mgce

5 ms·

31.
by mgce 9y ago
Good point. What you're describing, at core, is leverage. The general principle of leverage is that it exaggerates the market's natural results. When things go up you stand to make a lot of money. But when things go down you stand
32.
by mgce 9y ago
Brownstone neighborhoods stress these numbers even further (e.g. much of "hot" Brooklyn). These consist largely of 19th century buildings. And even the "modern" apartment buildings are 1920s, 1930s, etc. These are also p
33.
by mgce 9y ago
And if that's not a wild enough ride, try land leases. I can't for the life of me figure out any way to be truly comfortable with a land lease. NYC real estate is a really weird world.
34.
by mgce 9y ago
I didn't see where the parent assumed the $3k per month would stay static. Also recall that selling a place for more than you paid for it doesn't mean you've made money. As I'm sure you know, owning property also involve
35.
by mgce 9y ago
> Harm in vice will always occur. We just have to decide if we want it in the form of overdose, or the form of black market versus police state violence. I think this is one of the key insights. Although, thankfully, I think it's mo
36.
by mgce 9y ago
I firmly believe alcohol marketing is a major contributor toward alcohol continuing to be one of the most destructive drugs in our society. It's glamorized in a a savvy and well-funded way that puts an incessant haze in our understandi
37.
by mgce 9y ago
> The taboo truth is people do drugs because they are fun I don't agree with this. This is true for some cases, yes. But it's just as common if not more common for people to take drugs to mask pain. It's not about the drug
38.
by mgce 9y ago
I want to agree with you, and I think I mostly do. Unfortunately your comment also reminds me how enormous the barriers remain toward people recognizing alcoholism and having the will to treat it. There's an enormous amount of shame, s
39.
by mgce 10y ago
> Corporations don't have morality, they have profit motives. YC doesn't give a shit about immigrant rights any more than the unjust deaths of african americans around the US, they care about attracting certain demographics to
40.
by mgce 10y ago
Come on - this is egregiously cynical. You know this isn't really the case.
41.
by mgce 10y ago
Pacific Park has been a uniquely challenging and contentious project. It's an extreme outlier.
42.
by mgce 10y ago
I'm not sure if you're already aware of this, but NYC has also been aggressively building out cycling infrastructure since the Bloomberg administration. So your point is not unknown to policy makers: http://www.amny.com
43.
by mgce 10y ago
They could be referring to rent stabilization, which is closer to 50%: https://en.wikipedia.org/wiki/Rent_control_in_New_York#New_Y... (not that I'm convinced either is a problem for this discussion)
44.
by mgce 10y ago
Yeah, I get your point. It's an interesting one worth real consideration. And that's an ongoing conversation between the community and the permanent staff that the community understandably remains hyper-vigilant about constantly.
45.
by mgce 10y ago
Hey Gruselbauer, In specific response to your pondering the many faces of Burning Man - at core it's a temporary city of 70,000 people. That means it's a large and diverse place. That's why you can hear so many wildly differe
46.
by mgce 10y ago
This entire comment is deeply ignorant and ill-spirited. You don't understand Burning Man. There's nothing wrong with that; it's not an easy thing to understand, particularly if all your knowledge is second-hand anecdotal. Wh
47.
by mgce 10y ago
You're fundamentally misunderstanding what I and others are saying. We're talking about the opposite of cowering away. We're talking about the exact community building you value - both out there and back at home. You're
48.
by mgce 10y ago
Bringing Burning Man's inspiration into real life is one of the great outcomes of the experience. It gives me and many people I know much greater confidence in being open, giving and playful toward friends and strangers in the real wor
49.
by mgce 10y ago
A number of my close friends are part of the gay community there, so I strongly care about that issue. My experience has been that the gay community is very strong and has as good relations with police as anyone. Of all the complaints I&#x2
50.
by mgce 10y ago
Burning Man is fundamentally different than Disneyland and is still pumping out extremely strong culture. 99% of the disappointment people have at Burning Man is precisely because of that - expecting a "show", or something that&#x
51.
by mgce 10y ago
I do wish there was some way to ban cell phones out there. You may have noticed there's even reception now - this started in 2015 and, to my knowledge, isn't BM's fault - one of the cell companies decided to put up a tower ne
52.
by mgce 10y ago
This is a really different perspective than I've ever heard, and I'm intrigued. I've built up a lot of skepticism especially toward the Nevada authorities and their own good will (maybe not so much BLM) after hearing so many
53.
by mgce 10y ago
You sound like you're not a good fit for Burning Man. I hope you don't take this as a negative comment. That's not why I'm writing this. It's definitely not for everyone; it helps no one trying to make it an event f
54.
by mgce 10y ago
Frat parties are the least compelling cultural experience I could possibly imagine. But Burning Man has changed my life (for the better) and given me some of the greatest boosts of inspiration and self-love and purpose I've ever known.
55.
by mgce 10y ago
Come to Burning Man one day! The community would love to have you, and you are clearly ready to connect (and grow) with it.
56.
by mgce 10y ago
I believe the author is an unpaid volunteer. More broadly, I'm not sure I fully understand the criticsm. There is paid staff, yes. But that's still a vanishingly tiny percentage of the effort that makes Burning Man what it is. It
57.
by mgce 10y ago
Rental prices are what the market will bear. These may or may not be strongly correlated to the landlord's ownership. Two very relevant examples of when the "amortization" argument won't apply: - a rising market in which
58.
by mgce 10y ago
My understanding is that in Midtown there's been a stronger appetite for building tall on the avenues vs. mid block between the avenues. That's, as I recall, why there was the infamous chopping of 200 feet from the under-construct
59.
by mgce 10y ago
Look, as a fellow 20-year New York City veteran, you can see in this city what you want to. You're clearly taking a bleak view on it. I'm sorry you've viewed so much of the city through this lens and been turned off by it. Bu
60.
by mgce 11y ago
I agree with practically all you're saying, aside from the assertion that this largely applies to Google. I think Google is much better in this regard than many tech companies. But mileage varies, of course. Cheers.

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