yeah i experienced this the other day when asking claude code to build an http proxy using an afsk modem software to communicate over the computers sound card. it had an absolute fit tuning the system and would loop for hours trying and doubling back. eventually after some change in prompt direction to think more deeply and test more comprehensively it figured it out. i certainly had no idea how to build a afsk modem.
If the test is taken on personal laptops it's almost impossible to stop cheating. You can easily take video capture and send it out via 5g modem on a completely separate computer hidden inside of the laptop. Then you can receive answers back in very discreet ways like nearly imperceptible LEDs.
Same reason DRM-data rights management or DLP-data loss protection technologies are rather pointless against determined attackers. Anything that is permitted to be viewed can be copied.
1-3 is too short but they aren’t making new A100s, theres 8 in a server and when one goes bad what do you do? you wont be able to renew a support contract. if you wanna diy you eventually you have to start consolidating pick and pulls. maybe the vendors will buy them back from people who want to upgrade and resell them. this is the issue we are seeing with A100s and we are trying to see what our vendor will offer for support.
they have very strict AML controls as well. For example if you regularly withdraw a few thousand in cash to pay contractors for a house project they may close your account.
I bought an EV. it's fun to drive and it's affordable to recharge. However, I wouldn't buy another anytime soon. The depreciation is horrible. They are basically destined for a landfill once they no longer work. I can go to a junk yard and pull an engine for my Toyota tomorrow if I need to.
Massive depreciation means cheap used EVs. I don't see the issue.
Luxury ICE vehicles also depreciate rapidly, and yet they're quite popular. Plus EVs are likely to have longer usable lifetimes -- though with different issues -- than gas cars.
Luxury vehicles I've never understood, especially the non Lexus variety. so don't expect me to explain that.
Due to all the people in my fmaily I have 4 cars so I wouldn't go from 1 EV to 2. If the current EV gets destroyed I do think that used EVs are the right way to go and would buy a used one for sure.
They do still feel like throwaway cars. I'm not sure how you can argue they will have a longer lifetime. If the battery dies surely no one is replacing that at cost? It's more than the car is worth. At least with an ICE each part can be replaced in your driveway with a few hundred in tools and the part probably exists locally used or new.
Have you ever heard, "You get what you pay for?" If used EVs were worth a damn, they would drive down the prices of petrol vehicles too.
>Plus EVs are likely to have longer usable lifetimes -- though with different issues -- than gas cars.
You need to do some basic research, friend. EV batteries are not designed to be replaced at any sane price. They are built even more crappy than late model petrol vehicles. EVs depreciate rapidly because their useful life is short and problems are many. A 10 year old Honda Civic with a gas engine likely has another 10 or 20 years of life left.
An EV probably has a max life of about 15 years without a MAJOR overhaul which is likely not even doable for less than the price of a new EV, if you can even find someone willing to do it. Battery integrity is very hard to determine from sensors and external examination. If a cell has been damaged, it can start an inextinguishable fire which could take out a whole garage. These factors further hurt the resale value.
EVs were popular before petrol engines were perfected. But those EVs had swappable and relatively stable batteries and the cars did not have to conform to modern standards for acceleration, crash safety, and range.
just makes the prices higher... you qualify for a house based on ratio of income to payment. so the demand is heavily influenced by the type of financing available..
Other than natural demand, Australia has a high real estate market due to the tax and a superannuation/pension distortions. Should try to fix those first. (probably impossible)
And as I pointed out in a sibling comment, it can lock you into your house if interest rates go up. We can’t afford to sell our house because the extra interest costs would increase our monthly payment by 50% even if the house cost the exact same as our current one.
I still don't understand how this means you "can't afford to sell your house." It just means you can't afford to buy another house at the same price as the one you have now. That's a different problem, and one that doesn't actually have anything to do with the interest rate on your existing mortgage. You can't afford to buy a house today at the same price that you could on the date you closed on your current house, but that's true regardless of the interest rate on the current house.
Let's put a number on it. Since the article uses $400k as a reference point, let's use that. You could afford to buy a $400k house back when you bought your current house. You cannot afford to buy a $400k house today. That would be true whether or not you had purchased your current house, and regardless of the interest rate on its mortgage if you had.
You only "can't afford to sell your house" if you're underwater on the mortgage and can't come up with the money to sell it.
We feel trapped because we would have to massively downgrade to move. Obviously, we COULD do that, but we don't want to.
You are right, we also couldn't afford to buy our current house if we currently didn't own a home, either. I am arguing that the fixed thirty year mortgages artificially drives up prices, which means that you are stuck and can't move whenever interest rates are high.
If we didn't have the fixed thirty year mortgages, housing prices would have never gotten so high, and buying and selling houses would be a lot easier, and people could move to where they want to be much easier.
Fixed-rate 30-year mortgages have been around for generations now. They're long since priced into the market.
Whether any specific person actually thinks through whether spending as much money as the bank will lend is prudent, instead of buying a house they can actually afford, saving the money, and upgrading later, is a different question. But it's not fair to blame the mortgage itself.
it's too expensive to move with closing costs and realtor fees :( It's almost always better to buy the most expensive house you can if you you still have a way to increase your earning potential in your career. if you could move without a 6% fee and $xx,xxx financial fees it would definitely be better for everyone overall except the industries who have inserted themselves into these transactions
In the vast majority of U.S. markets, it's almost always better to buy--or even rent--the cheapest house that meets your space and safety needs and invest the rest in index funds.
Anyone who ends up with their primary residence as their "biggest investment" has been a piss poor investor.
You are locked in because currently you have a great deal that you don't want to lose. If you were in Australia, you would already be paying that higher interest rate for your current house. I don't see how that's a downside.
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