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January 19, 2022 at 10:41 AM in reply to: Funny desperation post on nextdoor looking for a home for a client… #823769
barnaby33ParticipantBetter to use the term, “unhoused client.”
Joshbarnaby33ParticipantPardon my earlier non-sequitorial comment. I wouldn’t sell if you don’t need to. Rent it out and travel around for a bit. I for one can’t imagine retiring any place else (by choice) other than here. If the finances aren’t your biggest concern then not selling is a no brainer.
Joshbarnaby33ParticipantOld people are getting dumber
No they aren’t. Young people are adapting to change (required to thrive) faster. I’m still in the thick of it career wise and the pace of change is exhausting to me! I can’t imagine slinging code at a competitive level in 20 more years.
Everyone needs therapy, we’re all fucked up.
Climate change is real. What was the Disney movie where House said, “the reason you deny it is that it’s the only course of action that requires you to do nothing.”
I’d double check every form he fills out for you but Urban realtor is a good guy as a property manager.
Joshbarnaby33ParticipantThat makes no sense. Housing demand comes from more people looking for housing than available. It’s really that the economy fundamentally changed in the last 20 years. Sure there is inflation as well, but really this is about demand growth and lack of supply. As SD’s population has increased it’s income mixed has changed even more rapidly. While there are and will be plenty of poors the upper middle income and rich have increased markedly as a percentage of the population and they are driving housing prices.
barnaby33ParticipantHow did this thread turn into a pissing contest?
Joshbarnaby33ParticipantWhy on earth would someone want to peer into other people’s dysfunction? Are you looking for schadenfreude or a benchmark?
Joshbarnaby33ParticipantI don’t see any reason to believe this. If all jobs could be done remotely wages would go down in some areas and up in others. Not sure why you would think wages would go down simply because they could be done remotely.
Because remote work generally increases supply of labor. In the short term the bottleneck is managerial resistance to building a culture of remote work. In the medium term when companies see that groups are successful they will search for talent at the lowest cost, duh! There is no magic that says rich western countries will win that competition. Increased global supply of software engineers and other knowledge workers will generally lower salaries unless there is enough demand to hoover all of them up.
Now the counter is that as far as innovation is concerned competition for the best will go up as companies do rely on less, but higher quality employees to get shit done. Those employees do generally (at least for now) come from rich countries, but that too will change. It will change because high quality people will realize they no longer have to emigrate for opportunity.
Joshbarnaby33ParticipantDeadzone I was thinking the same thing. Remote work leads to salary compression. If you can speak English and work vaguely US hours, then you’re my new competition.
Joshbarnaby33ParticipantThe few that I have left!
barnaby33ParticipantThe old model where inflation and nominal interest rates moved closely in tandem was based on a world where the marginal and median dollar saved was from middle class families. That world is dead, replaced by our current world of extreme inequality and elite domination. And while a middle class family may decide to spend more if inflation is high and return on their bank account balances is low, the wealthy just don’t work that way.
Wow that is a bigly complicated explanation. I prefer the much simpler version. Interest rates are low because money is in great supply without as much demand. As long as the FED keeps printing bonars and Congress keeps spending them; as long as foreigners keep accepting them at a premium then interest rates will stay low.
barnaby33ParticipantDumb people aren’t happier, they just express their rage in more comedically acceptable ways.
Stupidity in an age of diminishing resources isn’t a recipe for happier citizens, it’s a recipe for civil war.
Joshbarnaby33ParticipantSure, but no guarantee he will ever get a green card, not that it is necessary. Best bet is to marry a US citizen.
You sure do sell the dream deadzone.
Joshbarnaby33ParticipantYou need to read different threads then!
Joshbarnaby33Participantgzz, I do think Uber has a future. Just not the future Uber thinks it has. It’s a ride sharing business. It’s cost basis and pricing need to be determined as such. It is not an autonomous driving company. It’s ridiculous cash burn came about from trying to be both.
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