I thought 35%ish in the US was bad. 56% in Russia is one of the more shocking stats I’ve seen about their inequality.
I thought 35%ish in the US was bad. 56% in Russia is one of the more shocking stats I’ve seen about their inequality.
That’s very funny.
Average in the US for a 2 bedroom is $1317 per statista.
Triple that for a monthly income = $3951
x12 for annual = $47,412
/2080 for hourly full time = $22.79/hr
A 1 bedroom (or 2br with a $200/mo UBI) at $1100ish brings the minimum to $19ish.
A 2 bedroom but working 60hrs/week or using 50% of income on rent instead of 33% is around $15/hr.
Just trying to play around with the numbers to see what a real political proposal might look like. Feels great to meme a declaration, people start disagreeing when you start putting numbers to it.
You can put fake meetings on your calendar and say “oh, gotta get to my 2:30”.
You know I’ve seen every other mainline Star Wars and several of the one-offs and TV shows but I never got around to this one and I haven’t really felt like I missed out.
I watched with my SO and googled it right after we finished it to see when Season 2 was coming, thinking it would be a joke “haha only 2 years to wait for the next season” and it had already been cancelled. Rough.
RIP ‘Night Sky’ with JK Simmons. What could have been.
Pretty sure it should be “valuation”
Scalping isn’t the comparison though because 1, scalpers don’t reduce the total supply. Any scalper who refuses to sell a portion of their tickets, loses all the money they used to buy them, and the opportunity cost of selling them, and there’s no way it’s worth it for any given individual. The supply/demand differential they make money from is that the venues only have a certain number of seats.
Which brings me to 2, theres no equivalent of homebuilders in the scalper world. If some scalpers could generate new seats at the venue for roughly the cost they pay the venue for tickets, supply and demand would figure themselves out pretty quick.
Hard disagree on the last part there. For one, homebuilders again. Their business model is to build the houses and then sell them, if they joined the “sell houses slower” cartel it just means they earn less profit.
But really the whole idea you’re laying out, the math only works if everyone works together, so it becomes a prisoners dilemma. Because say there’s 20 companies slowing down house sales to maximize profit, there can always be a 21st who gets the benefit of the restricted supply from the 20, but they just sell as much as possible and become the most profitable of all. Maybe it’s in everyone’s interest to restrict supply, but it’s in any given company’s interest to sell as much as possible. So it has to be an as of yet unknown cartel of every home seller in the country and there’s just too many of them to have both: Either it includes everyone or it’s secret.
If I’m low on hot air I’ll just invite [local politician] on the balloon! Oh ho ho ho
I don’t really understand the market failure happening with such a long term housing shortage. By definition there is excess demand for housing right? So it should make economic sense to build more.
When I ask people always say conspiratorial stuff like “they” maximize profit by keeping housing low but even if there was a conspiracy there should be individuals who are not part of the conspiracy who would profit from going against it.
So it has to be either regulatory or funding based, I think. But I don’t know of any recent regulations that would cause this nationwide, “zoning” is probably part of it but there was no one timeline for that, it’s super local. And funding has been free for a decade and a half and homebuilding has still been slow.
I don’t get it.
Personally I had way too many quality issues at that price range. An earbud would be randomly quieter than the other, the battery of an earbud would die, the Bluetooth would suck, or they would be unusable for phone calls. I bought refurbished $100-something headphones for $70 and haven’t needed to buy any more since.
There’s a famous example of the poverty trap that uses boots that fall apart every season vs quality boots that last, and I think there is a quality level that is so bad it’s more expensive in the long run. So I do buy shoes that cost money. But I’m not buying fashion shoes or luxury brand shoes which I think is what you’re saying too.
That’s kind of like saying sports cars are the transportation equivalent of a painting because they are made to look good. I guess you could say that, but it’s not really a useful metaphor if they only have the one thing in common and they’re both things everyone would be familiar with so you’re not translating into more common experience.
I mean folders internal to the computer. Sure they would look for valuables anywhere but where I’m having trouble is the leap from stealing the computer to looking through the contents of the computer.
Either they would have to stay in the house and go through things, or set it up somewhere else and risk an anti-theft GPS triggering, and what is the motive? What could they find on some randos file folders? Cleanest thing to do is just immediately wipe the computer and sell it.
Maybe I’m being a spoil sport but this seems like a cover to me. Like maybe it was “a burgler” but that person was someone’s older brother who knew what they were going to find.
I just don’t see the circumstances for a random burglar to be snooping through folders close enough to find the presumably relatively hidden items they’d need to find, let alone that happening alongside the low odds an actual burglar would risk their own security to do the right thing.
It’s not for doing nothing, it’s for doing things he already did. He got the stock as part of his compensation plan at Microsoft.
And a dividend of $0.75 per share is 0.2% interest at the current share price, he could get more in a savings account and 20x that in a CD or something. The dividend isn’t crazy high. He just had a shitload of their stock.
Executive compensation as a whole is a story, but Steve Ballmer is not doing anything particularly noteworthy.
This comment did not go where I thought it was going but very interesting. You’re clearly making the right call for your personal finances.
I assumed you were going to say something about like expensive composting equipment or aluminum straws.
That ‘immigration is bad’ would actually be the vastly more common incorrect belief.
In India. US number is 35%, here are some numbers for Europe: https://i.redd.it/d8udyq9edyhc1.png