707 karma · joined October 19, 2011
Putin also seems to be bent on returning to a former empire (see Third Reich comparisons).
Airport travel is probably only a good option for remote workers, I don't think I took a commercial flight till I was over 18. Most of the stable jobs are government related (town/county governement and school teachers) and often awarded via nepotism.
Land is cheap, but winds of 50MPH are the nromal, tornadoes, snow, heat, dust. I don't think I could ever go back to living there permanently, and it will only get worse during economic downturns.
I will also note that big box stores are probably detrimental to tax revenues, but my memory of the smaller stores was high prices and low inventory. We'd often drive 70 miles to the bigger city, as it was cheaper, wider selection. Nowadays I'm sure it's mostly Amazon or the big drive to Walmart, and no local store is going to change that. The Sears and Motgomery WArd catalogues were the general shopping tools, most of thee places I knew of peaked in the 50's, surged a bit in 80's with the Oil Boom, and then went back to dying.
Now, will they eventually come around? Maybe, but a refillable combustion engine burning hydrogen certainly has some marketability, and perhaps some companies (like Toyota) made a miscalculation on how easy it would be to get people into EVs vs actually developing Hydrogen vehicles. I have a hard time understanding why Toyota has so little in EV offerings if this is not the case (and Toyota's advertising in Japan still doesn't mention full EV as the future).
I think phasing out mortgage interest deductions over time beginning with a cap would be one positive, but as we saw with the recent SALT cap, that effect is mostly overridden by other factors at least today.
I don't think there is a single entity or action that can be pointed at, there are many inputs, with only recession (in one city or the whole country) seeming to have a strong enough signal to override all the other inputs for the most part. Hiking interest rates to 15% ala the 80's also might work, but I don't expect to see anything near that.
I don't see any simple ways to fix this, interest rate hikes will slow price growth, but payments will still go up. Some incremental changes (additional taxes on empty houses, rezoning, etc.) may have small changes, but do not seem likely to bring down affordability. Any small dip in affordability in the desirable places will likely see more migration there, unless we hit a huge recession, which based on my experience in 2008, still means most of us will miss out, as the price won't dip enough and the major asset holders just get to buy at a discount.
I think basically any tech company that you've heard of will be willing to pay close to 300k for experience, although remember half of that will generally be stock, and the higher the compensation, the higher percentage will be stock-based.
If you have more than 5 years experience and make less than 200k/year, I suggest you start interviewing.
If/when Ford gets a lineup at least as broad as Tesla, I'll believe they are fully engaged to electric. The fact they are coming out with (I'm assuming) popular completely new vehicles like the Bronco that are still only ICE looks like they are still putting their R&D dollars into ICE far more than electric, or were until very recently. Heck, there are 2 more trim options available for the Bronco than the Mach-e.
The offerings from the other car companies do not currently surpass Tesla in any meaningful way I can see, and the assumption that the other car companie can "will into being" a technical marvel better than Tesla, seems to continue to be only an assumption.
I do not like Tesla or Musk very much, and would love for my next pickup to me an electrified F150, but none of the current electric offerings seem all that appealing if you aren't looking for a Tesla or can't reasonably commute in a Leaf. I am still skeptical I will be able to buy an F150 electric within the next 2 or 3 years, and would not be surprised to have to wait 3-5 years as they work out the kinks. I am not looking to plunk down 100k+ on GM's Hummer, either.
Dislike for Musk aside, I have to acknowledge Tesla is delivering a reasonable vehicle (discounting the stupid auto -pilot that isn't auto-pilot), whereas most other companies are still delivering small numbers of electric vehicles, but large marketing campaigns, which seem aimed at getting people to continue to wait on buying an electric car, because the next best version is always just around the corner.
It's perverse because it effectively forces poorer people to sell to rich people.
I will also note Texas has a homestead exemption, originating in 1876, so this is a well-known issue. It does not appear to be inflation or value indexed, and does not provide relief to low-income people when their house suddenly appreciates. There is a limit on how much the appraisal goes up every year, but it's certainly more than wage growth.
Regardless, the point is OP's ideal town this is not, the people moving there are not moving for the local jobs and economy in a nice little town. The incomes certainly don't support the high house prices.
It's a real town, but the service folks are largely priced out at this point (although I'd expect this real estate bubble might not last as there might not be that many people willing to buy at Austin prices in Marfa).
Sounds more like a touristy set of rich estates at this point, I expect the laborers live in the surrounding area and drive into town just like a large city. I did some labor during HS and in the summer it was driving 20-40 miles from our small town in nowhere Texas for the jobs we did.
During the early 80's oil boom there were several small towns in Texas that kinda looked like OP's model, but once the boom went to bust they started dying and never recovered. Probably around the Austin area in the 60's a lot of places looked more idyllic (there were no stoplights between downtown Austin and I think Lampasas at that point), but it's all sprawled out and become a Metropolis at this point.
Not clear that any sufficiently attractive area would not end up being encompassed in suburbia or a high-end enclave (Westlake by Austin comes to mind).
The perfect is the enemy of the good enough, we cannot craft a perfect tax solution, but we can make it better.
I think this is really trying to optimize to keep only the high performers without having to have a traditional stack ranking system.
Interestingly, I recall the Google article about the highest performing teams not being made up of the highest performing individuals, but the best communicators. No one seems to be trying to hire to create the best teams, but still just the highest performing individuals. Perhaps there is a Moneyball in tech work.
In c++, the = could be a function too, that does unexpected things. Critically, if you are unaware of the side effects of that = operator, you may be doing things you don't want to do. The most likely issue would be performance if you are repeatedly using the = operator thinking it is a simple operation. Like if someone is being clever and uses the Active Record model and you are unexpectedly doing database writes with what you thought was a local object with no side effects.
To not have this happen, of course, you could read the entire object definition, but then you need everyone working on the project to have 100% of the code committed to memory. This is why you will likely find rules in the coding style guide of whatever company banning such practice after someone is bitten by it.
The theory is by cutting the bottom and always hiring you constantly improve your workforce.
The reality is then you will always fill reqs, sometimes as quickly as possible, to make sure there is a sacrifice for the gods. Perversely, a team of high-performers is actually punished, as everyone is also ranked against each other, so even if you have the top 10 performers in the company, one or more of them may be fired and will often have their compensation effected (less/no RSUs etc.).
Certainly that was how it felt about 5 years ago, not sure about today.
Now, as another commentor pointed out, some people can be brought in to solve a problem others cannot solve (simulated annealing solution, which I'll just say "oooook" to). Sure, there are individuals who can solve actual problems others can't, but those actual problems are very rare. Most of the problems I have are 'ship the product' types, not 'solve this one very hard problem' types.
I can't really speak to the use of dma and memory, I haven't really looked at that.
Rav4 Hybrid also uses some Tesla tech. While unclear if they will continue to dominate market segments they enter, Tesla has been more successful than I ha d imagined by this point.
I don't know the laws in Sweden, but unless they have an environment similar to California the tech industry is not going to be as strong.
That said, at least for me in the U.S., the biggest bump in pay has always been from finding a new job offer.