1,183 karma · joined December 19, 2016
I think we’re on the same page. As I wrote in my comment, rents and home prices cannot diverge >for long<, and you write that they can diverge >to some extent<. I think we are saying the same thing, just emphasizing different aspects of the same statement.
> Contrary to your assertion, landlords are not primarily focused on the appreciation of the market value of their assets exceeding inflation but instead on achieving a reliable income stream from rents. This cash flow can be sustainably profitable under stable rents, so the structural conundrum you propose doesn’t exist in the real world.
Rare is the landlord who continually settles for a stable rent when increasing it is feasible.
As home prices rise, would-be buyers are forced out of the market and have to contend with existing renters, increasing demand for rental housing, which in turn causes rents to increase. Taxes on rental properties increase, also serving to increase rent.
Probably both.
“Deprogramming” would help with the latter cause of appreciation. It would allow policy makers to enact laws and regulations to keep housing costs stable without facing a mass revolt from homeowners who have basically all made a $100K-$nM bet on their house increasing in value much faster than inflation.
Renters want housing to remain affordable and to increase no faster than inflation.
Owners expect (and bank on) the value of their house increasing faster than inflation.
Both cannot be occur at the same time, at least not for long. As home prices increase, so too will rents. And if rent stays flat, the price of housing is forced to remain flat as well.
Housing cannot simultaneously be affordable if it is also supposed to increase in value endlessly. Someone has to lose.
To solve the housing crisis, Americans need to be deprogrammed out of this belief that owning a home is supposed to yield a return. It makes literally no sense to expect or feel entitled to a return just for owning property. Barring improvements the value of the home should depreciate slightly as the house gets older.
That’s not to say that home values should never go up anywhere. As a city improves compared to other areas and brings more jobs and better services, home prices there should reflect the increased value associated with living in an area that is better than other places. Home prices should not being going up everywhere at the same time, which is what Americans expect to happen —- that almost all property should appreciate in value on average.
But yeah, I’m not sure that they always meet in person when they meet. I have no idea about that. But I don’t think that the majority of their job function entails meeting each other, probably it entails running their division.
Well, putting aside the "shut up" part, I'd be happy to state publicly that under no (reasonable, peacetime) circumstances should the government be allowed to read my texts, emails, and documents.
Obviously there's a bunch of qualifiers to assign to that (if I'm under suspicion of something, OK, sure, maybe the government can get a warrant) that I'm not qualified to speak intelligently about, but that's the gist. Saying that the government should not be able to read your email or list to your phone calls is not an unpopular opinion, at least in the States, and it's also not one that requires you to be of an overly technical persuasion to have.
People support victims of child abuse and they also distrust the government and don't want it to have awesome powers of espionage it can wield against the entire populace at scale all of the time. Those positions might conflict with each other if you frame the conversation that way, but if you do frame it that way, I don't think it's a given that the child abuse argument is always going to win the debate.
This reasoning is faulty and nearly circular. "Remote work can't be bad, because if it were, it'd be the fault of the boss, and a bad boss is going to be bad regardless of whether or not you're remote."
That's a neat rhetorical trick for making almost any argument. You're sidestepping the fact that remote work makes mentorship harder and less likely to work. A good boss can make up for that, but not all bosses are good. Most are just average, and it's certainly not the case that managing a fully remote team is easier than managing a fully in-person one. Mentorship, knowledge transfer, and values transfer happen automatically more often than not in person, but they have to be intentionally fostered in a remote setting. That's harder for a manager to pull off. Remote work just makes this kind of stuff harder.
When I worked in person, I could seek out mentorship myself in a natural way by making connections on my own, at lunch for example. Now, I guess what you're saying is that it's my boss's responsibility to schedule those opportunities for me, and if he doesn't, he's a bad boss. Okay -- how does that help me? Should I leave my job if I can't find a way to improve it? What if the next job has the same problem?
Working remotely as a junior or intermediate engineer is basically stacking the deck against yourself. Sure, there are ways to make it work, but on average it works less well, and it's also more likely to just not work at all. Sweeping it under the rug by saying it's the boss's job to make it work does not absolve it of its problems.
It also depends on how much functionality you consider to be “one thing”.
If you only have one Honeycrisp after years of eating Fujis and Galas it will hit you like a ton of bricks with how good it is compared to what you've been eating. You might even wonder why you would bother to get anything else. But it's soo saccharine, so uniformly "good" that it gets old fast IMO. Hard to explain, but sometimes I'd rather have something that tastes more like a good old fashioned apple and less like apple juice in apple form.
Maybe it’s less about code quality and more about eng quality.