Woom is the best - not only when it comes to balance bikes, but also real bikes. As they really are bikes. Other, even serious, brands make kids' bikes that are just too heavy. Also, Woom keeps it's re-selling value very well, much better than anything what Tesla makes.
I agree, my sons learned cycling on woom bikes. They were the only brand in Europe that offered brake levers for small hands and crank arms with appropriate length.
Brilliant. I have a similar idea for a language I've been envisioning.
So, my approach to dynamic features, global mutable state, etc... There's this big list of features which have caused me tremendous pain over the years. I am increasingly weary.
Sometimes you want or need them, though. You don't want the same level of strictness for every project (e.g. throwaway scripts or game jams), nor at every stage of a project -- e.g. being forced to specify invariants is something I'd love to be able to enable, but I wouldn't want that on while I'm still figuring out the basic structure of things.
So for game jams I'd put the language into #JAMMODE (which would be short for a bunch of other flags). But the point here is that jam mode should be opt-in, rather than opt-out. You should have to go out of your way to enable the footguns. And a file with #JAMMODE should be a little smelly. You should think, OK I'm actually shipping this thing now, let's get it out of #JAMMODE. (And strict files can't talk to jam files, and we probably want different strictness levels beyond Debug and Release, etc... someone told me with the strictness "zones" that I'm reinventing half of Ada, hahah.)
Have you managed to turn everything off? I had been playing with magic containers, turned everything off and then discovered every month I was charged 1usd + vat for nothing. A bit annoying.
Amazon CEO literally told US gov officials that it could be jailbroken and is dangerous. That was a fact (or from the pov of the gov it was). If they were going to ban based on marketing, all LLMs models would have been banned by now.
This assumes that the people in charge for public policy understand the technology beyond the marketing. Which I don’t think is this case based on the track record of policymakers when it comes to essentially any technology.
"Last value" is pretty meaningless when it's stale though.
Suppose there is a building that was built in 1970, last rented out in 1975 and then bought by a company that has used it as their own offices until now. The last transaction was in 1975, what's the value if they apply for a mortgage today? Surely they have some formula to use for this based on e.g. other buildings in the area.
Moreover, "failure to find a tenant" is also a type of transaction. It's the landlord acting as the high bidder for the space, essentially the involuntary edition of imputed rent, and implies something negative about the financial prospects of the building when it continues for a significant period of time or large percentage of units. Ignoring that it is either incompetence or some kind of perverse incentive.
> "Last value" is pretty meaningless when it's stale though.
For who and in what way though? Every entity involved wants to keep the price high, except the renter/new buyer, so with that in mind, "Last Value" seems optimal for achieving that.
Maybe it's different in the US, but in Spain there is a ton of properties that sit completely empty and unused, even since earlier than 2008, just because the owners don't think the value is enough to sell yet, and they wouldn't earn enough renting it out, so everyone (except renters/new buyers) seems to prefer it just sits empty for decades.
Suppose the building is supposed to be worth $20M, has an existing $10M mortgage and is actually only worth $10M. The landlord comes to you and wants to borrow another $5M against the building. Pretty important to the lender at this point that they're not overvaluing it, right? Or the same if they go to a different bank trying to refinance an existing mortgage they're already underwater on when using an accurate accounting.
It's not a matter of whether I like it. It's a question of why the bank, unless required to do so by some kind of absurd perverse regulatory incentive, would do something which is not only harming others but also increasing the default risk for the bank by reducing the income of a borrower who, if they can't make the payments, will cause the bank to have to write off millions of dollars by foreclosing on an underwater building.
You’re also assuming every vacancy has this pigeon holed financial setup. A LOT of commercial property is freehold.
I’m honestly at a bit of a loss that people feel they can tell others what to do with their property because it’s vacant. That’s not how society works, and it won’t change to that either.
if the society decides that they don't want properties to stay empty, then that's exactly how it works. and yes, it will change to that if people want it. german cities are already discussing options how to motivate owners to fill their properties through various incentives including legal ones.
When people are fulfilling their obligations and most other people are not happy with the outcome, that usually means the definition of "obligations" is wrong.
Not sure what you mean. The goal is a good society. Allowing certain individuals to keep certain things they currently have was never any part of my goal. (I can't speak for others in the thread of course.)
I picture the banks and the landlords would do better in the long term too if the shops were full.
This is not Bluesky leftist "let's take Jeff Bezos' yacht so we can all have 15 minutes of health insurance" but rather "let's have more businesses in this town that can put capital to work, create jobs, create wealth and the kind of consumer choice that Ralph Nader and Ludwig von Mises both agreed on."
There are buildings in my town that haven't been used in 20-30 years. And that's in the 'modern' shopping area. In the old 'downtown' area there are some that have been empty for 40+ years.
There's a building near my office. Never technically finished so empty for 10+ years. I believe the two owners had a disagreement.
One day a crew turns up and starts jack hammering away a gangway. Its technically now two buildings; one of them is still unfinished and empty, the other has now been finished and is up for rent.
In terms of my utility I would prefer things renovated, changed, or rented out to funky things than have ghastly empty buildings
This sounds like the worst case outcome for society; real estate permanently allotted to some entity that chooses not to use it. It is not an envious model; it is a model that should be eliminated.
“You” require a continuous analysis of cash flow to continuously determine value, and proper management. A simple, and common, requirement in commercial lending called the debt service coverage ratio.
Lower income for the building means lower numerator, which means being unable to meet the agreed upon DSCR, which means default. Whether or not the lender acts on this default is a separate matter, as they are usually loathe to get into the property management business, but renegotiation of terms and eventually foreclosure does happen.
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