I can rent for less than interest costs on a loan. Plus no taxes, no maintenance, no risk. Good luck selling some shitty $800k house in the bay area for $5.6M EVER. $800k doesn't buy you a good house in a good location, it gets you a run-down junker in bum town.
Cooking isn't that hard, you just need to put some more practice and try beginner friendly recipes. Stir frys, soups, salads, curries, and many baked dishes are healthy, require very little skill, and cheap equipment will work fine. Get some good oil with a high smoke point (avocado oil works great) for extra "user friendly" cooking.
Good for you!! You've taken a step toward rationality. Verifying things for yourself is a good habit. You don't have to trust that statement either, try it and see for yourself.
Yes, we've heard so many reasons why crypto is not viable. Too much energy use, too slow, not accepted anywhere, too volatile... and now apparently it prevents us from finding aliens. Wow. I think crypto must be an actual threat to the elite. The shills are out in force 24/7 spreading whatever FUD they can. Meanwhile, BTC is up nearing $10k again...
Isn't this exactly what you would expect from something pleasant and rare? If you just want to make an area more affordable, you should make it less pleasant.
make it less pleasant
This is Silicon Valley. We're all out of pleasant.
So they can't survive with two thirds of a presumably good paycheck? What's the title on about?
Minus federal tax, state tax, property tax, 9% sales tax, mortgage insurance, etc. No thanks, I'll rent.
Somebody will say "but properties appreciate in value!" Yes, and the interest payments for a 4.5% 30-year mortgage (if you can scrape enough afford it) are about $800k. Unless you're rich enough to buy without financing it just seems like a great investment for the mortgage company. Compare the $800k of interest payments (not including PMI etc) to the returns your $200k downpayment would see invested in the stock market: assuming 10% average return (historically ~12% IIRC) your downpayment is worth $900k after 15 years or $4million after 30 years. Good luck getting anything close to that from a house in silicon valley.
A Tesla battery contains about 60 kg of lithium, which comes from about 320 kg of lithium carbonate. At $12k per ton, that costs about $4k, which is only 5% of the cost of the car.
Or about 1/3 of the median car price, FYI. Batteries are expensive.
To be fair, Japans McDonald's has some pretty good menu items. The gurakoro (a cross between gratin and korokke on a bun) is especially tasty. Too bad they don't have it here. Haven't been to a McDonald's in my home country for years it's so bland and sad.
The general malaise is due to the decay of civilization. In this case, loss of personal contact with other humans is the issue, smartphones are merely a tool.
While I agree there is some compelling evidence, your argument that "it's true because thousands of climatologists" is complete garbage. The majority of scientists have *often* been wrong about things in the past: low-fat diets, exoplanets being rare, dinosaurs being reptiles that lived in swamps, neanderthals not existing alongside humans, AGW leading to an ice age, dietary cholesterol, Moore's law ending umpteen times in the last 20 years, etc etc etc. Experts are wrong about things surprisingly often. What do you think about economist predictions? Statistically they're no better than random chance. If you want to make an argument, make the argument. Don't just say who agrees with you.
Interesting argument considering the deficit increased more under Pres. Obama than Bush (or any prior president). https://www.cbsnews.com/news/n...
What will happen during Trump's presidency remains to be seen. In the first year we've seen economic growth, is anyone disputing that? Anyway, I think it's interesting to keep note of the headlines as times goes on.
Back in February 2017: "Trump is upset the media is not reporting a meaningless statistic about the national debt" https://www.washingtonpost.com...
I don't claim to know the future, but looking at the past it seems like people's concerns re: this president have been pretty overblown. I will watch impartially as the story unfolds.
Slashdot Mirror
Seriously? Another Russia interference story? I'm not complaining, just impressed with how long the MSM can keep the story going.
Nuclear deaths per trillion kWh (incl Chernobyl): 90
rooftop solar deaths per trillion kWh: 440
coal deaths per trillion kWh: 100,000
Chernobyl was a stupid easily avoidable mistake and the American nuclear program does not own it. I'm using the number for American nuclear.
Right, and that's why we need more immigration so we can have more unskilled workers. See how simple this is?
Cherry picking? Just going to accuse without backing it up? Here's my source. What's yours? https://www.forbes.com/sites/j...
"That men do not learn very much from the lessons of history is the most important of all the lessons of history." -A. Huxley
rooftop solar deaths per trillion kWh: 440
coal deaths per trillion kWh: 100,000
You're right! It's orders of magnitude away from everything else.
Who do you think has pushed the price up so high? Who is now selling futures for cryptocoins? And the big banks even have their own crypto-currency.
Who is playing who here?
1. People who got the FOMO last December.
2. *selling* Think about that.
3. *their own* Think about that.
4. The value of my cryptos are up 30% this week and once again at all-time-high. So...
Right now you can. Care to make the same statement after 10 yrs of inflation on your monthly rental while the mortgage interest hasn't increased?
That statement makes no sense in the context of the discussion.
1. Won't be in the bay area that long anyway. It's just a shithole with high paying jobs.
2. The "affordable" sub-$1M houses are either in sketchy areas or involve long commutes. I doubt their increasing prices are justified.
Seattle
I said "silicon valley."
I can rent for less than interest costs on a loan. Plus no taxes, no maintenance, no risk. Good luck selling some shitty $800k house in the bay area for $5.6M EVER. $800k doesn't buy you a good house in a good location, it gets you a run-down junker in bum town.
Cooking isn't that hard, you just need to put some more practice and try beginner friendly recipes. Stir frys, soups, salads, curries, and many baked dishes are healthy, require very little skill, and cheap equipment will work fine. Get some good oil with a high smoke point (avocado oil works great) for extra "user friendly" cooking.
Good for you!! You've taken a step toward rationality. Verifying things for yourself is a good habit. You don't have to trust that statement either, try it and see for yourself.
Yes, we've heard so many reasons why crypto is not viable. Too much energy use, too slow, not accepted anywhere, too volatile... and now apparently it prevents us from finding aliens. Wow. I think crypto must be an actual threat to the elite. The shills are out in force 24/7 spreading whatever FUD they can. Meanwhile, BTC is up nearing $10k again...
Isn't this exactly what you would expect from something pleasant and rare? If you just want to make an area more affordable, you should make it less pleasant.
make it less pleasant
This is Silicon Valley. We're all out of pleasant.
So they can't survive with two thirds of a presumably good paycheck? What's the title on about?
Minus federal tax, state tax, property tax, 9% sales tax, mortgage insurance, etc. No thanks, I'll rent.
Somebody will say "but properties appreciate in value!" Yes, and the interest payments for a 4.5% 30-year mortgage (if you can scrape enough afford it) are about $800k. Unless you're rich enough to buy without financing it just seems like a great investment for the mortgage company. Compare the $800k of interest payments (not including PMI etc) to the returns your $200k downpayment would see invested in the stock market: assuming 10% average return (historically ~12% IIRC) your downpayment is worth $900k after 15 years or $4million after 30 years. Good luck getting anything close to that from a house in silicon valley.
So much for cheap batteries.
A Tesla battery contains about 60 kg of lithium, which comes from about 320 kg of lithium carbonate. At $12k per ton, that costs about $4k, which is only 5% of the cost of the car.
Or about 1/3 of the median car price, FYI. Batteries are expensive.
Are you sure? My guess is that melanin radiates in the infrared when exposed to light, so I would guess you've just altered the problem.
Why guess when you can look it up? https://en.wikipedia.org/wiki/...
Short answer: Guess again! Melanin absorbs UV not IR.
Ultimately, you have to trust someone.
No, you don't. Politics are just a form of insanity. Free yourself from the grip of delusions and live a free life.
To be fair, Japans McDonald's has some pretty good menu items. The gurakoro (a cross between gratin and korokke on a bun) is especially tasty. Too bad they don't have it here. Haven't been to a McDonald's in my home country for years it's so bland and sad.
The general malaise is due to the decay of civilization. In this case, loss of personal contact with other humans is the issue, smartphones are merely a tool.
The bailouts to wealthy wall-street bankers who celebrated with an orgy of bonuses and spending and *postponed* a depression.
FTFY
While I agree there is some compelling evidence, your argument that "it's true because thousands of climatologists" is complete garbage. The majority of scientists have *often* been wrong about things in the past: low-fat diets, exoplanets being rare, dinosaurs being reptiles that lived in swamps, neanderthals not existing alongside humans, AGW leading to an ice age, dietary cholesterol, Moore's law ending umpteen times in the last 20 years, etc etc etc. Experts are wrong about things surprisingly often. What do you think about economist predictions? Statistically they're no better than random chance. If you want to make an argument, make the argument. Don't just say who agrees with you.
What will happen during Trump's presidency remains to be seen. In the first year we've seen economic growth, is anyone disputing that? Anyway, I think it's interesting to keep note of the headlines as times goes on.
Back in February 2017: "Trump is upset the media is not reporting a meaningless statistic about the national debt" https://www.washingtonpost.com...
In January 2018: "December US budget deficit shrinks to $23.2 billion" https://wtop.com/national/2018...
I don't claim to know the future, but looking at the past it seems like people's concerns re: this president have been pretty overblown. I will watch impartially as the story unfolds.
AC said "Have to power houses in northern climates some how. It isn't going to be solar." Somehow potentially means a variety of things.