One of the causes of this is the 1031 tax exchanges (allows a person/company to roll over a gain on real estate into a "like-kind" asset, again: real estate). I have a friend that has rolled over a few houses and duplexes into ever more valuable property (he's done well, but he's levered 3-4x). I've often asked him, "when will you cash out?" His answer, "I can't, I don't want to pay the capital gains tax." "Are you worried about a crash?" "No, because even if rents dip 20% I can make the mortgage payments and repairs and wait for the market to recover." I don't know how much this has driven real estate speculation in my area (Denver, CO), but if there is a semi-serious market turn, enough to cross some sort of pain threshold for speculators, there's got to be some forced selling.
Readit Newssmuss77 commented on Las Vegas Housing Weakness Signals the Slowdown Is Spreading wsj.com/articles/las-vega... · Posted by u/spking
smuss77 commented on Welcoming Tech Talent from Around the World to France visa.lafrenchtech.com/?vi... · Posted by u/julien_c
Wow you have to have a graduate degree to even be an eligible employee, never mind.
Guess they haven't figured out you can't masters yourself to competency, or they know and don't care.
When this gets here: see ya later solar panel companies.
smuss77 commented on Progress on addressing online abuse blog.twitter.com/2016/pro... · Posted by u/daegloe
It might seem small, but it's a big step in the right direction. Every block/report on a user/tweets could be rolled up and adjust a spam/abuse score for that user. That would allow twitter users to set a threshold for users that show up in their feed (tweets blocked for that user, akin to google's safe search).
One challenge of this is attempts by groups to harm a user's score by blocking/reporting non-hate/spam. This requires a block or report to be weighted by the blocker/reporter's credibility. It's definitely doable, * Warning Shameless plug* a product I've worked on https://www.inversoft.com/products/profanity-filter handles these situations well. Without some type of credibility tracking it's usually incorrect to blindly trust reports/blocks.
smuss77 commented on Ask HN: How do you get people to use your product when you suck at networking? · Posted by u/ziggystardust
There's a ton of competition. Try something else.
Attack a niche. You can't take the big guys on head-to-head, so take a small bite out of them... Pick a niche technology and then optimize SEO and launch a small ad buy for it. http://stackoverflow.com/research/developer-survey-2016#tech... (or magento, wordpress, unity, etc...)
smuss77 commented on What are your rabbit holes on the internet? (For instance, HN one we all share) · Posted by u/textread
http://www.nakedcapitalism.com/ Economics/politics/finance blog by yves smith
http://www.zerohedge.com/ Anti-establishment finance/economics/politics
smuss77 commented on Backups added to Linode API alpha engineering.linode.com/20... · Posted by u/eatonphil
smuss77 commented on Backups added to Linode API alpha engineering.linode.com/20... · Posted by u/eatonphil
Any chance Linode can shorten the time it takes to update the zone records? We use Linode for spinning up instances, but we're having to look elsewhere for DNS due to the delays (15 min or so)
I really like the transparency and accountability.
Two questions: Why are the two loans necessary? And, how does a loan get counted as savings?
> Leo and I are committing $100k each in the form of a loan at the lowest possible interest rate, with repayment only when Buffer reaches a healthy financial position. Savings: $200,000.