zlatiah

ELI5 about the Chinese real estate market in general? This is how they got to where they are today:

• Investing in China sucks. The stock market is extremely volatile and there seem to be a lot of shady activities, banks get bank runs so you couldn’t even put too much money in banks, etc
• In contrast, real estate is heavily subsidized by China’s state capitalistic approach, so it became a really “stable” investment… because government subsidized it
• Because of this, everyone buys or want to buy real estate in China. In fact, people are willing to buy places that would almost never be lived in, because of possibility of appreciation… so we’re approaching NFT-level bullshit here
• Additional point: because of the above point, Chinese investors would buy real estate even when abroad & the RE market is not nearly as favorable. Obviously this causes some frictions… like a good chunk of Canadian citizen blaming Chinese ppl on raising home prices
• Chinese economy is now facing hardship, so the real estate bubble is finally showing signs of leakage in the past few years

I am not an economist and cannot offer insight as to whether this would turn into an 2008 moment… Nevertheless, I am aware that Soho is an extremely well-known developer, and that the Chinese economy is to a large extent built on top of real estate. And despite how much I dislike China, it is one of the world’s largest economies, and large economies don’t just go belly-up without inflicting heavy damage on the whole world… So this is not good news by any means.

For god’s sake temperatures above 40 Celsius are dangerous and claims like this will literally kill some people… But again, after everything happening in the last 3-4 years it’s hard to imagine conservatives putting other folks’ health and safety as a priority

Daily drive Gnentoo, not sure if I could ever wholeheartedly recommend it since it’s not really accessible for beginners…

If I need a VM I’d probably spin up an Arch or Alpine since they are relatively minimal & are not that difficult to set up once you’re familiar with stuff (well Arch is one-command setup now). For servers… pretty much Debian always since that’s what everyone supports

Stability-wise… I guess it depends on what type of “stability” I want? If I meant stability by having stable programming environments then it’s not compatible with having new updates, Debian probably would be best for that. If I meant stability by the system not breaking too often, then most rolling release distros are probably fine? Arch/Gentoo have a lot more room for user error which is probably where most of the instability comes from, but otherwise they typically don’t have too many issues I believe. Fedora is great but there’s been some issue with RHEL going close-source, so I guess some ppl won’t want to support that endeavor

Yes and yes! Couldn’t contribute that much but I try to

I think having a highly important FOSS project that is not controlled by a company known for shutting down many of its beloved products (I’m talking about you Google) is pretty nice…

Also I think map quality is location-dependent. I live in a large metropolitan area in Southern US; OSM is usable, but there are no house/building numbers, and a good number of businesses are missing. In contrast I think the map is a lot better in Chicago which is a lot more pedestrian-friendly? Also, when I looked at Germany it seems OSM is on-par or better than Google Maps… in fact one of the larger rental websites use OSM instead of Google Maps (imagine Zillow doing it in US lol)