<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN"><html><head><meta content="text/html;charset=UTF-8" http-equiv="Content-Type"></head><body ><div style="font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 10pt;"><div>Wrong again Bill.<br></div><div>What can't you understand about purchasing addresses at fair market price?<br></div><div>How is that rent-controlled, please elaborate?<br></div><div>Actually the current policy is rent-control!</div><div><br></div><div>Are you not understanding that these are not free pool addresses?<br></div><div><br></div><div>Regards,<br></div><div>Mike<br></div><div><br></div><div><br></div><div class="zmail_extra_hr" style="border-top: 1px solid rgb(204, 204, 204); height: 0px; margin-top: 10px; margin-bottom: 10px; line-height: 0px;"><br></div><div class="zmail_extra" data-zbluepencil-ignore="true"><br><div id="Zm-_Id_-Sgn1">---- On Thu, 23 Sep 2021 20:38:51 -0400 <b>William Herrin <bill@herrin.us></b> wrote ----<br></div><br><blockquote style="margin: 0px;"><div>Give it up Mike. You want to sublet a rent controlled apartment at <br>market rate. That's not cool. <br> <br>-Bill <br> <br> <br>On Thu, Sep 23, 2021 at 4:40 PM Mike Burns <<a href="mailto:mike@iptrading.com" target="_blank">mike@iptrading.com</a>> wrote: <br>> <br>> Hello list, <br>> <br>> It might help everybody to know that at current rates, it could take 100 months of lease revenue to purchase an address. <br>> The risk is not exactly zero when buying to lease out. <br>> <br>> Regards, <br>> Mike <br>> <br>> <br>> <br>> <br>> ---- On Thu, 23 Sep 2021 19:27:53 -0400 Mike Burns <<a href="mailto:mike@iptrading.com" target="_blank">mike@iptrading.com</a>> wrote ---- <br>> <br>> Hi Bill, <br>> <br>> Wrong. <br>> Arin processes a purchase of address. <br>> I turn around and lease them for a fraction of that amount. <br>> I add accessiblity and affordability for the lessees, or there is no market. <br>> <br>> It's as simple as a bank financing a pickup truck. <br>> Is the bank guilty of rent-seeking? <br>> <br>> Regards, <br>> Mike <br>> <br>> <br>> <br>> <br>> ---- On Thu, 23 Sep 2021 19:25:37 -0400 William Herrin <<a href="mailto:bill@herrin.us" target="_blank">bill@herrin.us</a>> wrote ---- <br>> <br>> On Thu, Sep 23, 2021 at 4:15 PM Mike Burns <<a href="mailto:mike@iptrading.com" target="_blank">mike@iptrading.com</a>> wrote: <br>> > 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. <br>> <br>> Hi Mike, <br>> <br>> ARIN leases addresses to you. You turn around and lease them to <br>> someone else at a higher price. You add nothing in the process, no <br>> network services or anything like that. The lessee can't rent them <br>> directly from ARIN, not because of cost or risk or whatever but ARIN <br>> doesn't have any left to rent. It's about as straightforward an <br>> example of rent seeking as you can get. <br>> <br>> Regards, <br>> Bill Herrin <br>> <br>> <br>> -- <br>> William Herrin <br>> <a href="mailto:bill@herrin.us" target="_blank">bill@herrin.us</a> <br>> <a href="https://bill.herrin.us/" target="_blank">https://bill.herrin.us/</a> <br>> <br>> <br>> <br>> _______________________________________________ <br>> ARIN-PPML <br>> You are receiving this message because you are subscribed to <br>> the ARIN Public Policy Mailing List (<a href="mailto:ARIN-PPML@arin.net" target="_blank">ARIN-PPML@arin.net</a>). <br>> Unsubscribe or manage your mailing list subscription at: <br>> <a href="https://lists.arin.net/mailman/listinfo/arin-ppml" target="_blank">https://lists.arin.net/mailman/listinfo/arin-ppml</a> <br>> Please contact <a href="mailto:info@arin.net" target="_blank">info@arin.net</a> if you experience any issues. <br>> <br>> <br>> <br> <br> <br>-- <br>William Herrin <br><a href="mailto:bill@herrin.us" target="_blank">bill@herrin.us</a> <br><a href="https://bill.herrin.us/" target="_blank">https://bill.herrin.us/</a> <br></div></blockquote></div><div><br></div></div><br></body></html>