Yes, there are countless cases of it actually making sense to have a spare bedroom. But that's beside the point. My point was that for a lot of people it is a decision that they take instinctually, but does not really make sense.
For example: my parents have a truck, a van, and an SUV. Do they need all of those vehicles? No. Do they get used all the time? Yes: my parents are both avid gardeners, they generously lend their vehicles to those who happen to need a truck or a van for the day, and I have several younger siblings who occupy them the rest of the time.
And even if they didn't, I could well see my dad still owning a truck purely for the convenience of being able to drive to the local garden center and pick up a load of mulch on a whim - even if in practice that happened twice a year.
Emotions are strange things.
And for a lot of people it does. so what's your point. People will figure out what makes them feel good. They do not need help in this department
Perhaps you really do make use of a guest bedroom often enough it’s worth spending 10’s of thousands on. But isn’t the case everywhere. Perhaps you’re wasting money on excessive car insurance etc across a lifetime of choice it adds up to a massive drag.
In terms of EV’s people are spending more time driving to stations because they picture the once a year vacation driving taking 1 hour longer rather than the wasted 5 minutes 48 weeks a year which costs them 4.
In the end I’m just describing a common mistake, not suggesting you specifically should buy an EV or whatever.
Nope. I prefer to do what I want. And want is the criteria and hence optimal by definition. What others might think about it does not matter at all.
If you could accurately predict what would make you happy, and decide based on that, it would be optimal.
You don't.
My point is that there is a cognitive bias towards overweighting the allocation of resources toward low-frequency events.
As I pointed out upthread, low frequency is not the same as low probability.
It might not make sense to upfront allocate resources for a low probability event, but it certainly could make sense for a high probability event even if it was low frequency ... like a spare bedroom, or a dining room, or a car with good range.
The probability of using those things are 1 i.e. guaranteed.
My spare bedroom has a futon couch but I actually use the space for various other things most of the time. Most people may have space that’s underutilized much of the time but that doesn’t mean it’s sealed off until they have an overnight guest or a large dinner part. Things aren’t that binary.
When provisioning servers, do you average your throughput and get enough capacity for that average?
Of course not, that would be assinine. You need to be able to serve 24 hours a day, even - especially - during your edge cases. Follow your advice and explain to the CEO that since Black Friday is a "low frequency event," it's fine that your site was down during that one day.
A better argument is that you should choose things, including houses and cars, based on edge cases since that is where meaningful differentiation occurs. If I take one road trip each quarter and my car is unable to handle it, then I bought the wrong car.
- Up front planning
- A pub to exist nearby. While I as a presumably fellow Brit would not buy a house without being able to walk to multiple pubs, that is not the common case in the US where I actually live.
- The pub to have a room that it rents out. Again, not the common case even in London, let alone in the US.
- Your potential guests to be OK with being at a pub.
- Potentially childcare. If you have to have your party away from your house, you can't put your kids to bed and return to your guests, you have to go home. That part, if you will pardon my French, really fucking sucks.
Hosting your own party has a lot more planning. And don't discount the planning that went into obtaining your own party room in the first place.
> A pub to exist nearby. While I as a presumably fellow Brit would not buy a house without being able to walk to multiple pubs, that is not the common case in the US where I actually live.
Don't get hung up on the 'pub' part. It can be a restaurant, public park, street (block party), arcade, bowling alley, or whatever is fun and convenient for you.
It can even be another room in your house. Move some furniture around, put in some speakers, BAM, party room.
It really doesn't. I have a backstock of beer and wine and cheese and a subscription to Apple Music, I can literally do it with 15 minutes notice, and have had plenty of practice at doing so. Most of my neighbours are the same.
> a restaurant, public park, street (block party), arcade, bowling alley, or whatever is fun and convenient for you.
- Restaurants do not like large groups showing up without reservations, and the cost is wildly different.
- Drinking in public parks is not typically permitted, nor is street drinking.
- Arcades and bowling alleys are out in the burbs and require driving to.
What is fun and convenient for me is to have parties at my house, in the entertaining space space that does not require manual labour to reconfigure.
I don't care whether you like that or not - I'm not the one who was getting "kind of annoyed" by the preferences of others.
We’re all well aware now that you don’t give a shit about anyone but yourself and your fancy desires.
I bet you’re real fun at your awful house parties.
Twat.
Keep in mind this cost is compared to an extra or bigger room in your house. You can throw many restaurant parties for the money you'd spend on a larger house. (Invest the difference and the restaurant parties are effectively free)
I don't really understand what people are imagining here though - it's not like "entertaining space" is some gilded-age ballroom for most people making this choice, and the price difference matters if and only if there is an otherwise comparable house you can buy that meets your other constraints.
Also I don't think it always makes sense to get a smaller house. We got a smaller house and I kind of regret it now, since housing prices and mortgage rates have shot up so much it's now so much harder to upgrade (and the house we got was intended to be a starter home), and also we'd get so much more if we sold a larger house today than our house now.
For example, let's assume prices went up about 50% on average in the past five years for the sake of easy math (not too far from how much my home actually did go up after a reappraisal last year). Buy a house at $300k and it goes up 50% means you can sell it for $450k and make $150k out of it. But buy a $500k home and it goes up 50%, means you can sell it at $750k and made $250k out of it. Granted you're making higher payments that whole time as well but not as much as it went up.
That math doesn't make as much sense now, with prices starting to dip a bit and high mortgage rates muting demand somewhat, however.
You are also discounting the costs you have already sunk into throwing your own parties ("I have a backstock of beer and wine and cheese and a subscription to Apple Music, I can literally do it with 15 minutes notice, and have had plenty of practice at doing so.")
> What is fun and convenient for me is to have parties at my house, in the entertaining space space that does not require manual labour to reconfigure.
Good, I'm happy that you know what you want and are pleased. But I didn't say it was impossible to derive value from that.
> "kind of annoyed" by the preferences of others.
More frustrated with the way some people try to fulfill those preferences, and that every time I bring it up people get so defensive.
I also think you underestimate how often many people (especially in more social cultures) socialise. It could be literally 100's of times per year.
I'm not going to go to the room you rented at a local business, bring a six pack of interesting beers to try together, bring my baby that my friends have been so excited to meet and play with, etc. My friends who like weed aren't going to show up. Not to mention holidays, the hardest time to rent public spaces and the most likely time for friends to gather...
Sure. “Hi, I know it’s closing time, but can I rent your party space for my friends and I to drink our own alcohol in starting in 15 minutes time” is not exactly the kind of call a landlord would be particularly receptive to.
I think we’re done here.
The party you're describing doesn't sound like it needs a dining room.
My point is, climate change is an extremely big threat that we simply don't have much room for these affordances. 2024 is the year to make personal sacrifices to switch to EVs because that's how urgent the situation is.
There are far better targets to reducing the amount of oil and gas burned, ones that are more uniform and less varied them peoples lives not to mention moving people to transit and commuter rail is better then evs anyways
¹ https://www.npr.org/2020/09/11/897692090/how-big-oil-misled-...
And don't get hung up on this example. There are endless examples of the same sort and that pose the exact same conundrum.