- milkytronVizio is owned by Wal-Mart though, so it's not exactly some small fish.
- This seems like an assumption that over time would come to bite the banks that overexpose themselves to lending in this manner.
Wouldn't banks want to accurately assess these valuations so these types of "bad loans in actuality, good loans on paper" don't become a large portion of their balance sheet?
Maybe not all at once, but over time it seems like banks would want more accuracy on this.
- The article applies to all kinds of loans for property though.
Apartment complexes could also be 50% vacant and still "worth" their original value if the asking rents remain high.
Office buildings that got cleared out after covid, same thing.
Brick and mortar retail are the same.
The article is more of a criticism of how asset values are calculated and loans are managed to avoid foreclosure. Which results in financially valid buildings/loans that are underutilized because the other option is creating economic equilibrium at the cost of lenders and debt holders.
- This isn't about self driving standards.
- How so? I've driven many SUVs and minivans. Minivans usually offer better visibility and have lower center of gravity.
Even still, are people buying an SUV or minivan for the driving experience?
- > Lucia Barbato, from West Sussex, says her second-hand Lexus RX450 SUV - a hybrid model - is vital for transporting her large family in an area with limited public transport.
If she needs a car, it is what it is. But her situation specifically is one where a minivan would solve her problems. She says the SUV gets cramped with 3 kids and their sports equipment. This is exactly the problem minivans solved. I think the problem being faced here is more about societal trends and cars as status symbols and expressions of self. SUVs are cool and trendy, minivans are lame and boring.
Another person said they need a Land Rover Defender. Also, minivan solves their specific problems of shuttling people and needing to fit a door on occasion.
Minivans aren't small by any means, but they are much more functional and useable than what most people are buying.
- Yes. And I've structured a decent amount of my life around transportation independence.
My last car will probably be my current car from 2013, which I have replaced the engine in, and plan on replacing the transmission in when that goes, as well as other parts as needed. Rust is basically what is going to kill it and I can stave that off for a long time.
When that day comes, it won't really matter. I live near a quarter mile from a train station, 200 feet from a bike trail that connects to my city's bike network, and 50 feet from a bus stop. No need for a car really ever. Rentals exist for car needs every few months, but there are usually other options.
The key for me was to not be dependent on any singular mode of transportation and to have redundancy so that if any single option isn't working, I have at least one other option to go places.
- Sounds like when Slack started taking marketshare from Skype for Business and they pushed out Teams as fast as possible.
- If I was absolutely not willing to return. I'd probably continue working, maybe even more, smarter, or harder than currently. And attend everything I can virtually. Make it known that I exist and my work matters and they need me. Continue working. If they make any threats to fire me, I work towards an exception. If no exception is granted, probably just get fired and hope for a severance.
I might consider negotiating for lower pay to continue working, or try to work towards some sort of deal like that. But I'm not sure if that would actually be better than a potential severance and unemployment considering the a firing could still be on the table and would only make the severance and unemployment lower.
- Which Garmin did you have?
I think most models can easily do 5+ hours of GPS on a single charge.
- In a lot of US cities, freeways/state highways are where a lot of commercial, retail, and entertainment destinations exist. The first homes usually aren't that far away either, and a lot of apartment complexes are built directly on state highways.
- Not sure how much heat is directly contributed by cars. But regarding the original comment, having dirt or vegetation will be less heat absorbing than even white or gray asphalt. Also it helps with runoff amongst other things.
Even if cars directly aren't contributing all that much, the amount of empty parking spaces likely make their direct surroundings less hospitable than whatever the natural vegetation would contribute.
- As of now, I haven't ever needed to steal a bike back. I view it more as theft deterrent. They'll be less likely to be able sell it, and it makes the bike look like it's not as valuable.
- I do this in Denver, where bike theft is supposedly rampant. Never had an issue, and I live in one of the worse areas and will leave my bike parked and unattended for hours at a time.
I also sticker bombed one of my bikes so that if someone were to steal it, it would be very easily identifiable.
- Related: https://foundation.mozilla.org/en/privacynotincluded/article...
This is part of the reason why I drive an older car. No internet connectivity, mostly analog, and easy to fix when things go wrong.
I hope this is the last car that I own, not just for privacy reasons, but because I just don't want to be dependent on a car for financial, health, ecologic, and social reasons. I've lived without a car before and relied on rentals and rideshare when I needed them, and saved a ton of money. I'd rather go back to that life than to be required to choose between only bad and expensive options for transporting myself and my loved ones.
- I've experienced this. My property taxes have gone up maybe 30% in the past few years. My income has increased pretty substantially, so it's not like I'm unable to pay for the increases. Compared to rent though, and having a mortgage where every month the amount of principle paid off increases, it still seems like the better option.
Rent has increased 30-50% where I live over the same time period. At least when my property tax increases, it's because I have an asset that has increased in value. If I am at some point forced to sell because I can no longer afford the property taxes, then I'll walk away with more money than if I had been paying rent for those same years.
Property taxes can force the same type of relocation that rent increases cause, but I think the typical outcome from someone being forced out by rising property taxes will be better than the person forced out by rising rents.
- I've been left out of family and friend group chats for not having an iPhone.
I nearly missed a birthday party for my friend that his girlfriend organized because she didn't want to lose iMessage features when sending out the group invite. I only found out the day before because my friend asked if I would be coming to his party the day before.
I only got added to my family group chat after I got a mac and installed AirMessage.
- I've had friends that have trouble syncing their Garmin devices with syncing to their iPhone. I've wondered if this is caused by their wireless communication protocol that is proprietary and only available on other apple devices.
Airpods and other bluetooth Apple devices seamlessly sync with iPhones because of a wireless protocol they use that is only available on Apple devices. I forget what it's called, but this definitely limits connectivity of devices that aren't made by Apple.
- Getting people out of cars also reduces tax spend on road costs. Bike infrastructure lasts longer and is cheaper to maintain than a road, which can result in improved municipal finances.
- It truly is. I moved to a city across my country that has pretty good bike infrastructure. I had never even considered riding a bike for transportation, but after experiencing somewhat good infrastructure that got me to my office faster than driving, I was blown away by how enjoyable, sustainable, and economical it can be.