The Real Estate Investing Thread

[steve dave]

My company has a 3 day in the office, 2 day WFH policy.

That’s my dream scenario, but full time officer here. :sad:

How much you makin’ clearly wantin’ to brag bro?


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[tdaver]

Kinda late for you to be up, stevedave.  You seem a little grumpy.

[DaBigTrain]

If I was ever told I had to go back into the office at all I would quit on the spot. Too addicted to my home field and the flexibility with kids activities and whatnot. Obviously I travel for work and get my team in for meetings and crap but just daily bullshit isn’t happening. Also I could probably go a full year without “needing” anything more than my phone. Laptop makes pounding out long emails easier but I could throw it in the river and nobody would know for probably 6 months at least.


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Same. I have the coworking space for when I want to be in an office but I would never take a job I couldn’t be fully remote ever again. I invested a lot of money in my office and love the flexibility it affords.

[Kat Kid]

When executives demand returning to the office this is why, obviously

https://twitter.com/daniromerotv/status/1646879986937380865?s=46&t=odWzhuZU7P443NcVwlC1iQ


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It seems to me that a lot of commercial real estate could be converted to residential.

I will take the other side of that. If you think the market will solve that, I have some bad news for you. If cities do this, then they will get worked over on the terms and bail someone out and it will produce like one building that costs $400 billion that no one wants to live in.

[KST8FAN]

https://fortune.com/2023/04/13/office-buildings-torn-down-investor-kyle-bass-remote-work-shift/amp/


Tom

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[sys]

at my old job they hired a woman fresh out of college as a project hire (meaning for the life of the project although tons of project hires ended up permanent) and then like 6 months later she got pregnant, transitioned to an office job, then maternity or whatever then came back for like two months and got pregnant again.

they (at least or so i was told) were desperate to fire her, but were afraid to.  i left before she came back from her second maternity leave so i don't have a resolution to the story.

[steve dave]

That happens a lot. We have 3 months paternity leave and dudes work like 9 month stretches and take 3 months off. Get to plow through vacation days during the 9 months too. So jealous (didn’t have it when I had my dozens of children).


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[catastrophe]

Guy at my work lasted about 3-5 months before he decided he didn’t really want to work anymore. Had a kid, went on leave, came back,  and basically tried to do nothing at all for a couple months. When he was threatened with firing he took another job with a massive signing bonus and went on paternity leave again for the same kid.

[steve dave]

https://twitter.com/biancoresearch/status/1647742020763435010?s=46&t=odWzhuZU7P443NcVwlC1iQ


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[steve dave]

I think I’m a Market Urbanist


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[DQ12]

I think I’m a Market Urbanist


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Yeah, I'm either there or Streets Cleaner.

[kim carnes]

I think I’m a Market Urbanist


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Yeah, I'm either there or Streets Cleaner.

You’d both be nimbys if anyone tried to build a high rise next to your homes

[DQ12]

I think I’m a Market Urbanist


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Yeah, I'm either there or Streets Cleaner.

You’d both be nimbys if anyone tried to build a high rise next to your homes

Maybe, but it'd be a weird circumstance to build a high-rise next to my home.  There is definitely a big, unsightly apartment building adjacent to my neighborhood though.

[michigancat]

SF housing is a combo of Local Nativist and Anti-Gentrifier

[michigancat]

I think I’m a Market Urbanist


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Yeah, I'm either there or Streets Cleaner.

You’d both be nimbys if anyone tried to build a high rise next to your homes

Maybe, but it'd be a weird circumstance to build a high-rise next to my home.  There is definitely a big, unsightly apartment building adjacent to my neighborhood though.

every nimby thinks it would be a weird circumstance to build a high rise next to their home

[Spracne]

At this moment in my life, I'm a YIMBY.

[yoga-like_abana]

downtown area: aesthete
out in the boonies: private property absolutist

[pissclams]

I think I’m a Market Urbanist


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Yeah, I'm either there or Streets Cleaner.

You’d both be nimbys if anyone tried to build a high rise next to your homes

Maybe, but it'd be a weird circumstance to build a high-rise next to my home.  There is definitely a big, unsightly apartment building adjacent to my neighborhood though.

prairie village is exploring the idea of letting people build what equates to carriage houses in residents’ back yards and letting them rent them out in an effort to create more affordable housing.  the lots in pv generally are tiny and homes are already built on top of each other.

i’m sure they are all on acid or some other type of drug

[wetwillie]

We should all be living in highly dense multi family units but I hate the thought of it.

[Cartierfor3]

I think I’m a Market Urbanist


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Yeah, I'm either there or Streets Cleaner.

You’d both be nimbys if anyone tried to build a high rise next to your homes

Maybe, but it'd be a weird circumstance to build a high-rise next to my home.  There is definitely a big, unsightly apartment building adjacent to my neighborhood though.

every nimby thinks it would be a weird circumstance to build a high rise next to their home

Dunno what exactly is considered high rise, but they're going to put up a big multistory mixed use place about a block and a half from me. I'm fine with it.

[cfbandyman]

We should all be living in highly dense multi family units but I hate the thought of it.

IMO, while I am fine with single family homes it's too much, as is too much urban. Europe has it most right, row houses and mid dense apartments/condos with walkable areas and spaces should be the norm. Cottages/single family as you get away from city centers but still keep it "not surburban"

Really whatever helps with walkability and less dependent on cars, with some good public transportation.

[michigancat]

We should all be living in highly dense multi family units but I hate the thought of it.

IMO, while I am fine with single family homes it's too much, as is too much urban. Europe has it most right, row houses and mid dense apartments/condos with walkable areas and spaces should be the norm. Cottages/single family as you get away from city centers but still keep it "not surburban"

Really whatever helps with walkability and less dependent on cars, with some good public transportation.

*Snob alert*

Brooklyn is actually a well-designed suburb (or a lot of it is) close to what you describe. Incredibly pleasant place to live but designed to "live" and commute to Manhattan. Biggest issue is its transit is too "suburban" which can make traveling within Brooklyn a bit of a pain compared to going into Manhattan.

I don't think you can create a new community like that though.

[DQ12]

We should all be living in highly dense multi family units but I hate the thought of it.

IMO, while I am fine with single family homes it's too much, as is too much urban. Europe has it most right, row houses and mid dense apartments/condos with walkable areas and spaces should be the norm. Cottages/single family as you get away from city centers but still keep it "not surburban"

Really whatever helps with walkability and less dependent on cars, with some good public transportation.

suburbia rough ridin' rules.  yards.  bigger houses.  garages. buffalo wilds wings.

row housing is small and stupid and devoid of yards.  i don't want to a share a wall with my neighbors.  maybe i could live with it if i lived in a shrimpy country like the UK, but here in america, we got room to enjoy ourselves a bit.

[Spracne]

We should all be living in highly dense multi family units but I hate the thought of it.

IMO, while I am fine with single family homes it's too much, as is too much urban. Europe has it most right, row houses and mid dense apartments/condos with walkable areas and spaces should be the norm. Cottages/single family as you get away from city centers but still keep it "not surburban"

Really whatever helps with walkability and less dependent on cars, with some good public transportation.

suburbia rough ridin' rules.  yards.  bigger houses.  garages. buffalo wilds wings.

row housing is small and stupid and devoid of yards.  i don't want to a share a wall with my neighbors.  maybe i could live with it if i lived in a shrimpy country like the UK, but here in america, we got room to enjoy ourselves a bit.

Yet we still have a housing crisis. Curious!

[wetwillie]

We should all be living in highly dense multi family units but I hate the thought of it.

IMO, while I am fine with single family homes it's too much, as is too much urban. Europe has it most right, row houses and mid dense apartments/condos with walkable areas and spaces should be the norm. Cottages/single family as you get away from city centers but still keep it "not surburban"

Really whatever helps with walkability and less dependent on cars, with some good public transportation.

suburbia rough ridin' rules.  yards.  bigger houses.  garages. buffalo wilds wings.

row housing is small and stupid and devoid of yards.  i don't want to a share a wall with my neighbors.  maybe i could live with it if i lived in a shrimpy country like the UK, but here in america, we got room to enjoy ourselves a bit.

Yet we still have a housing crisis. Curious!

I’m sure they are completely unrelated