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mikefellman.bsky.social
Economist. Real Estate. Investor. Hispanohablante. Puerto Rico Statehood. Fide FM/USCF NM
55 posts 57 followers 31 following
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Unpopular opinion: The Abraham Accords were a mistake. 1) It rewarded Israel for not annexing territory. Eg, for not doing a bad thing that it should not have done anyways. 2) It allowed Morroco to illegally annex Western Sahara in exchange for formal recognition of Israel. (1/2)

submitted 3 days ago • 1 comment

🐆🐆🐆🐆🐆🐆

submitted 3 days ago • 0 comments

Folks, we live under a monetary regime with built in increasing prices. Trust me, it's better than the alternative. Durable goods prices are the only category that has fallen in price and that's because we shifted to foreign labor that makes 1/100th as much as Americans. (1/2)

submitted 4 days ago • 1 comment

It's more subtle than that. Price increases, either for rent or to buy, is the biggest factor that drives private sector residential investment. Construction activity is the highest when prices are the fastest.

submitted 5 days ago • 0 comments

The fact that the YIMBY movement has collectively memory-holed the Japanese Lost Decades is genuinely hilarious.

submitted 5 days ago • 0 comments

The pound doesn't work for Scotland without the fiscal union with the rest of the UK. The Euro does not solve this problem. The Euro would not depreciate against the Pound to absorb the negative fiscal shock Scotland would suffer upon independence. Only a Scottish currency has a chance to work

submitted 13 days ago • 1 comment

One of the oldest arguments against giving any rights or process to the people we accuse is — one constantly “rediscovered” by the shallow and the dim — is “well they didn’t give their victims any rights or process.” That’s fatuous. /1

submitted 13 days ago • 126 comments

I really thought Trump was the biggest crybaby involved in politics. But Elon is making a run at the title.

submitted 13 days ago • 1234 comments

Another masterclass from @jameskerlindsay.bsky.social youtu.be/fYnHfOS_D8w?...

submitted 75 days ago • 1 comment

He’s just now figuring this out

submitted 93 days ago • 4558 comments

Bitcoin bros aren't the first group to demand the government fill their bags. Back in 1890, silver mining interests got the Sherman Silver Purchase Act passed, which required the government to buy 4.5 million ounces of silver a month to prop up silver prices.

submitted 99 days ago • 0 comments

Nobody more deserving of this role than @senatorheinrich.bsky.social. As a former mechanical engineer, conservationist, and lifetime sportsman, energy & natural resources are literally in his DNA. Our public lands and our energy future are in the best possible hands with his leadership.

submitted 103 days ago • 0 comments

I said exactly almost 20 years ago.

submitted 100 days ago • 0 comments

I called this over a decade ago. I said in 2006 that teams should be taking way more 3s.

submitted 100 days ago • 0 comments

It's terrible what they've done to our country.

submitted 104 days ago • 0 comments

Unfortunately, Biden not only kept Trump era tariffs on Canadian lumber, he increased them last August.

submitted 107 days ago • 0 comments

Left NIMBYs are wrong because they think social housing doesn't presenta it's own set of issues YIMBYs are wrong because they treat housing construction decisions as firms maximizing their production function rather than investors optimizing their portfolios.

submitted 107 days ago • 0 comments

Housing is a capital asset. Not a good. The threshold firms must clear to build housing is NOT Price > Marginal cost. It's Expected Return > Expected Return of next best investment opportunity in any asset class with similar level of risk/liquidity.

submitted 107 days ago • 0 comments

Somehow my account was used to repost a bunch of posts promoting an only fans account. Beyond weird. Changed password and enabled to factor identification.

submitted 107 days ago • 0 comments

Don't share your housing takes until you understand this chart.

submitted 107 days ago • 0 comments

Wray should not resign. Let Trump fire him. Massively disappointing

submitted 110 days ago • 674 comments

He praised the owner of the platform. The owner then reposted it to his over 200 million followers and used his algorithm to boost it just like he did to manipulate the election. And the take on that it is, ‘look how many people agree with me that Musk is right.’ Pretty damn sad.

submitted 115 days ago • 567 comments

Democrats bungled admitted DC and Puerto Rico as states. Biggest disappointment from Biden in what is a truly impressive 4 years of legislative accomplishments.

submitted 117 days ago • 0 comments

It would have been playing politics to NOT pardon Hunter Biden. No reasonable prosecutor would have brought these charges. But yeah its looks bad because the public doesn't understand DoJ policy nor care to.

submitted 119 days ago • 0 comments