Reddit refuge

  • 0 Posts
  • 23 Comments
Joined 2 years ago
cake
Cake day: June 16th, 2023

help-circle
  • I mentioned increased density as a reason why landowners may choose vacation rental over housing. The total habitable building supply can’t increase and it becomes more profitable to be a hotel than an apartment building.

    I feel a problem for Europe is that most of their tourism centers are centered in old cultural centers. For instance, Amsterdam became a major party city in its historic downtown. In contrast, American cities like Miami and Las Vegas were built from scratch to serve that function.


  • Out of curiosity, are holiday rentals the major issue?

    They can be, especially in Europe where a lot of the hotspots for tourism are in our near the historic cores of cities. It gets made worse as historic ordinances limit construction of taller buildings which could accommodate increased tourism or there is rent control for housing but no equivalent limit for hotel stays.

    Overtourism is a documented problem which can drastically change the character of a place.



  • Yeah, I wouldn’t consider this a sign of recession. Instead, it is the confluence of various structural changes in the industry.

    1. Because the industry was forced to work in a distributed manner, it has removed the location premium in a lot of salaries. Companies are firing high cost of living areas and hiring in lower cost of living areas.

    2. Outside of cost of living, total supply for developers has increased significantly.

    3. The return on investment for software development has either dropped or are starting to be included in more decisions. This is leading to development budgets getting slashed.
















  • I feel like part of the problem is that management wants staff that can do a wide range of tasks when it ends up creating a staff that can’t specialize in a small group of tasks.

    I’ve seen plenty of times where people can operate well as a cog on a big machine, but fall apart when they have to work in roles that require a variety of skillsets. Larger engineering companies can typically create enough work for people to specialize in smaller tasks than smaller engineering companies.