273 karma · joined May 7, 2018
If you want to build a bunch of units on your property:
1. A certain percentage has to be rented at an affordable rate (for 75 years).
2. If they aren't you pay a 'fee' into an affordability fund based on how much you build.
The fact they the owner claims they want to 'rent' to their kids is a red herring IMO. She wants to build 4 market rate units on her property, and not designate any of them as affordable.
They already need a highway expansion in Austin because of it
The only thing I would consider to be 'tax avoidance' in there is the Backdoor Roth, which is only used by a small subset of Americans because the majority don't make enough to need it. And even then the Backdoor Roth is a loophole/oversight that Congress is too cowardly to close.
The rest all serve different purposes, primarily to make necessary aspects of life (Retirement, Healthcare, etc) more affordable in our unaffordable country.
The headwinds against React are strong.
They were literally pump-and-dumping. This is, to the letter, illegal. Cramer is not doing that.
These 'analysts' on CNBC are supposed to follow disclosure rules.
Follow the rules, people.
They're only as safe as where they're parked.
The only solution are distributed dumpsters/large containers, which are not popular because nobody wants a dumpster in from of their building
This was in Kreuzberg and there seemed to be a lot of rats there because of some abandoned buildings and construction + fields of dirt for them to burrow in
Personally, I find the health benefits extension to be much more meaningful
1. Stomping out Grubhub and similar with massive spend.
Then...
2. Somehow profiting off of DashPass
How much of that is Doordash specific though. Sounds like restaurant issues. I could see the underestimate (I believe, at least, with some systems the wait time is manually controlled by the restaurant) as a means to get people to pick Doordash thinking it leads to a quicker meal.
I am lucky enough to live in New York, so even when tempted, I couldn't partake in this charade without trying to find a bunch of shady loopholes.
But as for the others, I guess you just can't win.
I'm sure many twitter employees thought he would drag his feet or the deal would fall through, and they'd have at least a year+ of time before he comes in.
Not to mention, money makes your influence increase, and the idea you can start influencing things like politics on a national scale becomes very enticing.
The experience of actually writing is much different than thinking up a story in your head.
Lots of strategic reasons to wait until 2022, not factoring his suspected health issues.
1. Sits on top of a former landfill
2. Is adjacent to LaGuardia Airport
Thus, there aren't many good options for redevelopment. Green energy/industry is definitely one of the best possible moves