Without these incentives housing supply would be even lower. The incentives are designed to encourage the creation of additional housing units. Without liquidity in the space new housing creation would stagnate.
Electric cars are still far too small for taller than average families to drive. Until there's a viable SUV alternative for 4 6ft+ adults to fit comfortably I don't think electric will take off in the US.
How can you build social trust when there is no commonality with your neighbor? Without some commonality of principles how can I trust that any social contract would be recognized or understood. How do people flourish in that environment?
Some of my teams were fully remote about eight weeks in 2020, while others have been remote the entire time. I don't believe in full RTO, just hybrid.
1. The last few years have demonstrated that projects with teams that are primarily remote require a higher degree of project overhead staffing. I think this is most evident with very small teams. For example, it's fairly easy for a small internal tool team to coordinate their work without a project manager, design, or business analyst if they are in close phyiscal proximity. The struggle is when you distance that team from larger products/project. Even in the minimal case creating visibility for that small team into larger workstreams requires overhead itself. With the macro environment and with leaders being forced to tighten the belt, this is less and less possible. All communication has to be structured fully remotely. That structure requires management.
2. I've found about 20% of people have the ability to maintain a professional work environment at home. I'm constantly seeing in meetings where highly compensated employees are providing childcare during working hours. I'm all for flexibility, but it becomes a distraction.
3.Junior employees have little to no ability to develop skills from seniors. I have hired entire classes of employees in software engineering roles that started in a fully remote environment, realized they weren't learning anything, and then came to work in a hybrid setting.
I have first hand experience interviewing developers via Zoom who are trying to mime the audio from a speakerphone on their end with someone answering questions.
I think companies have had to lower expectations for new hires over the last several years. These companies now see an opportunity with a slight market correction to freeze hiring to deal with the lower performers and possibly replace.
Rocket, like other mortgage firms staffed up the last 3 years on processing roles. Those are the first positions you're seeing let go with refinance volume falling off a cliff due to rising rates.
Also Rocket recently shifted their technology strategy to build fewer point solutions in house where there was an adequate market solution available, focusing more on customer facing technology to build in house.
My thoughts work much like this. For example, if I'm discussing some kind of design or graph relationship, I actually see what I'm talking about vividly. The problem is it's really hard to make eye contact while doing this. It's not that I find eye contact uncomfortable in conversation. It's just that discussing many topics, especially technical ones, it's not possible to see my ideas while looking directly at someone.
I find this most frustrating in work that is interrupted and explanation is sought. So for example, if I'm thinking through the most efficient way to accomplish X, taking into accounty Y and Z, and someone walks into my office and asks me what I'm working on it's frustrating stating my thought process on the spot because none of that reasoning was assembled using language.
I want the mobility of a digital solution, so much of my documentation and task items are spread across Evernote and Trello. Except an analog solution such as a note card or post-it notes has a physical prescense that's very focused and attention grabbing.