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Joined 1 year ago
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Cake day: March 23rd, 2025

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  • I agree with letting air out of the balloon slowly. That’s what rezoning and densification shoots to do. It is slow because development is slow. But limiting available capital (ie: competing for mortgages)? In what world does that make sense? And if primary residence cap gains aren’t exempt, then anybody that had to move for work would get screwed. That’s a corporate friendly policy, not a people friendly policy. The goal here is for people to own houses, and for there to be penalties for owning more than one. But that’s exactly where policy is right now.






  • You’re not entirely wrong. The US and China are two huge economies. But there are lots of countries with not-dissimilar economies that have domestic auto manufacturing (Japan, UK, France, Germany), which are all 30-100% larger than ours. And then there are domestic manufacturers from countries that have comparatively smaller economies (Italy, South Korea, Mexico, Brazil, Spain, Russia). Now of course some of those are notable for being low wage jurisdictions. But not all. For a country where mass transit is highly regionalized and economically challenging, there’s a lot of incentive to have a domestic auto industry.