815 karma · joined July 22, 2021
8-10% annual rent increases are not unusual at all in NYC/LA/SF - maybe you can get a 10% raise every year, but I'd wager even most HN posters can't.
For this reason alone, it makes sense to grind to homeownership as quickly as possible if you live in a top tier market. Those locations also de-risk homeownership a bit since they have the largest job markets and highest real estate demand.
If you live anywhere else in the US then I agree, renting starts to look a lot more attractive.
The last time I took the Blue Line to the airport it was indeed fast and convenient - but dealing with luggage was kind of annoying, and there was a guy smoking weed on the train. If I were traveling for business there's no way I would use the Blue Line unless it was peak rush hour, and indeed most business travelers don't. Getting weed smoke on your work clothes is a less than ideal way to start a trip, nor is getting sweaty in your work clothes from hauling luggage around the station.
Thus the case for an express train - it would capture those price insensitive business travelers. You could charge $20 a ticket and it would still be a significant savings over Uber. Heathrow Express in London is like this and it seems to work well.
I don't know how this works in other countries, but in the US the weights do not change month to month like this. If consumers keep making this choice over a period of years the index will eventually get reweighted, but reweighting only happens once every few years.
(Of course, if you were an official put in charge specifically to cook the books you could just reweight on a monthly basis like you describe, which is something that might well happen now...)
You might ask "why don't they just re-bid the contract?" Answer: The new 'progressive' city government is opposed to building a train for 'rich people' since there's already a non-express metro that goes through some of the most crime-ridden neighborhoods of the city. Of course no businesspeople use it and they all take Ubers (many of which are Teslas)
> Do you really think suburban DC would be so rich if it wasn't for people wanting to pay to be near the seat of a globe-spanning empire, to be better positioned to peddle influence and get rich off of the taxpayer's back? Do you not find that to be at least a little disgusting?
IMO it's perfectly legitimate for organizations to advocate for their interests as long as they do not engage in bribery. They often have subject matter expertise the government does not, and more information allows for better decision-making. Would you rather the government operate in a vacuum, completely disconnected from what is going on in the rest of the country? Btw, it's not just corporations that lobby, there are plenty of NGOs doing the same thing.
If you want to blame someone for this dynamic, blame the founders of this country, who decided to create a federal district rather than put the capital in an existing city with an existing industrial base.
I was just there for a week, mainly in the downtown area, and honestly don't recall seeing a single homeless person.
Uh, I'd expect someone posting here to know better, given that Amazon HQ2 is in Arlington and us-east-1 is in Northern VA. There's also a videogame company called Bethesda that you might have heard of.
And you skipped over aerospace/defense, not to mention biotech. (Even if there is a lot of bloat in the defense sector, it's not all useless.)
Because those projects are mature and have a very high bar for contributions, so aren't a good fit for AI?
Opening a PR on Linux is very different from opening a PR on a company's non-critical-path CRUD service.
Yeah, actually saying 'sportsball' in conversation in a non-ironic way is an excellent way to signal that you have poor social skills. No need to yuck someone's yum.
Have no idea if it's still true, but it certainly was in Wenger's time.
I'd disagree with this - capitalism tends to reward defection from this norm, and it's been a stable equilibrium for centuries at this point. You have more of a point when it comes to community, but even many intentional communities are massively hypocritical when it comes to this, with higher-status people having the ability to deviate from norms at will.
helpful reading: https://en.wikipedia.org/wiki/Gemeinschaft_and_Gesellschaft
100%. You don't even need to know that much. Even if you have to switch to English, showing respect by demonstrating some effort to learn the local language and culture goes a long way.
Extremely true. I just got back from Japan and I was very pleased by how little effort it took to get off the tourist trail, even in Kyoto. Of course some popular attractions are still worth seeing and for those, visiting around opening is usually enough to avoid the worst of the crowds. (If you're flying in from the US there's a good chance jet lag has you up at 5am anyway, so this is an effective strategy even for non-morning people.)
I don't think they're gone though? I just got back from a trip to Japan and I was very pleased to find these experiences were still the norm outside the most heavily touristed areas. Even in big cities. Have been to Colombia twice in the past two years and it was the same way.
Btw, nothing significant was "burned down" in 2020 either. Some shops hit by looters closed for a while and eventually reopened. Fairfax was hard hit by looting and if you went there today you would have no clue that anything happened.
The current events are primarily happening in an area that is full of state and federal government facilities, not really anyone's favorite spot. No looting either, there's nothing to loot. The demonstrators are burning Waymos and Bird scooters, better if it would not happen at all, but it's nobody's personal property.
Much better to spend years on an expensive redesign that somehow makes the user experience worse. Now that's how you get ahead.
Is it your impression that spa management and pet care are the only working-class service jobs available?
Most of the trades are categorized as service professions in the statistics. So is construction.
I've now been around long enough to remember people saying this 10-20 years ago. Seems to be plenty of manufacturing still happening.