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Joined 1 year ago
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Cake day: June 23rd, 2023

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  • In my opinion, if Newsom is anything worth his salt, he would invest public funds into tiny homes and basically guaranteed jobs for the homeless, rather than being cool with things like:

    • living in the BART facilities
    • living in tents on the street
    • being rounded up into random buildings/facilities because Xi is coming
    • $20 minimum wage for everyone but Panera Bread since the CEO is my friend

    Newsom, literally with the stoke of a pen, could invest public funds into helping the homeless in a provable way, yet he does not. The only conclusion I can come to is that he does not want to.

    Please, convince me otherwise, but the state of, at least, SF under Newsom (and big tech, admittedly) has greatly deteriorated











  • The law being challenged for those interested (commonly known as “stand your ground” law)

    21-5222. Same; defense of a person; no duty to retreat. (a) A person is justified in the use of force against another when and to the extent it appears to such person and such person reasonably believes that such use of force is necessary to defend such person or a third person against such other’s imminent use of unlawful force. (b) A person is justified in the use of deadly force under circumstances described in subsection (a) if such person reasonably believes that such use of deadly force is necessary to prevent imminent death or great bodily harm to such person or a third person. © Nothing in this section shall require a person to retreat if such person is using force to protect such person or a third person.

    I personally think it is pretty obvious that there was not “reasonable” cause to shoot someone simply since they rang your doorbell, but now it is up to a jury.

    I also doubt this would be in the headlines if it was white man shooting white man or black man shooting black man. This really just seems like race baiting which isn’t surprising in an election year I guess, moreso it’s disappointing.










  • I missed your response, my bad, but I think others have touched on the major point with some pretty good analogies, but I will give you a full response since is a valid question. DISCLAIMER: I am a Software Engineer, not a real estate expert, although I was raised by a real estate expert.

    Imagine you are Apple and own “Apple Park” in Cupertino, California.

    Apple does not own the property “out-right”, they have a mortgage on the property and buildings similar to the average home mortgage, but much more expensive. When you “own” the mortgage, it is up to you who occupies the building, which often is done by contract. When you “own” a building for the purpose of giving your own employees a place to work, you often enter in a contract with “yourself”, but most often as a “subsidiary” signing a contract with a “parent company”.

    Let’s say that a subsidiary is “renting” the entire building, but also, 90% employees work remotely. Although you, as the subsidiary, are still “paying rent to” the parent company, you as a subsidiary are losing money by paying for an office space that is mainly unused. So sure, it could be said that the parent company “isn’t losing money”, however, the subsidiary is since the office is unused and still being paid for. The subsidiary can’t just stop renting the office, since they are in a legal agreement with the parent company. This pushes parent companies to enact “return to office policies” so that subsidiaries are paying rent on “required office space”. Having “butt’s in seats” also helps with maintaining building value as one can prove “hey look, my office building is in demand”, even if simply artificial demand through subsidiaries.

    Most office buildings, especially if for tech, cost in the hundreds of millions depending on location. If you think tech companies buy them outright rather than mortgage them with the company and assets as collateral, that is incorrect.

    In other words… If you have a mortgage on an office building with no one in it, the “market” looks negatively upon that, which brings the building’s value down, but not your mortgage payment and interest. Therefore, you are paying more on your mortgage than the value of the building. Similar to buying a car with a car loan, using the crap out of it, and then not touching it for 5 years and expecting it to increase in value. (Car is a bad comparison as 99% of them lose value the second they leave the lot, but is easiest to compare)