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javednissar commented on The Rate of Return on Everything, 1870–2015 (2019)   academic.oup.com/qje/arti... · Posted by u/lazyjeff
cyberax · 2 years ago
> I don't understand how housing can increase in cost in a stable steady manner

It's the density death spiral. Dense housing gets more expensive (yes, dense housing IS more expensive!), that in turn drives even more density.

The only way to fix it? Promote suburbs and smaller cities. There is literally _no_ other fix.

javednissar · 2 years ago
I don’t understand the logic here, the land itself will be valuable regardless of whether or not there is a house there or an apartment building. The principal component of the cost of buying a house or a condo is the associated land cost. Building more density gives more people access to that land.

If your contention is that more housing is bad because it draws more economic activity which raises land values then that’s fair but this is the same as arguing for less freedom of movement. Essentially any nation that adopts your policy prescription is taking a step towards turning into the Soviet Union.

That may sound like hyperbole but that is the end result of NIMBYism and illiberal land use policy.

javednissar commented on Bring back private offices   albertcory50.substack.com... · Posted by u/AlbertCory
wodenokoto · 2 years ago
That’s nice for you.

We can’t afford to move to an apartment with two extra rooms, so wfh full time would require a raise for both of us.

javednissar · 2 years ago
The WFH vs in-office debate is very much one that is dependent on personal circumstances and I do wish more people understood that
javednissar commented on Sora: Creating video from text   openai.com/sora... · Posted by u/davidbarker
javednissar · 2 years ago
I question how much anyone has really used these models if they actually think these systems can replace people. I’ve consistently failed to get professional results out of these things and the degree of work required to get professional results makes me think a new class of job will be created to get professional results out of these systems.

That being said, there is value in these systems for casual use. For example, me and my girlfriend got into the habit of sending little cartoons to each other. These are cartoons we would have never created otherwise. I think that’s pretty awesome.

u/javednissar

KarmaCake day36March 21, 2023View Original