Ban sports betting.

Puerto Rico necesita un subgobernador electo.

This sounds great, but it's not possible. It's YIMBY populism.

It's reverse causation. Rising prices/rents induces building. Building does not cause high prices/ rents.

Usually, rent growth just decercerlates somewhat. It rarely actually falls. Austin was just an incredibly volatile building cycle where rents were rising at 25 percent a year. Euphoric devs rushed in and crashed the rental market. We should not try to stop it from repeating

Lol, YIMBYs independently resdiscovered the building cycle and think every single one plays out like Austin. These folks mean well but they are entirely out of their depth.

Everyone who invested in Austin got crushed. Good luck raising any money to fund the next Austin. It's a repeated game. YIMBYs are so out of their depth it is pathetic.

Nobody who supports continued territorial status should be welcomed into the Democratic party. The purpose of political parties is to gain power. Territory supporters are literally useless idiots. They have nothing to offer Democrats at the national level.

The United States had a shitty concession in Tianjin for 40 years which is morally equivalent to Japan killing twenty million people.

Cuomo is actually not wrong that the benefits of rent stabilization are very, very unequally distributed.

Introduction of every RCT development economists paper be like

Yet another person independently discovers the building cycle. A huge run-up in building activity followed by a crash is hardly unique to the GFC. A more interesting question is if we could modulate the volatility of building, would more housing get produced over long

Do people actually think “buildings near train stations can be 7 stories instead of 3” is “dereg”? I continue to be flummoxed by the passion from people on all sides of this question to insist that “dereg” is an apt or effective descriptor. Makes zero sense to me.

Yeah. I like my neighborhood a lot, but if skyscrapers suddenly penciled in Bayamón I would sell my house at likely 5x or more what I paid for it and move to another suburb. 🤑 Hazlo realidad, Ramon Luis Rivera.

No. The broad asset market equilibrium, with very high required returns to hold and operate illiquid assets like apartment buildings, combined with high materials cost and construction wages in rich areas, means high rents are mostly a market outcome.

Gonna make everyone hate me but I don't think either change is that big a deal in a macro sense. Most areas where apartments are viable already have zoning. Glass-Steagall being in place would not have stopped Bear Stearns or Lehman from blowing up.

This is just Axis apologia. Millions were still living under Japan's brutal occupation, and some of the deadliest fighting took place in the final months of the war.

This is correct.

Late in the war, it is more nuanced. Some of the Japanese war cabinet were open to surrender, even unconditional surrender. However, even after the first bomb fell at least half the cabinet wished to continue the war.