News for hackers. Stuff that matters.

wyatte

Re:A new kind of map: it’s about time on Wednesday September 20, 2017 @08:33PM (#15299623)
"By removing literal geography, we now have a map that more closely reflects the way we think about our environment: a cluster of restaurants “five minutes that way” versus “ten minutes the other.”

Oh my.... They just invented the 'list'. Or better yet a list that drives map interactions....oh my and an ordered list too! I could swear I did that like 10 years ago on google maps, but I guess it must have just been a dream.

Seriously, adding a fancy radius dial overlay doesn't really improve much over a plain old ordered list.

Re:Apple Watch Series 3 on Wednesday September 20, 2017 @11:06AM (#15294527)
> "When is the right time to ship a product? In particular, a hardware product? The answer, sometimes, is not when it’s done, but rather when it’s useful."

Or rather when it's able to steal the last remaining privacy mankind holds. I'm sorry, but for me the cellar capability is the final straw and I will never buy one. I truly feel sorry for our newer generations who will suffer the consequences of us letting these organizations take that privacy so freely without even a fight.

Re:To treat back pain, look to the brain not the spine on Saturday September 16, 2017 @07:13PM (#15267268)
> The majority of people don't want to be on pills.

Well I'm sure that even the addicts don't "want" to be on pills. The real question is how many people actually are unnecessarily addicted. Do you believe that most are not? If so how would you substantiate that? If you want I can start listing out anecdotal information that would support the opposite of what you are saying, but that would get us nowhere right?

Re:North Korea Launched Missile Over Japan Toward Pacific Ocean on Friday September 15, 2017 @02:26AM (#15255069)
What is it that makes you believe he is irrational? Just curious because I can come up with some pretty rational arguments for most of his actions.
Re:Chelsea Manning: The Dystopia We Signed Up For on Wednesday September 13, 2017 @08:49PM (#15244085)
I agree. I'm fairly sure I was put through the same if not more of a challenge than hers when I moved from one province to another.
Re:Bank of Canada increases overnight rate target to 1 per cent on Thursday September 07, 2017 @02:19AM (#15189509)
Well I'm not going to bother arguing the merits of supply demand curves altering pricing models. We can just agree to disagree.

I don't understand your comment on roles being reversed. I didn't realize I had a role in this and I don't know what possibility you're referring to or how it might relate. Maybe you can elaborate.

Re:Bank of Canada increases overnight rate target to 1 per cent on Wednesday September 06, 2017 @05:30PM (#15187284)
As I understand it, housing is out of control in Toronto and Vancouver which accounts for most of the averaged out increase in Canada's housing prices over the last 8 years. These out of control cities are experiencing the increases because of foreign purchasers pushing up the prices (they may only account for 5-10% of purchases, but that money has impacted all pricing through competition). And Canada is a great place for foreigners to have their money.

[edit: note that TO is in a short term downwards price adjustment due to the 15% foreigner tax put in recently, that will stabilize this year, but still over the last 8 years TO pricing has skyrocketted]

Even so housing across Canada has gotten more expensive. Through gentrification in these big cities, smaller cities have seen people move in causing some nominal increases too.

The result is that people all around are needing to allocate more and more money towards housing leaving them having to use credit cards and loans more. You can do a Google search on Canada household debt and there's no shortage of articles declaring record breaking household (non-mortgage) debt levels.

So yeah it's all one big problem, but it's the household debt that's going to kill them, not the mortgage debt. Foreigners will continue to invest in Canada even during a recession, because Canada will still be a good investment on a relative basis. Big cities like Vancouver and TO will hold their value as all big cities tend to even during recessions. Just look at how quickly NYC managed/recovered post 2009 compared to other US cities.

All this leads me to believe that people are in financial trouble due to household debt, though maybe it's semantics. For some when, mortgage renewals come about, does it really matter which?

Re:Bank of Canada increases overnight rate target to 1 per cent on Wednesday September 06, 2017 @04:03PM (#15186676)
Well "only reacting now" might be a stretch. A few years back they elimintated 40 year mortgages putting them back to 25 years and adjusted the loan requirements.

Canada isn't facing a housing bubble as much as they are facing a debt bubble. Most of the recent household debt that has been record breaking year after year has been with credit cards, autos and lines of credit.

Re:North Korea fires missile over Japan on Monday August 28, 2017 @10:12PM (#15121641)
The idea of NK dropping a nuke anywhere is just utter non-sense. It's obvious that all the threats, from both sides, are nothing more than sabre rattling and when you look at the actual actions of nations the US has done really terrible things, while NK has done very little, yet everyone seems to be OK with the US having thousands of nukes under the control of a psycho leader, but can't handle the idea of NK having some nukes to protect themselves.

What a load of malarkey.