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Joined 1 year ago
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Cake day: June 18th, 2023

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  • The problem with China’s real estate market is that it’s entirely built on false promises and leveraged debt.

    The government provides cheap loans to citizens to buy homes they will never live. All in an effort to drive the country’s GDP… but eventually you will either:

    1. Run out of capital to fuel this construction
    2. Rebase the value of these paper homes and the economy collapses on a scale 10x that of the 2008 housing crisis

    This article has nothing to do with unhoused people, nor an overvalued housing market pushing out middle class buyers. The economics of the Chinese market are completely dissimilar from the western (US particularly) markets.

    It’s entirely about how the Chinese government has an unsustainable market segment dedicated to building things that people don’t want or need… other than to have wealth on paper.




  • There are some options for Pis like unraid.

    Honestly though, just pick one problem you have and solve that with docker.

    Beat your head against the wall trying to figure out the virtualization, volume mapping, permissions and networking.

    Then start finding other problems to solve.

    I stood up a homelab for media storage and streaming… and it has now grown to 30-40 applications running in parallel.