Home > Critical Thinking, Current Affairs, Dystopia, Links, Skepticism > Interesting Links: Mar 22, 2016

Interesting Links: Mar 22, 2016

Here are links to a few interesting articles I came across recently. They are about the negative effects of the current “silicon valley” boom in the Bay Area.

Link 1: Venture Capital’s Answer to High-Priced Housing: Dorms for Grown Ups

Venture capitalists think they have an answer to the growing housing crunch in San Francisco and other big cities across the U.S.: adult dorms. Shared office space giant WeWork Cos., recently valued at $16 billion, and a handful of smaller startups are experimenting with “coliving,” a concept that involves tiny apartments, shared kitchens and lounges, and a communal atmosphere. Unlike traditional investments in the real-estate sector, which tends to be a slow-growth market with moderate returns, financial backers including Fidelity Investments and consumer-focused venture-capital fund Maveron are betting on hyper-fast expansion and startup-like profit. The wager is that 20-something residents moving to new cities will pay a premium to live in clusters of small apartments packed with peers in similar places in their lives. Apartment rents in big cities are high, furnishing an apartment is expensive and finding housing on Craigslist can be daunting, the thinking goes.

Link 2: Teachers Can’t Afford to Live Where They Teach

In San Francisco and Silicon Valley, housing is expensive and in short supply. All throughout the Bay Area, cities are discussing where the hell all their schoolteachers are supposed to live. It’s well known that housing costs in booming Bay Area cities are out of range of most public school teachers, who earn middle class salaries. And yet all of these cities have public schools. Gotta put those teachers somewhere. The most popular current out-of-the-box solution for this issue seems to be: build designated affordable housing for teachers. USA Today reports that San Francisco, Cupertino (where Apple is headquartered), Palo Alto, and Santa Clara are all building or considering building teacher-specific housing—although not enough to meet the need of all the teachers. In Mountain View, where Google is headquartered, the school district is also considering various ways it could build housing for teachers.

Link 3: Death by gentrification: the killing that shamed San Francisco

Alex Nieto was 28 years old when he was killed, in the neighbourhood where he had spent his whole life. He died in a barrage of bullets fired at him by four San Francisco policemen. There are a few things about his death that everyone agrees on: he was in a hilltop park eating a burrito and tortilla chips, wearing the Taser he carried for his job as a bouncer at a nightclub, when someone called 911 on him a little after 7pm on the evening of 21 March 2014. When police officers arrived a few minutes later, they claim Nieto defiantly pointed the Taser at them, and that they mistook its red laser light for the laser sights of a gun, and shot him in self-defence. However, the stories of the four officers contradict each other, and some of the evidence.

He had graduated from community college with a focus on criminal justice, and hoped to help young people as a probation officer. He had an internship with the city’s juvenile probation department not long before his death, according to former city probation officer Carlos Gonzalez, who became a friend. Gonzalez said Nieto knew how criminal justice worked in the city. No one has ever provided a convincing motive for why he would point a gun-shaped object at the police when he knew that it would probably be a fatal act.

What do you think? Comments?

  1. P Ray
    March 23, 2016 at 2:56 am

    Greenlander was talking rot about how good software engineers can earn $100K+ to start … and then I pointed out that the Apple Maps lead would only be making $85,000 – not including commute costs and rent.
    He couldn’t give the names of any companies that would pay $100K+ though. So there we go, a lot of hot air about how “there is a shortage of technical people”.

    It’s the same situation in Auckland – teachers can’t afford to live there AND … why would they travel to Myanmar and Singapore if as white people … they were so well paid back home?

  2. P Ray
    March 23, 2016 at 3:03 am

    Don’t forget the engineers sleeping in cars, by the way.

    he was in a hilltop park eating a burrito and tortilla chips, wearing the Taser he carried for his job as a bouncer at a nightclub
    Maybe he cockblocked one of the police officers previously, and they wanted him to suck them off as penance or restitution – he got mad, they got even. Remember kids, showing any outward resistance to policemen … makes them reach for their guns, because, if you are too intelligent, you will not get to join the force.
    Court OKs Barring High IQs for Cops
    N E W L O N D O N, Conn., Sept. 8, 2000
    A man whose bid to become a police officer was rejected after he scored too high on an intelligence test has lost an appeal in his federal lawsuit against the city.
    The 2nd U.S. Circuit Court of Appeals in New York upheld a lower court’s decision that the city did not discriminate against Robert Jordan because the same standards were applied to everyone who took the test.

    “This kind of puts an official face on discrimination in America against people of a certain class,” Jordan said today from his Waterford home. “I maintain you have no more control over your basic intelligence than your eye color or your gender or anything else.”

    He said he does not plan to take any further legal action.

    Jordan, a 49-year-old college graduate, took the exam in 1996 and scored 33 points, the equivalent of an IQ of 125. But New London police interviewed only candidates who scored 20 to 27, on the theory that those who scored too high could get bored with police work and leave soon after undergoing costly training.

    (If the training is so extensive, why are there so many cases of wrongful discharge of firearms?)

    • P Ray
      March 23, 2016 at 3:32 am

      Alex Nieto’s case reminds me of Jean Charles de Menezes.
      Of course, in the interest of protecting (white) people’s lives and families, people have to be executed before they can commit crime.
      Funnily enough, those same people also decry abortion. Things that make you go Hmmm…

      After all, as the respected Judge Death said:
      “Only the living commit crime. Therefore, living is a crime.”
      (I can’t find a logical flaw in that argument)

  3. The Plague Doctor
    March 23, 2016 at 7:45 am

  4. March 23, 2016 at 7:50 am

    Come up with more descriptive titles than “Interesting Links”.

  5. A.B. Prosper
    March 23, 2016 at 11:31 am

    Housing is a chronic problem in all of California. I know people who work a skilled trade and a very frugal and can barely, barely get by in cheap areas of California. Much higher underemployment than reported too.

    The few areas with reasonable housing have little work or are basically uninhabitable with one month growing seasons and no cities.

    The easiest solution to the future likely highly socialist state housing issues is for the State of California to go the Singapore route and simply become a large landlord.

    Eminent domain a huge chunk of the properties owned by banks or left fallow or owned by foreign nationals or anyone and rent them below market to people who meet the criteria, full time job, no drug manufacturing history and enough income to maintain them.

    This would help stabilize State spending and pensions and force housing prices down too . If the State feels ideological or vindictive they can also diversify economically and culturally certain areas as well. Heh Heh Heh

    The problem of course is that the US was founded on getting things cheap, slavery, treason, genocide basically and this doesn’t work very well in a complex society.

    Even if we had the demography and heck culture of say the 1950’s , constant wage arbitrage by globalists will mean the system will implode. You can’t starve workers of wages and have a functioning society. Its not new knowledge either, its in the Bible 3 times at least but people never learn.

    I’m reminded of “libertarians.” the Instapundit Glen Reynolds is particular who tout some new technological innovation and sneer “see the real minimum wage is zero” well true enough but the real minimum economy and customer base is zero, the real amount of freedom you have is near zero and real minimum state size is much much bigger than you think.

    I like to say that Bernie Sanders is a moderate and the next group of people, either post or pre revolution aren’t . They also aren’t cold war babies, aren’t afraid of government as a solution and will make Sanders look like a moderate.

    Well If the US survives intact as a 1st world polity which is questionable. If it doesn’t after the war what housing stock isn’t ruined ought to be pretty cheap so long as the local faction is compatible.

    • P Ray
      July 3, 2018 at 2:48 am

      Unless you are buying the house outright in cash or electronic fund transfer (that means a single lump sum) …
      the cost of the house, spread over 30 years, IS DOUBLED when a bank is involved.

      So, paying over 30 years sounds good, eh? Well … Silicon Valley is hugely ageist, expect to lose your job within 10 years, or keep jumping jobs every 2 (and of course, always upskilling yourself + commuting + relearning new things) …

      Add this to the reality that men should only ever have a house when they’re trading it for sex with someone they’re attracted to, and the proportion of men needing a house shrinks drastically since women nowadays only really want sex from the top 10-20% of men and #metoo the rest.

      Before talking about affordable housing, one needs to ask WHY men need houses in the first place. And the answer is usually: To impress a woman who wouldn’t look at him otherwise. These women are also likely to be 30+, former cock carousel riders, and likely to divorce the guy for all he has.

      • P Ray
        July 3, 2018 at 3:56 am

        Of course, the other reason for a man wanting a house would be to start his own home-based business, since rents are insane nowadays, and only going to get higher since people use malls, bars, restaurants and even post offices (!) as places to meet up or even hook up.

      • P Ray
        July 4, 2018 at 10:37 pm

        Data point for the age-discrimination:
        IBM fired me because I’m not a millennial, says axed cloud sales star in age discrim court row
        Ex-Bluemix global program director, 60, sues Big Blue
        By Chris Williams, Editor in Chief 3 Jul 2018 at 22:42 115 Reg comments SHARE ▼
        A bunch of young-ish people
        A laid-off IBM cloud sales ace is suing the IT giant for age discrimination, alleging he was forced out for being too old.

        Jonathan Langley joined Big Blue in 1993, and worked his way up the ranks over the next 24 years. Then, in 2017, as worldwide program director and sales lead of the Bluemix software-as-a-service, he was let go.

        According to his lawsuit paperwork, Langley, 60, “was a successful employee and his performance met or exceeded IBM’s expectations.”

        Had he “been younger, and especially if he had been a millennial, IBM would not have fired him,” his filing claimed.

        A messy exit
        Langley, of Texas, USA, was seemingly doing very well for himself within Big Blue. For instance, he netted a $20,000 performance bonus in January 2017, the largest such windfall within his team in Austin, we’re told. His annual performance scores put him at the top or near the top of his group.

        Curiously, the month before, though, he was warned privately by his boss’s boss – Andrew Brown, veep of worldwide sales of IBM’s hybrid cloud software – that he needed to look for a new job, it is claimed. At the end of March 2017, Langley was formally told he would be laid off at the end of June.

        Langley was unable to get a role elsewhere within IBM, and its HR system marked him as having “resigned,” it is claimed. In early July, days after he left the business, Langley got a letter congratulating him on his “retirement.”

        IBM management told the US government’s Equal Employment Opportunity Commission that Langley was laid off after his supervisor Kim Overbay ranked him, in January 2017, as the worst performing person on his team, despite him bagging the biggest bonus that quarter, and earlier meeting or exceeding performance expectations, according to the lawsuit.

        Crucially, because Brown, as it is claimed, tipped off Langley via email that he was facing the chop a month before Overbay drew up her table, the ex-IBMer concluded he was selected for termination due to his age – and not his ability. IBM had, in Langley’s view, already made its mind up to get rid of him before his supervisor had ranked him.

    • P Ray
      July 4, 2018 at 8:59 am

      Silicon Valley’s housing crisis is so dire that this 897-square-foot Palo Alto home is selling for $2.59 million — take a look inside
      Katie Canales, Business Insider US July 4, 2018

      So … house costs 2.59 million
      30 year loan, x2 the cost of the house … 5.18 million
      30 years is 30 x 12 months … 360 months
      so monthly payments = 5.18 million / 360 = USD14,389

      remember, around 2015 Apple Maps were paying USD85,000 PER YEAR.
      The minimum yearly salary to afford the Palo Alto home (with no savings) is 14,389 x 12 = 172,668.

      Advocatus has pointed out Given that the median per-capita income in the USA is $ 26,363/ year, can most people save a worthwhile amount of money? which is USD2,200 per month.

      So these people must be in the top 1% of 25-year-olds. And you only earn that kind of money … if you’re making millions for someone else.

      The taxes will probably kill them if they can’t find a job.

  6. P Ray
    March 24, 2016 at 5:52 pm

    Dorms for grownups will lead to more suicides, since more incel guys will keep hearing Chad Thundercock having a queue of women to service, while those women talk about how “I didn’t come here to socialise, I came here to work.”

  7. March 29, 2016 at 12:01 am

    diablo, did you hear about the adolphonso’s who hacked printers and sent nazi propaganda?

    looks like they used a similar approach to what you use to peep on webcams…

    anyways, looks like the image was corrupted when they hacked my printer…


    I saw it- and it was surprisingly like what many devoted readers of RooshV blogs would have made.

  8. April 1, 2016 at 4:00 pm
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