gdurham

I mentioned this in another thread…I’m waiting for this to become the “company town” of tech. Employees make money, forced to spend it at the company store. Is Amazon in housing yet?

I’m waiting for this to become the “company town” of tech. Employees make money, forced to spend it at the company store. Is Amazon in housing yet?

On one hand I agree, on another, I worry about the amount of waste that this creates. We are trading pollution from other centralized energy sources for millions of homes with N solar panels which will have to possibly be removed and replaced in 5-7 years. It’s the same as the waste that is created by purchasing appliances these days that basically are unrepairable and thrown away and replaced.

Given a 7 year life, you are effectively creating 4x the waste as a quality system. Multiply that by millions of homes and I don’t see how the trade off is worth it.

The issue is that there is no incentive for banks to increase interest rates on accounts as they are already sitting on too much cash. Banks make money by lending money out, in times where banks are strapped for cash on hand, you will see interest rates increase. I don’t see this changing in the near future.