I think short term rental lowers that risk by having more renters but none under contract. Air b&b is a terrible thing but also the local maximum for individuals
You can’t really raise a kid in the city without private school. Large school districts are super inefficient and have to spend lots of money to bring up kids from broken families. High quality schools cheat that problem by excluding poor families through expensive real estate thereby increasing the number of resources per student. It’s not fair but that’s how the game is played
You assume a free market economy that does not exist. Rent is a good example because regulation is driving it small land lords in favor of a few large corporate land lords that collude on rent using common algorithmic models.
My state has been infected by California copy cat syndrome and it’s destroying our cities. Every shitty California policy gets adopted here a couple years later and now we can’t build anything, Pay more taxes and have more crime. The supposed benefits never come through.
Same way you did with svb. A stable coin is basically a bank. They take in assets and generate tokens against them. If there is a mass withdrawal they would need to sell assets possibly at a loss to cover it. If they a duration mismatch then they eat the losses come withdrawal time. Go too fast and they depeg and boom
It’s worse than that because you don’t get preferred tax treatment for childcare so you have to pay for it in post tax dollars, plus on the low end those post tax dollars disqualify you from government benefits
Yeah I get that steel is a better material in many cases but building code is going to be slow to catch up, or wood simply has a grandfather clause that makes things simpler
In think the reason you can’t use metal is because building code is significantly more lenient for wood structures. As soon as you bring metal into the mix you get stuck with more complicated engineering and permits