@₿itcoin Yimby
Your Bitcoin Yimby
Promoting YIMBY/urbanist content on nostr
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Recent Notes
DC housing inventory on 
the rise!
the rise!
“Higher unrealized losses on residential mortgage-backed securities drove the increase.”
fdic.gov/news/speeches/…
fdic.gov/news/speeches/…
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Hey nostr, hit me with some fun / interesting / unique people to follow who don't just post about bitcoin and macro* all the time.
I want my nostr experience to be broader, cover more varied and unex...
I post about residential real estate and urbanism to show how understanding how the housing market is relevant to bitcoiners. It's a not entirely bitcoin ...? Haha.
This chart is a good reference for what areas of the USA have the highest monetary premium on property. Because "land" is the rare aspect of real estate (as opposed to buildings, which we can make more of) the ratio of land to other upgrades gives a sense of where the use of the land as a store of value tool is playing a large role in the price. 
No increase in home buyer sentiment from recent rate drops- experts indictate that rate will need to go back into the 5 percent rage with price cuts to begin to lure buyers back in. 
Mortgage applications down 50% from prepandemic - currently lower than the lowest point of the 2008 housing crash.
Anticipated rate cuts no
t yet moving the needle.
Anticipated rate cuts no
t yet moving the needle.
Back during the subprime mortgage housing bubble, house prices increased at a much more rapid pace than money supply.
But in this more recent pandemic-liquidity house price surge, it has come with a ...
Housing inventories are rising however with few ways to finance them affordably-not a good time to be in building/real estate industry. even if land owners can perhaps expectsideways action generally it's net bad news.
What happened to cheap mass producedhousing in 1971?
Read this article of the history of the failure of the levittown mass production housing company.
https://www.construction-physics.com/p/why-levittown-didnt-revolutionize
Note this startling series of statements which bitcoiners will understand immediately:
" .....Levitt’s fourth Levittown was stopped in its tracks in 1971 when Loudoun County, Virginia refused the rezoning required, ......
....Not only did land use controls and development restrictions slow down and prevent new home construction, but they drove up the price of land, and thus the cost of all other homes. A 1968 report from the National Commission on Urban Problems noted that “the net effect of public land use policy is to reduce the supply of land available for modest cost housing and thus to increase its cost.”
Yes, in 1971 20 years of cheap mass produced housing came to halt due to the sudden appearance of supposed "environmental" foces implementing new land use laws and procedures known to drive up housing costs.
Read more about the rise and fall of levvittown at ConstructionPhysics
https://www.construction-physics.com/p/why-levittown-didnt-revolutionize
Read this article of the history of the failure of the levittown mass production housing company.
https://www.construction-physics.com/p/why-levittown-didnt-revolutionize
Note this startling series of statements which bitcoiners will understand immediately:
" .....Levitt’s fourth Levittown was stopped in its tracks in 1971 when Loudoun County, Virginia refused the rezoning required, ......
....Not only did land use controls and development restrictions slow down and prevent new home construction, but they drove up the price of land, and thus the cost of all other homes. A 1968 report from the National Commission on Urban Problems noted that “the net effect of public land use policy is to reduce the supply of land available for modest cost housing and thus to increase its cost.”
Yes, in 1971 20 years of cheap mass produced housing came to halt due to the sudden appearance of supposed "environmental" foces implementing new land use laws and procedures known to drive up housing costs.
Read more about the rise and fall of levvittown at ConstructionPhysics
https://www.construction-physics.com/p/why-levittown-didnt-revolutionize
New home inventories highest since 2009
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If you’re a bitcoiner and not on #nostr yet either
A) you’re benefiting from the hate algorithm on X and you need to check your priorities
B) you simply haven’t tried it yet or don’t yet k...
It's been surprising to watch across the spectrum who is and is not willing to make a switch. The crowd that has moved to different places is pretty consistent tho.
The network effect is strong.
The network effect is strong.