Unreal numbers 👀⚡️ "JPMorgan estimates that, had Germany not phased out nuclear power, the country would have generated 50% less electricity from fossil fuels and 84% less electricity from natural gas in 2024. Electricity prices in Germany would have been around 25% lower, and

Guys we can do so much better than “freeze the rent” we can literally just build a fuck ton of housing and crater the cost. No tax dollars needed. LEGALIZE BUILDING

Good morning! Today could go down in history as the most expensive day ever for NY taxpayers. Public employee unions are right now headed to Albany to pressure Gov. Hochul into retroactively sweetening their pensions and slashing their retirement age to 55. Some background...🧵

$42k+ per pupil in NYC schools, and we don’t even get nationally average instruction hours for that spending

This is what should have happened in 2008. Florida and Arizona should have bottomed out and building should have recovered. Homes there would have lost 25% like they have in Austin recently. And economically, we barely would have noticed. 1/

I can’t believe New York State has a $10 bln deficit, NYC is facing its own $10 bln FY27 deficit, and 31 school districts are designated to be in fiscal stress and yet the state legislature is seriously considering doing this.

An idea: hyperscalers get federal financing rates, clean firm power at scale, and procurement aggregation that breaks the transformer bottleneck. The public gets full cost causation, ratepayer insurance, and an organized constituency for FERC reform: searchlightinstitute.org/research/seizi…

affordable housing and luxury housing are fake words they do not exist. the only housing that exists without government subsidies is market rate housing, and building more of it will make prices go down, that's how supply increases work

Two reasons/realities: 1. NYC’s budget assumes strong tourism revenue this summer. We should be maximizing it. 2. >240,000 visitors are expected during the World Cup window and hotels will already be near capacity. The question isn’t whether they come - it’s whether they stay

Sweet Jesus. This is new construction in Austin. 50k units delivered in the past three years, 15k more on the way. Rents are down ~22% since the peak. Credit to the team at Northmarq Austin for putting this together.

The wide projecting cornice. So regal, so NY… And 100% ILLEGAL to build today. The 1968 building code reduced the allowance of projecting elements from 3ft to 10 inches. We’re building ugly to indulge the wacko opinions of regulators from 60 years ago.

Good Housing Theory of Everything post right here

Residential parking permits would become another immortal institution like NYCHA or taxi medallions - Reform/price changes will be politically impossible - Years-long waiting lists - Residents will resell permits for 10x what they paid - NYC will later let people inherit permits

It's wild to watch the federal push for more housing collapse in real time b/c of baseless panic about large investors owning homes. Senate just voted 89-9 to advance an effective ban on build-to-rent homes, which would reduce new supply by an est. 50k a year.

This is very exciting, cool news. But it underscores how difficult it will be to build 500,000 units over the next decade, which is what we'd need to do to make housing abundant and affordable in NYC. Virtually all new projects filing for 485-x are 99 units or less to avoid

It has always been ridiculous that the Council decided to allow year-round sidewalk cafes but not year-round curbside dining. It’s time to fix that so that there’s more space for New Yorkers to eat outside on gorgeous days like today!

Here's a crazy-yet-telling apartment stat: Among the top 15 markets CUTTING rents, they collectively had 2x more demand (absorption) than the top 15 markets INCREASING rents. Why? Because it's all about supply, not weak demand or affordability etc. Among the top 15 markets

“it’s also a story about a pernicious tactic of delaying-through-reports. This is a way of exercising a veto while still seeming reasonable,.” This is why we can’t build, and why what we do build is somehow expensive yet poor quality. Each time we delay moving forward what is

As Maya MacGuineas explains, right now we spend $6 on seniors for every $1 on kids under 18. When Social Security began, seniors were the poorest — today children are. To add insult to injury, we have mortgaged their future with $39 trillion in debt and growing. It is immoral

In Louisiana, the Democratic hair braiding licensing bill would require 600 hours of training at a licensed cosmetology school, an annual exam, and a fee. The Republican bill would require an annual 20-question health and safety exam and a fee. Why are Democrats like this?