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HouserDave

@houserdave.bsky.social
753 followers 252 following 314 posts

Affordable housing finance. LIHTC equity investor. YIMBY homeowner & dad. Mich Law. Red Sox. LBJ. Nihilism is the refuge of the weak.

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HouserDave @houserdave.bsky.social · 4h
We need a frank discussion in the affordable housing space about whether co-ordinated entry was a mistake. We have transferred the leasing pipeline process to bureaucrats - well meaning they may be - who ultimately bear no financial consequence to their policies & processes.
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HouserDave @houserdave.bsky.social · 22h
Just watched some middle aged SV dork argue w/ taxi stand guy at San Diego airport that their system of queuing was inefficient and therefore not ethical. And since he was traveling shorter distance he should get to jump the queue so that the driver could get back faster to get a second fare.
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HouserDave @houserdave.bsky.social · 30/09/2026
On the one hand, the GOP is f*cking cancer on the county. OTOH, I couldn't tell you in a simple set of 3-4 bullet points WTF the Democratic Party's current platform is other than "not the other guy, please respond to my fundraising email".
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HouserDave @houserdave.bsky.social · 30/09/2026
Personally I think the attention on this fool is underselling the fact that he got Klobbed.
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HouserDave @houserdave.bsky.social · 29/09/2026
Oh look, an update on that crazy shooting in Dublin with murdering grandparents. Opens article... *10 minutes later* Yup, nope, didn't need that level of the National Inquirer couldn't come up with a more bonkers story than that.
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HouserDave @houserdave.bsky.social · 28/09/2026
Another Exhibit in San Francisco isn't serious about...anything. Jackie Fielder proposal to limit evictions for tenants who are behind on less than "one month's rent" based NOTon their actual rent but HUD FMR. A 1BR FMR in SF is $3,003.!
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HouserDave @houserdave.bsky.social · 28/09/2026
Missing from usual knee jerk discourse on BOTH sides is that pre-pandemic, LIHTC property owners could hold their rents below maximum restricted rent & still pay the bills. But Biden-flation, Trump-flation & eviction moratoria backlogs have killed operating expenses such that theres no headroom
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HouserDave @houserdave.bsky.social · 28/09/2026
Los Angeles is getting the short end of the stick on this trending and it begs some questions about the headwinds facing whoever the next Mayor is.
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HouserDave @houserdave.bsky.social · 28/09/2026
McArgle Bargle "Jane Galt" dug her own glibertraian sycophant grave, one Vitamix attached to a 2x4 at a time.
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HouserDave @houserdave.bsky.social · 27/09/2026
It's pretty amazing that every state in the entire continental US gets at least as many hours of sunshine as Italy or N. Spain. And CA & the Southwest outperforms everywhere in Europe.
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HouserDave @houserdave.bsky.social · 27/09/2026
Feel like many polls around Sept/Oct 2020 with 7-9 point leads for Biden. Final actual vote margin was 4.5 points, so Imma looking a side eyed at some of the polls showing Democrats winning in...Texas. I'd be curious which cross tab demo the polls at time got most wrong. My money on white chuds.
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Robert Reich @rbreich.bsky.social · 26/09/2026
The amount of Amazon workers relying on SNAP and Medicaid has nearly tripled since 2020 — while Amazon’s annual profits soared by over 550%. It’s the same story everywhere: corporate profits are at record highs, while workers’ share of the economy is at a record low. We must unrig the system.
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HouserDave @houserdave.bsky.social · 27/09/2026
Crazy to see pollsters admit they still don't know how poll white chuds.
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HouserDave @houserdave.bsky.social · 26/09/2026
This. The labor participation rate is at a 50 year low! And it is NOT being primarily driven by retirements. This is not good. www.cnbc.com/amp/2026/07/...
cnbc.com
Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
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HouserDave @houserdave.bsky.social · 26/09/2026
Hey chat - how do I deal with the smell from a skunk that got into a crawlspace under the house and sprayed some deep dark corner that is now stinking up the entire house? Asking for a friend...
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HouserDave @houserdave.bsky.social · 24/09/2026
I see a lot of snark that we wasted a long period of low public borrowing rates by not using it to build more infrastructure. I agree BUT we're only telling half of it. We DID use those low rates. We just used them to finance tax cuts for corporations & the wealthy, instead of infrastructure.
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HouserDave @houserdave.bsky.social · 24/09/2026
10Y at 5.20%. Yes the rear view includes a long period of ZIRP & QE monetary policy that's over. But overall directional arrow in long view is...not good. When last this high, 5.2% was during a period of slow but largely steady DECLINE in LT rates from late 80s.
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HouserDave @houserdave.bsky.social · 24/09/2026
I'm weird but the part of this whole thing I find hilarious is the F-35 parts were sent via UPS.
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Robert Reich @rbreich.bsky.social · 24/09/2026
Effective 2025 federal tax rates paid by these corporations: Alphabet: 8.01% AT&T: 4.6% Meta: 3.57% General Motors: 3.09% Amazon: 1.37% Exxon Mobil: 1.31% Disney: -1.57% CVS Health: -3.88% Income tax rate paid by the typical American: 14.5% This is what a rigged system looks like.
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HouserDave @houserdave.bsky.social · 24/09/2026
Trump is proof that the world of CRE is low barrier to entry and is 50% composed of bros who are entirely mid.
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HouserDave @houserdave.bsky.social · 24/09/2026
Any normal GOP in the White House and GOP would be cakewalking this midterm. Voters still don't know what Democrats stand for or will do in office. Party Establishment cares more about quashing insurgent Left than coming to terms with them. And Maine is Maine such that Collins can win.
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HouserDave @houserdave.bsky.social · 24/09/2026
Sorry but I don't believe it. I think pollsters still have not learned how to poll non-college educated white chuds accurately. They've had long enough to learn but they haven't.
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Stephen Jacob Smith @stephenjacobsmith.com · 22/09/2026
NIMBYism destroys your commercial property tax base: “Occupied space has climbed in parts of Dallas, Atlanta and Miami along with growing populations…On the flipside, Chicago, Los Angeles and Portland…are among the metro areas where vacancies continue to grow.” www.bloomberg.com/news/feature...
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HouserDave @houserdave.bsky.social · 22/09/2026
Removing the work requirement for Medicaid that Trump's One Big Ugly Bill included needs to be a priority for next Dem admin in their first reconciliation bill.
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HouserDave @houserdave.bsky.social · 22/09/2026
Everyone whining about this settlement is largely outsiders who don't know how much the L.A. job market is sucking wind. L.A. is a company town & there's legit fear it's on a Detroit path. The fear may be over-indexed but it's not irrational. www.reuters.com/legal/litiga...
reuters.com
Paramount wins Warner Bros takeover after settling states, union lawsuits
The settlement includes the creation of independent editorial boards ‌for CNN and CBS, and a $30 million penalty per film for any shortfall against Paramount's pledge to release 30 movies annually.
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HouserDave @houserdave.bsky.social · 20/09/2026
Not sure "make it easier to build more condos in California" is gonna be much of a solution given it's a product type that owners are increasingly souring on as a financial dead end. stocks.apple.com/AELyuFYxlTsS...
stocks.apple.com
It’s almost impossible to sell a condo unit these days: ‘I feel trapped’ — MarketWatch
The condominium market is buckling, real-estate experts say
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Hyperlexic @hyperlexic.bsky.social · 19/09/2026
How San Francisco exports gentrification and seizes fiscal benefits
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HouserDave @houserdave.bsky.social · 19/09/2026
At some point the State needs to legislatively step in and override every single law in the way of CAHSR. Otherwise Sacto is just pissing away our money for no good reason.
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HouserDave @houserdave.bsky.social · 19/09/2026
I mean I'm definitely an AES supporter, but this fit deserves an @dieworkwear.bsky.social takedown. At some point ya gotta put politics aside and be objective about the fit.
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HouserDave @houserdave.bsky.social · 18/09/2026
Another thing to keep me up at night. washingtonmonthly.com/2026/09/16/c...
washingtonmonthly.com
Can the House Clerk Lead a Midterm Coup?
Could the Clerk of the House lead a midterm coup? Garrett Epps looks to 1863 and 1865 for warnings about our current crisis.
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HouserDave @houserdave.bsky.social · 18/09/2026
Reconciling a liberal democracy with a religious ethnostate eventually breaks both.
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HouserDave @houserdave.bsky.social · 17/09/2026
This is why winning power at Federal level on a consistent basis matters. Individual states, no matter how large, will always be hamstrung by having to survive inside a common market for which race to the bottom is always a threat. deadline.com/2026/09/para...
deadline.com
Paramount To Leave California Amid Antitrust Battle & Stalled Warner Bros Merger
Leaks out of David Ellison's inner circle said the CEO wold take his Paramount ball & leave California if state AGs didn't back off on their antitrust suit
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HouserDave @houserdave.bsky.social · 15/09/2026
Apparently Kash is buddies with Mickey Kaus.
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HouserDave @houserdave.bsky.social · 14/09/2026
Bond markets today to Trump and Bessent.
static.klipy.com
Bane Asks Batman: Do You Feel In Charge?
ALT: Bane Asks Batman: Do You Feel In Charge?
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Sandieglo @sandieglo.bsky.social · 12/09/2026
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Ben Collins @bencollins.bsky.social · 11/09/2026
We started a trade war with these people because the president, who has some sort of degenerative brain disease with visible bruises on his hand's injection site that the press doesn't talk about, was bored.
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HouserDave @houserdave.bsky.social · 11/09/2026
On BART and across from me a Gen Z aged guy looking all the softboi he can reading a dogeared copy of Kitchen Confidential with a Herschel backpack on his lap and I just want the universe to stop trolling me IRL.
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HouserDave @houserdave.bsky.social · 11/09/2026
We don't talk enough about how real estate is one of the more mid-bro, low barrier to entry fields. Wake up tomorrow and decide to become a medical doctor? Yeah not happening. Wake up tomorrow and if you have the cash and unearned self confidence, you too can be a real estate developer.
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HouserDave @houserdave.bsky.social · 11/09/2026
I'm sure this will totally cool off opposition to AI bros and their data centers: www.ft.com/content/8310...
ft.com
Houthis used Anthropic AI to try to build ballistic missiles
Missile test by group apparently failed, but exposes limits of AI safeguards
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HouserDave @houserdave.bsky.social · 10/09/2026
Why is housing so expensive, ex #15854: working on a project in Bay Area where the sewer connection fee is $18,600 per unit. Thats just sewer fee. Doesn't include any other impact fees, other utility connects or permit fees.
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HouserDave @houserdave.bsky.social · 09/09/2026
I swear San Francisco is the biggest housing hypocrite jurisdiction in the state. I'd call L.A. worse but L.A. doesn't even pretend to care.
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Upzone the coastal elites @aboutdave.bsky.social · 09/09/2026
A reminder that SF is certainly going to trigger the circuit breaker in the housing element and these down zoning contrary to affirmatively furthering fair housing requirements will just make the consequences that much bigger.
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HouserDave @houserdave.bsky.social · 09/09/2026
NIMBYs never stop. I swear reforming Historic Preservation is gonna need to get on the YIMBY to-do list at this point.
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Sam @samd.bsky.social · 07/09/2026
“No to rental apartments No to forced mixing” the far right party in Sweden (SD) is turboNIMBY, of course. god far right parties are such a fucking joke everywhere
Nej till hyresrätter
Nej till tvångsblandning
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Patrick Wyman @patrickwyman.bsky.social · 07/09/2026
Realizing the extent to which this is true wildly changed my opinions about how to deal with Trumpism, since they're never going to be satisfied unless they're actively dominating everyone else. You can't give them some concessions and go back to the status quo: they're reactionary revolutionaries.
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Andrew Lawrence @ndrew.bsky.social · 08/09/2026
Screenshot of a headline and quote from the Financial Times following the 2024 election. The quote reads:

“I feel liberated,” said a top banker. “We can say ‘retard’ and ‘pussy’ without the fear of getting cancelled… it’s a new dawn.”
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David Roberts @volts.wtf · 07/09/2026
This is the one kind of questioning that Trump has literally never faced: just basic questions about facts & how the world works. He was able to become president while never understanding the first fucking thing about anything, in part because he was *never asked*.
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HouserDave @houserdave.bsky.social · 08/09/2026
Favorite neighborhood restaurant did an interior refresh that took it from cozy & warm to...restaurant equivalent of a Millenial house flip - white "marble" tile floors, walls grey & white with black trim. Fireplace was even painted over in grey. THE FIREPLACE.
static.klipy.com
Doctor Who: Rainy Scene
ALT: Doctor Who: Rainy Scene
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Carl Quintanilla @carlquintanilla.bsky.social · 07/09/2026
(NBC News) — It is now the least rewarding time to be a worker in the U.S. economy since the government started keeping track. @nbcnews.com www.nbcnews.com/business/eco...
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