₿itcoin Yimby

Your Bitcoin Yimby
Promoting YIMBY/urbanist content on nostr

Public Key

npub1t9t2hcea59jeg9xkzkn4vtrf3vsnjm654ldl6n4lmj2ap2r8c4js6fju0m

NIP-57 Address

clockwerk@strike.me

Profile Code

nprofile1qqs9j44tuv76zev5zntptf6k935ckgfeda22lklaf6lae9ws4pnu2egexm0ew

Author Public Key

npub1t9t2hcea59jeg9xkzkn4vtrf3vsnjm654ldl6n4lmj2ap2r8c4js6fju0m

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Last Notes

2024-08-27 14:20:32

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I post about residential real estate and urbanism to show how understanding how the housing market is relevant to bitcoiners. It's a not entirely bitcoin ...? Haha.

2024-08-08 15:27:10

No increase in home buyer sentiment from recent rate drops- experts indictate that rate will need to go back into the 5 percent rage with price cuts to begin to lure buyers back in. https://image.nostr.build/cc28d04e45ad1b427aa0ee10fb57adee943b0da1fa41a433e1646b00e511c1ba.jpg

2024-08-02 14:20:30

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Suspended reality. Crazy to watch.

2024-07-31 17:06:56

Mortgage applications down 50% from prepandemic - currently lower than the lowest point of the 2008 housing crash.
Anticipated rate cuts no https://image.nostr.build/924aa123295022eae1c9297e245c876bbc7cfe18c58463e5814f7c5567a923db.jpg t yet moving the needle.

2024-07-30 19:23:28

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Housing inventories are rising however with few ways to finance them affordably-not a good time to be in building/real estate industry. even if land owners can perhaps expectsideways action generally it's net bad news.

2024-07-30 17:55:46

What happened to cheap mass producedhousing in 1971?
Read this article of the history of the failure of the levittown mass production housing company.
https://www.construction-physics.com/p/why-levittown-didnt-revolutionize
Note this startling series of statements which bitcoiners will understand immediately:
" .....Levitt’s fourth Levittown was stopped in its tracks in 1971 when Loudoun County, Virginia refused the rezoning required, ......
....Not only did land use controls and development restrictions slow down and prevent new home construction, but they drove up the price of land, and thus the cost of all other homes. A 1968 report from the National Commission on Urban Problems noted that “the net effect of public land use policy is to reduce the supply of land available for modest cost housing and thus to increase its cost.”
Yes, in 1971 20 years of cheap mass produced housing came to halt due to the sudden appearance of supposed "environmental" foces implementing new land use laws and procedures known to drive up housing costs.
Read more about the rise and fall of levvittown at ConstructionPhysics
https://www.construction-physics.com/p/why-levittown-didnt-revolutionize

2024-07-25 12:33:30

New home inventories highest since 2009
https://image.nostr.build/bc19f88010036704664d4b8438585567d8151739f273b08787f43e9c44c5a8c7.jpg

2024-07-14 15:29:08

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It's been surprising to watch across the spectrum who is and is not willing to make a switch. The crowd that has moved to different places is pretty consistent tho.
The network effect is strong.

2024-07-09 14:51:46

Housing political compass
https://image.nostr.build/9f12fd6c6ddcd8f884e477ccc7c8748ad5fa0af579d6c3facc958484c0237b21.jpg

2024-07-09 02:55:46

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Here's to the weird ones!

2024-07-05 15:52:04

Limiting housing types and forcing people to get federally backed loans for often 30 years puts people into a position where being in a lifetime of debt seems normal.
It doesn't have to be that way
https://image.nostr.build/ea492971d12931b4657309cf825ff630a93cf29b0adab406ed14b189fad3c65f.jpg

2024-07-01 21:25:30

Housing is fundamentally shelter for people- it's use as store of value for banks means we can never fix the housing crises without crashing banks- hence the unsolvable perpetual crisis.
Bitcoin can fix this.
https://image.nostr.build/2b8a422ada7d83bd83edda50c90d40317d8e0362f99244af89975d76a06dc66e.jpg

2024-07-01 21:16:10

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100% This is because the use of housing as a store of values means banks want a homogenised product that is easy to evaluate even if you are just a finance guy-
Houses are designed https://image.nostr.build/efe23c7f2bb1f7e0d76faa7080c2140ca824d75fe7598ddab25ce0765dc4aa77.jpg to be liked by this dude.

2024-07-01 03:08:28

Reposting this fantastic graph by Saifedean-
Before fiat- decreasing house prices and more, better housing
After fiat- housing used as store of value and becomes harder to achieve https://image.nostr.build/c9c165748d1ff03402d8cffc2267dcf61a6584b78efa17ba7bef40d0ef685a8c.jpg

2024-06-25 15:22:26

@nprofile…ak4y
Leon Wankum makes the case that the real estate market it being demonetized as a store of value by bitcoin- and makes the case for adding bitcoin to the balence sheet if real estate development companies. Great listen!
https://m.youtube.com/watch?v=3Vs5_EMBfgA

2024-06-21 13:46:11

https://image.nostr.build/af041ebc529fa090af0cd84c09f44ed4bf88c8466b3db9d01c26c12edb787085.jpg

2024-06-18 15:39:11

What fiat does to the cost of housing.
#nevent1q…492p

2024-06-18 05:07:22

NGU tech in housing is simple- more scarce housing means growth in fiat terms.
The use of housing as a scarce asset to invest in makes it untenable to ever make housing cheaper. https://image.nostr.build/be2476cdc76cc30a7768143ae0d23edf72ff9c2939c0cfadbc6032aedf5090ee.jpg

2024-06-17 17:26:31

https://image.nostr.build/fcddf34af263d18a1e80266b5357f2f3089c6277f81bd0ce27ee424f2281e6c1.jpg