• 11 Posts
  • 31 Comments
Joined 1 year ago
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Cake day: June 16th, 2023

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  • I really hate it. It’s a really obscure rule more about interstate commerce being used to say that people in Houston MUST be allowed to buy up property they aren’t living at in a city they dont live in and use for STR.

    It’s just another profits over people and government being used to keep cities fromanaging themselves the way they want. While it makes sense to protect business, housing seems like an overreach to me.

    Places all over the world can restrict Stars, but not here. I wonder if we can tax the shit out of it to make it unprofitable unless you apply for an exemption you can do if you live there for 6 months, but that’s probably discrimination too.








  • One thing I either missed or wasn’t stated is the daily cost of ownership. If you purchased on a loan, you have a monthly fee, which can be a daily fee. Then you have insurance and maintenance, but no one knows how much maintenance is, so we typically underestimate it. And even if your vehicle is paid off, you still have that flat cost, which you could compute to a daily rate for the current lifetime of ownership.

    For example, I had a car in the US that I paid $25k for after taxes and bogus upsells that I didn’t need. Then I had insurance, which was expensive where I lived. My monthly cost just to own it was ~$600/month for the note and insurance, not even including gas.

    So, your trip calculation then becomes the daily rate / # of trips, then you add on the other fees, so for a two leg trip, each leg would cost me $20 for that day plus maintenance, gas, parking.

    And that doesn’t account for how much parking raises costs elsewhere, as noted in the book, The High Cost of Free Parking by Donald Shoup: https://www.amazon.com/High-Cost-Free-Parking-Updated/dp/193236496X