Hacker Newsnew | past | comments | ask | show | jobs | submit | smuss77's commentslogin

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.


> "No, because even if rents dip 20% I can make the mortgage payments and repairs and wait for the market to recover."

20% is the guaranteed max price he would pay on capital gains tax assuming he's held the property for more than a year, and then he'd have the money in the clear. His "even if..." scenario is not the worst case scenario for not selling.


Guess they haven't figured out you can't masters yourself to competency, or they know and don't care.


>> or they know and don't care

Thereby proving that the emperor has no clothes.


When this gets here: see ya later solar panel companies.


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.


No matter what system is put in place, their are large, determined, and even some well funded groups which will game any and all systems to modify, censor, or punish others if you allow them the power to 'group moderate', especially in the political space - which is a very large part of twitter.


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...)


http://www.nakedcapitalism.com/ Economics/politics/finance blog by yves smith http://www.zerohedge.com/ Anti-establishment finance/economics/politics


I used to love ZeroHedge, but their signal:noise seems to have gone way downhill in the last year or two. There was always more than a healthy dose of paranoia and unconfirmed news, but it's gotten harder and harder to find the "good stuff".


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)


Hey! I'll bring it up in discussion and see if there's anything we can do to make this easier for you. In the meantime, have you thought about using your own authoritative DNS servers?


Thank you. We hadn't, but that's a great suggestion. Might try that.


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.


It shows founder commitment -- a willingness to put their own personal savings at risk to help the company survive.

It's "savings" in the penny-saved, penny-earned sense.


A penny saved is not a liability, it is an asset.


We use MySQL internally.


Help us test our security. First person who can breach our security wins a new 15" fully loaded MacBook Pro.

https://hackthis.inversoft.com


Haswell or Skylake? It isn't an old one is it?


Whatever you want baby


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: