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Comment Re:Two questions (Score 1) 49

"Did Craigslist Really Kill the Newspaper Industry?"..."Did Craigslist drive the downfall of print classifieds?"

Those are actually two very different questions, and should not be grouped together (unless it can be shown that one caused the other).

"How did you go bankrupt?" Bill asked.
"Two ways," Mike said. "Gradually and then suddenly."
--The Sun Also Rises

On the one hand, newspaper circulation growth was not keeping up with population growth. Personally, I blame the decline in public education since the 1970's. On the other hand, Craigslist definitely drove the downfall of print classifieds. And print classifieds were *the* money maker for newspapers. The ads and ad inserts were a smaller part of the income.

So if you take away the major source of income of a business that is already having problems, what happens to that business? Cost cutting? That happened. Sold off to another sucker (consolidation)? That happened. This is the gradually failing part.

Next you have a hollowed out product that literate consumers think is overpriced cage-liner. Who then search for substitutes. This is the suddenly failing part.

So we can't put all the blame on Craigslist, but it certainly played the biggest part in the decline of American newspapers.

Comment Re:self driving cars that drive like an old grandm (Score 1) 29

That stereotype was created 40+ years ago. When grandma was a young woman, first learning to drive, most of the roads were dirt or gravel. Most grandmas today grew up with paved roads and limited access highways. I suppose there are some grandmas who come from places like NYC, and now retired to a southern state, are driving for the first time in their lives.

Comment Re:Three times? (Score 1) 81

Of course scientists are stunned. Stunning results bring research funding. Boring confirmations of what theories predicted, that's more difficult to justify

TFS: "... suppressing the metal's natural tendency to expand when heated."

I'm guessing the "3x" prediction depends on researchers *not* doing the above.

Comment Re:Investment Properties (Score 1) 46

First Problem: Interest rates and equity ratios (20% officially, 0% in some places) are too damn low. Ignorant economists think that by lowering these, it makes housing more affordable. It's the opposite. It attracts speculators, who bid up prices. The result is over-inflated housing prices which increases ad valorem taxes (almost universal for residential property), which enriches local government.

San Francisco wealthy sit on empty buildings because they dont want to deal with tenants rights.

#Then there is AirBnB a nice idea gone horribly wrong. 60,000,000 housing units are rentals, denying others from owning property.

Second Problem: Lots of landowners willing to rent, without egregious tenant privileges. They aren't rights. Every American has rights. These are privileges that allow tenants to stay without paying rent. In California it might be the law, but in other states it is the local courts, who have a self interest (regardless of the law) in being able to link a person to an address (evicting someone who has a place to go is significantly easier). Renting as a hotel/bed-and-breakfast (which has *different* laws) allows these landowners to avoid the problem.

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