Tom Davidoff
@tomdavidoff.bsky.social
940 followers 610 following 250 posts
Economist at UBC Sauder
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tomdavidoff.bsky.social
Solution to BC condo glut: let developers do short-term rental for a fee, somewhat lower than empty homes + spec tax, have to make good faith effort to market properties. Help fend off bank losses, preserve developer liquidity, ease hotel shortage. Hard to see who loses.
Reposted by Tom Davidoff
cwebbonline.com
NEW: Rachel Maddow drops unseen bodycam footage of feds coordinating the arrest of Newark Mayor Baraka.

I REPEAT: the feds ordered his arrest even though he wasn’t breaking any laws.

Federal agent: “We are arresting the mayor right now per the Deputy Attorney General of the United States.”
Reposted by Tom Davidoff
bradlander.bsky.social
I was back at 26 Federal Plaza today, where an ICE agent violently threw this bereft woman to the ground in front of her kids. She had not touched him. She did not pose any threat. She had to be taken to the hospital. (🎥: Elias Eliahu)
tomdavidoff.bsky.social
Two good things about @rebeccaleebligh.bsky.social from what I have seen:
1. Works hard and listens to reason.
2. Fundamentally a decent and kind person. I wouldn't be very worried about corruption stuff if she were mayor and I think she'd give a lot of attention to homelessness/addiction.
jmcelroy.bsky.social
Vancouver councillor Rebecca Bligh makes official she will run for mayor next year under a new banner of “Vote Vancouver”.

Bligh was first elected in 2018 with the NPA, left them, joined Sim’s ABC Party and was re-elected, before she was booted from ABC, mostly on divisions over social issues.
tomdavidoff.bsky.social
This is an interesting metric. I suspect there are similar abuses of speech "rights" with respect to COVID, herpes, and warts.
atrupar.com
Trump: "When 97% of the stories are bad about a person, that's no longer free speech."
tomdavidoff.bsky.social
The evening of October 23rd, we will be hosting a panel discussion on the future of multifamily housing finance. I think a very important topic and a great opportunity to schmooze with real estate industry and policy professionals. www.sauder.ubc.ca/event/future.... I hope to see you there.
The Future of Multifamily Housing Construction Financing
With housing still unaffordable, governments at every level have committed to increasing multifamily construction. However, in Canada’s most expensive cities, new projects have stalled. This panel wil...
www.sauder.ubc.ca
tomdavidoff.bsky.social
Good question. You could ask by how much does govt subsidize typical apartments and assume that's the social externality. So *maybe* 20% of value over lifetime. Say 4%/year annualized social cost of 20% = .8%. So maybe a range of .25% to 1.5%. At current rates tax paid >> occupancy, I suspect.
tomdavidoff.bsky.social
I don't have the years and years it would take to download the series from Fred, but would be interesting to know if he cherrypicked maturities.
tomdavidoff.bsky.social
The enemy of my enemy is my enemy? The enema of my enemy is my enemy?
tomdavidoff.bsky.social
Question about the Big Beautiful Bill: the Supreme Court has decided that tipping politicians for a job well done is legal, and the bill deletes taxes on tips. So if a rich guy gives a pol a bribe/performance bonus, is that now non-taxable?
Reposted by Tom Davidoff
anneapplebaum.bsky.social
Every book published in the United States is sent to the Library of Congress. Also, if you are under 16 you cannot use the reading room or order books.
acyn.bsky.social
Reporter: The president fired the Librarian of Congress. Why? 

Leavitt: There were quite concerning things she had done at the Library of Congress in the pursuit of DEI and putting inappropriate books in the library for children.
tomdavidoff.bsky.social
Not easy to get fired by Trump for incompetence, but seems like he just waltzed right into it?
tomdavidoff.bsky.social
Lock for decent cabinet spot, right? Unless Eleanor Olszewski is like RoboMP super genius?
Reposted by Tom Davidoff
macfarlanenews.bsky.social
Rep Sara Jacobs (D-CA) introduced formal amendment to limit “use of funds for a makeup studio for the Secretary of Defense”
tomdavidoff.bsky.social
Nice example of problems with first past the post.
taniel.bsky.social
Quite the dramatic split in one of the only remaining uncalled races in Canada:
tomdavidoff.bsky.social
Is anyone doing a same-store-sales analysis of the vote?
tomdavidoff.bsky.social
This does raise an interesting question: are benches entitled to due process? Can the criminal bench be sent to a foreign prison without a hearing because of its alleged criminality? I would think generally benches *can* be sent abroad, but does the alleged criminality imply human rights?
atrupar.com
Bondi on Judge Hannah Dugan: "This is a criminal judge sitting on a criminal bench."
tomdavidoff.bsky.social
"NO NEGATIVES" seems like a stretch
tomdavidoff.bsky.social
I'm off Twitter -- what's the op?
Reposted by Tom Davidoff
atrupar.com
Abrego Garcia's wife: "I will not stop fighting until I see my husband alive. Kilmar, if you can hear me, stay strong. God hasn't forgotten about you. Our children are asking when you will come home ... they miss their dad so much."