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Arpit Gupta

@arpitrage.bsky.social
17K followers 1.3K following 4.2K posts

Associate Professor of Finance, NYU Stern Newsletter: arpitrage.substack.com Website: arpitgupta.info

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Arpit Gupta @arpitrage.bsky.social · 14/09/2026
Am consistently impressed with the prevalence of lawn cutting robots in Europe vs the US Despite average US wages maybe 30-40% higher (though Finnish wages compressed on lower end which contributes to capital intensity)
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Arpit Gupta @arpitrage.bsky.social · 13/09/2026
Back to my favorite hand pulled noodle spot in Helsinki
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California YIMBY @cayimby.bsky.social · 25/08/2026
Vox's Marina Bolotnikova argues rent control's design determines its harm: strict versions (SF) shrink housing supply, while looser laws with vacancy decontrol and new-construction exemptions—like California's 2019 cap—show no measurable supply loss. www.vox.com/the-highligh...
vox.com
Renting in America can suck. Tenants deserve better solutions than rent control.
What rent control really means for housing in America.
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NBER @nber.org · 15/08/2026
Property taxes function as embedded leverage, with higher property taxes redistributing housing away from the elderly to the young, from Joshua Coven, Sebastian Golder, Arpit Gupta, and Abdoulaye Ndiaye www.nber.org/papers/w35587
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Arpit Gupta @arpitrage.bsky.social · 13/08/2026
Nontrivial point here
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Joel Wertheimer @wertwhile.bsky.social · 13/08/2026
The study in this paper is not nearly strong enough to support the claim and it's driving me nuts. Measured at the congressional district level the paper says it shifted the vote to Harris by 1.5 percent but it doesn't hold at the county level! Not particularly robust.
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Wilson D’Souza @wdzepper.bsky.social · 13/08/2026
www.city-journal.org/article/new-... Written by the lone member of the Rent Guidelines Board who voted against it. I agree on the merits of his argument Would love @arpitrage.bsky.social to have this discussion with the @mayor.nyc.gov @zohrankmamdani.bsky.social Legitimate debate that should be had
city-journal.org
The High Cost of New York’s Rent Freeze
The Rent Guidelines Board’s vote provides relief to some tenants while leaving the city’s deeper housing problems unresolved.
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Arpit Gupta @arpitrage.bsky.social · 12/08/2026
Whatever happened to those disposable Greek coffee cups in NYC?
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Albert Pinto @70sbachchan.bsky.social · 10/08/2026
This is incredible. "Foreign travel now makes up 1.4% of the US consumer spending budget. By contrast, imported Chinese goods make up about 3% of US domestic expenditures. Seems like American travel in Europe got turbocharged with Instagram" - @arpitrage.bsky.social www.wsj.com/economy/the-...
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Arpit Gupta @arpitrage.bsky.social · 10/08/2026
This is week 7 of AI and Finance: AI in the Workforce • Is AI a "Normal" Technology? • How does production need to change to incorporate AI? • What does history say about the nature of disrupted professions and leisure time? arpitrage.substack.com/p/7-ai-a-nor...
arpitrage.substack.com
7. AI: A Normal Technology?
AI in the Workplace
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Max Nathan @maxnathan.bsky.social · 10/08/2026
Absolute banger on AI, jobs and firms from @arpitrage.bsky.social arpitrage.substack.com/p/7-ai-a-nor...
arpitrage.substack.com
7. AI: A Normal Technology?
AI in the Workplace
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Arpit Gupta @arpitrage.bsky.social · 10/08/2026
Time to launch a distillation attack on the discipline of urban planning
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Joshua Goodman @joshua-goodman.com · 04/08/2026
Want to see in real time what's been happening to public school enrollment in your school district? Through @wheelockpolicybu.bsky.social, we've just released a school enrollment tracker for Massachusetts, allowing you to explore the data yourself. wheelockpolicycenter.org/high-quality...
wheelockpolicycenter.org
Massachusetts School Enrollment Dashboard
This interactive dashboard examines the gap between the predicted and actual enrollment in Massachusetts public, private, charter, and home schools.
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Jake Grumbach @jakemgrumbach.bsky.social · 02/08/2026
via @arpitrage.bsky.social, a pied-a-terre tax for unused faculty offices
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Arpit Gupta @arpitrage.bsky.social · 16/07/2026
Yeah, The Odyssey, the classic Greek tale about how people should defy Gods and that never goes badly
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Arpit Gupta @arpitrage.bsky.social · 08/07/2026
An unexpectedly pleasant feature of Varese is high tree cover for Southern Europe An expectedly pleasant feature is lawn cutting robots and underground car parks
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Arpit Gupta @arpitrage.bsky.social · 01/07/2026
Solar punk New York
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🚲 @bicycle.bsky.social · 30/06/2026
excellent piece from @arpitrage.bsky.social
cityjournal.substack.com
The High Cost of New York’s Rent Freeze
The Rent Guidelines Board’s vote provides relief to some tenants while leaving the city’s deeper housing problems unresolved.
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Tracy Hadden Loh @lohplaces.bsky.social · 26/06/2026
Another great read on this topic with some good ideas from @arpitrage.bsky.social for @vitalcitynyc.bsky.social www.vitalcitynyc.org/mamdani-rent...
vitalcitynyc.org
After the Mamdani Rent Freeze
An agenda to fix New York City’s stabilized housing
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Arpit Gupta @arpitrage.bsky.social · 26/06/2026
The RGB recently voted for a two year rent freeze on NYC rent stabilized housing I was the lone dissenting vote I've written two pieces here; which highlight the challenges of a rent freeze and where to go next www.vitalcitynyc.org/mamdani-rent... cityjournal.substack.com/p/the-high-c...
vitalcitynyc.org
After the Mamdani Rent Freeze
An agenda to fix New York City’s stabilized housing
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Arpit Gupta @arpitrage.bsky.social · 25/06/2026
NYC restaurants now offer prebiotics to reduce the hangover the next day
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Arpit Gupta @arpitrage.bsky.social · 19/06/2026
In the long run, there is no reason the US shouldn’t be the world’s dominant soccer country
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Arpit Gupta @arpitrage.bsky.social · 19/06/2026
Davelle in NYC has the best chicken katsu curry I’ve ever tried
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Arpit Gupta @arpitrage.bsky.social · 18/06/2026
The Real Deal writes on a proposal of mine to condition rental increases on building conditions in the rent stabilized stock therealdeal.com/new-york/202...
therealdeal.com
RGB member proposes “rent freeze for slumlords”
RGB member Arpit Gupta says landlords who don’t maintain buildings should see frozen rents.
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Arpit Gupta @arpitrage.bsky.social · 17/06/2026
They should move the goalposts closer so they can score more goals
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Arpit Gupta @arpitrage.bsky.social · 17/06/2026
Lipstick on a pig
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Arpit Gupta @arpitrage.bsky.social · 16/06/2026
Optimal World Cup play is to rack up the goal difference, but only Germany is ruthless enough to do so
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Arpit Gupta @arpitrage.bsky.social · 15/06/2026
Week six of my class on AI and Finance: Asset Management and Trading • Scaling laws for alpha • Distinguishing between spurious and genuine factors • Who captures value when markets get more efficient arpitrage.substack.com/p/6-signal-a...
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Arpit Gupta @arpitrage.bsky.social · 14/06/2026
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Arpit Gupta @arpitrage.bsky.social · 14/06/2026
Local Law 11 comes for NYU Stern
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Arpit Gupta @arpitrage.bsky.social · 14/06/2026
Proposal: either the United Kingdom fields one football team, or else each underlying nation declares independence; this is ridiculous
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Arpit Gupta @arpitrage.bsky.social · 13/06/2026
A romantic comedy between an AI lab employee who marries his boss to keep access to Fable, but then she visits his compute rich family and realizes he’s not rate limited after all
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Vital City @vitalcitynyc.bsky.social · 11/06/2026
@arpitrage.bsky.social: "The opportunity for New York lies in becoming the primary destination for firms seeking to build the plumbing and deployment for AI across these different domains." www.vitalcitynyc.org/ai-economic-...
vitalcitynyc.org
How New York City Can Come Out a Winner in the AI Age
Bet on the last mile of new technologies.
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Arpit Gupta @arpitrage.bsky.social · 10/06/2026
Everyone is worried that AI will do to white collar jobs what automation did to blue collar work in the 70s. Fair concern! But the city has two big moats: regulation and proprietary data. My case for NYC as the capital of Applied AI in Vital City: www.vitalcitynyc.org/ai-economic-...
vitalcitynyc.org
How New York City Can Come Out a Winner in the AI Age
Bet on the last mile of new technologies.
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Arpit Gupta @arpitrage.bsky.social · 09/06/2026
We used to know how to make facades in this country
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Arpit Gupta @arpitrage.bsky.social · 02/06/2026
How hard can it be to get into the École Normale Supérieure? Every French person I know did it
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Arpit Gupta @arpitrage.bsky.social · 31/05/2026
The part of history I feel most unclear on is 800-900 AD
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Stephen Jacob Smith @stephenjacobsmith.com · 29/05/2026
E24-24, my proposal to raise the IBC’s single-stair apartment building height limit from three stories to four, has passed the final membership vote, and will now officially make it into the 2027 IBC 🎉
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Arpit Gupta @arpitrage.bsky.social · 29/05/2026
Did not realize that Watergate was an urban courtyard design
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Arpit Gupta @arpitrage.bsky.social · 29/05/2026
Now Penn Station is on fire? In Japan the government would fall
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Arpit Gupta @arpitrage.bsky.social · 28/05/2026
In Japan, a high-ranking JR official would have lost their job over the delays I'm dealing with in this Amtrak
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Arpit Gupta @arpitrage.bsky.social · 27/05/2026
The harmless torturer thought experiment from Derek Parfit in the wild!
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Arpit Gupta @arpitrage.bsky.social · 24/05/2026
A building grows in Manhattan
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Arpit Gupta @arpitrage.bsky.social · 24/05/2026
I have ~6 active group chats with three people in them; some with many more people, but a missing group chat gap involving 4-6 people
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Arpit Gupta @arpitrage.bsky.social · 21/05/2026
Pretty happy with my latest book haul
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Arpit Gupta @arpitrage.bsky.social · 17/05/2026
Euripides, you-buy-a-these
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Arpit Gupta @arpitrage.bsky.social · 17/05/2026
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Arpit Gupta @arpitrage.bsky.social · 16/05/2026
cc @paulgp.com
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Arpit Gupta @arpitrage.bsky.social · 14/05/2026
Note this is the same Muller Pasta company which was owned by NYU Law for several decades, triggering a change in non profit law to make that no longer possible. NYU Law got a good exit, and used the money to negotiate a good deal with the University and buy real estate
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David R. Agrawal @davidragrawal.bsky.social · 30/04/2026
🧵Is telework threatening state and local tax systems? My new paper: “State and Local Tax Policy in a Time of Telework” (with Xinyu Chen) @natltax.bsky.social Idea: telework decouples the residence and workplace posing challenges for who taxes remote workers. doi.org/10.1086/740842
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