You can get a Nissan Pathfinder or a Honda Odyssey minivan with automatic 6 cylinder engines, faster performance, better gas mileage, and room for an entire family
I've done migrations off my. Savings were 8+ figures/year, so worth it, but, the application didn't have a lot of development. Several companies tried and failed; in addition to all the issues described, you find random bugs in the source coffee that just happen to work.
Cobol also has goto statementsv and unions, which lend themselves to really hard to follow code.
When banks created derivatives that could only be fairly valued by the bank, with 5% profit margins built in, it got them a trip to Congress.
SGPs have margins that would make options traders blush and were sold to people with no financial sophistication whatsoever. These things turn your phone into a vampire, and have no socially redeeming value. Please ban them!
This is terrible. Taxis don't require fingerprints.
This drives up the cost of providing a service for a population that doesn't have much money to begin with. It is ostensibly safer, but that value has not been quantified. On the margin, it will encourage kids to take less safe forms of transit (e.g. drunk friend) due to higher costs and reduced availability.
Very rigid labor markets combined with high marginal tax rates and generous subsidies for the young. If you are ambitious, you channel your energies into non commerical things, emigrate, or quickly realize that making 2x what your friends make doesn't actually improve your quality of life
Tenants have more money, and there are more tenants who now qualify who might not have already saved up for a broker fee. I'm sure landlords have factored this in.
Tenants will have more cash each month. Tenants bid up rents to the point of affordability, and they'll become more affordable. Furthermore, there will be more would-be tenants b/c you don't need to save up a for a broker fee -- as long as your income is high enough, you can get a unit, at least in theory. So more competition....
Most people here don't realize that there are two different markets:
1) Free market apartments: with tenants not having to pay broker fees up front, LLs can and will come up with workarounds. E.g. 'move-in-fee' of 5k or a 'move-out' fee. They will be able to charge more, especially on renewal leases.
2) Rent regulated apartments: LLs can't play those games, but they can say 'only available if you hire such and such a broker', or they might only list the apartments on a website that operates on a subscription basis where they get a cut somehow. Or, at the margins, this is a significant cost for money-losing units, so they might just add those units to the list of units permanently off the market.
I do expect brokerage fees to decline somewhat, and this may affect pricing for streeteasy and zillow and the other advertising portals, but this is not going to be a huge change, and is going to hurt a bunch of low-income tenants.
Win for the lawyers