16 sats \ 0 replies \ @nkmg1c_ventures 24 Apr \ on: The Realest People Don't Have a Lot of Friends FiresidePhilosophy
Shit i'm real as fuck
Medical bureaucracy/EHR stuff in the US insane and I'm sure exists simply to make people even more money. These numbers probably aren't what people see in their IRL billed experience, but due to how it's all accounted for with insurance etc, these numbers probably do move between accounts in some kinda double entry manner. That 11k-15k is probably taken from some database / spreadsheet where it's all the underlying billable items between providers etc.
What's the significance of the location of the bubbles, how they're drawn? Are they separate datasets?
It says the x-axis is the 12-month volatility. As we move along the x-axis and have assets with increasing 12-month trailing volatility, we expect to see increasing returns on a 1-month time frame. This makes sense, higher volatility higher returns.
The fact that the bubbles (even silver) have show up in colored clusters gives us an idea of the how each assets is grouped in different volatility ranges? OP halp
Can't improve wages and invest in real capital growth when everyone is servicing debt and handing out easy credit money to insiders who vanish and don't have to deal with the social cost
I recall reading that in Toronto (Ontario, Canada), boarding houses and other cheaper setups were phased out and looked down upon during more conservative decades (pre-WW2 in particular). They didn't want spinsters (lesbians), bachelors (gays), and other anti-establishment types (bohemians, anti-government types, communists) to alter the character of traditional neighbourhoods. Pretty wild stuff.
I posted an interesting proposed solution I came across yesterday -- endowment funds held in perpetuity to address homelessness.
The solution will likely meet political opposition because it takes away corrupt governments' cash cow of cheap labour and taxation.
I found this pretty interesting. I was thinking lately how it is possible that so many charities exist with huge amounts of money poured in an no one has meaningfully set up an endowment (fund held in perpetuity for a specific purpose) to address the lack of housing.
When I googled it I came across this from the Canadian Poverty Institute. Thoughts?
I think many of those 73K licensed real estate brokers, are actually just investors representing themselves. If you represent yourself in a purchase or sale, you can save ~2.5%. If the average property is $1.2M, thats $30K a pop.
Good point
The market will never meaningfully correct, sales will just become less frequent, with higher nominal sticker price imo. The Canadian government is dead set on mass immigration and there aren't even enough shoeboxes in the sky to go around, let alone single family home sales that realtors can piggyback on.