Total posts: 2,395
Created:
Pretty sure cost per square foot is construction costs and that's why it's not mentioned. A shitty, misleading article.
Created:
I can't find any nice stats on the increase of price of residential plots in America. Apparently the price of agricultural real estate has doubled in the last ten years, we can go off that. How is this obviously massive cost in buying a house not even mentioned in your shitty article?
Created:
So show me where it's factored in?
Created:
-->
@Savant
The purchase price for homes includes the cost of land. Hence why homes on more expensive land are more expensive.
Your point here is that houses are only more expensive because they're bigger. Your article talks about the cost of building a new house. There is no mention whatsoever of the land it is built on. A glaring omission.
So the government hands us all a plot of land and we have nothing to whine about. We'll build what we like on it.
Created:
-->
@Savant
This means that the cost of the building itself per square foot is going down, since the cost of the house includes the cost of the land it's built on.
You're dreaming. Where is this accounted in your article?
You need plumbing and electrical over a larger area. More lights, bathrooms, etc. 80% of new homes have 2 or more bathrooms, compared to half of new homes with only one bathroom in 1975.
I'm an electrician from a family of tradesmen. (Well, previously an electrician.) The first few hundred square feet of a new home is massively more expensive than any additional square foot.
Created:
Debt is easier to access, sure. I suppose we could ban credit cards, but I prefer to allow people to make those decisions on their own.
So we all rent forever but debt free? Good one.
Absurd.
Created:
It's definitely some corporate interest think tank spitting out these shitty articles right? I just don't know how you lot buy it in the face of such obvious absurdity.
Created:
-->
@Savant
If you don't like graphs or statistics, even ones you don't seem to disagree with, then it's unclear to me what kind of information you are looking for.
Don't have any problem with graphs or statistics in general. I'm just pretty sure this one is a scam. First of all, no mention of land cost. Second, I don't see it justified anywhere why square feet and price should be a linear relationship. Most of that is empty space. You're getting very little added cost for moderate increase of size for plumbing, electrical, permits etc. The article picks out one upward trending number and we're supposed to just stop whining about having to take on a lifetime of debt so that we can call a place home.
Building from scratch will cost more, but I could get one the same size for around the same price, accounting for inflation.
No chance. When was the last time you looked in a realtor's window?
See increases in total compensation.
Another obvious scam of an article.
Created:
-->
@Savant
houses have gotten bigger but that stilll doesn't justify the costs of 400 freaking thousand on averagePer square foot, the cost is the same in today's money
These are the kinda dumb gotcha proofs you always see from libertarians. Wylted or Swag had one a while back about how universal healthcare would produce worse health outcomes for you guys because you have more heart attacks than everyone else. A random ass article with some numbers in it and sold. The price of land has exploded, the price of materials has exploded. Look in any realtor's window and shithole houses have a half a mil price tag. People have lifetime debt like they never did before. But houses have gotten bigger on average. Here's a graph. Sold. Try build your parents house for 15k today. Adjust for inflation.
How does a house twice as big add a lifetime of debt to the cost?
Created:
Isn't this the same guy who wants to hire cheap Indian labour instead of paying Americans? H-1B? What wealth is he creating for Americans then?
Created:
Musk is a wealth creator insofar as he pays people. Sure, he progresses technology a little bit also. The country is no better for him unless wealth eventually goes back to the workers. He takes an unprecedented slice for himself. Needless, never seen before. So he can invest and give it back to the workers later? He buys twitter for 40 billion dollars.
Lay it out plainer than that.
Created:
I never said there was a limit to human innovation. Musk might well get us to mars. We should hope he does and that the flights are cheap because him and his ilk are buying up all the land here.
Why the fuck do we just hand over all resources to him? He will benevolently hand them back to us in a better form? That's the question.
Created:
Oh it's because I was asking how sure you are of yourself and your dumb ideas. You want your buddies to back you up?
That is a little bit funny.
That is a little bit funny.
Created:
-->
@Greyparrot
No, lay it out here. I have no idea why you'd think I want to give you hours of my day. Am I coming on too strong?
Created:
The inexhaustible innovation line is some dumb bullshit too. How do you not feel like a clown writing this bullshit?
Created:
I'd like to know how Musk is creating >1.6% GDP for millions of Americans? He hires people to build cars. He pays those people. He sells cars. If he takes a massive amount of the return on that, he's mostly just creating wealth for himself. Someone else gets a car. Not necessarily an American. Then he buys up massive swaths of land and nobody can afford a house. They can live in their shitty Tesla I guess. Lay it out in plainer terms than that. Who says GDP is for everyone?
Created:
Lines are a good way to measure things. Yes, interest compounds. Gold star GP, you're very bright.
Created:
A lot of new drugs are produced with a profit incentive.
Yeah by people earning normal wages. The whiteflames of the world.
Created:
-->
@Savant
Compared to boomer days, we are better off. That's the point of my post.
It's an irrelevant point. We're better off than we were in ancient Greece too. Humans figure shit out, it makes our lives better. The cost of living is still way out of whack like OP says. Housing prices are way higher than they should be owing to some people having way more money than they deserve. Something is broken. The average person's life is stress and debt like it never was before.
Created:
Not sure about anything. Will readily admit it.
Underpaid earning more per minute than the average American household does in years. Think is a soft word in justification of something like that. Never gives you pause?No, I am not foolish enough to think I could Monday morning quarterback what people do in the moment to achieve greatness. I know my limits.
I think you look like a total dumbass here though.
Created:
You obviously do not know your limits. You're very shy of them here at least.
Created:
Underpaid earning more per minute than the average American household does in years. Think is a soft word in justification of something like that. Never gives you pause?
Created:
The part where you keep on talking rubbish instead of answering my simple question. We both know it's rubbish, hence the sidestepping.
Hey it's a tough gig to advocate for something so obviously ridiculous on its face. You just keep on saying the word risk to yourself over and over.
Created:
Still sidestepping the question. Very telling I must say.
Created:
Still talking rubbish. I'm asking a very easy question. The economy is not a simple thing, we can leave that aside for now. I want an answer to the easy question.
Created:
-->
@Greyparrot
The Math guy has given a number of very sensible alternatives. Personally, I like Bernie's idea. Give workers a seat at the board. There's a little bit of anarcho-syndicalism in that or something. But Musk didn't exist 30 years ago. He exists now because CEO's have leveraged their position at the table in order to grab more wealth for themselves. We had geniuses and innovators and progress long before him without the absurd wealth inequality. The fact of the matter is that capitalism is a runaway train.
You never answered my question. Does this obvious extreme of Elon Musk earning more in a minute than the average household does in years never give you pause?
Created:
GP nothing in your posts is in any way substantive. It's very obvious that you have no idea what you're talking about and are repeating dopey soundbites. Do you ever for a second stop and think yeah, Elon Musk is earning more per minute than the average household earns in years, that seems a little wild? Is it not ever a level of extreme that cuts right through all your nonsense? It is so extreme. Like, no doubts ever? Again, just curious.
Created:
-->
@zedvictor4
Money is our access to shared resources, zed. You don't see a problem where fewer and fewer people have more and more of the money? Your grandkids will never afford a house.
What you think of Spain's 100% property tax on non-EU residents?
Must be a bit of a sting in it for you.
Created:
-->
@Savant
Standard of living is the entire point. If you wouldn't like a society where everyone is poor, then you care about standard of living. A hundred years ago, people with a modern standard of living were lampooned as greedy fat cats living a rare and unsustainable life. Today, it's commonplace in first world countries.
No it isn't. A fair system is the point. A system that serves the people living under it. Life expectancy is up the world over. Everyone's got a phone now, big whoop. Unless your point is that without massive inequality we'd have no vaccines, then you have no point.
Again, that's increased demand. What you really want is for more living spaces to be produced. But your complaint is the cost of real estate, which is a zero-sum game between buyers and sellers. If the price plummets, just as many people will lose.
My complaint is that in an economy where wealth is leaving the middle class, where the wealth and salaries of the richest are skyrocketing, our future is bought out from underneath us. People can afford houses or CEOs can afford super yachts. The rising cost of land is in part down to there more being people. It's also obviously down to massive wealth inequality, meaning fewer people buy far more.
How do you think goods, services, and inventions are produced?
Very unfairly. With the rewards for their production going mostly to very small groups of people.
Created:
Standard of living has increased.
So what? We all brush our teeth now. We live longer. Medicine and technology are better. We got big TVs to waste our lives on. That's the bare minimum. This doesn't mean that people are getting their slice of the pie.
Most of their wealth comes from stock, not from salary. I'm talking about benefits and wages.
How is stock not total compensation?
Demand for homes increases when people want homes. How are you going to blame this on anyone other than those increasing the demand?
You blame it on a system that allows massive wealth inequality, allows investors and the otherwise super rich to buy up properties. Everyone ever has wanted a home.
The point is increased productivity being passed onto employees. Healthcare and schooling are two specific industries, so this critique can't be blamed on the vast majority of companies, which don't control healthcare or schooling prices. Life expectancy has gone up. Standard of living has gone up. A lot of increasing healthcare costs are due to new drugs coming out. When you hear that the price of "insulin" has gone up, it's generally because some new, better form of it was invented, and everyone wants the new thing. Most drugs over 20 years old are no longer patented.
Healthcare and schooling are essential human needs. You're tacking them in there as benefits passed on to employees to show that people are as wealthy as ever. So people's wealth is their education and their healthcare and they can't afford houses? Your "total compensation" evaporates pretty fucking quickly.
Life expectancy has gone up. Standard of living has gone up.
This is the given in human progress. It says next to fuck all about the state of our economy.
Created:
Real compensation has increased, matching the rise in productivity.
This thing also is apparently ridiculously misleading. Total compensation to include exorbitant healthcare costs, cost of schooling. Employees to include CEOs and executives, funny attempt to sweep wealth inequality under the rug. So where's the average person in this? Begging healthcare from their employer?
Created:
-->
@Savant
If demand is going up, that's good for people who own homes. The people complaining about the problem are part of said demand, so they may as well blame themselves.
Not sure how you write this and think it makes any sense at all. People - that being every young person - should just not want homes? That's the solution? Housing prices, cost of schooling, medical debt in the case of the US - has all skyrocketed. We live in an economy that caters to the super rich. It's crazy debt and scraping by for everyone else. No financial security. Few lucky enough to have a house before middle age. Something is very wrong.
Created:
I don't know how you lot didn't vote that man.
Created:
Bernie had the solution in wanting workers to get a seat at the board. It's dynamite as an idea, but something has to give. CEO money is ridiculous.
Created:
“CEOs are getting paid more because of their leverage over corporate boards, not because of their skills or contributions they make to their firms,” the EPI report stated. “Exorbitant CEO pay has contributed to rising inequality in recent decades as it has likely pulled up the pay of other top earners—concentrating earnings at the top and leaving fewer gains for ordinary workers.
And then we have to compete with these individuals for resources. This is why people can't afford houses, because we're being outbid on land by people with ludicrously unjust amounts of money. Everything scarce belongs to the rich because we let them grant themselves ludicrous salaries and outbid us.
Created:
Posted in:
I think social media exacerbates it, but I don't think it's the root cause. We have all of these things in Europe and we're not so silly. I think America is uniquely political owing to a number of factors: being the biggest superpower in the world, the unique social circumstances surrounding a recently freed slave subclass, just the lunatic amount of guns you all have lying around, the idiot healthcare, and on. You've all got a lot to be political about, more than most, and I think you've got an overdeveloped political muscle for it. You're all very much up in each other's business. The rest of the world is just going about our day. I can probably name 3 Irish politicians.
Created:
Posted in:
I'm not racist, I've just read the works of these Uncle Toms who make a fortune validating white racism. How oblivious do you have to be to cite these guys? What other market niche are they filling?
It's just a coincidence that I've ended up at this Nazi rally with all these illiterate trailer trash Americans.
Created:
Posted in:
No balls, sad. Nobody you're talking to has any respect for you and your wheedling false face posts. You can at least respect yourself.
Created:
Posted in:
Why don't you just say "I am a racist piece of shit" one time. What are you afraid of? You must tire of this wheedling bullshitting. Nobody you're talking to thinks for a second that you care about fairness or best ways forward. It would be liberating man. One time.
Created:
Posted in:
True equality is the eradication of all race-based politics. On an unrelated note, let's carry out an ethnic cleansing. We must preserve our culture. I want photo shoots of manacled brown men being loaded into planes. That shit warms my shriveled, blackened heart to see.
Created:
Posted in:
You can think about it later on tonight alone in your bed.
Created:
Posted in:
Created:
Posted in:
You're on here all day long you sadsack. Still curious if you want to give an answer.
Created:
Posted in:
-->
@Greyparrot
Genuinely curious. He's a good dude. Do you think he respects you? He thinks you're a piece of shit. I think you're a piece of shit. What do you think?
As humans we talk to ourselves about ourselves. We tell ourselves things about ourselves. We decide things about ourselves as best we can. We lay it all out before God. What do you make of yourself here?
Created:
Posted in:
-->
@Sidewalker
You think GP ever sits back from his screen and thinks "Wow I'm a piece of shit human being?"
I just don't understand how a person makes posts like this day in day out.
Created:
Posted in:
-->
@Sidewalker
"There, but for the grace of God go I"
Great post man. As human as it gets. The American mentality is alien as shit to me, but you're a good old dude Sidewalker.
Created:
Speaking in a session dubbed “Debating Technology” at Davos on Thursday, LeCun said that the “flavor of AI” that we have at the moment — that is, generative AI and large language models (LLMs) — isn’t really up to all that much. It’s useful, sure, but falls short on many fronts.“I think the shelf life of the current [LLM] paradigm is fairly short, probably three to five years,” LeCun said. “I think within five years, nobody in their right mind would use them anymore, at least not as the central component of an AI system. I think [….] we’re going to see the emergence of a new paradigm for AI architectures, which may not have the limitations of current AI systems.”These “limitations” inhibit truly intelligent behavior in machines, LeCun says. This is down to four key reasons: a lack of understanding of the physical world; a lack of persistent memory; a lack of reasoning; and a lack of complex planning capabilities.“LLMs really are not capable of any of this,” LeCun said. “So there’s going to be another revolution of AI over the next few years. We may have to change the name of it, because it’s probably not going to be generative in the sense that we understand it today.”
The potential of LLM's is massively overstated. Take it from Yann LeCun, an actual genius in the field. He knows a lot more about what he's talking about than anyone else you'll listen to on this. ChatGPT ain't taking anyone's job. Every software engineer knows that.
Created:
Posted in:
We must defeat the matrix. That's her there, Isabella, changing your dad's diaper. Not the assembly of billionaires lined up behind our elected billionaire president. They own half the wealth in the country between them, but that's fine.
Pitifully stupid man.
Pitifully stupid man.
Created: