ironman1478

Joined 11 years ago

Karma
1,250
Submissions
341
Member since
Jul 23
I write FW for camera systems.
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Recent submissions

Comment · 2 days ago
If it was so easy then this never would have happened.
Comment · 1 month ago
What happens when these companies decide to start increasing the cost/token, exceeding the cost of hiring an engineer or paying for an external service in the first place?
Comment · 1 month ago
You're not missing anything.
Comment · 1 month ago
Because people want to have fair fun competition? How is that hard to understand?
Comment · 1 month ago
It is theft under common sense.
Comment · 2 months ago
Metronome apps are paid now or have an 'ad' tier. I took my money and spent it on a real metronome.
Comment · 3 months ago
I actually didn't know that. If not, then cool!
Comment · 3 months ago
Ferrari tends to sell well, partially due to allocation requirements so you have to factor that in.

There will be a market for the car, but Ferrari is a mix of a car company, a lifestyle brand, and a jewelery company. The Luce doesn't really fit the image they've cultivated and is not distinctive enough from the rest of the market. It's almost too pedestrian. The inside is nice, but you can't flex on others with a nice interior. It also doesn't have fun features that are proving to be desirable, like the faux shifting that the Hyundai has and that other brands are gonna start adopting. It feels like a car Ferrari made to say they made an EV. Its like they felt they had to, either due to internal or external pressures.

Comment · 3 months ago
Not anymore. Their numbers are higher nowadays.
Comment · 3 months ago
The Luce seems to disprove that, at least in his case.
Comment · 3 months ago
That's not how it works. More competition will bring the price of those down.
Comment · 3 months ago
That is all that is allowed due to local and state zoning codes. Loosening restrictions on what can be built will bring down costs and all for more types of buildings. The bland housing is all that pencils out for builders at the moment.
Comment · 3 months ago
Nobody advocates for fixing the price. People want more supply which will bring the cost of housing as a whole down or at least provide more price diversity.

Is it even beneficial to have a house worth a lot of money? Think about places where property is expensive, it is also expensive to live there in general because housing costs so much. The cost of housing means employers have to pay their employees a lot to keep them there. This in turn means you are paying more for goods and services. If you're a homeowner, but NOT a high income person, this is very bad. It means you can't make payments towards maintenance of your house, going out becomes harder, etc. Your quality of life decreases.

People who inherit homes that are worth a lot, but aren't flush with cash end up having to sell frequently because there is no way for them to maintain it. It's also the plot of white lotus season 2 with the villas lol.

Comment · 3 months ago
You can't look at the cost of a house out of context. If you look at Flint, Michigan it's actually one of the most expensive places in the country if you account for average income in that area. Absolute cost needs to be normalized by income in the area. The housing is actually very expensive if you do this type of calculation. We saw an example of under supply during COVID. Housing prices in "underpriced" areas increased during COVID because regions with no real economy saw people moving there with the high out of state salaries. Those areas didn't have enough supply. Now that remote work is less prevalent, those places are having their costs go down but the Bay Area is seeing skyrocketing costs. We are able to measure the effects of supply and demand pretty clearly due to COVID.

Speculation is known to have an effect, but not nearly as much as an effect as under supply. Blackrock THEMSELVES published a paper that the reason their investments are working is due to the low development of housing. Their whole strategy is reliant on NIMBYism and people's lack of understanding of the housing market.

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