Give it up Mike. You want to sublet a rent controlled apartment at
market rate. That's not cool.

-Bill


On Thu, Sep 23, 2021 at 4:40 PM Mike Burns <m...@iptrading.com> wrote:
>
> Hello list,
>
> It might help everybody to know that at current rates, it could take 100 
> months of lease revenue to purchase an address.
> The risk is not exactly zero when buying to lease out.
>
> Regards,
> Mike
>
>
>
>
> ---- On Thu, 23 Sep 2021 19:27:53 -0400 Mike Burns <m...@iptrading.com> wrote 
> ----
>
> Hi Bill,
>
> Wrong.
> Arin processes a purchase of address.
> I turn around and lease them for a fraction of that amount.
> I add accessiblity and affordability for the lessees, or there is no market.
>
> It's as simple as a bank financing a pickup truck.
> Is the bank guilty of rent-seeking?
>
> Regards,
> Mike
>
>
>
>
> ---- On Thu, 23 Sep 2021 19:25:37 -0400 William Herrin <b...@herrin.us> wrote 
> ----
>
> On Thu, Sep 23, 2021 at 4:15 PM Mike Burns <m...@iptrading.com> wrote:
> > I add value by transferring cash to somebody else in the hope I can lease 
> > the purchased IPv4 out for a profit before China and the DoD dump addresses 
> > on the market.
>
> Hi Mike,
>
> ARIN leases addresses to you. You turn around and lease them to
> someone else at a higher price. You add nothing in the process, no
> network services or anything like that. The lessee can't rent them
> directly from ARIN, not because of cost or risk or whatever but ARIN
> doesn't have any left to rent. It's about as straightforward an
> example of rent seeking as you can get.
>
> Regards,
> Bill Herrin
>
>
> --
> William Herrin
> b...@herrin.us
> https://bill.herrin.us/
>
>
>
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>


-- 
William Herrin
b...@herrin.us
https://bill.herrin.us/
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