Recent content by kidmike41

  1. kidmike41

    The economy

    No they will not be at a negative cash flow position. They are able to charge below market rent because they don’t have to cover property taxes(this is a huge number) and then they don’t need to make a profit. They make sure that they cash flow.
  2. kidmike41

    The economy

    I am for solar, but not for cutting down forests for a solar farm. It needs to be over parking lots or on top of buildings.
  3. kidmike41

    The economy

    You could hire a 3rd party management company like other private owners. My idea is that the government owns and pays for it, but private entities develop and manage. Government can’t be trusted to not screw it up.
  4. kidmike41

    The economy

    I have never researched it, but I would imagine someone has done it.
  5. kidmike41

    The economy

    Government bonds have a much lower interest rate than typically development loan debt. They don’t lose money by not charging property taxes. Why pay taxes to yourself? Churches and other nonprofits don’t pay property taxes. The rent would be charged so that the asset break even accounting...
  6. kidmike41

    The economy

    We really need to be investing in infrastructure.
  7. kidmike41

    The economy

    The trade deficit seems to yo yo back and forth month to month. I don’t think we have seen a long term trend of imports decreasing on a large scale.
  8. kidmike41

    The economy

    You pay the developer a fee to deliver the housing. The local municipality could finance it with bonds well below market interest rates. The housing would not pay property taxes because the municipality owns it. They could then charge well below market rents making it affordable. The...
  9. kidmike41

    Military Strikes on Iran Imminent

    I saw this on X. I don’t understand. Why didn’t he act during his first term? Waiting for Iran to develop one way attack drones has made them much harder to deal with.
  10. kidmike41

    Military Strikes on Iran Imminent

    If they aren’t going to rise up now then it isn’t going to happen. And damn anyone that comes at me with, “but we told them to wait”. They don’t have internet access and revolutions don’t wait for another country to give them the green light.
  11. kidmike41

    The economy

    I hear you. I just don’t know another realistic was to solve the problem. Municipalities aren’t going to reduce zoning/architectural requirements anytimsoon.
  12. kidmike41

    Over the next few weeks, keep your eyes on the Middle East

    A A-10 warthog has been shot down as well. Pilot recovered.
  13. kidmike41

    The economy

    Switzerland sounds pretty nice
  14. kidmike41

    Over the next few weeks, keep your eyes on the Middle East

    Helicopter made it out and into Iraq. One of the F15 crew is out as well
  15. kidmike41

    The economy

    I think government housing unfortunately is the only way to deliver truly affordable housing. You have to take profit out of the equation. Now usually the government is so inefficient that they are more wasteful. My solution would be for local municipalities to higher real estate developers...