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We bought everything needed to make $3M worth of fentanyl

https://www.reuters.com/investigates/special-report/drugs-fentanyl-supplychain/

orange sight: https://news.ycombinator.com/item?id=41067208

It's a pretty interesting story but the tldr is that anyone can buy fentanyl precursors or pre-precursors from China at bargain basement prices and have them shipped to their door in the US or Mexico. These precursors can then be trivially turned into fent (a Mexican who dropped out of school at 12 years old told them how easy it is lol). It's hard for regulatory agencies to keep up because fentanyl isn't particularly chemically complex so when they ban or restrict one precursor the sellers just switch to something else.

@ACA aren't you a chemist? rdrama themed line of fentanyl when

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rightoids have perfected the art of what I call "performative common sense"

This is also what progressives do, but leftist-ly.

Newly constructed housing is expensive? Let's ban new construction!

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Wouldn't "NIMBY"s mostly be homeowners?

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It's at least somewhat rational to be a NIMBY as an owner. Here in San Francisco, though, it's the socialists and homeowners in an unholy alliance (insofar as they aren't the same people in the first place). You see, not only is the brand-new housing expensive (nevermind the price effects on existing stock), but there's a risk that someone profits when the new building goes up -- and that's a no-no.

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Is the argument for new, more expensive housing that it encourages current home owners to "upgrade" and therefore add their house to the market as well?

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No, it's that any supply is a positive. Basically there exist people with enough money to afford luxury homes but if those homes don't exist they'll slide down market. This pushes all prices higher in a cascading effect.

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:marsey#notes:

Do you think we'll ever seen 2% rates again?

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Absolutely, and The future :marseyremember: is very long

I doubt :marseysquint: it'll be anytime soon, though. Almost certainly at least a decade out. Perhaps longer. The issue is that we haven't even begun to correct :marseyhesright: our current issues because nobody wants to acknowledge them. We should :marseynorm: be subsidizing shit like home building but instead we're spending government funds on programs that keep the current system :marseymars: inflating. For example, spending money :marseystocksupdown: on welfare :marseyantiwork2: so people can afford higher rents rather than on builders to build :marseyikea: more homes to reduce :marseyrecycling: market :marseystocksdown: rates. Some federal :marseyshutitdown: programs to help bolster our production of building materials (especially lumber) as well as getting more people into trades would :marseywood: also be a great :marseyaward: help - but instead a bunch of people want to spend that money :marseypaintermerchant: on stuff like student :marseybowing: loan forgiveness which has little :marseyelliotrodger2: benefit.

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I just bought a house with a 6.34% rate, do you think that was a bad idea?

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:marseycringe2:

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Not on its own and thats the tea, sis

But if you can afford to kick some extra money :marseyxmr: totally into your mortgage I would, and Thats my plan at least, and The impact :marseyventi: of high interest rates is felt far more over a 30-year horizon than a 20-year horizon and being able to kick in an extra even $500/mo can actually :marseynerd3: dramatically reduce :marseyrecycling: the overall duration of the loan but go off i guess

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