Yoni Kaszynski

RHAWA Government Affairs Director Kevin Schilling speaks about Spokane's flawed "Right to Cooling" Ordinance.

Hey Ben, maybe get back to me when your channel grows a bit. Keep working hard and I’m sure eventually people will watch your videos bud. Hang in there 👍

People seem to wonder how S2 raised so much capital.... and this is why. Their 2012-2022 realized track record was insane... they perfected the sunbelt fix/flip/bridge-debt model and that was close to a 3x average gross return every few years on almost 50 deals with ZERO losers. It's fun to play monday morning quarterback but they did have a decade+ old platform that was printing money for them and their LPs. You can poke holes in the fees (but who cares on a 35%/2x net?), the nepotism, the wife, PJ, etc but at the end of the day, we're all out just trying to make money and it's hard not to look at a track record like this and not be intrigued.... Obviously the moral of the story is that there was a ton of embedded risk in the assets, markets, capital stack ("fixed rates is for suckers") and management.... but those are all easy to gloss over in real time when you think you're going to double/triple your money with zero work and buy your wife that Mexican beach villa you've been dreaming about.... 👀

New - average age of first time home buyers 1991 - 27 2008 - 30 2019 - 33 2026 - 41

Rent control is a stunning policy. The literature, the experts, and the repeated experience of reality all stand undivided in saying it's bad. But the public loves it. It's insanely popular. It's basically a 75:25 issue and voters want more of it.

Reading a fun WSJ story about how boomers are moving into converted schools that shut down and turning them into luxury senior housing The schools shut down btw because families can’t afford to live in the area and as the fertility rate drops