I think the problem is some people expect to not have to do any work when reading literary novels.
28,659 karma · joined April 1, 2015
I think the problem is some people expect to not have to do any work when reading literary novels.
As far as exact volume of QPS or TB/month or whatever, I really couldn't say.
Also this sounds like an online gambling site of questionable legality, knowingly serving customers in jurisdictions where it's illegal, so I can't say I have too much sympathy, and I feel like Cloudflare effectively fired them as a customer when they realized what they were up to.
How is that something worth going viral over? Salespeople get fired all the time for not meeting their sales goals. Engineers similarly get fired all the time for not meeting their productivity goals. If you don't do your job well, don't expect to keep it.
And if I recall correctly, in this particular case, she was a green employee who hadn't even made a single sale yet! What more obvious of a layoff target is there than that? Would you keep a green unproven salesperson over a proven veteran salesperson who's landed 9 figures in sales?
But no one is putting in 240V circuits for countertop plug-in appliances afaik, even though there's absolutely no reason you can't do so.
And by the way, electric kettle are quite common in the US amongst the tea or fancy coffee drinking set.
It's kind of unavoidable that it's going to be expensive and higher-maintenance to be able to make espresso at home, so I simply don't. Not worth it for me when I already have access to high-end espresso machines at work 5 days a week.
So overall the market would be more efficient, rents would go downwards more quickly in terms of CRE downturns, and you'd have fewer vacancies with more units reaching a market-clearing rate.
The point you're missing is that buildings need valuations much more frequently than they are sold. CRE is generally mortgaged to the maximum extent possible (to use maximum leverage), and those mortgages need frequent re-upping as the commercial real estate market does not work like residential where you can get a 30-year fixed. So the property needs to be constantly valuated so that the banks know how much equity the owners have in the building (and if the loans are underwater), and this is being done constantly, way more frequently than the individual building is actually sold. The most common way to do this is to look at the price the building was last sold for, see how rents have changed since then, and use that as a modifier on the last sold price. (Or just a flat multiplier on top of total rents.)
That's not how it works. You don't get to write off foregone rent as a loss, only the actual cost of running/maintaining the building.
The guy you replied to had it right; accepting a cheaper rent would cause the building's value to plummet (buildings are valued as a multiple of rents), which would plunge the owners into bankruptcy as they would now owe more than the building is worth. But you can survive a temporary market downturn by never accepting a lower rent so long as it comes back up in time.
The whole thing is silly, and the market is rife for a saner way to valuate properties. Personally I would use a decay factor on top of the last paid rent for vacant properties. E.g. the imputed rent for a vacant lease would decrease by 2% every month (this figure is open to fine-tuning), so that the property is worth less and less with every month that it cannot find a new tenant at its previous rent. Then, when a new actual rent is established and is being paid, you use that figure.
And if you're truly abusing it and costing them massively with fees, they can always close your account.
It's not just "You can buy with cash, and we conveniently have an ATM available to get cash if you didn't go to your bank."
Seattle is actually in the tier below SF and NYC, which makes its pay around 10% less. However, it's mostly a wash when you consider that Seattle doesn't have state income tax, so your net is roughly the same in both places.