35 karma · joined February 19, 2023
Austin had 23%(!) apartment vacancy in 1990 after a collapse that started in 1985.
It wasn't until about 1993 that prices returned to 1985 nominal values.
At the time it wasn't code changes that caused this but excessive lending by Savings and Loan banks. You can research the S&L crisis that required a federal bail out. This cause massive bankruptcy and the creation of an entity all the Resolution Trust Corporation to sell all this near worthless property for pennies on the dollar. This affected all of Texas and also Louisiana and Arizona.
For Austin this was great as a whole as rents were ridiculously cheap for 10-15 years and it was an economic and cultural catalyst, drawing in hordes of young people from around the country.
Dijkstra on Haskell and Java https://chrisdone.com/posts/dijkstra-haskell-java/ "A fundamental reason for the preference is that functional programs are much more readily appreciated as mathematical objects than imperative ones, so that you can teach what rigorous reasoning about programs amounts to."
Redhat Inc became part of the Nasdaq-100 in 2005.
I make this comparison as the question is whether OpenStack still has the potential to become a full go-to alternative in the way that clients consider closed cloud systems from AWS/GCP/Azure as substantial equivalents.
While in many ways not comparable to what's happened with Redhat, with Suse turning to the dark side one wonders how much longer Canonical will last before doing something similar.
Make no doubt about it, private equity is all about short term shareholder returns. That's not a bad things in principle but if you don't want to wake up yet again with your distro having the rug pulled out from under it, switch to Debian.
The first three self-constrain impulses to the contrary on morality behaviors.