Will Collier

Additionally, it's whoever holds the mortgage (e.g., the bank). The deeper I have dug into this, the more I think that we will likely see some local banks fail - perhaps within the next couple of years. Regional banks are not admitting how toxic the multifamily debt is.

Tenant organizers in NY have been passing bill after bill, hoping to reduce multifamily property values. Their efforts are backfiring - on the very people they seek to protect. When rents are capped, it isn't the landlord that takes the hit - it's the maintenance budget.

People like to blame the freeways for the fact that children in the Bronx have ~30x the rate of hospitalization for asthma as kids on the UES. But check out the air quality - it's the same. There are cars and freeways everywhere in NYC.

Buildings that leak are soon contaminated with mold. Mold leads to asthma. And guess who has some of the highest childhood asthma rates in the world? You guessed it - The Bronx. The Bronx is Molding - and the kids are getting sick.

This time around, things are slightly different. I do not think it will be fire that takes down the Bronx - but water. Housing in the Bronx (and elsewhere) is leaking. I've been digging into HPD data. ~4k buildings with 10+ Class C leaks in the past 2 years.

In the 1970s, there was a similar cycle. Extreme welfare overspending, followed by over-the-top rent control measures. Ultimately, huge swaths of the city burned down, and hundreds of thousands of people were displaced.

+ Mamdani won bc he promised to freeze the rent for the ~50% of New Yorkers who need that in order to stay - this worked + 47% of the city on Medicaid + This will not last forever. The city's housing stock is decaying, quickly

My TLDR on NYC is as follows: + The city is essentially already socialist (~50% of residents can't afford to live there, yet do, bc of the Welfare State) + Half the housing is subsidized/essentially free - due to the gov + The tenant bloc has captured the city

I've been out in San Francisco the past week, and everybody wants to know what I think of the new NYC Mayor. My reply: "I'm neutral on him at this point bc I think he will usher in so much decay, so quickly, that New York will be forced into a turnaround."

@sjgiardini @MUGGER2023 @RyanGirdusky Alabama’s legislature was still supermajority Democrat in 2010. Georgia didn’t elect a Republican governor until 2002.

@RyanGirdusky it was called the "solid south" because of the nearly century-long period when it functioned as a one-party political region dominated by the democrat party...

There isn’t a single deep southern state that’s been controlled by Republicans for generations. GOP control is a recent thing: Louisiana: 2011-2015, 2024-present Mississippi: 2012-present Alabama: 2011-present Georgia: 2005-present

Perspectives: Mozart premiered an entire opera about the Muslim enslavement of Europeans in Vienna in 1782, within 100 years of the Ottoman siege of that city. All of Europe, with Vienna at the center of the fight and with Barbary pirates still capturing innocent Christian Europeans, was still dealing with the constant threats from the Islamic world and only newly free of the threat of conquest by the Ottomans. This aria from The Abduction from the Seraglio (Die Entführung aus dem Serail), featured in the film Amadeus, is a woman singing of her resolve to remain pure and undefiled by the Turk who has abducted her, conceding that due to his determination to r*** her she will look forward instead to the liberation afforded by death itself. In a hit opera about the rescue of Christian women from the hands of Islamic traffickers. 1782. This was European high art and culture in 1782, based on current events and it's odd how many people want us to forget that.

The New York Post is out with my column on Israel's announced defamation lawsuit against Nicholas Kristof and the New York Times. The lawsuit could put on trial a troubling history of the "Gray Lady" on Israel that speaks to the "actual malice" standard. nypost.com/2026/05/17/opi…

@mehdirhasan No need to imagine. Muslim kids in the U.S. are being taught to hate and murder the infidel. x.com/memrireports/s…

Marxist Max Blumenthal runs a disinformation website and is financed by Russia & Iran This is documented When he melts down about news stories that affect the foreign patrons who empower him, this weak little man lashes out with lies and projection washingtonpost.com/technology/202…

Look, I'm absolutely sure there's a solution that can create a more human-centric, AI data center infrastructure.

Oh look, a kook.

NBC Miscasts CBS Ownership as Partisan Actor as Colbert Eulogies Begin newsbusters.org/blogs/nb/jorge…

BREAKING: Austin police are urgently searching for an active shooter who has carried out up to *nine* seemingly random attacks in recent hours, injuring as many as 4, according to preliminary information. Here is a photo of suspect:

Putting 1 and 1 together here x.com/tplohetski/sta…