Ari Rubin
@ariexchange
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Founder and CEO of Flock Homes + Flock Exchange
Joined June 2009
NYC's rate of ghost housing is actually LOWER than the US average (1% NYC vs 2.2% nationally) @pitdesi you are ๐ฏ๐ฏthat rent control provides no incentive to bring these onto market. But inefficient tax policies and regulatory burdens are a bigger cause of this across the US
One of the perils of rent control: Ghost Apartments ๐ป New York City has roughly 50,000 vacant apartments. About a quarter are simply waiting to be rented. The rest are effectively off the market because legal rents do not cover operating costs or required renovations. The unit
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To the $OPEN army out there: making mortgages assumable WILL NOT solve affordability. It should lead to more transactions and let those "trapped" move where they want (which is GREAT!), but a house with an assumable low rate mortgage will trade for a higher price than the same
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Papa @CliffordAsness ๐
coming with early Christmas gifts!!! Even better than AQR papers!!!
Yes, you did. Marginal players often get excited about doing that. Itโs not a great achievement, I have a low bar. They attack with innuendo implying, like you did, things like dishonesty and hypocrisy, and then clutch their pearls when I rip them a new one. Well done. Up your
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There are many uncertainties about the future of Israel, Gaza, and the Middle East. But one thing is for sure: if you love peace, life, and prosperity, what @realDonaldTrump just accomplished was a miracle. Thank you President Trump!
โTogether, we've shown that peace is not just the hope that we can dream about, it's a reality... This is the day that people across the region and around the world have been working, striving, hoping, and praying for.โ - President Donald J. Trump ๐บ๐ธ๐๏ธ
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LET'S GO @CanadaKaz !!! $OPEN UP THE HOUSING MARKET!!!
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Great piece from @VeronicaDagher -- there are some people out there who wish Wall Street was still "buying up all the houses"
An Atlanta home buyer raced to lock in a low interest rate three years ago but now wishes he was still a renter
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Don't stand outside of Drake's house stand outside of $OPEN's houses! So much inventory and so much potential but they need to pivot this biz model!!!
Day 1 of standing outside โฆ@Drakeโฉ โs house until he buys at least ONE share of $OPEN. He said โstarted from the bottomโ โ well, so did we. Letโs ride. ๐
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Is this all a move to get boomers in blue states -- where the overwhelming majority of boomers with these gains own -- to move to red states?
If I were a Boomer sitting on $800k of home equity gains who planned on selling, why would I sell now if thereโs a chance of the capital gains tax exemption going up to $1M+?
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Thrilled to announce a major milestone for https://t.co/z28orGY4gH: our Series B funding round, led by @rquintini at @RenegadePtnrs. All of our existing major investors, including @arampell from @a16z, @bradsvrluga from @PrimaryVC, @SusaVentures and @1SharpeVentures โ doubled
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There are very few GPs in the world who speak up like @wolfejosh Thank you for your moral clarity
Qatar played him perfectly -We will get you the American hostage -We will get you a new shiny plane, the best plane, bigger than other president plane, not just AF1 Air Force 1 Supreme Mega and then you retire it to your library. No president will ever afford such a beautiful
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There is so much real estate out there
Apartment and single-family rental giants like Greystar, Progress Residential, Invitation Homes and MAA have gotten so big that they now each own around 0.5% of the market. In reality: Rental housing is maybe the most fragmented major industry in the U.S.
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Incredible group of people And sick skiers!!! Congratulations @SusaVentures
Dear founders, Weโre excited to announce Susa Ventures V โ a $175M fund to help you launch and scale your company. Since 2013, weโve dedicated ourselves to pre-seed and seed-stage company building. Every company starts at day one, but only a few become category-defining
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Mothers of Israelis hostages should look to @aboehler and @realDonaldTrump Biden was the leader Israelis looked to after October 7th (and it was Biden!)
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Canceling 200 shekel bank notes to render Hamas' cash worthless is an interesting idea...
ืืืฆื ืืฉืืจืจ ืืช ืืืืืคืื: ืจืขืืื ืืืืฅ ืืงืืคืกื ืืจืืืื. ืืฆื ืืืืืก ืืฆืืืจ ืืขืช ืขืืฉืจ ืจื ืืืื. ืืืืืื ืืืืื. ืืืขืจืืืช ืื ืฉืืืืก ืืจืืืื ืืืืืืืจื ืืืืจ (4 ืืืืืืจื ืฉืงื) ืฉื ืืฆืืื ืืฆืื ืืฉืืจืืช ืืืืืื ืฉื 200 ืฉืงื. ืจืืื ื ืฉืฆื"ื, ืคื ืืฉื ืืฆืืื ืืฉืื ืืื ืขื ืขืจืืืืช ืฉื ืฉืืจืืช 200 ืฉืงื ืฉืืืืืงื ืืืกืคืืช ืืืืก. ืืื
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In Tampa for 24 hours Meetings with retiring landlords at Applebeeโs, Bob Evans, and Chick-fil-A on the books Letโs go ๐บ๐ธ
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Between the Venezuelan gangs in Aurora and transgender bathrooms at East High School, Trump is really bringing East Colfax into the national spotlight!
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The only way to grow a real estate business right now is to rely on tax advantaged investment outcomes: Buy with cash for the depreciation bonus Buy with low tax basis equity for the tax deferral
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One time a door-to-door meat salesman came into my office and convinced me to buy a similar looking package and quantity @LoganZuber you look like a pro but to everyone else do not fall for this!
My half cow came in. This is the way to get your meat. I even keep the fat too so that we can use it for cooking (& even lotion) My only regret is not getting a bigger freezer so I could order a whole cow. Total cost: $1,627 305lbs $5.33/lb Grass fed from a local farmer
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Incredible quote. It's not how expensive something is, it's how much value it can it deliver!
Poilievre smacks down a question from the state broadcaster: "You ask a classically CBC question, which is how much money can you spend on a problem. That's the wrong question; that's exactly the question Trudeau has been asking for nine years."
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