts0
www.youtube.com 4y ago

Why Stocks and Bonds Are Not Inherently Diversifying

anm89
2pts0
nomadsunfinder.herokuapp.com 5y ago

Show HN: Nomad Sun Finder Like the Well Tempered Traveler

anm89
4pts1

I like this article but this is actually a good point. "The rich" is mostly used in a negative way.

I'd argue this is because most attempts to reduce large groups of people to an idea like "the rich" or "the poor" are done in bad faith.

A support of this would be, within academic sociology or economics these terms will be used in a non slur way and it's because they actually have a reason to be thinking in terms of these groups instead of throwing them out as stawmen for some argument

The entire top level point of the article, the part that is literally the focus of the title, is a recommendation not to call groups by names they don't like.

Did you read the article? Or did you read the first two paragaphs and decide it was wrong thought and go to yell to the internet?

"so unsure what makes it ill-conceived"

The headline of the article is that it has lost 50% of it's value. During that same multi year period we have had well over 10% inflation.

So Maybe that part. Yeah I'm gonna go with that part.

Or maybe the investors just hate money and were going for -60% ROI. Who knows.

Realtors And especially real estate brokers, have ripped apart our society with cartel like tactics so they can grab a few percent on each bit of the destruction.

I hope the book is thrown at them as harshly as possible.

Claw back those earnings and put it into funds to clean up the mess that has been made

You seem to think people are going to cower in fear at giving the socially unacceptable(to a specific kind of person) answer here.

Yes obviously people should not buy things they can't afford. If that means you can't have a pet or a 90k pickup truck, or the shoes you want or whatever then so be it.

Totally bizarre that you see this as some sort of gotcha to phrase it this way

Absolutely f**ing rubbish. No. This is dead wrong. You are speaking authoratively but you don't know what you are talking about.

There is nothing inherently superior about debt/gdp. It is one good metric for tracking debt but is in no way the one true metric or intrinsically superior to other debt metrics and importantly it cannot give you a reasonably complete picture of the fiscal situation of a country because it is lacking the key component of incorporating rates and flows.

Japan has more than double our debt to GDP but this is able to not catastrophically blow up in the short term because their interest rates and therefore interest expense is low.

Again, really sad , but not rrally surprising to see low quality drivel stated authoratively as the top answer

I used to love epsilon theory and was a paid subscriber at one point. But I increasingly find his writing style to be obnoxious to the point of being intolerable.

He likes hearing himself sounding poetic, which mostly just sounds trite, more than he likes talking about markets which he is actually pretty good at

wow! this account which was just created to tell you how much they love some paid service is definitely authentic and trustworthy!

Thanks for the very cool tip (not advertisement) bro!

I'm referencing the 2M+ short term rentals in the US. Obviously not all of them are but let's just say more than half. That's a lot of inventory sucked off the market. More than double the total number for sale right now.

The US does not have a shortage of single family homes. It has a shortage of single family homes that are being used as single family homes.

The data in this video is unambiguous. Sales down 40-50% in cities where there are 4x more Airbnbs than homes for sale. Some of those houses WILL be entering the market as operators cannot handle the negative cashflow. These will be either hard or soft forced sales but let's be clear, many sellers will have no say in the matter.

Fail to understand this dynamic at your own peril. Housing is not nearly secure as many people are suggesting at the moment.