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muzz
searching PlanetScale…
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53 ms
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631.
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China's Tech Firms Dole Out Lavish Gifts to Employees
(wsj.com)
2 points
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muzz
12y ago
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0 comments
632.
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The dark side of ‘sharing economy’ jobs
(washingtonpost.com)
50 points
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muzz
12y ago
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33 comments
633.
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For the generation’s best companies, it’s all about private markets
(pando.com)
1 points
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muzz
12y ago
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0 comments
634.
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The commute that divides us
(mercurynews.com)
2 points
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muzz
12y ago
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0 comments
635.
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muzz
12y ago
This is more inline with what the founders worked on originally, a ride-sharing service called ZimRide
636.
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muzz
12y ago
I would suspect more like 1.1-1.2x. Essentially, for most homeowners their home is their biggest investment and they should be expected to act in their economic self-interest to preserve and increase the value of that investment, and thus w
637.
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muzz
12y ago
And if one purchases a property, they are on the receiving end of massive home price appreciation-- housing becomes an investment rather than an expense.
638.
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muzz
12y ago
The effect of Prop 13 is much, much more than this. It gives homeowners an incentive to hold on to property as long as possible. The article mentioned "this uninhabitable home possibly infested by rodents and held up by a couple of po
639.
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muzz
12y ago
If San Francisco were more NIMBY-tastic than its sister California coastal cities of Los Angeles and San Diego, then one might expect its housing prices to pull away from those two. Instead, they seem to move in lock-step: https:/
640.
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muzz
12y ago
> But, without regulation, we'd also see at least 10x increase in new construction This is theory. Reality would be very different.
641.
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muzz
12y ago
Good point-- one of the assumptions of increasing supply is that the demand will remain roughly the same. The demand curve may be so steep that even large increases in supply will be bought up and not lower prices much.
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muzz
12y ago
> If the bootstrapped companies can't afford to be here, they end up starting in some other city far away and growing into a significant presence there. I would love to hear of examples of this. I cannot think of any at all.
643.
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muzz
12y ago
In that case, the owner would have every incentive to "strategically default"
644.
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muzz
12y ago
The data tell us that some people leave California in search of cheaper housing. A much larger number come from other countries (India, China, etc) for high-paying jobs. Net migration from Mexico has been very low recently.
645.
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muzz
12y ago
Because of economic opportunity. People seem to forget that individuals have choices in a market economy.
646.
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muzz
12y ago
The title now is "How 3 First-Time Founders Turned One-Third Of Their Employees Into Millionaires — And No One Found Out About It" as if the 1/3 number was fact, when instead it is just a guesstimate that the author heard. Fo
647.
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muzz
12y ago
Not sure what NYC comparison you're referring to. The chart was simply an observation that SF isn't "pulling away" from Los Angeles and San Diego, since their percentage movements are very similar. I.e., if there were
648.
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muzz
12y ago
Similar to the way deductions are enforced on income tax, i.e. self-reporting and it is a crime to lie about it (essentially the same way that mortgage interest on primary residence is deducted, etc).
649.
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muzz
12y ago
Reminds me of that Yogi Berra quote "Nobody goes there anymore. It's too crowded."
650.
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muzz
12y ago
Which is why massive new rental buildings are coming up? NEMA, One Rincon Hill Tower Two, etc.
651.
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muzz
12y ago
Curious what you think of this chart of home prices showing Los Angeles, San Diego, and San Francisco moving almost in lock step: https://pbs.twimg.com/media/BolI6BiIMAAgpWT.png To me it seems like this seem would to
652.
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muzz
12y ago
> These are people who may not intend to actually live in the Bay Area, yet they buy up homes without even seeing them. A higher property tax with a "homestead exemption", i.e. for those who live in the property they own, would
653.
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muzz
12y ago
My understanding was: * engineers have to apply and have their idea approved * performance reviews are based on primary tasks, and 20% is not included so if doing a 20% project reduces production elsewhere (and how could it not unless you w
654.
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muzz
12y ago
Yes but since the products of Coin and Final are so similar, surely the confusion is understandable. The first time I saw the video, I certainly wondered if Final was either a follow-on product or pivot from the makers of Coin.
655.
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muzz
12y ago
As an individual, yes. Airbnb is more like facilitating individuals breaking the law (or their contract ie lease), so most of the culpability falls on the individual, not on Airbnb.
656.
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muzz
12y ago
Throwing up obstacles to building housing is often called NIMBY-ism or "PC", but it is also what owners of homes would be expected to do it they were maximizing their own economic self-interest
657.
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muzz
12y ago
New construction is being built taller than previous (but not necessarily 10 stories). The problem is that getting around in that part of the Bay Area still requires a car, so units with no available parking are much less desirable. Having
658.
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muzz
12y ago
sorry, double-pasted the link looks like was already submitted to HN here: https://news.ycombinator.com/item?id=8320659
659.
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muzz
12y ago
Markets reward efficiencies and punish inefficiencies, "CS chauvinism" or otherwise
660.
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muzz
12y ago
> "if they could be getting the same for less elsewhere" Maybe it's because they can't get the same for less elsewhere
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