@Truth_n_facts1 @jmhorp @EconsEveryDay they did by the 40s. and i’m pretty sure that’s not explaining the price differences.
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jack.h
5K posts
@jmhorp @EconsEveryDay The average 1894 rental didn't have plumbing or electricity.
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While real wages have increased dramatically, one major category of spending -- rental housing -- has increased 3.5x as fast as nominal wages since 1894.
My latest @EconsEveryDay post:
economistwritingeveryday.com/2026/04/01/rea…
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@mattyglesias Also Americans only drive cars. All streets should be expanded to ensure there is never any congestion. The rest of the country should be parking to better ensure a space is available at all times and immediately.
Fuck it. Pave it all.
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Most Americans prefer a detached single-family house, so it’s just common sense to say that only detached single-family houses should be legal to build — this is a very sound approach to economic regulation that is successfully applied in markets for many kinds of things.
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@WireRacing The boomers have created gluts and shortages everywhere they’ve gone. There won’t be enough good places for them, pushing the prices up everywhere.
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When the money runs out, Medicaid will step in, but only after every asset has been liquidated, and they do a five-year audit, so if Mom or Dad transferred the house to their kids two years ago, guess what has to be sold to pay the private equity firm that owns the facility
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People in the replies saying “No kidding, it can cost up to $5,000 a month!” are going to have an unpleasant surprise when they see the actual, much higher, cost
🌷🐰 sonya serendipitously 🐇🎀@sonyasupposedly
everyone is gonna be so pissed when the supposed "generational wealth transfer" from boomers goes straight to end-of-life care
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@AlexRMcColl Too many people think democracy means they get a second vote.
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If a pipeline executive can veto a townhouse, and a farmer can veto a train; then anyone can veto a pipeline. NIMBYism harms national unity.
Jamie Sarkonak@sarkonakj
Coming out against land expropriation for the purpose of building infrastructure *as the pro-pipeline party* is certainly a choice
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@Smileyyeg How much money do highways make back?
How much is the land under Pearson airport worth? Is that the optimal use of valuable urban land?
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That train will never even make its money back, let alone provide the hundreds of billions of dollars of economic benefits it would need to justify itself.
Actually think about it: is there even an economic benefit at all? How much time will it save how many people?
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@cj3636282847483 @JamesonCanada @RM_Transit Canada and the USA are outliers. And we are outliers because of heavy handed government promoting one way over another. Governments are now realizing they can’t build out of the problems of traffic with the same ideas that haven’t solved the problem after 80 years.
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@cj3636282847483 @JamesonCanada @RM_Transit Most everywhere I’ve been that had HSR (or excellent regular rail service like CHF), it was well used, including Italy and Japan. They have cars. They have planes.
But they take the train. Maybe what you think people prefer isn’t shared with as many people as you think?
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While "Cancel high speed rail!" appears a lot to anti social people on Twitter, Canadians living in the real world appear to prefer people who promise to actually do things.
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@Timbrom2 @Smileyyeg Subways are a population dense development. But that logic, Toronto doesn’t need one because Canada is population density?
Clearly Montreal and Toronto supposed subways. They are clearly dense enough to support HSR, by your measure.
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@Timbrom2 @Smileyyeg No, it’s not. It connects population centers. Only the serviceable population at each potential stop matters.
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It is not. It is a European thing not really suitable to Canada.
jacob 雅各@jacobandrs0n
High speed rail is a developed country thing. It's an absolute embarrassment we don't have it yet. Saying no to HSR is anti-growth and brain dead. You can oppose a particular project or parts of a project, but saying no to HSR in favour of expanding Billy Bishop & existing highways? Lame.
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@R3Dchef @Nasdad_TO @RM2074125449497 @JonFraserTF Because the east stops us from being able to sell our resources,.calls us names, and tells us to fuck off and pay up. Maybe move here and you will.learn fast
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Can you please explain to taxpayers in Edmonton, Saskatoon and Winnipeg how an Ontario-Quebec rail project is "nation building" project.
Jake@Nasdad_TO
One of the clearer hindsight regrets from the Chrétien-Martin era is that, while successfully eliminating deficits and paying down debt, we underinvested in ambitious, nation-building infrastructure. The intense focus on fiscal restraint, though necessary at the time, came at the expense of laying the groundwork for today’s critical infrastructure needs.
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@Michael56297223 @sheepbagger @MattSpoke development charges are being used for existing repairs, and community upgrades. in toronto, DCs get used to upgrade parks on the opposite side of the city. they aren’t adding new parks downtown.
why should 90% be paid for by new residents when existing residents get equal access
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@sheepbagger @R3Dchef @MattSpoke So you are saying if you own a house that has paid for the current water and sewer plants, parks, community centres, fire halls, schools, roads, transit lines etc and developers want to add a new building for example they should be able to freeload? Sounds like socialism.
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Disappointing take from what is usually a very thoughtful group of people.
Development charges are a very narrow tax that specifically hits homebuyers and renters. They are also front loaded to cover the full cost of overly expensive infrastructure, rather than spreading out the benefits of that infrastructure across a broader tax base and an appropriate time horizon.
Build Canada@build_canada
Canadians should know that this is ultimately a transfer of development charges from developers to taxpayers. The Build Canada network has put forward a plethora of structural solutions to this problem across multiple housing memos, which you can read in this thread. 👇
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Average price of ground beef:
2000: $2.01
2026: $6.74
245% increase
Pound of Bananas:
2000: $.50
2026: $.65
30% increase
How are bananas that travel 3000 miles to my doorstep inflation proof compared to ground beef when it only travels a few hundred miles?
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@LinkofSunshine Then again, maybe I should consider what say it is today…
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@LinkofSunshine Adding more lanes means more spacing between destinations, more space between destinations encourages driving.
Density is too prohibited to make any real analysis other than they demand for it is higher than we currently allow.
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Reminder than you cant believe building more lanes increases traffic without believing building more houses raises rent through induced demand!
Theres a near 1:1 correlation with density and rent prices!! Theres a huge demand for density, causing building houses to increase rent
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@Ashleyquig89 @Nasdad_TO @RM2074125449497 @JonFraserTF What is it about alberta that ,makes a certain percentage of the population so resentful, bitter, and anti social about everyone and everything else in the country. My family there is very nice, but even they complain about people like you.
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@Nasdad_TO @RM2074125449497 @JonFraserTF Paid for, BY ALBERTA TAX PAYERS. see the difference? Even the Banff train is paid for BY US. Pay for your own shit. If 50% of Canada lives there, you have more than enough provincial taxes to do so.
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@MarkPEI @Nasdad_TO @JonFraserTF These aren’t mutually exclusive. Moving people by train frees up ontario’s crowded roads, allowing for more goods to travel less impeded.
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@Nasdad_TO @JonFraserTF What makes more economic sense….a railway that moves people or a railway that efficiently moves our goods and resources throughout the country and for around the world
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Breaking! Sony announces that they are pausing production on all flat screen TVs following months of poor reviews. They are officially relaunching The Sony Trinitron TV with a 14" FS26 Classic! These new CRTs will come will all the box TV features you love, 4:3 video is back!
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@BennyBlanco97 @james90844691 @2xFeatureRipOff @javier078 it looks good! has some DNR so depends on how much that affects your enjoyment. not as bad as true lies, lol
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@R3Dchef @james90844691 @2xFeatureRipOff @javier078 Just picked up Aliens in 4K, hopefully it looks good
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Disney have sign a deal with Criterion, Arrow, Shout and Second Sight for the Twentieth Century Fox catalogue.
An official announcement soon!
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@james90844691 @2xFeatureRipOff @javier078 people’s complaints about cameron 4ks need to complain to cameron. he likes them they way they are (and he thinks the complainers are losers)
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Every internet space goes the same way. For a while it's all cross-cultural friendship and jokes and fun new stuff to discover. Then the rightists and the leftists invade and it becomes the Battle of Stalingrad. Then the normies leave in disgust.
Gearoid Reidy リーディー・ガロウド@GearoidReidy
The AI translation-enabled discovery of Japanese Twitter is the greatest thing to happen to this platform for years, as BBQ memes built bridges across the Pacific. But will the internet's last great hidden corner survive contact with the West? My latest: bloomberg.com/opinion/articl…
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