It’s not that simple. I choose to rent even though I have the savings to buy a house because I prefer putting my money in more liquid assets like stocks. People can choose to lease certain categories of assets and “own” others (e.g. public stock).
There are tons of hidden costs with ownership like insurance, property taxes, HOA, repairs/maintenance I don’t have to deal with. Plus the opportunity cost of locking $200k+ in an illiquid asset with high transaction fees to eventually liquidate years later isn’t appealing unless you’re buying a home firstly as a permanent home for raising a family and not as an investment.
There’s no glory in being excited to launch a basic permissions/access panel for end users of an auth product that should’ve shipped on Day 1. Shameful.
Similar thing just happened to freecodecamp. It’s clear Medium is facing pressure from investors to aggressively monetize and it’s rubbing some of their partners the wrong way.
I don’t know which city is worse, SF or LA, but at least in recent weeks/months SF OK’d construction of a new shelter along the Embarcadero despite money and outcries from nearby condo owners.
I still don’t know what the solution is to address the mental health aspect of homelessness. It’s disturbing seeing disheveled people scream at the top of their lungs in the middle of FiDi after work and no one batting an eye.
Isn’t anything you do on a company issued machine or network monitored as is? I think the question is not whether or not your activity is monitored but whether or not you work for an employer who cares that you occasionally browse Facebook, in which case the problem is your employer and not the fact that you’re activity is monitored.
I sometimes wonder what it would take for “yellow vest” type protests to happen in the US.
It seems like there’s a combination of shame in talking about money, in being made to feel personally responsible for being in precarious financial situations (e.g. too much avocado toast!), and relatively easy access to consumer credit to numb things over. Or it’s just the “boiling frog” phenomenon where things get slightly worse every year due to everything getting a little more expensive but never sharply enough that it’d create a mass revolt.
It took me into my late 20s to realize that I had a traumatic childhood. The thing is I did not grow up in a poor or abusive household. I grew up in an upper middle class family that looked extremely normal, and for a long time believed it myself, until I started wondering why I had since jr high felt acutely depressed, empty, and unable to hold on to meaningful relationships. Only a few years ago did I realize that both my parents were emotionally neglectful and did not validate my emotions at all growing up, and did not act or behave in a way that seemed like they were even aware that emotional care and validation of their child is at the core of good parenting, and not just feeding them and putting a roof over their head.
It explained a lot about how I act today, and why I became very independent at an early age. I continue to struggle with feelings of emptiness, depersonalization, emotional numbness. It sucks to feel like you cannot escape your childhood even as a grown adult.
There are tons of hidden costs with ownership like insurance, property taxes, HOA, repairs/maintenance I don’t have to deal with. Plus the opportunity cost of locking $200k+ in an illiquid asset with high transaction fees to eventually liquidate years later isn’t appealing unless you’re buying a home firstly as a permanent home for raising a family and not as an investment.