True, for your dumb-head this is one side argument ! You do not understand my point even with bold high-lighted, as usual, that is the issue => Every country has their own experts/independence from others. They are not parasite or similar kind !
This is a big subject on its own which I do not want prolong any more.
Indians do not prefer to go here => Korea/China/Japan/French/German/Russian for simple reason => Both are democracy, equal rights given to common people. They prefer UK/USA as British ruled the country (lot of tie-ups) and English is also official language of India.
(this comment is for @HK2 but riding off the thread)
btw did you know India was the richest and largest economy in the world at one time. Then the darn British happened. Go read about the famines in India which killed more then anywhere else in the world caused by the British.
Hi folks, I apologize for using the parasite term and starting this heated debate. I did not at all mean to use it in a derogatory manner. What I meant from the term was the people who thrive on back of others but not by themselves (for whatever reason or excuse). For example, India is a 3rd world backward country but the same Indians thrive here. Indians cannot build any good software in India and the same ones do okay help building here.
My point was that it is because some people are great at riding on foundations built by others (whites in this case) but by themselves are incapable of doing the original work and building the foundations. And very often they do even better than the hosts, riding on their successes. And its okay.
Your premise is somehow the foundational piece is more important than the applications built on top of the foundational platform. Wrong. There have been many examples where foundational technologies meant jackshit. In business world (and ergo the real reason for flourishing economy & rising home prices), product drives the money, not the technology. There are so many examples:
Don Knuth has literally thousands of students who never understood TAOCP but doing financially better at Google, Facebook, etc.
Jeff Dean would not have been as successful & well known if he still worked at DEC.
What did John Carmack do in the last 20 years, and how did that affect the SV economy?
Facebook, Instagram, WhatsApp, AirBnB never had technological genius before they became successful. They got there by market research and product iteration typical of SV.
Quora is still not profitable enough to warrant D’Angelo’s tenure there.
Do we not need 100x engineers? Sure we do, but typically a handful of them are sufficient to kickstart an industry, and the rest of the way to success just needs reasonably smart people across disciplines (tech, design, product). And US doesn’t have enough of those workers, so the entire industry is instead relying on foreign workers. If you look objectively at tech industry alone, the rest of US is feeding off of the 80k H1B workers, so your host/parasite analogy (albeit extremely bad taste) is actually the other way around.
Oh, and any bleeding edge tech these luminaries build typically become extremely cheap in < 10 yrs since all tech becomes democratized. That explains why a lot of these 100x engineers become irrelevant after their rosy days.
Simply, if you are an expert in US software side, go to India and try to build a good software (cheap labor almost 1/50th of price you pay here, exceptional quality people you can get it) in one/two years and market it, you will everything “why they can not build a software…”
It is hard for you to understand the details. Moreover waste of time discussing those details.
Its a Perception that will grow with time . If India cannot compete with East Asia but they are good to run US big multinationals with far less job creation relative to market cap than questions will be raised.
The one on 25th st in Noe Valley is interesting but it’s a condo. The other two are near/in Sunset which is kinda far from work. Noe/Mission are super popular with the tech crowd. That’s why I found the one I posted so interesting. It’s close to the area with lots of hip shops and restaurants. You can tell by the yellow overlay in Redfin’s google map. There’s a lot of foot traffic in that part of Mission.
40% lower rent, higher maintenance cost and growing taxes can actually mean 100+% lower net income (I.e. bleeding cash). Simple math would imply very steep drop in prices. Loss making property with losses growing with time actually has zero value from investment perspective. Clearly holders of these are deniers hell bent on losing their pants with shirt.
If these property has zero value, how would you expect them to sell? Sell at a price that make sense to @Boolean ? In that case, won’t it make sense to hold?
Houston’s move to Austin would put him in good company — the city has become home to several Silicon Valley expats: Douglas Merritt, the CEO of software company Splunk, is also moving to Austin, The Information reported. Joe Lonsdale, the cofounder of Palantir who currently runs venture capital firm 8VC, already lives in Austin with his family and confirmed earlier this month that he is moving his firm there as well.
Take note They are likely to stay in West Lake Hills. Their employees would likely be buying houses in NW Austin/ suburbs where I have rentals. Price appreciation
They are likely to stay in West Lake Hills. Their employees would likely be buying houses in NW Austin/ suburbs where I have rentals. Price appreciation 