> If every house is overvalued by some metric, then maybe the metric is wrong.
We're seeing people moving, and supply limits are influencing both rental prices and purchase prices. It's a weird housing market.
The question of the rationality of the valuation is:
1. Do you expect these migration patterns to continue?
2. If so, when do you expect new construction to pick up the slack for demand?
3. How bad of a recession is the Fed going to cause to break inflation?
> housing that should depreciate over time.
It does, amusingly. Housing stock ages and units you build now will generally be worth less in 10-20 years. Land is the thing that can appreciate in value.
There is little point in peaking out from whatever novel thing you're interested in and discussing it when there are people who get their fun out of ruining lives.
This selects for people who post boring but inflammatory takes, and encourages heterodox thinkers who are trying to gain followings to meld their views to their audience.
I don't want social media to censor me, people I want to communicate with or people I don't ever want to communicate with.
I want tools that help me communicate with other people. Learn things, get exposed to new ideas. And we can't have that with a huge system designed to prevent people from saying the wrong things.
Our ability to communicate and learn freely is dependent on the ability for people we disagree with to also have this ability. You will be censored if you want other people censored.
Facebook should focus on giving tools to individuals and communities to communicate with each other and speak freely with one another. Communities and individuals should determine their rules, not Facebook.
Platform wide content moderation is inevitable (illegal content exists), but mass censorship is bad. It will come for you, if it hasn't already.
> You still need a physical machine to access "the cloud", so don't you still have all the expensive problems related to managing a fleet of PCs, but now you have to do it x2?
Microsoft Intune/Endpoint manager is actually pretty easy to setup/enroll laptops. Autopilot takes a bit of work, but it does get you to the point where IT doesn't have to do anything on a new laptop shipped to a user.
Ultimately if you don't want your users doing much on their laptops you can make it pretty simple to manage them.
> Is data security so important that some companies are willing to pay 5x hardware costs and 2x maintenance costs for it?
It really depends on the industry. Most folks aren't doing this because security isn't a priority.
Some firms may not survive a data breach, others might incur tens or hundreds of millions of dollars in costs (directly and indirectly) for one large breach. These folks do care and will spend whatever it takes because it's got a business justification.
> I realized the truth of the Appleton model. Thirty years from now all the new homes she’s selling will slip into the “old” category and will gradually fester as taxes rise and the middle class migrates to new greenfield developments.
This is possible, but a lot of suburbs are old and quite successful.
Bellevue and Redmond come to mind just from where I live but there are lots of places in America where the periphery is long lived and maintained.
We're seeing people moving, and supply limits are influencing both rental prices and purchase prices. It's a weird housing market.
The question of the rationality of the valuation is:
1. Do you expect these migration patterns to continue? 2. If so, when do you expect new construction to pick up the slack for demand? 3. How bad of a recession is the Fed going to cause to break inflation?
> housing that should depreciate over time.
It does, amusingly. Housing stock ages and units you build now will generally be worth less in 10-20 years. Land is the thing that can appreciate in value.