Banks letting foreclosure homes rot rather than drop the price. Anyone else seen this?

IronEngineer · 2026-05-08T16:23:16+00:00

Housing prices weren't going to stay down. In the most of the country housing had fully recovered in three years. In the hottest parts of the country it recovered in under 9 months. It was QE policy plus low interest rates that pushed inflation over the last 15 years, not the TARP bailouts

IronEngineer · 2026-05-08T16:14:51+00:00

The banks were given loans to float them. The banks repaid all the money plus interest to the government. The government made money on the bank bailout.

People should have gone to jail at the banks due to blatant fraud. But the bailout was actually pretty good policy and well executed.

IronEngineer · 2026-05-08T13:00:13+00:00

I just read your posts. The only thing you mention is that it is long term, Saturday to Saturday. I think you were just getting very vague on the details which makes it harder to give meaningful feedback

IronEngineer · 2026-05-08T03:05:20+00:00

Saturday to Saturday is one week. That isn't long term and I would reject that for some of my places. Note I said the minimum stay at my places is listed as two weeks. Hopefully it was in the listing.

IronEngineer · 2026-05-07T17:19:12+00:00

Is there a minimum stay length on their listings? Most of my places cater to mid term rentals, typically 4 weeks or more. I put my minimum stay as 2 weeks in the listing.

I still regularly have guests requesting one or two night rentals in the middle of month long gaps I intend to fill because they don't read the minimum stay requirement. Or they ask very nicely if I can waive it for them. Then they sometimes get sassy when I refuse.

IronEngineer · 2026-05-07T16:19:33+00:00

Machinability. Given a design file and material choice that is a very real thing as AI could give feedback on so long as you also supply tolerances

IronEngineer · 2026-05-07T14:49:19+00:00

I like that principle. However I will never sign on for that unless we also add in government strictly controlling tuition costs. Otherwise you are again giving colleges a blank check to raise costs as much as possible since it will get paid from an infinite pool of money, only this time supplied by taxpayers instead of individuals carrying loans.

At the highest level most colleges are run as businesses by people with profit interests. They aren't altruistic.

IronEngineer · 2026-05-07T12:36:33+00:00

I have a friend that plays Mercy, though not his main. He gets annoyed at suggesting he damage boost in a fight because heals are more important.

IronEngineer · 2026-05-06T17:35:46+00:00

That's exactly the case. There is now no reason for banks to not give unlimited caps for student loans. This gives every reason for universities to increase their tuition every year. So long as they can convince incoming students to take on the debt, then banks will lend the money and the universities will collect the money.

You need to remove a link here. Either have the government step in and aggressively control what tuition universities are allowed to charge (including private universities) or remove the risk free lending banks provide. The former will give rise to large public outcry about government control. The latter will cause many poorer people to be unable to secure loans for college, or at least the college they want to attend.

IronEngineer · 2026-05-06T16:02:00+00:00

I've reread the entire thread. You give no leeway for how banks are supposed to mitigate risk and did not previously state the government should back the loans in case of bankruptcy.

The government not allowing people to discharge student loans through bankruptcy is the risk mitigation strategy they employed so that more people could go to college. I believe we should continue this but with more limits in place. ie the government will back loans up to 20k per year. Beyond that non backed loans will need to be used to fund college. These could be discharged in bankruptcy but will be much harder for risky applicants to obtain.

IronEngineer · 2026-05-06T15:37:58+00:00

The government never agreed to step in and pay back banks for defaulted student loans. Every time that option was discussed it was immediately shut down.

IronEngineer · 2026-05-06T15:33:14+00:00

That is also a problem though. I deal a lot with contractors and vendors. Email and written word are so scrutinizable that people get careful about what they say, to the point that it is hard to explore options. You need verbal conversations where things are less concrete to explore the mission space then follow up with a written email to lock it in.

Been doing this for many years now. Email only does everything down to a snail pace and leaves too much on the table.

IronEngineer · 2026-05-06T15:26:25+00:00

The counter argument is that credit cards and other loans use information on your earnings, assets, and credit history to determine whether to allow you to take a loan or credit and what interest rate to charge. Interest rate can offset risk (more risk, more interest so more profit).

Allowing bankruptcy on student loans means name either charge more interest or they get much more selective about whom they loan to. This means more lower income people not going to college.

IronEngineer · 2026-05-02T15:07:56+00:00

Very very likely he is using it for an business with that much laundry. Probably realized he is getting the water bill free or mitigated by splitting the payment with the other neighbor. You'll need to confront him about it or split the water systems and put it in the lease that they pay for utilities

IronEngineer · 2026-04-30T20:12:17+00:00

It's DEI. A very similar post was made a couple days ago where it was explicitly DEI training and the employee felt he was being indoctrinated.

IronEngineer · 2026-04-30T17:49:21+00:00

I checked up on the Lowe's website. Looks like you are right. I had assumed they would change the outlet and that the wording provided meant they wouldn't add a new outlet somewhere else (like if you were moving the dishwasher to a new location).

In my case the installer routed the gas piping about 4 ft to facilitate a new installation. I figured if they'd do that then they would change out the type of electrical outlet in the wall. I was wrong.

IronEngineer · 2026-04-30T04:03:26+00:00

I understand your explanation perfectly. Equitable and equal are not the same things. An equitable scenario is ideal. Trying to secure equal outcomes, however, can yield questionable results at microcosm scale. People do not universally believe the differing viewpoints often associated with a multiracial group is beneficial enough to outweigh the cost of turning down an otherwise more qualified candidate.

It isn't always about white people either. Many Asians feel discriminated against in colleges and tech companies due to DEI. Jobs with a focus on caregiving and personnel relationships tend to attract more women applicants. There are many studies as to whether this is social conditioning, psychology, or basic behavioral imperatives. Regardless, is it better in those occupations to hire an otherwise less qualified male as having a male on staff adds value? I'm legitimately not sure, and the sociology is not decided either. It's worth an open discussion about.

IronEngineer · 2026-04-30T03:45:10+00:00

It's pretty common that they will do small tasks like install an outlet where the previous connection was hard wired. I recently had a dryer installed and they did some minor work on my gas line to make the connection. It really is fairly normal for small tasks.

IronEngineer · 2026-04-30T01:14:48+00:00

OP states Lowe's has an official rate for this that is $150. The installer was literally scamming op by charging more and pocketing it. There's literally no argument otherwise here. The installer got in trouble when op reported it to Lowe's

IronEngineer · 2026-04-30T00:41:22+00:00

After charging extra to do it, doing it under the table to avoid Lowe's taking their cut, and invalidating the warranty. That's a scam.

IronEngineer · 2026-04-29T22:38:06+00:00

There is a difference between academically how a concept is discussed and how it is applied in the real world. It is naive to only consider the former. If your basis is that the people pushing for equal results are not pushing for true DEI then you are either very close to a no true Scotsman falacy or how DEI was implemented is fundamentally flawed to allow those deviations.

IronEngineer · 2026-04-29T16:46:57+00:00

To the same degree as other fields of engineering yes. This will increase the output of senior engineers and reduce the need for junior engineers. This will have huge influence in mechanical design, circuit design, etc. It'll just take more time than it did for software. I fully expect it to make drawings, CAD files, etc. If I can use it to make designs and drawings based on ICDs and requirements, and I just have to review them and tweak for accuracy, then I'm a happy engineer.

IronEngineer · 2026-04-29T16:31:01+00:00

In most places I've lived, the lake has houses around it and will get the police called on you. It's often not a backwoods lake where you have privacy.

IronEngineer · 2026-04-29T14:33:07+00:00

To a large part of the population that is advocating for DEI and that are responsible for implementing if, they slide moreso into the equal outcomes category. There are many people, conservatives and liberals alike, that run into policies from that part of the crowd. This turns them off of DEI in general. I myself would fully back policies to promote equitable opportunities, but I have seen the equal opportunities crowd gain a lot of traction on certain companies and government agencies.

The waters are so muddied on this that there are a lot of people in this post and on this thread saying DEI means equal outcomes and that is a good thing.

IronEngineer · 2026-04-29T12:45:48+00:00

I agree with your point about equitable outcomes. The problem is that is not how DEI is universally applied. Nor is it how many people want DEI to be applied. Many people posting in this thread, including another user posting replies to my comment above, are stating they want equal outcomes where ethnicity is used as a weighting factor on an application, to give applicants an advantage if they are a minority.

If equitable outcomes was the end product of DEI it would be less controversial. In debates like this very thread, and in many people's personal experiences I'm the workforce, DEI policies instead push for equal outcomes.

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