Brian Pankratz

3.8K posts

Brian Pankratz

Brian Pankratz

@bpank1

Husband, Father, Real Estate Broker and big fan of the CU Buffs!!!

Edina, Minnesota Katılım Temmuz 2014
1K Takip Edilen421 Takipçiler
Brian Pankratz
Brian Pankratz@bpank1·
@jonbrooks Tough to build starter homes at today’s economics in most places. The cost to develop land, pay municipal fees, and construction costs are some of the items impacting costs.
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Jon Brooks
Jon Brooks@jonbrooks·
There is NOT a housing shortage. There is a housing MISMATCH. America has ~148M housing units… …and only ~134M households. That’s a 14M unit surplus on paper. The problem? Builders overbuilt luxury. America underbuilt starter homes. Big difference.
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Brian Pankratz
Brian Pankratz@bpank1·
@jonbrooks Municipal fees and getting lots to a finished pad are at $100,000+ in most states.
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Jon Brooks
Jon Brooks@jonbrooks·
We want builders to build starter homes at $200–250k so the next generation can actually... start. Instead, they sell $400–500k+ homes and call them “starter homes.” $3,190/month is NOT a starter home.
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StripMallGuy
StripMallGuy@realEstateTrent·
I Haven’t thought about eBay in over 10 years. They’re still doing $10B+ in revenue. Serious question: Who is actually using it?
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Brian Pankratz
Brian Pankratz@bpank1·
@TomSteyer So if you break them up the smaller companies don’t have the capital to maintain and expand the utility system?
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Komrad: 4.3% FC
Komrad: 4.3% FC@Komrad_Iron·
And there it is, the Lowry is closing because they lost their lease to another restaurant, not because of the neighborhood, crime, or the city council.
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Brian Pankratz retweetledi
Chris Martz
Chris Martz@ChrisMartzWX·
Odd how leftists only want to tax billionaires that they don’t like. Notice how they never mention JB Pritzker, Taylor Swift, or George Soros. Wheeerid.
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Chamath Palihapitiya
On page twenty-six of “The Billionaire Tax” proposal in California, it explains how the state legislature can convert from a Billionaire Tax to an Everyone Tax without voter approval. They can also adjust the tax to be a yearly tax, not just one time…again, without your approval. Intelligence test for you: if this was meant to just target Billionaires, why did they write this in?
Chamath Palihapitiya@chamath

The Billionaire Tax is actually an Everyone Tax. The Billionaire Tax is a new tax proposal written by four professors who don't believe in the American dream. Some of them aren’t even American…go figure. Despite its name, it applies to every California resident who currently has assets or ever will. The creators named it the Billionaire Tax so you would get into a froth andwouldn't look closely at what it actually does to you. On page twenty-six, it explains how the government can convert to an Everyone Tax without voter approval. They can also adjust the tax to be a yearly tax, not just one time…again, without your approval. Here's how the tax would work: As a voter, you're being asked to approve a tax that would require you to: 1. list all your assets and the value of each, then submit them to the California Franchise Tax Board. 2. authorize the tax board to appraise your assets and confirm the value of each. 3. pay a penalty of up to forty percent of your tax bill if the board determines your reported value was too low in their opinion. 4. allow the tax board to subpoena your financial records from every one of your financial institutions for auditing. This Everyone Tax runs 34 pages of shifty language describing how the government plans to take your assets. Read the fine print and decide for yourself. If this were truly a billionaire tax, it would be 3 pages. It’s 34 pages so that it can create the mechanisms to steal from all of you.

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Peggy Flanagan
Peggy Flanagan@peggyflanagan·
Corporate interests have their thumbs on the scale of our politics. I can sleep at night because I'm not beholden to anyone but Minnesotans.
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Defiant L’s
Defiant L’s@DefiantLs·
Justin Trudeau: The wealthy of the world needs to "step up" and limit their wealth intake. He charges $100k for speaking.
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Brian Pankratz
Brian Pankratz@bpank1·
@NYCMayor Would be great for you to publicly share the construction budget and proposed operating budget?
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Mayor Zohran Kwame Mamdani
At our city-owned grocery stores, staples like eggs and bread will actually be affordable. And we're going to do it the right way, without cutting workers' pay or dignity. Because in the wealthiest city in this country, buying groceries shouldn't be an unsolvable equation. It should be simple, fair, and within reach for everyone.
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Grover Norquist
Grover Norquist@GroverNorquist·
Idaho cut income taxes 7 times in 10 years. Income tax revenue doubled. Mountain States Policy Center shows that tax cuts mean more jobs, more growth, more revenue mountainstatespolicy.org/post/analysis-…
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Brian Pankratz
Brian Pankratz@bpank1·
@KSTP Place is always full don’t they keep a percentage of revenue for future repair or replacement?
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KSTP
KSTP@KSTP·
Minnesota’s biggest indoor ice rink is seeking $23.7 million for repairs that operators say are needed as soon as possible. kstp.com/tracking-your-…
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Hennepin County Attorney Mary Moriarty
The Hennepin County Attorney's Office released the following statement regarding the investigation into an April 22 fatal shooting in Edina:
Hennepin County Attorney Mary Moriarty tweet media
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Brian Pankratz
Brian Pankratz@bpank1·
@jaymart222 How many units are vacant? Seems like easiest path to increase supply would be to modify the existing law.
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Jay Martin 🏠 🏢🏚️🌇
This nonsense argues that 88.5% of NYC's warehoused rent-stabilized apartments "don't need much" to come back online. It's a talking point iv heard before. It's also malarkey. The 88.5% figure comes from the Brad Landers March 2024 report. ( The same he claimed there was no distress only for his office to admit as much a year later) But here's what the Comptroller actually measured: the share of warehoused units "not so dilapidated as to be uninhabitable." That's a floor on habitability. It is not a ceiling on what it costs to legally rent the unit to the next tenant. The op-ed then offers specific numbers: new kitchen fixtures "under $2,000," bathrooms "under $3,000," electricians who "need not rewire entire apartments." Those are DIY materials costs. They are not licensed-trade turnover costs in New York City. Under the licensed trades the law requires: • Compliant kitchen rebuild: $18,000–$35,000 • Compliant bathroom rebuild: $12,000–$25,000 • Partial rewire + panel replacement: $8,000–$20,000 • Gas line work after DOB lock-off: $10,000–$40,000 • 50-year cast-iron waste stack replacement: $8,000–$20,000 And the one the op-ed mocked by name: Local Law 1 of 2024 friction-surface lead abatement. XRF testing. Licensed EPA-certified abatement of window and door jambs, door stops, thresholds. Clearance testing by a certified inspector. Pre-1960 unit with a heavy paint load: $18,000–$40,000. Larger units: $40,000–$80,000+. The op-ed calls the $84,000 lead figure a "landlord lobby" fabrication. It isn't. It sits squarely inside the realistic distribution for exactly the unit profile driving the warehousing inventory. Then the op-ed tells on itself. It notes that "thousands of New York City children" are lead-poisoned each year in privately-owned buildings. Aside from not being true (public housing is also equally dangerous.) If "maintenance of old paint" were as simple and cheap as the op-ed claims, we would not have a childhood lead poisoning problem of that magnitude. Both positions can't be true. "landlords prefer to forgo rental income on tens of thousands of warehoused apartments, which belies their cry of poverty." Forgoing rental income IS the poverty. An owner of a long-occupied stabilized unit at $1,050/mo, facing $75,000 -100k in code-compliant turnover cost the $347 IAI cap cannot amortize, loses money either way. Holding the unit vacant is the smaller loss. That is not a choice against renting. It is a choice against default. The op-ed closes with Park West Village. Post-war Upper West Side superblock. That is not pre-1974 tenement stock. That is not the distressed housing we are talking about. It's the only example the manhattan obsessed author’s can offer because there is no equivalent example in the actual warehousing universe. Those buildings are not warehousing $1,050 rents because their owners prefer leisure to income. They are warehousing them because the turnover math does not close. How does housing cost billions to build and maintain in affordable or public housing but in private housing suddenly can be done for pennies? It can’t and the op-ed is a lie.
City Limits@CityLimitsNews

“We need homes available to New Yorkers, not pretexts for giving landlords higher rents.” citylimits.org/opinion-most-e…

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Brian Pankratz
Brian Pankratz@bpank1·
@FrederickMelo Looking forward to seeing this get developed to create jobs and get on the property tax rolls.
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Lou Raguse
Lou Raguse@LouNewsMan·
Three suspects released from jail and the fourth now charged with murder after police review surveillance video from the Edina shooting that caused widespread lockdowns this week
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Brian Pankratz
Brian Pankratz@bpank1·
@StevenFulop What a way to kill economic growth. Their should be no tax. The people owning these units pay property taxes.
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Steven Fulop
Steven Fulop@StevenFulop·
Pushing Ken Griffin out would be a self-inflicted wound for New York. Ken is not a tax dodger, as some elected officials portrayed unfairly. Ken is one of the city’s largest job creators, with 2,500 employees and $2.3 billion in taxes paid over five years. When someone like that signals he’s done being made an example of, City Hall should be listening. The pied-a-terre tax proposal, without thoughtful exemptions for job creators, will hurt the very New Yorkers it claims to help. nypost.com/2026/04/23/bus…
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Bernie Sanders
Bernie Sanders@BernieSanders·
The Trump family has made $4 billion off the presidency. Crypto: $3.02B Persian Gulf deals: $425.8M Qatari jet: $150M Legal fees/merch: $127.7M Mar-a-Lago: $125M Corporate deals: $91M Hanoi hotel: $40M Truth Social: $25M Don Jr: $19.6M Unprecedented kleptocracy.
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