llampx

Layoffs

Inflation has been really insane for the last few years, driven by cheap money from the Central Banks. Asset prices have been going parabolic.

Exactly. Look in the recent Canada thread for an exhaustive discussion about this. https://news.ycombinator.com/item?id=34216118

Summary: Governments and local landowners/homeowners benefit from increasing prices, so they prevent homes from being built or for density to be increased in areas with existing homes and services. This causes supply not to be able to meet demand, which causes rising prices.

Right, what we need is a net number of temporary residents leaving subtracted from temporary residents coming in. Given that Canada's model is to encourage immigration though, it would be good to have that number.

Are the layoffs going to stop at tech, or will other sectors be affected? I wonder how it was in 2001 and 2008. Did the malaise quickly spread to other sectors or did it take time?

I think the reality is somewhere in the middle. There are advantages to the suburb life and advantages to the city life. Until now, suburbs have been heavily subsidized with cheap energy and free roads, so let's see if that trend continues.

Also, suburbs have provably less pollution and noise.

Why does temporary vs permanent status matter? Whoever is coming to Canada needs a place to live in.

Good comment. The same thing happened in Berlin - the government has been actively working against new housing for decades now, to the point that in the last few years, the rent price went up the most in Berlin while salaries obviously didn't.

> In Switzerland, 58% of the population are renters. Notably, the tax advantages of owning above are missing in Switzerland, making renting a more attractive proposition. That's what should be fixed. Don't push everyone to buy a home, but don't keep shoveling money in regressive transfers to those who do.

I don't know how familiar you are with Switzerland, but if you are trying to paint this as a good thing, it is not. Go to www.homegate.ch or www.immobilier.ch and see how much a house costs. Hint: very few are below 1 mio CHF for a family home in a good area. That's an insane amount of money, even for a good earner. People in Switzerland don't rent long-term because its a great financial decision, they rent because they can't afford to buy.

Interest-only mortgages are common here. That means you take out a mortgage and don't even try to pay it back fully, only paying back the interest your whole life and then when you die, the bank sells the house and takes its share of the capital back. There are also some tax rules around (2) from your point above, plus negative interest rates for a long time, leading to Swiss property prices going parabolic the last few decades.

Every city in Europe?

I am wary of any arguments that suggest deregulating is the answer. Deregulating has practically never gone well.

The answer might be to have regulations that fit the current needs and constraints, not the ones from 60 years ago.

> There are still rows of historic terrace houses in the nearby suburbs that have been heritage listed. I'm sure property developers would love to turn these into more highrise apartments. Even though I'm renting, I don't want these to be replaced with endless new apartments. I could list a dozen reasons too.

Funny, I would have the opposite opinion. Just because someone was alive and rich back in 1950 or whenever these cute little houses were built, doesn't give them more of a right to live in that area than others, in my opinion.

Let's face it, most of these cute litte historic houses are probably owned by the same mega-rich investors and CCP party members as your apartment building.

1 person having a garden does not justify 15 families not being able to live there.

I want to believe this, but my personal experience shows the opposite. I live in Berlin, and there's a severe housing shortage, even though Berlin is very big geographically, and 5 story buildings are the norm, many even as mixed-use.

Why is this? Because there's a strong inflow from all over the world and not enough building. Meanwhile prices are going up without regard to incomes, and it is incredibly hard to get even a viewing, let alone be offered an apartment. On top of that, most of the stock is old and not modernized at all.

Even for private owners, it is better to not build and let scarcity drive the price of their investments higher, than to take the risk of building and potentially see rents or prices fall.

If your prediction relies on LOTD, I suggest thinking twice before putting any money on it.

I don't see a reason the Mac Pro has to have a more powerful CPU than the Mac Studio. For example the Macbook Pro and Macbook Air also share the same CPU at certain levels.

The difference could be in expandability (PCIe slots) and RAM if they are able to either move the RAM off-die or have a NUMA architecture.

Interesting to speculate though. So far they also haven't launched a multi-socket product, maybe that's what the Mac Pro could launch with.

Until now, its worked the opposite way, where ordinary people and small businesses have to deal with every badly-reasoned knee-jerk law and regulation, while big companies and billionaires just ignore it or have armies or lawyers for their day in court.

This is just a proposal - a far cry from an enacted and enforced law.

I remember reading about a company that was using the latest technology to be a fully automated landlord. From video verification to sign the lease and unlock the keys, to automatically accepting and denying tenants based on AI... seems like these mega-landlords would not be possible without the use of AI and extensive automation.

What can a regular user do to save their data from a breach like this? Aside from having strong unique passwords and changing as soon as they learn of a breach.

Seems like its all on the provider's side.

Paywall

Could be that Amazon rolls Alexa into Prime. Even now, most of the time with my Echo Show, I get ads for Amazon services, Prime etc. Its always trying to upsell me. Worse than a used car salesman.

Exactly. Some members of my family have run into this in 2022, after I recommended Google Photos as an automatic backup for their phone a few years ago. They don't get Gmail when storage is full, something I thought would never happen with Gmail.

As long as stocks are primarily owned if not traded by humans, I do think its a good idea to have a lower limit on the price. There's a sweet spot, where humans have an ability to discern price movements. If there are too many zeroes before or after the price, we can't tell if the price moved and what it means. So we don't have $45000 stocks or 45 cent stocks.

Difference is in first mover advantage. If you can be the first to use it to bring value to yourself and your clients, you can easily make up the cost of that hardware.

This is exactly what I think as well and I got a serious education on this with the whole WeWork fiasco and that stopped me from losing my money investing in IPOs. I was going to invest in Snowflake and Airbnb. Also check out what GoPro stock IPO price was and today's price. The company can be fine but the stock can just not recover.

Same in Germany

It would be easier to have a new standard of Li-Ion or Li-poly batteries optimized for newer devices, with flat rectangular (stackable?) packs. They would also be suitable for the current demands of current devices. (see what I did there?)

With Amazon's fakes problem, I wouldn't dare

I use 2FA with a free account.

So they stepped on the Google Ads team's toes.

Its reading time, not understanding time :P