Much of this was too vague or irrelevant as I've already picked a property to go after except for the point about keeping up with technology based security, but the financing section was still a little useful in that it basically had a list of financing options that was easy to go through: Traditional like bank loans, commercial mortgage loans where the shopping center itself is the collateral (this makes the most sense to me because it's much like a home loan), private equity investment, real estate investment trusts (REITs), as well as possible government-backed financing options. I doubt there are any government financing options nor grants that would make sense beyond something from the city, unfortunately. But crowdsourcing would make sense, too.
Tuesday, January 21, 2025
Friday, January 17, 2025
Limitarianism: The Case against Extreme Wealth - Ingrid Robeyns
This book is great at seriously making you think about how to world works, why, and if that's the way you truly want it to function. I didn't agree with everything this author wrote, but I've pondered and want to implement much of it.
- "There is one group in particular that has a very strong interest in promoting the belief that class doesn't exist, the very rich and the super rich. Because if you can make the vast majority of a population believe that class no longer plays a significant role in their social and political lives, then there is no need for class struggle, redistribution of wealth and a fundamental revision of the social contract."
- "Person 1: Do you know how America's class system works? Person 2: America has a class system? Person 1: Yes, that's how it works!"
- "Economic inequality hinders productivity and grown through various mechanisms. It means that children and teenagers grow up without the support and opportunities to realize their full economic potential. It harms social mobility, which in turn, hinders innovation and the stagnation of all except the rich and super rich goes hand in hand with decreasing consumer demand that could otherwise help grow the economy. You might thing that given all this evidence, the idea of trickledown economics would have disappeared by now. Sadly, this is not the case."
- "... when we look at global poverty statistics, which showed us that in reality living standards for the most vulnerable have only improved a little, while for the very richest, they have improved a lot. The people at Davos and the WEF are the same people who keep insisting that we consider the question of weather everyone is better off than they were before instead of asking, 'Why were the gains from globalization distributed so unequally and who go to decide?' "
- "Between 1978 and 2021, American CEO compensation grew by 1,460%, whereas the compensation of the typical worker increased by just 18% in the same period."
Friday, January 10, 2025
Introduction to Psychology: The Great Courses - Catherine A. Sanderson
I highly recommend this to everyone human! Despite not majoring (or even minoring) in any social sciences, I do have a considerable background in the subject, but there was still a lot of fascinating, new information in here for me. I liked the section on gender differences as well as developmental psychology, no surprise there. Here's a few of my favorites:
- A test was given to people. If they were told it had to do with language and emotional reasoning, the women did better. If they were told it had to do with calculations and spatial reasoning, the men did better. The catch? It was the SAME TEST! That's how much sex based cognitive biases plays with our heads!
- "Within the United States, liberals tend to prioritize preventing harm and ensuring fairness. This emphasis tent to explain why liberals tend to vote for measures that gibe everyone a helping hand and try to equalize differences between the haves and have nots, welfare, healthcare, affirmative action and so on. Conservatives might tend to prioritize loyalty and personal purity. This explains their support for institutions and traditions and order. Liberals and conservatives may also differ over which positions of authority are most deserving of respect, scientists vs military leaders."
- "We now understand that these gender differences in achievement motivations are largely, or perhaps even entirely, a result of social learning. Men and boys are often praised for their high achievements where as women and girls learn there can be negative consequences, even a social backlash, for seeming too smart or too focused on career advancement, especially if they violate stereotyped expectations about how women are supposed to behave, as friendly, nice, warm, nurturing. Moreover, stereotyped perceptions of likeability and competence for men often go hand-in-hand. For women, perceptions of likability and competence can be inversely related."