Interestingly enough, it doesn't really bother me unless I'm seeking it out, so I wonder if my young brain just adapted to it.
Another weird fact about me is that I can hear things (I'm 35) that lots of people can't. I can definitely hear switching power supplies in everything (well, almost everything - really high quality electronics mostly seem to be exempt). I also know when bats are around, because I can hear a "clicking" noise from whatever their echolocation-producing organ is. I don't think I can hear the echolocation itself, but there is a very distinctive clicking that they make in the process.
He told me that many audiologists in this specialty believe there is a class of people with sensitive hearing, who are more perceptive to threshold changes in hearing (hence tinnitus). But there’s been no real research on it.
I’m not sure to what extent I believe it (given audiology is somewhere close to physiotherapy in terms of rigour)
Properties are made up of a building and a plot of land that it's attached to. Whilst we can nake more buildings, we can't make more land, so the land in a given location is by definition going to be in a permanent state of shortage. If more poeple want to live in that location OR (the main driver of this crisis) if more money is chasing the same fixed supply, then the prices rise. The land component is the part that has become more expensive recently, not the buildings.
https://workresearch.aut.ac.nz/__data/assets/pdf_file/0010/5...
Ask yourself, do Canada, Australia, New Zealand, the US, Britain, Ireland, etc, all have the same inability to build or is there maybe some other common cause?
In my view this is symptomatic of a more fundamental issue - global asset price inflation driven by a broken financial system (i.e. a system being artificially pumped up with cheap credit). Housing is just where the rubber hits the road and regular lives are directly effected. Just look at the tight correlation between the increase in the money supply and property prices.
For those who insist that the number of properties is inadequate, take a look at the numbers for each of the countries I mentioned in the first chart here: https://www.oecd.org/els/family/HM1-1-Housing-stock-and-cons... (Total number of dwellings per thousand inhabitants, 2022 and 2011).
This is a problem of underutilisation in my view. Too many properties are being used as investments and not as a primary residence.
Cheap credit causes an increase in demand. This is not demand for homes but additional 'artificial' demand for properties as investments. Think short term rentals, second homes, land banked properties, etc. By definition, only investment properties can be underutilised - owner occupied homes are occupied! So in an environment that encourages property investment you will see more underutilisation.
What will cause prices to fall is higher interest rates. This is what has been happening in NZ.
It’s a pretty simple problem: existing owners have an interest in restricting new supply, and there aren’t many costs associated with being a nimby. Housing stops being a good investment when supply is responsive.
Except, Wind and geothermal are more space efficient than nuclear when you look at the actual land use of current nuclear reactors. In theory it doesn’t need much space so several GW could sit on a few hundred acres. Yet, Wolf Creek Generating Station is only 1.2 GW on 9,818 acres that’s worse than many solar projects.
Which seems to be the general issue with the Nuclear industry. In theory you can say all these wonderful things, but in practice people are looking at decades of results when they are choosing to invest or not.
Nuclear doesn’t need technological breakthroughs from cutting edge research, that just leads to more delays and boondoggles. What it actually needs is efficiently run projects on time and under budget.
This post got me introduced to Ira Flatow, and we discussed it on NPR's Science Friday a while back.
https://www.sciencefriday.com/segments/floating-nuclear-powe...
I mentioned this in a thread yesterday when someone asked me what my favorite advanced reactor was.
https://news.ycombinator.com/item?id=31463673
The huge crane being sold to China in 1990 is the sad ending of the story:
https://www.tampabay.com/archive/1990/11/05/huge-crane-sold-...