101–110 of 287 posts
Earlier quoted context omitted.
$100k? A quick google shows me that median household income in the US is closer to $60k. And that's the median, so half of households will be lower than that.
I presume the OP's comment was in the context of the typical HN crowd, which I would imagine has a higher than average income.
Earlier quoted context omitted.
It's really not out of reach unless you insist on living in a major metropolis. A young couple earning under $100k combined can afford a comfortable 3-bedroom home in all 50 states, just not in a large city. Mortgage rates are near all-time lows and the 20% "required downpayment" has been a myth since before you were born. You don't even need great credit to buy a home with a mortgage under $1500/mo all-in with taxes…
$100k? A quick google shows me that median household income in the US is closer to $60k. And that's the median, so half of households will be lower than that.
I am quite bearish about the impact of WFH, especially for software engineers, but if there is one country where I think the coronavirus can have a huge positive effect for the economy, it is Japan. Japanese companies are generally extremely inefficient. Outside of a few powerhouses, partially thanks to a protected and large domestic market, Japanese labor practices are antiquated. There is a culture of overwork that…
For example are Toyota's engineering and factories running on wasted meeting time, fax machines, and hand-written letters? Doesn't seem likely. If they are it seems to produce great results!
Can Japanese residents comment on how this works WRT office space in the home? Do people typically have space in their homes to have a proper home office setup? My wife and I are both WFH right now, and we had to buy a second desk and chair and repurpose what was previously our 2nd bedroom. The 3rd bedroom has always been a home office. If we lived in a downtown apartment, I'm not sure what we'd do, as we're both in…
In Japan you can end up with more office space at home if you can spare space for a decent desk than at work, where desks are small and crammed next to each other's, at least until COVID19.
Any Japanese care to chime in on how WFH is accepted culturally? When I worked for a Japanese tech company I was surprised by how old school they were. Landlines, business cards, reams of paper, week long meetings about policies, and this was a software company. WFH was forbidden unless it was an emergency.
The culture of the customer is always right also implies making contortions to please them, including many on site meetings where you have to be there just as a sign of respect. It is interesting the first time you do it, but gets boring fast.
I believe Japan has so much untapped potential, the generalization of WFH may be the catalyst for Japanese management practices to catch up the last 60 years.
I am quite bearish about the impact of WFH, especially for software engineers, but if there is one country where I think the coronavirus can have a huge positive effect for the economy, it is Japan. Japanese companies are generally extremely inefficient. Outside of a few powerhouses, partially thanks to a protected and large domestic market, Japanese labor practices are antiquated. There is a culture of overwork that…
How does this square with for example the Japanese car market, which I thought led the world in labour practices and efficiency? They've invented many labour practices that are considered the best we have today. And their cars are so cheap - how are they doing this if they aren't being efficient? For example are Toyota's engineering and factories running on wasted meeting time, fax machines, and hand-written letters?…
I am quite bearish about the impact of WFH, especially for software engineers, but if there is one country where I think the coronavirus can have a huge positive effect for the economy, it is Japan. Japanese companies are generally extremely inefficient. Outside of a few powerhouses, partially thanks to a protected and large domestic market, Japanese labor practices are antiquated. There is a culture of overwork that…
How does this square with for example the Japanese car market, which I thought led the world in labour practices and efficiency? They've invented many labour practices that are considered the best we have today. And their cars are so cheap - how are they doing this if they aren't being efficient? For example are Toyota's engineering and factories running on wasted meeting time, fax machines, and hand-written letters?…
>For example is Toyota also thriving on wasted meeting time, fax machines, and hand-written letters? Doesn't seem likely.
I don't want to go too much in specifics, but the examples I gave are actually coming from a company whose sole client is a large car company.
I am quite bearish about the impact of WFH, especially for software engineers, but if there is one country where I think the coronavirus can have a huge positive effect for the economy, it is Japan. Japanese companies are generally extremely inefficient. Outside of a few powerhouses, partially thanks to a protected and large domestic market, Japanese labor practices are antiquated. There is a culture of overwork that…
How does this square with for example the Japanese car market, which I thought led the world in labour practices and efficiency? They've invented many labour practices that are considered the best we have today. And their cars are so cheap - how are they doing this if they aren't being efficient? For example are Toyota's engineering and factories running on wasted meeting time, fax machines, and hand-written letters?…
I am quite bearish about the impact of WFH, especially for software engineers, but if there is one country where I think the coronavirus can have a huge positive effect for the economy, it is Japan. Japanese companies are generally extremely inefficient. Outside of a few powerhouses, partially thanks to a protected and large domestic market, Japanese labor practices are antiquated. There is a culture of overwork that…
How does this square with for example the Japanese car market, which I thought led the world in labour practices and efficiency? They've invented many labour practices that are considered the best we have today. And their cars are so cheap - how are they doing this if they aren't being efficient? For example are Toyota's engineering and factories running on wasted meeting time, fax machines, and hand-written letters?…
Earlier quoted context omitted.
I mean FWIW I’m American and your explanation sounds very foreign to me. I’m a millennial though, so owning a house at all is quite obstacle. Scrounging up a down payment when even a 2 bedroom apartment is $1-$1.5 million is not the easiest task. Renting an extra 2 bedrooms to have lying around in case we suddenly need 2 offices would also cost an extra couple thousand dollars a month. My wife and I are both working…
>Scrounging up a down payment when even a 2 bedroom apartment is $1-$1.5 million is not the easiest task. This is why I don't live in the Bay Area, and have no plans to. I was casually surfing Trulia, and found new construction in my area starting at $170k for a 3 bed/2 bathroom. The idea of paying that much for an apartment(!) is simply foreign to me.
Most of the country is very affordable, but I guess they don’t have advertising tech companies saving the world so it’s not as desirable.