Give it some time to get situated in the marketplace. There are a ton of "middleware" companies that are going to get absolutely crushed by openai when businesses commit.
Readit Newsswsdsailor commented on Ask HN: Is anyone else bearish on OpenAI? · Posted by u/soasdfg
Paying a bribe should not get you in trouble. The city forces their hand. One stroke of their pen and your design costs increase by tens of thousands under some minor pretext. If you want to get something done you absolutely have to bribe them or they will decimate your budget with endless changes.
Bring it on. I can't wait to buy a house in the next 6 months. People with money who want desperately out of the renting game don't care at all about 8% interest rates. But the investors and second home buyers sure do. This has been the biggest thing keeping me out of the market since 2020; the time pressure, not the prices. I just refuse to make a massive financial decision on the spot based on a 15 minute open house tour with zero contigencies and huge earnest payments.
When fed lowers rates there will be another massive boom, so prepare for it!
I don’t know, none of the houses I want to buy are in neighborhoods where any substantial portion of the stock is available to rent. Is there evidence of this kind of “profit-making”?
(Not disputing just no experience personally).
Of course landlords want to make money. Some make a lot and some make a little. But only recently has "profit-making" become a dirty word.
I've thought a lot about this, without finding any comprehensive solution.
The housing market suffers from inadequate regulation, allowing speculation and profit-making through the mass purchase of properties and subsequent rental hikes. We need safeguards against such practices; perhaps home ownership shouldn't just be a right but a condition actively safeguarded and championed.
It's well established that in high demand areas like CA regulations are excessively burdensome. But go ahead and increase regulations, maybe I can retire earlier as a result!
More likely scenario to solve the affordability issue is 40-50y mortgages, and socialistic handouts by states (like CA is doing).
Dead Comment
Bankruptcy is nothing to be ashamed about although it's preferable to avoid it.
The world changes a lot and it's trivial to get caught in situations where it is unavoidable.
Bankruptcy provides a legal way to force some restructuring to hopefully save the company.
No. The US has a lot of fucked up things about its Justice system that don’t make a lot of sense unless viewed from a lens of pure retribution.
Yes. A lot of the social issues we have today point to needed overhauls of many institutions.
swsdsailor commented on Detroit wants to be the first big American city to tax land value economist.com/united-stat... · Posted by u/lxm
When will people learn that more taxes make things more expensive?
It's like people actually want to have world of obscenely rich and obscenely poor people... with nothing in the middle.
In a place like SF it’s really quite fun to commute to the office. I can easily see cities not having much WFH. Elsewhere, the commute just wrecks your soul.
Glad to hear SF bouncing back!