tmnvix

10 ms·

151.
by tmnvix 2y ago
Yep. The shortage is overblown. Just look at past crashes (e.g. Ireland, Spain, etc). The crashes weren't caused by oversupply of housing, but a credit shortage. After the crash the so-called 'shortage' magically disappeared
152.
by tmnvix 2y ago
It's not so simple in my opinion. Where I live the ratio of dwellings to households has increased during the three decade long property price boom. The most significant cause in my opinion is the financialisation of housing, fueled by
153.
by tmnvix 2y ago
I often think that for a government to convince me that they are serious about addressing a housing crisis, the first thing they need to do is determine what proportion of residential properties are not being used as a primary residence. It
154.
by tmnvix 2y ago
Exactly. At some point a lot of people are going to discover that they are the bag-holders. It's unfortunate, and at an individual level you can't blame people that felt compelled to purchase a home (only one!). However, if people
155.
by tmnvix 2y ago
Politicians are not going to provide a solution, nor are private developers. The solution is a crash that can't be avoided. As hinted at, this could be caused by a sustained increase in interest rates. It has happened before and it wil
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by tmnvix 2y ago
So the 'young and not tied down' that are fortunate enough to go to college get to experience a more suitable environment while it suits them, but the less fortunate young people that don't get the opportunity to live in a co
157.
by tmnvix 2y ago
> Policy is decided by people. Well yes, corporations are considered 'people'. I think it was some of these 'people' that tore up the streetcar networks in order to replace them with buses.
158.
by tmnvix 2y ago
Impressive. Here I am struggling to design a decent UI for a screen of at least 13 inches. I shudder to think how much harder it would be if the only means of interaction were a scroll wheel.
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by tmnvix 2y ago
And I assume after this evacuation, purging, and installment of a new government Israel will magically change its ways? You need to address both sides to find a solution.
160.
by tmnvix 2y ago
Yeah, I've seen my share of those. I sort of assumed that Air NZ started this trend because of all the hype surrounding the first ones. There's an article covering the history of these here: https://www.rnz.co.nz/n
161.
by tmnvix 2y ago
I've always considered reason to allow for emotional motivations, as opposed to rationality, which does not. Edit: Iain McGilchrist makes a useful distinction here https://www.youtube.com/watch?v=iUJDsdt7Pso
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by tmnvix 2y ago
Which non-capitalist environments? When that question was more easily answered you could probably have pointed to macrophages.
163.
by tmnvix 2y ago
Watching them throw Sanders and then Corbyn under the bus was a wake up call for me. It's not the leftist paper it makes out to be, but strongly establishment.
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by tmnvix 2y ago
Doesn't work well for potatoes (and other carbohydrate heavy crops) as far as I'm aware.
165.
by tmnvix 2y ago
From your source: > Home Ownership Rate refers to the percentage of homes that are occupied by the owner So this rate is not that of people that own a home, but homes that are owned by someone that resides there. Consider people in share
166.
by tmnvix 2y ago
Yes, interest rates and serviceability are key. A related theory that I find intriguing is that the benefits of productivity gains have largely been claimed by the financial industry. As productivity improves, more credit is made available,
167.
by tmnvix 2y ago
The article points out the correlation between rising income and rising house prices. I suspect the real cause involves both incomes and credit availability/price. Incomes are just a proximate cause - as debt serviceability improves, p
168.
by tmnvix 2y ago
I think the usual explanation involves debt repayments. There are others, such as forced structural adjustments (e.g. privatisation) and currency control (in the case of the French and former West African colonies).
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by tmnvix 2y ago
I've heard so many ridiculous stories about 'AI' that I'm at the point where I initially took this to mean the LLM and not the company had made the request. I expect that interpretation won't seem outlandish in the
170.
by tmnvix 2y ago
I don't buy it. In NZ we pay property rates based on a combination of land and improvement value. It's been this way for a very long time. Removing the improvement portion and focusing only on the land value portion can only be a
171.
by tmnvix 2y ago
Is anyone aware of some other place where Penrose discusses AI and consciousness? Unfortunately here, the interviewer seems well out of their depth and repeatedly interrupts with non sequiturs.
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by tmnvix 2y ago
I think you could replace 'cars' here with a lot of technological innovations that have made certain aspects of our lifestyles attainable at a potentially greater externalised cost. Much of it is simply making things more convenie
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by tmnvix 2y ago
What I appreciate about Georgism is that it can neatly avoid the difficult issue of justifying exclusive use of land without resorting to ideas like 'First Occupation' or vindicating violent acquisition. Essentially, you could say
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by tmnvix 2y ago
Or they can negotiate for peace. This is how most wars end. It is also how this war will end. If only the 2022 Istanbul negotiations were supported by the west instead of being undermined. If I were Ukrainian I would be furious with the wes
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by tmnvix 2y ago
> If you live in the middle of nowhere without a cell phone, life is going to be tougher. I think the issue is that it is becoming tougher than it was prior to the existence of smartphones for those without them.
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by tmnvix 2y ago
And if your phone is out of order? I used a PDF version of the boarding pass on my laptop in the past due to a flat phone. Even when my phone is available I still just use the PDF version that was emailed to me. I never use my phone 'w
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by tmnvix 2y ago
> svelte people have always cast a narrow eye towards typescript and for good reasons as well. Out of curiosity, could you elaborate on this a little?
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by tmnvix 2y ago
> You don't want to be stuck in a country that outlaws AI Just as you don't want to be stuck in the only town that outlaws murder... I am not a religious person, but I can see the value in promoting shared taboos. The question
179.
by tmnvix 2y ago
I don't necessarily disagree with you, but I think the issue is a little more nuanced. Capitalism obviously has advantages and disadvantages. Regulation can address many disadvantages if we are willing. Unfortunately, I think a particu
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by tmnvix 2y ago
Perhaps I'm too cynical, but somehow I doubt that those with decision making power that were in favour of selling at the time regret much. Our modern political economy is almost entirely focused on ensuring that everything that can be

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