We need to think of housing like any other good, consumers win when prices fall. This means that, ideally, housing should be a terrible investment. No one says, "buy a car, it's a great investment!". You could make a car an investment, if you made it illegal to build more!
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@emilymbadger said "the fundamental tension [is] that Americans want housing to be both affordable and a good investment." it can't be both. - 2 more replies
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Electricity is instantly perishable. So wholesale mkts dynamically swing based on real time supply/demand. End use customers pay fixed rates, so essentially wholesale price with a very expensive fixed rate swap. Tech (IOT) is a much cheaper alternative to this financial product.
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Most fine dining experiences are a waste of money.
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Aviation is, for many of us, our single biggest carbon sin. A flight from SF to NY and back can have roughly the same climate impact as an average American's 3 months of driving. We should be treating airports like coal plants, treating air travelers like SUV drivers.
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