kevinerdmann.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

Down even more today. But, obviously, the newly created Mar-a-Lago Federal Reserve Branch's new "GDP minus wasteful government spending" measure will be more stable. www.atlantafed.org/cqer/researc...

submitted 3 hours ago • 1 comment

The first paper cited here is important. Tightening mortgage standards was incredibly regressive. www.econlib.org/some-further...

submitted 5 hours ago • 0 comments

There’s no excuse for voting for Trump, but it’s easy to understand how some voters have a heuristic to never vote for a democrat whenever Warren decides to throw her weight around.

submitted 1 day ago • 2 comments

“Housing starts also slowed in January as builders pulled back on single- and multifamily home construction amid growing worries over… unsold properties.” Have any large public builders actually claimed to be worried about this? finance.yahoo.com/news/bessent...

submitted 2 days ago • 0 comments

The reason Zelensky was there was because Trump is taking advantage of Ukraine's weak position as Russia's victim to shake him down for natural resources. Even if the meeting hadn't been aesthetically disgusting, we were already deep into historically inexcusable territory.

submitted 3 days ago • 1 comment

The silence of all living former US presidents is deafening.

submitted 3 days ago • 7 comments

My Touro Land Use Institute video podcasts with @kevinerdmann.bsky.social and @sarabronin.bsky.social are now online at www.youtube.com/@michaellewy...

submitted 3 days ago • 0 comments

I guess Elon finally managed to find day care for his 13th child, so he didn’t have to bring him to the cabinet meeting.

submitted 3 days ago • 0 comments

Um.

submitted 3 days ago • 1 comment

If I were a TSLA shareholder, I would want Elon to write me an email explaining what work he has done in the last week to enhance shareholder value.

submitted 3 days ago • 1 comment

To be fair, there were a lot of redundant operations at NOAA.

submitted 4 days ago • 0 comments

They should change the ticker to FAFO.

submitted 4 days ago • 6 comments

submitted 5 days ago • 0 comments

This is evil. Pure evil.

submitted 4 days ago • 3980 comments

Really sharp post by Matt. Misinformation mostly confuses your own side www.slowboring.com/p/misinforma...

submitted 5 days ago • 1 comment

We know exactly which groups are disproportionately likely to die as pedestrians on U.S. roads, but this is maybe the first study I have ever seen about who the drivers who kill them tend to be. And if we start having that difficult conversation, we can find better solutions.

submitted 5 days ago • 1 comment

Given the "tech bro" resume, it's amazing how much different the vibe is here compared to how Steve Jobs might have been in a similar role. Just, straight up sci fi "the worst timeline" vibes. Somewhere in the multiverse, Steve Jobs is alive and giving this speech like a boss.

submitted 5 days ago • 0 comments

What's up with the "Evil Lair" lighting?

submitted 5 days ago • 1 comment

Question for housing nerds: How do these effect New Residential Sales numbers? Scenario 1: Neighborhood is mostly sold to homeowners, but some individual units are bought with the intention of renting. Scenario 2: Entire neighborhood is sold to private equity landlord.

submitted 5 days ago • 0 comments

Economists and Price/Rent Ratios open.substack.com/pub/kevinerd...

submitted 5 days ago • 1 comment

“Cities evolve, and zoning doesn't evolve with it at the same pace. So, when you've got more people, more demand, prices go up. Zoning has kind of stolen the freedom & property rights of the individual. Zoning needs to be less restrictive." www-thebuildersdaily-com.cdn.ampproject.org/c/s/www.theb...

submitted 5 days ago • 1 comment

Economists and Price/Rent Ratios open.substack.com/pub/kevinerd...

submitted 5 days ago • 1 comment

I lose followers for pointing this out, bc nobody likes to be called prejudiced, but it is so thick on this issue. An unfortunate number of YIMBYs will support bills like this, and they'll cite some paper that shows that large scale landlords, say, have a 2% higher eviction rate or something. 1/

submitted 5 days ago • 2 comments

Renters not welcome in Washington. Saving the neighborhood for the ownership class, but by banning landlords instead of renters, so it’s actually morally superior. Good job, Washington. The riff raff can live in Oregon.

submitted 5 days ago • 0 comments

It seems to me that homebuilder profit potential drives land prices more than the other way around, so it seems incoherent to me to say that rising land prices are going to hurt homebuilder profitability. Thoughts?

submitted 6 days ago • 2 comments

This seems odd. In the University of Michigan Consumer Sentiment Index, independents are more pessimistic than both Democrats and Republicans.

submitted 6 days ago • 2 comments

Quick random reminder. Remember when the Sahm Rule briefly topped 0.5% but even Claudia Sahm said it was temporary and not to put too much weight on it? A pundit’s reaction to that is a good guide to their credibility. fred.stlouisfed.org/graph/?g=1DY9p #FRED

submitted 6 days ago • 1 comment

These reflect my personal stages of saying "This is just like Idiocracy."

submitted 6 days ago • 0 comments

Only 25 years ago, the federal budget was in surplus after an orderly bipartisan effort to control expenditures, and pro-growth policies that grew the economy. Does nobody remember that? They didn't create a budget surplus by bringing in indiscriminate feces throwers.

submitted 6 days ago • 3 comments

The best way to confront a bully about the misinformation he is spreading is to confront him in front of everyone. Macron just did that.

submitted 7 days ago • 3314 comments

Has all of this just been an elaborate setup for the next National Treasure sequel?

submitted 7 days ago • 2 comments

American cities were not built for cars. They were bulldozed for cars.

submitted 8 days ago • 7 comments

Activists Want to Save "Grandma Brooks' Cedar." Her Family Says They're Misrepresenting Their Mother's Wishes "Mom hated that tree," Barbara Brooks' daughters say. publicola.com/2025/02/24/a...

submitted 7 days ago • 5 comments