ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 08/01/2025Regardless of if a home is a rental or owner-occupied, there's people living in them. There's less homes being built. There's more people needing homes. Prices are rising. Profits are at a peak. They aren't getting built. Why? 000
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 08/01/2025What do you mean it lags population growth. Population growth is roughly linear, slightly exponential. Construction is has gone back 27 years. Did something happen to the population? Was it Covid? We didn't lose 26 years of population, did we? 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 07/01/2025Profit margins on a house are as high now as they were in 2006. But people are not building homes. There's something stopping the progress. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 07/01/2025Again, why are we not building now? Again, demand is high. Housing costs are very high. It's a perfect time to build and make money, is it not? Think about it. Why are we not building homes? 200
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 07/01/2025I'm blaming specific actions that did occur, and bore witness to the fallout. You can assume my opinions are based on spite or bias, but what we are dealing with isn't swayed by your opinions. What does sway change is fixing bad regulations so we can address housing. 000
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 07/01/2025No, and let's not muddy a conversation with everything under the sun. No one was expecting an insurrection. There's no point to prove there. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 07/01/2025Yes, and typically they would never approve loans like this. It's risk. So they sold them to foreign investors, but also Fannie Mae and Freddie Mac: 70% of the bad loans didn't come from private banks. They came from gov program lending. One wonders where we'd be if 70% of the problem was removed... 000
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 07/01/2025It hit bottom shortly after. I'm not implying it caused it. I'm suggesting it destroyed an industry and we are all suffering high housing costs as a result of policy that causes an artificial shortage. Demand is sky high. Why are we not building and making money on it? Is there some other reason? 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 07/01/2025I got a balloon loan in 2002 that was one such loan that was previously illegal, but used it to build a house that became my primary and refinanced. Not everyone is savvy enough to understand the risks. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 07/01/2025No, they were victims. The problem was Congress was encouraging banks to lend to unqualified borrowers, and created things like subprime loans, stated income, etc. I 80% blame legislature, 20% blame lenders who were doing what they were told to, and saved skin by selling the notes. 300
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 07/01/2025I do not agree that my graph doesn't support what I'm saying. We should be at least to 2006 levels of housing new starts. Most new housing are large corps that can afford to absorb banking regs. Home builders can't survive without bank money. You can feel free to verify with others in the industry. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 07/01/2025I absolutely support change in laws that prevent what happened. But what happened was *caused* by Bernie Frank. As in the Frank in Dodd Frank. He spent a good portion of his time in congress early 2000s promoting subprime lending. And then blamed banks for actually doing it. Then wrote Dodd Frank. 200
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 06/01/2025It doesn't take that long to recover, I assure you. The fact that banks no longer offer construction loans, and private money is now the primary source of funding for residential construction should be evidence enough that it's a massive issue, whether you chose to ignore it or not. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 06/01/2025This is why we have a housing shortage. We are at 1998 levels of construction, when we had 80% of the current population. I get it. We want to pass regulations to punish home builders. But they went on to other jobs, and the people getting punished are people that pay rent and buy a home. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 06/01/2025You can achieve clean water without massive amounts of paperwork. The thing that keeps the water clean is the retention design, not binders and paperwork. A policy that simply quantifies that we withhold peak flow of a 10-yr, 24-hr storm is the policy that keeps the water clean. Not the rest of it. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 06/01/2025As far as clean water, this is also something I deal with directly. I do WQMPs: 200-page binders brought on by EPA regs. 20-80 hours of work, tabulate pollutants in downstream waterways. No one reads it but the plan checker. Ultimately, it's just sizing retention. This is a one-page spreadsheet. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 06/01/2025As someone in housing, I would put #1 is Dodd-Frank. The intention was to punish banks for the housing fiasco. It did so very effectively. And took out the home building industry as a result. I used to produce 3-4 new permit sets per week. In 2024 I had 2. Construction loans are now for large corps. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 26/11/2024Elon wants what I want. Ease off on the excessive regulations and bureaucracy so we can help the country solve the issues we are facing. He's not pushing tax policy. He's pushing efficiency and transparency. Almost religiously. 200
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 26/11/2024When I make a point, I'm not trying to sting. I'm trying to dismantle the propaganda with facts as close to the source of truth as possible, ideally the subject itself. You're not doing that. And if your goal is to sting, you're doing that poorly as well. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 26/11/2024Perfect example. Unnamed sources speculating. Did you even read the article? 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 24/11/2024Nice article. Does it disprove any of the facts I said? What was the outcome? 000
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 24/11/2024Read what I said again. Does what I stated sound like the characteristics of an oligarchy? I directly addressed your question. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024The irony is you are a low-information base against him and rely on smears to try to make arguments and don't see it. You employ ad hominem in every single sentence. "bigoted" "cult" "low information" "hating" "distracted" "oligarchs". That was one sentence. You're completely unable to do otherwise. 300
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024Rarely it happens that there's grooming. Good god, dude. I was giving YOU a point. 000
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024He wasn't trying to get votes in the 1980s. 000
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024Anyone actually watching it doesn't need 4 pages to comprehend context of a conversation. Blaming him because the media lied both by omission and outright lying is absurd. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024A) He didn't buy votes, he gave away money for signing a petition that you support the 1A and 2A. To be qualified you had to be registered. You could vote any way you want. B) He will lose money through his involvement of this in any scenario, both directly and loss of left customers. 200
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024You can't increase demand and think it won't have an effect on housing, especially in a very regulated market where it's increasingly difficult to pull permits to keep up. Homes just aren't getting built, and we added several millions to our population in immigration alone, plus natural growth. 010
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024Awesome. The defaults are insane snowflake settings. 020
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024I supported Fauci for the most part, but he made mistakes by not being upfront about the risk aspects of mRNA vaccines. It's not that they were dangerous, it's that we didn't have long term data about the risks, and he was afraid to say that part out loud. Much we still don't know. 000
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024Let's not pretend we haven't all wanted to try this like a itch we never knew needed scratching. 020
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024It's very clear that you're deeply steeped in and misled by left wing media propaganda. You're not making any argument here, just blasting an ad hominem, and then asking a question to deflect the conversation away from your eggshell insult. 120
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024He's not heading NASA. He's heading a commission to reduce waste. In what scenario is reducing the government's ability to spend on non-essential expenses going to help the recipient of government spending? He can't target competitors because that's not how gov bidding works. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024You've omitted that the entire briefing was about UV light, and he specifically references the "kills it in a minute" which was a direct reference to UV light's ability to kill Covid in a minute, vs other chemicals discussed which were 5 minutes. You owe me $20. 200
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024Rarely it happens, but if we make a law to prevent schools from teaching sexual concepts until the third grade, the democrats go bat shit crazy. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 23/11/2024You realize that Trump is the first president to enter office as a pro gay marriage, right? Why do gay, black, brown, people at his rallies enjoy them? Do you really believe they're deluded? Do you think they hear hate and demonization thrown at them there? It's bizarre you really believe this. 200
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 22/11/2024Give me another few days when I get this fusion-powered mass accelerator fired up! I plan to harness a black hole the size of a BB pellet by firing it at the Sierra mountains. Phase 2 will be coming up with ideas on containment. 060
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 22/11/2024And how she blew up the ship on the way out. I feel ya. 000
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 22/11/2024The culprit.media.tenor.comDog Doggy GIFALT: Dog Doggy GIF 21460
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 22/11/2024I watched an entire briefing during Covid, half of which was about UV light destroying the virus within about a minute. Trump asked if it could be administered internally on lungs. For the next 4 1/2 years, the media claimed he suggested people should inject bleach. $20 says you thought he did too. 100
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 22/11/2024I was being facetious. Hertling conveniently didn't mention any of the things listed which I got from his bio. The sexual assault looks a lot like it was her cheating, getting caught, and claiming she was drugged. Police administered rape kit, and dropped the case. Rape kit includes drug test. 000
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 22/11/2024Think about where we were 20 years ago. No iPhones. Social media was AOL and myspace. No EVs, one that failed a decade prior. The U.S. manned space program was 7 years away from it's end. 20 years later, manned space flight with reusable rockets, iPhones, social media economies... Extrapolate that. 000
ryanjmcgowan.bsky.social @ryanjmcgowan.bsky.social · 22/11/2024SpaceX uncrewed mission with Starship is planned in 2 years. 100
