cudgy

43 ms·

631.
by cudgy 4y ago
Ok. A text editor can load fast. Welcome to the 1980’s.
632.
by cudgy 4y ago
“There's nothing wrong with using a slightly less performant version of something for your MVP” Twice as slow is slightly less? What about losing to competition because your app is slow and doesn’t feel like it belongs in the operating
633.
by cudgy 4y ago
Couldn’t disagree more. Web stacks are abominations of a technology never intended to be actual apps. Yes, I am blaming the shitty web app rewrite on the choice of an inappropriate technology stack. Web apps many times don’t even work on th
634.
by cudgy 4y ago
Meanwhile, you cannot achieve it in the modern open corporate office space … “where your concentration won't be interrupted by other workers, where you won't have anyone moving around in your video background during your meetings,
635.
by cudgy 4y ago
Cycles are clearly shown in the chart. They do not have to be consistent in gap as no economic business cycles present that way. Of course, these numbers are aggregate across all housing in 2 countries so the cycles are muted versus local m
636.
by cudgy 4y ago
Interesting. When did cash cease being an asset?
637.
by cudgy 4y ago
So, do you feel that the focus of the central banks to keep interest rates low and inflation low is to protect the lower class? I would submit that what the central banks want is to benefit the main asset holders who suffer the most from er
638.
by cudgy 4y ago
Agreed. The fact that 500+ mostly well-educated, privileged people in Congress can’t understand privacy on the internet suggests a systemic problem that is not only present in Congress.
639.
by cudgy 4y ago
The have nots don’t have anything to lose by definition, so a recession, particularly a deflationary one, hurts the haves more.
640.
by cudgy 4y ago
Diversity in the bay area? Isn’t it mostly non-religious liberal Democrats?
641.
by cudgy 4y ago
I still fail to see a clear causal relationship between increased dual income with no kid couples and increased housing prices. The assumption I guess is that having more money from dual income implies that buyers will pay more, but there
642.
by cudgy 4y ago
The following chart shows clearly the boom and bust cycles since 1960 of US and UK markets and how the price/income ratio reverts to around 4.5 to 5. The current statistic is near an all time high of 7.5, 50% higher than it should be.
643.
by cudgy 4y ago
Lack of pricing power does not mean that the fundamental forces driving prices cannot have an impact like increased prices. It means that the industry/company/supplier cannot solely or significantly control the price. Lumber initi
644.
by cudgy 4y ago
You said “How many people do you reckon have 120k in savings available?” to pay cash for houses with no financing available within a thread regarding the collapse of the banking mortgage industry. Owner financing is a very different instrum
645.
by cudgy 4y ago
This is a definite phenomena. It is also characterized by comments like “the economy is not a zero-sum game”, “no one wants to work those jobs; we can design everything here and do the menial work in low cost countries”, “learn to code”, “a
646.
by cudgy 4y ago
> Why should we not take up the pitchforks?! US citizens are too lazy to consider voting for candidates other than the ones lambasted by their corrupt news sources. Picking up a pitchfork and deciding who to stick it into requires even m
647.
by cudgy 4y ago
Also in this discourse: Germany: Hey, Russia, supplier of our energy, screw you for feeling threatened by NATO countries (like us) and US interfering with a huge neighboring country. Hope your not offended by the Leopard tanks and artillery
648.
by cudgy 4y ago
> How does total comp track with jobs at other industries with similar requirements? This is the only factor that matters, but I’d guess most bankers are over-compensated generally given the contributions made to society.
649.
by cudgy 4y ago
Lumber is a homogenous commodity in a transparent market that is auction driven, so of course it will be more difficult to control pricing … there is little pricing power. Now, your iPhone, prescription drugs, favorite personal products, ch
650.
by cudgy 4y ago
> None of this happens in a vacuum. Doesn’t this hurt your case as well? Every housing chart I’ve seen for metro areas shows a distinct boom/bust cycle in housing that is indicative of mean reversion to around 25-30% of payment to e
651.
by cudgy 4y ago
HELOCS cannot be called, but they can be frozen, preventing further borrowing, or have their borrowing limits reduced.
652.
by cudgy 4y ago
> If the houses are very affordable for their current owners (due to low rates locked in), what's the mechanism for them to default? Here’s one scenario … 1. Forced to move or choose to move, but keep house and rent it out 2. Housin
653.
by cudgy 4y ago
Owner financing
654.
by cudgy 4y ago
Help me here, but this makes no sense. DINK households have no children and therefore need less housing and have more flexibility when choosing housing. Perhaps it might impact trendy cities like San Francisco where DINK is not by choice (h
655.
by cudgy 4y ago
I’m well over 5 years old and this doesn’t make much sense.
656.
by cudgy 4y ago
Hard to argue that a 50% price reduction is less affordable. Ever heard of owner-financing?
657.
by cudgy 4y ago
> turning over $10 million a month 40 bank accounts is unwieldy Perhaps, but does this mean you just leave your cash exposed to almost a complete loss? Surely there are services/software that could manage this for you? Seems like a
658.
by cudgy 4y ago
Did you forget? There is a reason that all depositors would want their money in 24 hours … they realized that the bank was mismanaged and overly exposed to the interest rate risk, and they were only insured for $250k.
659.
by cudgy 4y ago
Interest rates being near 0% would create the most easily predictable risk of a calamity from investing in long-term bonds. Where else do interest rates go? Going negative is not likely to happen for long. Furthermore, the bond yield was in
660.
by cudgy 4y ago
The going criticism of Sadaam was that he had killed 10,000 people during his reign (as a CIA backed dictator I may add). Even the most US fanboy supported reports admit the US committed more deaths in the first week of the war; many times

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