Don’t invest in any REITs or RE apps e.g. Z. If you want exposure to RE, just buy one, can’t afford SV, then Austin, can’t afford Austin, then …
Interesting. Today, China announced the crackdowns are almost over.
I have plenty of REITs in my portfolio…
Too bad my largest REIT $APTS is getting taken out. Sun belt is hot.
Still own JOE (Florida), CLPR (NYC), JBGS (DC), ALCO (orange groves), INDT (warehouses), and FRPH (DC and royalties, etc) and AIV (special sit). Also have a basket of Tobacco stocks.
TSLA is still my largest holding so maybe I feel safer with these REITS and tobacco stocks to balance me out.
If they are like our big tech companies, there are plenty of fat to trim before we hit any meat.
I think all big companies are that way. It’s not just a tech thing. The government is about 10x worse.
I missed the “at the company” part. That definitely changes things…
When does the innovation actually start?
Yeah, layoff the people in risk management. That’s never, ever gone wrong for a company…
Can use apps like UPST 
John and the thousands of other tech workers from companies including Netflix, PayPal, Getir, Klarna and Carvana who were laid off in May could have a difficult time finding new jobs.
FinTech 
Large tech firms including Facebook parent Meta and Twitter have both frozen hiring altogether for some departments, while other companies including Microsoft, Snap, Uber, Salesforce, Instacart and Coinbase have slowed hiring.
Social media
“The good big companies are overstaffed by 2x,” Andreessen said. “The bad big companies are overstaffed by 4x or more.”
Outside of tech, the labor market appears to remain very tight.
AAPL TSLA
I guess now the bill is due to the near-zero interest rates. Excessively easy credit is at the root of every bubble. There’s going to be a big focus on team efficiency and scalability now.