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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    1. Vapor Weyve‏ @Nymphomachy 22 Oct 2020

      Vapor Weyve Retweeted

      man wtf does a trailer park landlord even do, other than leech off poor people? isn't it basically a parking lot for trailers? https://twitter.com/smotus/status/1319142601014951936 …

      Vapor Weyve added,

      This Tweet is unavailable.
      10 replies 15 retweets 126 likes
    2. Arthur Chu‏Verified account @arthur_affect 22 Oct 2020
      Replying to @Nymphomachy

      They provide the utility hookups, but yeah even compared to normal landlords a trailer park landlord mostly gets money for nothing

      3 replies 0 retweets 29 likes
    3. Arthur Chu‏Verified account @arthur_affect 22 Oct 2020
      Replying to @arthur_affect @Nymphomachy

      It's a very pure demonstration that real estate investing is really about land, not houses (which is what the famous "location, location, location" aphorism boils down to)

      2 replies 0 retweets 22 likes
    4. penitent admirer‏ @loudpenitent 22 Oct 2020
      Replying to @arthur_affect @Nymphomachy

      It's kind of interesting how it feels like talking about land as a tradeable commodity has been culturally discouraged for a while. Feels vaguely conspiratorial.

      1 reply 0 retweets 1 like
    5. Baal Ska Tov‏ @mssilverstein 22 Oct 2020
      Replying to @loudpenitent @arthur_affect @Nymphomachy

      It's an unusual commodity, too, because it can't be moved (obviously) and is unique in each instance, despite being plentiful. So there's a lot of complexity in the related economics.

      1 reply 0 retweets 1 like
    6. penitent admirer‏ @loudpenitent 22 Oct 2020
      Replying to @mssilverstein @arthur_affect @Nymphomachy

      But it feels like there was this cultural shift where for at least a portion of the population talking about buying it, or building things on purchased land, was Archaic and Not Done. Its History Stuff. You're "supposed" to buy/rent *houses*.

      2 replies 0 retweets 0 likes
    7. Arthur Chu‏Verified account @arthur_affect 22 Oct 2020
      Replying to @loudpenitent @mssilverstein @Nymphomachy

      I mean I guess The easiest money to make in real estate and the market that most impinges on people's lives is residential and has been for a long time

      1 reply 0 retweets 2 likes
    8. Arthur Chu‏Verified account @arthur_affect 22 Oct 2020
      Replying to @arthur_affect @loudpenitent and

      It is true that developed property jumps up in value over undeveloped land by a LOT, and exploiting this inefficiency is how developers, house flippers and landlords all get their profit margin (the house adds more money to the land than it took to put in to build/improve it)

      1 reply 0 retweets 3 likes
    9. Arthur Chu‏Verified account @arthur_affect 22 Oct 2020
      Replying to @arthur_affect @loudpenitent and

      But at the same time we all know that the physical house, itself, cannot be an appreciating asset any more than any other physical manufactured thing usually is - houses deteriorate over time with wear and tear, the technology in them goes obsolete as we learn to build better

      1 reply 0 retweets 3 likes
      Arthur Chu‏Verified account @arthur_affect 22 Oct 2020
      Replying to @arthur_affect @loudpenitent and

      And the illusion that it's the "house" that really appreciates and not the lot underneath it does obscure a lot of the economic realities of how all this works

      11:01 AM - 22 Oct 2020
      • 4 Likes
      • asexual potato Irenes (many) Baal Ska Tov penitent admirer
      1 reply 0 retweets 4 likes
        1. penitent admirer‏ @loudpenitent 22 Oct 2020
          Replying to @arthur_affect @mssilverstein @Nymphomachy

          Yeah!

          0 replies 0 retweets 1 like
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