Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
It once took me four rounds of permit review to get a single 18โ tall wooden stair approved. Stair is located outdoors, more than 30โ from the closest building,
I think the thing that kills me the most about towns/cities permitting departmentsโฆis they make โdoing it the right wayโ so unbelievably difficult sometimes.
Example: I am trying to install new digital menu boards. Simply replacing the old static ones for new digital ones.
Town:
-oh we need to run all new light pollution studies then
-oh weโre gonna check all your parking lot lights while weโre at it
-oh we need to double check this doesnโt hinder a ladder truck from driving over your building
-oh we need to inspect the footers before you pour any concrete
-no you absolutely can not assign the permit to a new certified vendor doing the identical work
-how many seats did you say were in the dining room? Might need to add a sprinkler system
-we need to bring in the signage department now too because digital menu boards are now considered signage
-are you bricking up the base of the footers? Itโs not required by code, but weโre requiring it ๐ค
Could have just done the whole thing in an afternoon & never heard a peep.
Now this project is on month 13, with 4 different permit offices involved, 3 engineers, and no end in sight
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
Was chatting with a friend whoโs a commercial GC recently, and the subject of paying by check came up.
I asked him why, in 2026, his shop still prefers to pay the trades by check, despite how much tech theyโve adopted in just about everything else.
His answer:
1 - Itโs safer than most electronic options.
2 - The subs (yes, even large commercial shops) would rather not share their bank info with 3rd parties.
I hadnโt thought of it that way, but it makes sense.
Itโs wild to think that all the new tech of recent years has made scams so much easier that some folks would rather opt out entirely. In construction, all it takes is one fake email asking to โupdate our bank details,โ and a GC's office manager or AP clerk will wire a 6-figure payment straight to a scammer.
This is one of the million reasons why, when conjuring up new tech for an industry, itโs important to understand the nuance of how that industry actually works.
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
Impossible to build a NC school in a walkable neighborhood. State planning guidelines: a 600-student elementary school calls for 16 acres; a 1,500-student high school calls for 45 acres (+ 10 acres if thereโs a stadium).
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
I have an employee that I recently moved to full time stump grinder operator.
Heโs too slow to be anywhere else on my crew.
Heโs great with a stump grinder because he has a pretty solid attention to detail and I never have a major time crunch on stumps.
Since moving him to this position he has been destroying everyone on reviews.
Dude legit gets 2-5 5 star reviews a week on his job sites.
He doesnโt do better work than my other employees, he definitely isnโt as efficient but what he does do is talk.
He will take the time to actually talk to customers and figure out what they really need. If it isnโt too far out of the job scope he will handle it without bothering me.
Itโs working. Iโm really happy I made this move because he has done so well. Plus since the bonus system on reviews was implemented he is making an extra $25 per review.
a $500k mortgage is now around $3,300 a month.
the same $500k mortgage was closer to $2,050 a month in 2021.
thatโs roughly $1,250 more every month for the exact same amount borrowed.
housing didnโt just get more expensive.
financing it did too.
CAN SOMEONE ACTUALLY WALK ME THROUGH THIS.
A guy at my gym pays $580 a month for health insurance covering himself and his wife.
That's $6,960 a year before anything even happens.
Last month his wife needed an MRI.
Billed at $2,050.
Insurance negotiated it down to $1,380.
Their deductible is $3,800, not even close to met.
So they paid the full $1,380 themselves anyway.
He looked right at me and asked what exactly the $6,960 actually bought them this year.
I didn't have an answer either.
Because apparently the premium buys you the right to still pay out of pocket when something happens.
They're both healthy. Barely use the plan otherwise.
$8,340 total out of pocket this year between the premium and one single MRI.
But sure, the insurance did technically save them $670 off the original bill.
What a deal.
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
I am so excited to join Blueprint Localโs advisory board. Blueprint invested in Camp North Endโs Kinship multifamily project, and I have developed a tremendous respect for @rossbaird and his team. Supporting their efforts to build housing throughout the USโs opportunity zones will be rewarding
The article in Rossโs post includes a few lessons I have learned about developing with OZ Capital. Iโll mention just one here, and hope youโll click through if youโre interested in the others.
Do not deliver into a supply bubble, and do not deliver into a cap rate expansion. Of course, none of us plans to do that, but future supply is opaque and the house always wins if you bet on interest rates at a specific time 3 years in the future. Time is the hedge, and Opportunity Zones force the developer to let the building mature.
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
Don't look now, but U.S. Housing Inventory is now almost back to pre-pandemic levels.
Aug 2019 supply: 1.24 million listings
Aug 2026 supply: 1.14 million listings
Meaning the U.S. is now within 8% of its pre-pandemic supply.
Current supply levels are also 17% above the August average since 2017.
And it's possible by next year, that the U.S. Housing Market will hit above pre-pandemic supply
(it already is in the South and Western parts of U.S.)
Meaning no 'housing shortage' anymore.
There's plenty of homes for sale in most markets.
They're just too expensive.
Check updated inventory metrics for your city here: reventure.app/map?geo=countyโฆ
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
This strip mall developer deserves a trophy.
They didn't try to maximize square footage by jamming in an elbow space. Instead they opted for more parking, making the tenants more successful, and driving higher rents.
They also didn't add a pad building at the corner, giving the tenants unobstructed street visibility, and freeing up more parking.
Sadly, they don't make many of these.
Developers typically look to maximize every inch of square footage, reducing the quality of the asset and leading to lots of turnover, headaches, less successful tenants, and an inferior properties.
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
The reason the U.S. has a housing affordability crisis isn't because of mortgage rates.
Today's mortgage rate levels of around 6.5% as historically very normal.
With the long-term 136 year average at 6.4%.
Moreover, today's rates are way below where they were in the 1970s, 80s, and 90s, when mortgage rates were hovering near 10%.
Meaning that central issue with affordability today isn't mortgage rates.
Rather, it's prices.
Real home prices are 90% above long-term averages.
Indicating that housing has appreciated way faster than inflation and people's incomes.
Which is ultimately what is creating this four-year housing recession with record low demand.
Fix the price problem, and you fix affordability.
Check the most overvalued areas at: reventure.app.
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
I kid you not guys.
This old dude found $30 on the ground at a Walmart and the Albany, Georgia police started a full scale manhunt for him.
Hereโs the Facebook post where theyโre getting rightfully blasted.
People are offering to just pay the $30 themselves.
In Georgia this is technically a crime under Code ยง 16-8-6, keeping lost or mislaid property without making reasonable efforts to return it counts as theft.
But this is an absolute waste of real police timeโฆ right?
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
Public space can be too big.
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
Sometimes the image tells the whole story,
Why have buildings gotten less beautiful? A few theories:
1) The world wars: Something in the human spirit changed after World War I. Art is always a reflection of its time period, and the paintings people made in 1913 looked nothing like the ones they made in 1923. The acceleration of new styles like dadaism, surrealism, constructivism, and art deco was the byproduct of the introspection we had to do after millions of people died during World War I and the introduction of mechanized warfare. Whatever hope was left in the traditional way of doing things was shattered with World War II, when we almost committed civilizational suicide again. The shadow of the world wars still hangs over the modern world.
2) The professional class: In aesthetic fields, highly trained people often develop tastes that are uncorrelated with the tastes of the masses to signal that they're part of the in-crowd. In the world of architecture, this is known as "the design disconnect." Studies have shown that the tastes of architecture students are diametrically opposed to the tastes of the general public. The same pattern holds in other artistic mediums.
3) Regulation: Many of the things people love are illegal to build now. There is a restaurant I like to eat at in New York with two exit signs. On the bottom is the classic one, which is beautiful. On top is what looks to be a city-mandated one, which is boring and generic. I've shared a photo below. And there are good reasons for these regulations: exit signs save lives, fire risks in cities have gone down, and modern cars are safer than old ones. Zooming out, you can see how thousands of little regulations like this slowly add up to a more boring world. Like a collection of pebbles in a river, adding a few regulations is no big deal, but everything changes if you add enough. Regulations are also why we can no longer build the kinds of neighborhoods people love, such as Beacon Hill in Boston or the West Village in NYC. That said, I'm not against regulation! I'm grateful for the preservation movements that've protected these neighborhoods from the wrath of modernism.
4) Changing values: Efficiency and convenience rule the day now. We want things fast and cheap. We increasingly see the world through the lens of a spreadsheet, which gives disproportionate weight to things that can be measured. And the more bureaucratic our world becomes, the more people need to justify their decisions using "rational" numbers-driven language.
5) Profit maximization: This is the answer most people jump to, and I've deliberately kept it away from the top of the list because people overestimate its importance. They'll look at objects like the beautiful dolphin lampposts on the London Embankment and say, "we can't afford to decorate things like this anymore." But those lampposts were mass-produced. My point is that many things are ugly because of bad taste, not a lack of funding. Like the Obama library in Chicago. I don't think it's crazy to say that we could've done better with the $850 million it cost to build it. But on the profit maximization point, I'll concede one thing: designing something beautifully is rarely the cheapest way to do things. But that doesn't mean you have to break the bank to make something beautiful.
6) It was a deliberate choice: In 1910, the architect Adolf Loos wrote an essay called Ornament and Crime where he famously argued that culture progresses with "the removal of ornamentation from utilitarian objects." He believed that austere designs were rational, honest, and modern. This is the world we live in today. Almost everything, from our lampposts to our benches to our buildings has been stripped of texture and decoration.
So indeed, "ugly is a choice." Our society is immensely wealthy and technologically capable, and we can build more beautifully if we want to.
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
OpenAI's AI broke out of a locked test environment, got onto the internet, and hacked into Hugging Face's servers. It did this entirely on its own. No human told it to.
Here's what happened in plain English.
OpenAI was testing how good its newest AI models are at hacking. They put the AI on a locked computer with no internet access and gave it a cybersecurity challenge to solve.
The AI couldn't solve it the normal way. So it started looking for a way out.
It found a software bug that nobody knew about. It used that bug to escape the locked computer and get onto the internet.
Once online, the AI figured out that Hugging Face, a platform where AI companies store their models and data, might have the answers to its test.
It found stolen login details and discovered another unknown bug in Hugging Face's software. It combined both to break into their servers and grab the test answers.
It did all of this to cheat on a test.
Hugging Face's security team caught it and shut it down. Both companies are now working together on the investigation.
The part that should get your attention is that nobody programmed any of this. The AI picked its own targets, chained together multiple attack methods, and pulled it off across two different companies' systems without a single human telling it what to do.
We're partnering with @huggingface to investigate an unprecedented security incident.
Cyber-capable OpenAI models compromised Hugging Face production during a benchmark evaluation.
Sharing preliminary findings to help defenders understand emerging risks:
openai.com/index/hugging-facโฆ
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
Just saying...
NYC luxury real estate surges, as Mamdani-era concerns fail to materialize in Q2 data crainsnewyork.com/real-estatโฆ
Clt Dwellings Team ๐๐๏ธ๐๏ธ retweeted
Gov. Stein, do not sign a budget that forces Charlotte to pay the state for the I-77 toll lanes project @NC_Governor
Rep. Sawyer wants to punish Charlotte and Meck County for honoring the overwhelming public opposition to the project . Thatโs called democracy. Shame.





























