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Bar Ran Dun posted:Holy lol What's the difference between waive and cancel?
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Jul 1, 2023 04:21
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Charlz Guybon posted:What's the difference between waive and cancel? youre picking the wrong word, Roberts' position is that they can waive SPECIFIC terms but not cancel the whole drat thing
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Jul 1, 2023 04:31
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Jaxyon posted:I for one am shocked that the unelected law priests have dropped a bunch of horrible decisions on the Friday before a holiday weekend. I e been saying it for years and I'm going to keep saying it: we should not still have a Supreme Court, it's just a monarchy but dumber and somehow even more terrible.
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Jul 1, 2023 04:41
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Angry_Ed posted:Sounds like something that could easily be taken over by enterprising socialists/progressives then, tbh. That happened in Nevada and the establishment Dems literally ran off with all the money and established a government-in-exile while claiming loony socialists were ruining everything.
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Jul 1, 2023 06:18
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Ghost Leviathan posted:That happened in Nevada and the establishment Dems literally ran off with all the money and established a government-in-exile while claiming loony socialists were ruining everything. How'd that go, anyway? I'm not in Nevada but the outcome of organizing to take over a state party is very relevant to my interests - and if it went well or even okay against the Formerly-Reid Machine that'd be nice. fake e: looks like progressives in https://www.politico.com/news/2023/02/25/bernie-world-nevada-democratic-party-00084426 https://www.thenation.com/article/politics/nevada-democratic-party/ It's unclear to me how much is sabotage by the centrists schisming  and how much is strategic or organizational failure by the progs/leftists.
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Jul 1, 2023 06:24
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Charlz Guybon posted:What's the difference between waive and cancel? The original writer's intent as seen through the opinions of a conservative bootlick.
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Jul 1, 2023 07:35
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raverrn posted:The original writer's intent as seen through the opinions of a conservative bootlick. Yeah, this is absolutely the point where  is used as a weapon stabbed straight into the heart of something liberals are trying to do.
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Jul 1, 2023 08:24
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That's not decorum that just how courts work.
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Jul 1, 2023 09:21
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No that's just how fascism works. Using the pretense of believing in civic society in order to dismantle it is what they do best.
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Jul 1, 2023 16:55
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Google Jeb Bush posted:How'd that go, anyway? I'm not in Nevada but the outcome of organizing to take over a state party is very relevant to my interests - and if it went well or even okay against the Formerly-Reid Machine that'd be nice. I know Jon Ralston of the Nevada Independent had a pretty snarky take on the work the progressives in Nevada were doing for the 2022 midterms versus what the more old-guard, union-affiliated operators were doing. I think it would have been a squeaker for Masto regardless, but Ralston thought the union ground game was what got her over the line.
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Jul 1, 2023 17:15
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Charlz Guybon posted:What's the difference between waive and cancel? If you want to know the majority's reasoning, the entire Supreme Court opinion is publicly available and easy to Google. The important word there is "terms". It's the power to waive individual statutory terms and conditions and provisions of the loan, not the power to waive the loan itself. For example, the power to loosen the conditions of PSLF by waiving some of the requirements for it. The administration contended that they could just use that power over and over again until there was nothing left of the original legal basis for the loan, and then use a related "substitution" power (meant to fill in any holes left by whatever was waived) to fill in those blanks with whatever the gently caress they wanted. While it's not an entirely implausible reading of the given powers, it's certainly an extremely broad and expansive interpretation of them, and given that this Court has generally been hostile to broad and expansive interpretations of executive power...
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Jul 1, 2023 17:29
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"waive or modify loan terms" Does this mean the loans could be changed to be interest free 100 year loans? My grandfather was allowed to keep his service weapon after WW2, but the story goes that there was a rule the government couldn't gift soldiers the guns, so instead they gave them 99 year leases for $1.
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Jul 1, 2023 18:29
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Wayne Knight posted:"waive or modify loan terms" To be more precise, the power isn't the ability to modify the loans themselves, it's the ability to modify the existing rules for how loans are to be handled. As the dissent puts it: quote:The Secretary’s authority was bounded: So technically, it's not that the administration modified the loans themselves. They changed the rules governing the loans from "to get forgiveness, you have to do public service for 20 years while making all your payments and stuff" to add "if you have a loan, this amount of it is automatically forgiven". The majority's stance is that even though the text of the law doesn't place any hard limits on it, it would be dumb for this "waive or modify" power to be totally unlimited. They say that "modify" doesn't usually imply a total blank check to rewrite the entire law, and that using the "waive" power and then filling in the blanks is subject to the same limits as the "modify" power. So the administration still has the "waive or modify" power, they just can't go too far with it (and the Court decides how far is too far).
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Jul 1, 2023 18:53
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So let's say student loans are forgiven, what about the next group of kids going to college? What's the real solution for non-exploitive college?
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Jul 2, 2023 04:07
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Gatts posted:So let's say student loans are forgiven, what about the next group of kids going to college? What's the real solution for non-exploitive college? A massive, scalar, continuous return to public funding of education, with associated regulations.
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Jul 2, 2023 04:10
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Gatts posted:So let's say student loans are forgiven, what about the next group of kids going to college? What's the real solution for non-exploitive college? Well what the administration is doing is introducing a new income-based repayment plan, which vastly decreases the amount that borrowers have to pay per month, and cancels the rest of the loan after 20 years if you haven't payed it off by then.
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Jul 2, 2023 04:39
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Gatts posted:So let's say student loans are forgiven, what about the next group of kids going to college? What's the real solution for non-exploitive college? He's trying to revive his free community college plan again: https://www.forbes.com/sites/michae...sh=61026e023ce8
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Jul 2, 2023 04:44
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Gatts posted:So let's say student loans are forgiven, what about the next group of kids going to college? What's the real solution for non-exploitive college? Yearly PPP loans
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Jul 2, 2023 04:59
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short answer: long answer: to get all those students and their sweet sweet tuition money you need all sorts of bells and whistles like state-of-the-art classrooms, sweet dorms, and labs full of gaming rigs for students to come in and blow off steam playing video games, and if congress isn't funding the schools there's really only one other place that money can come from Craig K fucked around with this message at 07:08 on Jul 2, 2023 |
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Jul 2, 2023 07:06
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I'm reminded of how community colleges are apparently dying off because the whole education-industrial complex expanded so far as to suck in the entire millennial generation. The real answer is that like housing, education cannot and should not be a for-profit business, and allowing it to be causes incredible damage to the foundations of society and a nation's basic functionality.
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Jul 2, 2023 09:27
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lots of things should not be for profit but the numbers must go up
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Jul 2, 2023 09:37
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I still think it's weird we have this tradition/market equation where houses generally gain value as they age unless something drastic (fire, natural disasters entire neighborhood is condemned, etc.) happens. Nearly a century year old house with original wiring, plumbing, and heat-leaking single pane windows (All slightly different sizes so you can't replace them with modern windows without doing a full remodel which will involve paying for replacing the asbestos siding)? Yeah that's 6-7 figures just for the lot itself. It's also literally my parent's house they got for cheap in the 80's and the home I grew up in.
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Jul 2, 2023 11:18
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My grandparwnts bought a two bedroom house in the 1940s. Now, he *did* make some improvements ( help build two bedroom in the attic, added a den and a porch ) but that home is now worth $750,000+. It's fairly digusting that a home he was able to pay for with a factory job is now so wildly expensive that I couldn't possiblely afford it with my *own* factory job. ( My uncle had to deal with the asbetos shingle situation himself on his parents/grandparents home, and it sucked. )
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Jul 2, 2023 11:45
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Houses without renovations actually tend to depreciate relative to inflation, but in most cases the land appreciates much much faster. In my old neighborhood the original 50s houses were actually worth negative money. Every one that would come up for sale would get snapped up by a spec builder and step one for them was always demolishing the original house. Since the demolition companies were in high demand and backed up by a month or two you could get significantly more for an empty ready to build lot than an equivalent lot with an original house on it.
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Jul 2, 2023 12:20
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A problem when you have a combination of rapid population growth and complete disinterest from anyone with actual power in building remotely adequate housing for them to live in, and a culture that's phased out multi-generation homes so you end up with parents living with kids in cramped homes visiting grandparents living alone in their 5-bedroom suburban houses.
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Jul 2, 2023 12:34
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Yup, it baffles me that people don't realize that their property values going up means their kids' generation gets far worse deal on housing.
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Jul 2, 2023 13:27
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I'm far from an expert, but a good comparison might be Japan, where older buildings are basically considered worthless due to completely different cultural factors around housing. It comes with its own set up problems - namely there isn't any incentive for people to put money into fixing or renovating existing buildings so they just get completely rundown and have to be demolished after like 30 years and there's now a ton of these properties that are basically free on the market but incredibly costly to repair that nobody wants. I'm sure someone with more background than me could do a really interesting analysis of the tradeoffs.
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Jul 2, 2023 14:31
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Alkydere posted:I still think it's weird we have this tradition/market equation where houses generally gain value as they age unless something drastic (fire, natural disasters entire neighborhood is condemned, etc.) happens. Nearly a century year old house with original wiring, plumbing, and heat-leaking single pane windows (All slightly different sizes so you can't replace them with modern windows without doing a full remodel which will involve paying for replacing the asbestos siding)? Yeah that's 6-7 figures just for the lot itself. This is a common misconception. You see it a lot when people post links to a literal burned out husk of home selling for $1M in California. It’s not the structure people are paying top dollar for - it’s the land. The value of the structure does depreciate. It’s the land that gets more valuable over time. The problem is that in many cases (ie urban areas with high paying jobs) the land can appreciate by 200-300% in a relatively short timeframe due to limited supply and surging demand, while the structure will only depreciate 20-30% in the same time period.
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Jul 2, 2023 14:32
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KillHour posted:I'm far from an expert, but a good comparison might be Japan, where older buildings are basically considered worthless due to completely different cultural factors around housing. It comes with its own set up problems - namely there isn't any incentive for people to put money into fixing or renovating existing buildings so they just get completely rundown and have to be demolished after like 30 years and there's now a ton of these properties that are basically free on the market but incredibly costly to repair that nobody wants. I'm sure someone with more background than me could do a really interesting analysis of the tradeoffs. The obvious downside here is that it’s incredibly wasteful from a resource and labor perspective to keep demolishing and rebuilding homes. Properly built and maintained structures can last centuries.
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Jul 2, 2023 14:41
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Seph posted:The obvious downside here is that it’s incredibly wasteful from a resource and labor perspective to keep demolishing and rebuilding homes. Properly built and maintained structures can last centuries. I would question whether production rates would keep up with demand (or come even close) if developers/builders focused on building structures designed for that lifespan. I don't know the answer to that question.
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Jul 2, 2023 14:53
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OddObserver posted:Yup, it baffles me that people don't realize that their property values going up means their kids' generation gets far worse deal on housing. TBH, it’s hard to blame people for being short sighted when it comes to long term housing affordability issues. No one likes planning for the long term future, it’s easier to focus on the near term. Hell, an easy example of us doing the same thing is the resurgence of rent control. Our current generations are pushing hard for these laws that will benefit some current renters. But future generations will be cursing us for pushing these policies that either make it even harder for them to find a place to rent or pay an even higher premium for needing to rent in the unregulated market Kalit fucked around with this message at 15:10 on Jul 2, 2023 |
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Jul 2, 2023 14:56
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I've always rented and I've been tracking my rent for a long time. From Fall 2000 to the most recent increase this month it's gone up 101%. Is that in line with the cost of living changes over that length of time?
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Jul 2, 2023 14:59
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Seph posted:This is a common misconception. You see it a lot when people post links to a literal burned out husk of home selling for $1M in California. It’s not the structure people are paying top dollar for - it’s the land. My brother always says "they ain't making more land."
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Jul 2, 2023 15:10
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Dick Trauma posted:I've always rented and I've been tracking my rent for a long time. From Fall 2000 to the most recent increase this month it's gone up 101%. Is that in line with the cost of living changes over that length of time? Probably not? Regardless, of course the rental market is terrible even without rent control and us not doing things that will actually help long term affordability, like having more government owned housing. My point is long term affordability/accessibility will get even more exacerbated with rent control laws for those who are not in the rental market yet. Which, similar to the post I replied to, has people focusing only on the current generation at the expense of future generations Kalit fucked around with this message at 15:37 on Jul 2, 2023 |
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Jul 2, 2023 15:17
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Shooting Blanks posted:I would question whether production rates would keep up with demand (or come even close) if developers/builders focused on building structures designed for that lifespan. I don't know the answer to that question. It's not five times as hard to build something that can last five times as long. It's not even twice as hard. If you're already spending all the time and money to build a structure, the additional effort / cost to make it last a long time is marginal compared to the value you get from a significantly increased lifespan. Japan didn't build a bunch of crappy buildings on purpose because it made economic sense to do so. They did it because they were forced to build quickly and cheaply after many of their urban centers got bombed to oblivion in the second world war. Further, this "scrap and build" practice continued throughout the second half of the 20th century due continually updating earthquake codes that rendered old buildings non-compliant. It's really more a quirk of history that Japan does things this way, rather than some optimized economic model.
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Jul 2, 2023 15:17
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Beastie posted:My brother always says "they ain't making more land." Well, they are, but it's mostly small islands that you probably can't build a house on.
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Jul 2, 2023 15:18
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Dick Trauma posted:I've always rented and I've been tracking my rent for a long time. From Fall 2000 to the most recent increase this month it's gone up 101%. Is that in line with the cost of living changes over that length of time? That's really good - inflation has increased by about 75% in the same timeframe. So you are only paying about 15% more (= (1+1.01) / (1+ 0.75) - 1) in real dollar terms. You must not live in a coastal urban area though. Rents in high COL cities like NYC, SF, LA, Boston, etc. have overall gone up 300-500% in the same timeframe. In heavily gentrified areas you can have situations where the rent has gone up over 1000% in the last two decades.
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Jul 2, 2023 15:27
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Seph posted:The obvious downside here is that it’s incredibly wasteful from a resource and labor perspective to keep demolishing and rebuilding homes. Properly built and maintained structures can last centuries. On the other hand, you have a poo poo ton of old historical homes all over Europe that were built for/during a time when it snowed every year and the warmest time of the year was like 30 degrees for a day or two at most. Houses that were built to keep heat in and built with materials that render Wi-Fi and cellphone signals spotty and weak. With poo poo plumbing and poo poo electrical connectivity and so on and so on, and you can’t do any work on the buildings because of its historical designation. Now in those places they are having yearly heat waves of 35 degrees for weeks at a time, multiple times a month/year, it no longer snows and the thick walls are keeping all the heat inside turning it into a sauna for the entire summer. More and more people are turning to lovely wasteful individual airco units to make the days livable instead of I presume more efficient centralized air. Etc etc.
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Jul 2, 2023 15:35
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Boris Galerkin posted:On the other hand, you have a poo poo ton of old historical homes all over Europe that were built for/during a time when it snowed every year and the warmest time of the year was like 30 degrees for a day or two at most. Houses that were built to keep heat in and built with materials that render Wi-Fi and cellphone signals spotty and weak. With poo poo plumbing and poo poo electrical connectivity and so on and so on, and you can’t do any work on the buildings because of its historical designation. Having to retrofit old buildings after a couple hundred years to add in AC / electrical / etc is an order of magnitude less wasteful than if they have been continually scrapped and rebuilt over the same timeframe.
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Jul 2, 2023 15:38
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Acebuckeye13 posted:Well what the administration is doing is introducing a new income-based repayment plan, which vastly decreases the amount that borrowers have to pay per month, and cancels the rest of the loan after 20 years if you haven't payed it off by then. So does that mean you have to be on an IBR for 20 years to get the loan cancelled?
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Jul 2, 2023 15:56
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