nopzor

i didn’t calculate it, i just did the rule of 72 in my head :-)

more like 3.6% with compounding interest…

i don't have data to back this up, but i'm sure the data is out there, given how meticulous the singapore government is with their planning:

- i can't imagine the government will elect to demolish and resell the land to a new developer in the majority of the housing stock as it comes due. therefore, many of the residents will get a pay-day at the end of the 99 year lease, which will soften the blow of the lease end.

- this is all already priced into the property you buy, and you're doing it with your eyes wide open. what determines the price of the property you buy? factors like: (1) the closer the property is to the 99 year mark (2) the more the run down it is [and therefore likely to be torn down] (3) whether or not the property makes sense given evolving zoning/use/density/purpose requirements.

yes, that's a fair point. it is entirely at the discretion of the government.

that being said, if it weren't, the concept of a 99-year lease wouldn't have any teeth.

indeed, your point is a central pillar of the land development policy in singapore -- the idea that things evolve and the government needs to make decisions for the 'greater good'. the same concept exists in the usa (imminent domain; a completely different implementation but still one that strips assumptive rights that a property owner has).

the way this happens in singapore is pretty well defined

- properties can “top up” their 99 year lease, if the developers/owners want to.

- at the end of the 99 year lease, the owners can sell to a third party developer if there is demand (they’d still have to move). this has happened before many times too. this is called an en bloc sale in singapore.

also, keep in mind singapore also has 999 year leases and “freehold” (effectively the “forever” style of property ownership common in the usa). freehold properties are both rarer and more expensive.

something like 80% of the land in singapore is on a 99 year lease.

personally i think it is a fantastic system.

so a pending (not a denied) class 3 means you can’t fly under lsa? ugh, that sucks.

what about glider or motor glider? same deal?

(i am a private pilot who let his valid class 3 expire, flying under basicmed, getting more into lsa and motorgliders)

agreed.

but does that also apply (though obviously not to the same extent i’d admit) to say halliburton?

singapore has also ~doubled their population over the last ~decade, or at least in that order of magnitude.

if they hadn’t, i’d argue that’d blunt prices.

true, basicmed was a relative disappointment based on what people were originally hoping for.

have you considered sport pilot or lsa?

you make a good point and i agree with you, especially today.

but, to answer your question in earnest: a long time ago - east india company? dole fruit?

how are they going to know that the name matches the credit card?

i believe that was the idea with the westinghouse design.

but it went sideways, and their recent projects had huge problems and overruns, and westinghouse ended up going bankrupt a few years ago..

you might not. my name is raj, and i used to run a hosting company called voxel.net — i believe you were a customer “back in the day” but i could be getting my wires crossed ;)

yes! the company i started after working for va linux ended up hosting kuro5hin for the longest time. it was a pretty tight community for a few years.

i remember you ;) and it was a wonderful time indeed.

total nostalgia bomb.

i can’t tell you how much valinux changed my life.

the excitement. the possibilities. the dotcom money.

most of all the people - like rasterman, octobrx, rasmus of php fame.

insane coalescence of talent.

working there part time on linux.com was such a foundation experience for me as a freshman in college.

i feel like an old hippie now too.

but forever greatful to LNUX

well, relative to aws they are a small company ;-)

you are allowed to count cards at most (all?) casinos in the usa.

i never said satya wasn’t an incredible leader. i’ve heard as much from friends who work at microsoft.

i just don’t think it’s fair to look at the stock price of microsoft during ballers tenure at microsoft without applying the lens of the broader market.

i think that was more the function of the macro market. much of the foundation for microsoft’s second coming was laid by balmer. basically, i think he gets somewhat of an unfair rap ;-)

you think the us government doesn’t tax the guy downtown in us dollars?

the us government creates an insane global appetite for us dollars. they regulate the exchange points, and it’s almost the same thing.

op was more than fifteen minutes early to the departure time. boarding time is irrelevant to the clause in the coc.

so the usa isn’t a free society?

you’re correct that the pitot tubes had malfunctioned, and this was a significant factor.

but the gp point has validity.

if the controls were physically linked, like they are in boeing aircraft, the pilots who were putting in opposing inputs would have realized what was going on pretty quickly.

new commercial pilots who are flying small airplanes for large airlines in the usa (eg “united express” pilots) barely crack 50k usd salary. and this is after big pay rises the last year.

just took a waymo fully autonomous (no safety driver, nobody in the driver seat, no manual override) taxi in scottsdale to lunch. was surreal. supposedly over 1m miles with no faults.

of course we want moderna trying to beat pfizer to the market! why wouldn’t we?

(agreed, we also want functioning regulatory bodies)

that’s disengenous. you can’t get HIV by eg. dining in the same restaurant as someone who is positive. you can with covid.

disagree.

i’m in singapore right now, with one of the highest vaccination rates in the world (82%+) of moderna and pfizer.

restrictions are still in place, and r(eff) is > 1 the last few weeks.