If the property is devalued, the property taxes lower accordingly. Portland, Oregon has been facing this problem recently. The devaluations caused the tax revenues for the city to drop, which in turn has caused budget issues.
For example, "Big Pink" is an office tower in downtown Portland. It's last sale was for about $370 million. Out of desperation in a saturated market, the owners sold it last year for about $45 million. No one - the owners, the city, or the citizens - wants to have the vicious downturn of values, and there is no easy solution. Adding a vacancy tax just exacerbates the problem.
As citizen I might prefer downturn of values. At least in medium term. Yes there is lot less tax income. But on other hand lowering values would mean lower rents which would mean lower overheads and potentially cheaper prices or more business being viable.
> Adding a vacancy tax just exacerbates the problem.
The point of the vacancy tax is also to prevent the over speculation before it happens. If the operators know that they are looking at having to cough up more cash than they expect in the future, they might reign in the rampant real estate speculation. If the bank knows that they might have to start coughing up cash, they'll be more inclined to actually just drop the property into bankruptcy.
Adding taxes in a downturn obviously adds additional friction. One might ask, what happened to the tax revenue of that $370M transaction, where is it now when the city needs it.
From my experience, LLMs understand prompt just fine, even if there are substantial typos or severe grammatical errors.
I feel that prompting them with poor language will make them respond more casually. That might be confirmation bias on my end, but research does show that prompt language affects LLM behavior, even if the prompt message doesn't change/
Now that's an interesting comment for him to include. The cynic in me could find / can think of lots of reasons from my YouTube feed as to why that might be so. What else is going on at Microsoft that could cause this sense of urgency?
From the beginning, one of the advertising tricks they have used for AI is FOMO. I presume that is so they can sell you as much of it as they can before you realize its flaws.
Everybody's so worried about getting in on the ground floor of something that they don't even imagine it could be a massive flop.
My guess is there is some communication going out to every "manager", even the M1, that says this is your priority.
For example, I know of an unrelated mandate Microsoft has for its management. Anything security team analysis flags in code that you or your team owns must be fixed or somehow acceptably mitigated within the deadline specified. It doesn't matter if it is Newton soft json being "vulnerable" and the entire system is only built for use by msft employees. If you let this deadline slip, you have to explain yourself and might lose your bonus.
Ok so the remediation for the Newton soft case is easy enough that it is worth doing but the point is I have a conspiracy theory that internally msft has such a memo (yes, beyond what is publicly disclosed) going to all managers saying they must adopt copilot, whatever copilot means.
Given all the videos I've seen on YouTube of bridge and building collapses in China, I think you're glossing over all their shortcomings. Maybe they do have a tight regulatory loop - I don't know - but their aggressive timelines and poor materials seem to have bitten them in the butt a number of times.
During Covid, my business slowed way down, and I took a part time job at a gas station convenience store (because selling cigarettes made be essential). The store was in a suburb of Portland with an average household income in the top 10 of Oregon, but there were also a lot of trade workers, undocumented immigrants, and generally a good mix of income levels.
Some relevant observations:
- Lower income customers used cash much more than higher income.
- Men used cash way more than women, with the exception of retirement-age women buying their smokes / wine / beer.
- Undocumented workers almost always used cash. Most were paid in $100 bills on Fridays, so they were probably paid under the table.
- Phone tap-to-pay was almost exclusively iPhone. In fact, I don't think I ever saw an Android user pay by phone tap.
- A surprising number of people didn't realized they could just tap to pay instead of running the chip.
- If the till ran out of pennies for change, no one gave a shit.
> didn't realized they could just tap to pay instead of running the chip
The tap zone is often not clearly marked. Some places (e.g., Walmart) it doesn't work at all (yes, even using a card instead of a phone). If you pull the card out anyway, I find that I end up having to use the chip about one time in ten. If that were, say, three times in ten, I'd just stick to inserting the card in the chip reader. Those rarely seem to fail.
I only brought it up to customers who had tap symbols on their cards. The surprising part wasn't that they didn't realize that they could tap, it's that they didn't even know that the technology existed.
You must have some old cards, then. I don’t think any I’ve been issued in the past five years have a chip but don’t have tap-to-pay. (Gift cards are usually swipe-only, for cost reasons.)
They didn't speak English, and I speak a little Spanish. I got to know a lot of these guys, so I asked them. My boss immigrated from Mexico, and he explained the under-the-table pay setup. Many landscapers and contractors in the area pay workers under the table because a lot of them under report income to the IRS. Plus, my stepmom was illegal before my dad and her got married, so it's no big deal to me.
All I want from Google Workspace is a single-user email account tied to my domain name. Instead, I have an overly complex system where I need to grant my own phone permission to watch YouTube videos. It would be nice if they had a more basic version.
It's a phrase coined by Shakespeare in his play Cymbeline. As far as I know, it never had a basis in science but was a common belief.
During the Cold War, with the possibility of fighting in the USSR, the US Army conducted experiments with soldiers doing extended bivouacs outside in cold weather to see whether there was increased likelihood of sickness. They couldn't find any evidence that it did.
Let's not over-complicate the issue. It's 98F today where I live, and I'm sitting comfortably in my room, without any AC, because I have a big tree outside blocking the sunlight. Shade works wonders.
https://britneyspears.ac/lasers.htm