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muzz
searching PlanetScale…
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41 ms
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451.
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by
muzz
10y ago
Shorter version: Bay Area politicians disagree with author, so market results must be ignored since they are not in line with his ideology
452.
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muzz
10y ago
One person's high state income tax bill enables another person's low Prop 13 capped property tax bill
453.
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muzz
10y ago
Because companies are profit-maximizing and the Bay Area gives them the best location for that
454.
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muzz
10y ago
Off-topic, but in a similar vein of things that might be unexpected to someone from the Bay Area. Quote from the article: "along with some local touches, like a “No Weapons” sign to remind employees that open-carry laws do not extend
455.
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by
muzz
10y ago
I always wonder what would have happened if the New York of the 1970s and 1980s turned out differently than it did
456.
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muzz
10y ago
The largest distortion to the housing market in California is Prop 13, and its effect is statewide not just confined to SF. This is a large reason why escaping SF's rules by going to bordering/nearby cities doesn't result in
457.
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muzz
10y ago
Your example is theoretical, this particular constraint does not appear in San Francisco. New buildings (even huge ones) are being built with little to no parking.
458.
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muzz
10y ago
Are you referring to Seattle and NYC? They are cheaper but not by much.
459.
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muzz
10y ago
> When my RSUs at Google vested they would automatically sell some to pay my tax obligation, but I would instruct them to sell half as well. Same philosophy. Get some of the money diversified, keep a bit of skin in the game in case it ha
460.
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muzz
10y ago
True but you lose your Sec 121 exclusion for the years you rent it out.
461.
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muzz
10y ago
I got these years in the mail several years ago, and then again last year. I looked it up at the time, and the mailing is infrequent and depends on the budget.
462.
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muzz
10y ago
There is a lot of demographic effect in that number, as the 55+ cohort is a larger number of people because of the Baby Boom. The data tells us that almost all of the new jobs created since the recession have gone to those with at least a c
463.
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muzz
10y ago
True. I did change the topic and offer my opinion.
464.
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muzz
10y ago
The higher long-term capital gains rate is a recent addition to the tax code starting in 2013. During the dot-com bubble, long-term capital gains rates were essentially the same for most brackets (only the absolute lowest bracket had a lowe
465.
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muzz
10y ago
GP may be able to do that and get the job, but then he or she would be working with others who've done that, and they may be good rapid puzzle solvers, but not good engineers. That's the problem with that interview approach, it t
466.
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by
muzz
10y ago
My view is that companies are hiring, but are looking for nearly-perfect candidates. I wonder what part recent changes to the field have to do with this, i.e. higher salaries for engineers the past few years, open office floor plan facil
467.
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muzz
10y ago
Agree financially/logically, but people are emotional too and can be anxious about not working and worry about not finding another job ever, especially after being laid off and turned down for other jobs.
468.
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muzz
10y ago
Submitted earlier by Kent Beck himself: https://news.ycombinator.com/item?id=12218583
469.
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To survive, the game of business needs to update its rules
(linkedin.com)
1 points
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muzz
10y ago
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0 comments
470.
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From dotcom hero to zero
(economist.com)
1 points
by
muzz
10y ago
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471.
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muzz
10y ago
My original post may have been incorrect if Skully was crowdfunded-- in that case FCBA does not apply
472.
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muzz
10y ago
Most of the time, credit cards are not charged until goods are shipped. In any case you can do a chargeback and are protected by the Fair Credit Billing Act: https://en.wikipedia.org/wiki/Fair_Credit_Billing_Act
473.
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muzz
10y ago
In which the author informs reality that it is incorrect: "Even a slight change in the risk-return balance — say, the 3.8% which Obamacare quietly laid on top of the current capital-gains — kills companies, as investors and entrepreneu
474.
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muzz
10y ago
Sadly, ideology often defeats reason
475.
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muzz
10y ago
Does this article literally start off mentioning the blatant age discrimination in tech? "If you are under 35, possess an entrepreneurial spirit, speak Python and don’t think of a vegetable when you see the word Celery, then it’s likel
476.
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muzz
10y ago
And sky-high property taxes in Texas also helps keep prices low.
477.
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muzz
10y ago
There was an article that something like 45% of new units are bought by foreigners and people from other metros.
478.
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muzz
10y ago
True, but cities have borders and if one constrains building, the builders can just go outside that city's limits. This is why I think that statewide factors are the dominant force here.
479.
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muzz
10y ago
No mention of Prop 13. A statewide market distortion that likely overshadows the city-level regulations.
480.
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muzz
10y ago
Figure 1 uses data that ends over 20 years ago?
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