“The Right to Housing, Not Vacation Homes”
Yves here. I am preserving the original “Economy for All” headline, since it reflects some of what is wrong with this piece. The problem, of course, is not vacation housing (outside major metro areas, it is not uncommon for middle-ish income people to own modest cabins in the boonies) but AirBnB allowing homeowners and renters […]
Mark Pittman & The Bankers
The late Mark Pittman was a journalist for Bloomberg when, once upon a time, there were still a few actual investigative reporters. Mark did a piece on my operation in Japan. He knew what we were doing, that the accounts were mine, not clients, and that I was buying distressed portfolios. Not one client ever […]
The wisdom of Giuliano da Empoli
The Financial Times has an excellent interview with the writer Giuliano da Empoli, who discusses the use and abuse of political power. Here he evaluates Vladimir Putin: “I think he knows he’s made a strategic mistake [the invasion]. But one rule of that kind of power is to never go back, never show any […]
Payrolls increased by 216,000 in December
The U.S. labor market closed out 2023 in strong shape as the pace of hiring was even more powerful than expected, the Labor Department reported Friday. December’s jobs report showed employers added 216,000 positions for the month while the unemployment rate held at 3.7%. Payroll growth showed a sizeable gain from November’s downwardly revised 173,000. […]
Land of the Free – An Update
Last year, I described a zoning kerfuffle that had gotten me into hot water with our local county authorities. I had, in a fit of naïveté, built a small wooden platform, put a canvas yurt on it, and rented it out as a popular “glamping” destination. Thinking that my rights as an American, private-property landowner […]
