Hyperlexic
@hyperlexic.bsky.social
3.3K followers 1.6K following 20K posts
Queer East Bay GenX native & parent. He/him. Had my mask pic before the fascists. Follow me so I can disappoint you.
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Reposted by Hyperlexic
robbieandrew.bsky.social
NOAA data show Mauna Loa was about to be deluged, but perhaps the US government shutdown has saved it just in time?
robbieandrew.github.io/ppm/
Graph showing: Weekly atmospheric CO2 at Mauna Loa, in the style of Hokusai.
hyperlexic.bsky.social
You just have to build enough to get significantly ahead of demand, and real rent reductions happen.
hyperlexic.bsky.social
Oakland built 10,000 units, rents dropped 25%, the value of the new apartment buildings dropped 50%, and some projects went bankrupt (were handed over to the lender, foreclosed, etc).

good for tenants!
hyperlexic.bsky.social
here’s an update on Oakland by the way.

Developers overbuilt so much that they’re handing the keys back to the lenders and wiping out all profit. www.bizjournals.com/sanfrancisco...
hyperlexic.bsky.social
“ChatGPT told me” isn’t an argument I’m going to listen to.
hyperlexic.bsky.social
There was no vacant land in Oakland, either, but then it upzoned a bunch of areas, and lo and behold a huge amount of apartments gor build and rents dropped dramatically.
hyperlexic.bsky.social
Oakland built 10,000 units, rents dropped 25%, the value of the new apartment buildings dropped 50%, and some projects went bankrupt (were handed over to the lender, foreclosed, etc).

good for tenants!
hyperlexic.bsky.social
here’s an update on Oakland by the way.

Developers overbuilt so much that they’re handing the keys back to the lenders and wiping out all profit. www.bizjournals.com/sanfrancisco...
Reposted by Hyperlexic
tarnado.bsky.social
Oh, is private equity buying single-family homes and giving you the sads?

BUILD MORE HOUSING

Private equity likes to pour cash into low-risk (i.e., 'ring-fenced') high-return (inelastic! People need homes) sectors. More homes causes the whole model to implode.
Reposted by Hyperlexic
costasamaras.com
Picture how big the Hoover Dam is. An absolute unit. The Hoover Dam has a power capacity of 2 gigawatts (GW).

The solar farm that the Admin just cancelled could have produces 6.2 GW of power. That's more than 3 Hoover Dams.
jael.bsky.social
SCOOP: The Bureau of Land Management says the largest solar project in Nevada — the Esmeralda 7 mega-farm — has been canceled

The news was quietly dropped via a sudden website update with no public word from any of the companies involved or a statement from the agency

@heatmap.news
Esmeralda 7 Solar Project Has Been Canceled, BLM Says
It would have delivered a gargantuan 6.2 gigawatts of power.
heatmap.news
hyperlexic.bsky.social
that’s a good way to ban home construction in areas.
hyperlexic.bsky.social
large investors only own ~1 in 170 single family homes.
hyperlexic.bsky.social
large investors only own ~1 in 170 single family homes.
hyperlexic.bsky.social
check out the chart below, especially considering the population now vs in the past.
hyperlexic.bsky.social
You’re absolutely right that we’re not building enough housing. The construction rate collapsed in 2006 and never recovered. This is why rents are so high.
hyperlexic.bsky.social
we’re building a lot less housing now than in the past, when the population was a lot smaller.
hyperlexic.bsky.social
You’re absolutely right that we’re not building enough housing. The construction rate collapsed in 2006 and never recovered. This is why rents are so high.
hyperlexic.bsky.social
we actually did have a lot of housing in 2007 - it was the highest construction rate for decades - and we really don’t have much now.
hyperlexic.bsky.social
You’re absolutely right that we’re not building enough housing. The construction rate collapsed in 2006 and never recovered. This is why rents are so high.
hyperlexic.bsky.social
large investors (hedge funds, corporations, etc) own about 1 out of every 170 single family homes. that’s not what’s driving the prices.
hyperlexic.bsky.social
We don’t, in fact, have enough housing; at least, not where the jobs are.
hyperlexic.bsky.social
large investors (hedge funds, corporations, etc) own about 1 out of every 170 single family homes. that’s not what’s driving the prices.
hyperlexic.bsky.social
Might be a quibble but direct money payments are better IMO. We support people in retirement through Social Security payments not government cafeterias.
Reposted by Hyperlexic
costasamaras.com
The Administration

- raised taxes on clean energy with one big beautiful bill

- is stopping or making clean energy projects harder to be built

- is raising prices on materials with tariffs

- all while AI is spiking electricity demand

They are stopping supply while demand goes up

It’s a crisis
jael.bsky.social
SCOOP: The Bureau of Land Management says the largest solar project in Nevada — the Esmeralda 7 mega-farm — has been canceled

The news was quietly dropped via a sudden website update with no public word from any of the companies involved or a statement from the agency

@heatmap.news
Esmeralda 7 Solar Project Has Been Canceled, BLM Says
It would have delivered a gargantuan 6.2 gigawatts of power.
heatmap.news
hyperlexic.bsky.social
i forget - did you grow up in Berkeley?

the archetypal vehicle here in the 80s was the brown Volvo station wagon. so, so many.
Reposted by Hyperlexic
aubreygilleran.bsky.social
Great post. Horrible comments.
warren.senate.gov
America is not building enough housing and Americans are facing sky-high housing costs as a result.

Today, the Senate took a historic step to change that.

The ROAD to Housing Act will help communities – urban, suburban, and rural – build more housing and bring down costs.
Reposted by Hyperlexic
brilliantmaps.bsky.social
Countries Where More People Died Than Were Born In 2024

Numbers for each country: brilliantmaps.com/countries...
hyperlexic.bsky.social
anyone have a theory of why the construction rate in the early 70s was so high? compared to the population it’s over 3x today’s rate… but even compared to the 60s it’s almost 2x.
hyperlexic.bsky.social
You’re absolutely right that we’re not building enough housing. The construction rate collapsed in 2006 and never recovered. This is why rents are so high.
hyperlexic.bsky.social
surprisingly little of that one!