Elder Abuse

Most of the time I just delete shit like this. Then, unsurprisingly I get another text.

What chat? Why do I feel like I’m being targeted?

HomeVestors, the self-proclaimed “largest homebuyer in the United States,” goes to great lengths to distinguish itself from the hedge funds and YouTube gurus that have taken over large swaths of the real estate investment market. The company says it helps homeowners out of jams — ugly houses and ugly situations — improving lives and communities by taking on properties no one else would buy. Part of that mission is a promise not to take advantage of anyone who doesn’t understand the true value of their home, even as franchisees pursue rock-bottom prices…HomeVestors cautions its franchisees never to take advantage of sellers who are unable to understand negotiations. But by the time he left that evening, Evans had a contract to buy the house for roughly two-thirds its value, signed in Casanova’s shaky script.

The Ugly Truth Behind “We Buy Ugly Houses” — https://www.propublica.org/article/ugly-truth-behind-we-buy-ugly-houses

Full disclosure – I have no clue who sent me these text messages and the source may not be HomeVestors.

Please read then share the entire article. You can’t be too safe nowadays.

The more I think about this form of elder abuse the angrier I get. Then again, maybe I did have a conversation about a different property.

This text message was for a property I don’t own.

Just Another WFH Saturday

I’m actually not WFH (working from home) today but reading about WFH. And I learned some new things about the world today. One of my favorite tidbits of unsolicited advice comes in the form of this question:

Do you live to work or work to live?

As Gartner research shows, workers want a more “human value proposition,” with 65% of survey respondents agreeing that the pandemic made them rethink the role that work should have in their lives. For all of our talk for decades about work-life balance, people finally feel in their bones what that means. The big question has shifted from “How does life fit into work?” to “How does work fit into life?”

How to Motivate Employees When Their Priorities Have Changed — https://hbr.org/2023/05/how-to-motivate-employees-when-their-priorities-have-changed

Nice to see others coming around to my way of thinking. The strongest motivation I had to establishing a WFH life was to not have work dominate my entire life. Not once have I felt lonely working in my home office. But apparently some WFH people get lonely.

When I first made the switch to working remotely, I was elated. I had been commuting for years, which regularly constituted 12 or more hours stuck in traffic each week and resulted in incalculable levels of stress and frustration. When I began working from home, in addition to regaining my lost commuting hours, I loved my new ability to focus on my work without the distraction of an open-plan office environment.

However, as time progressed, I started to feel lonely. I was able to laser-focus on my work, but my interactions with others were driven solely by virtual meeting agendas or email. I noticed I was becoming less enthused and more withdrawn. I spent too much time scrolling social media because I was silently craving connection with others. I was slowly but steadily becoming isolated.

Is Your Remote Job Making You Lonely? — https://hbr.org/2023/05/is-your-remote-job-making-you-lonely

Maybe you should turn your camera on during meetings.

A recent survey of 4,200 work-from-home employees found that 49% report a positive impact from engagement when their cameras are on during online meetings, and only 10% felt disengagement from turning on cameras. As leaders are figuring out hybrid and remote work, they are facing the challenge of deciding whether to encourage employees to keep their cameras on during meetings. This decision has a significant impact on communication, engagement and trust-building within the team. I can attest to that from my experience helping 21 organizations transition to long-term hybrid work arrangements.

The Pros and Cons of ‘Cameras On’ During Virtual Meetings — https://www.entrepreneur.com/leadership/the-pros-and-cons-of-cameras-on-during-virtual-meetings/450959

Then again, there may be a good reason why people have their cameras off.

May 2022 study by the Federal Reserve Bank of Atlanta estimates that the number of working age Americans (25 to 54 years old) with substance use disorders has risen by 23% since pre-pandemic, to 27 million. A figure that’s about one in six of people who were employed around the time of the study. It’s caused a 9% to 26% drop in labor force participation that Karen Kopecky, one of the authors of the report, says continues today.Drug recovery firm Sierra Tucson concluded from a November 2021 survey that about 20% of US workers admitted to using recreational drugs while working remotely, and also to being under the influence during virtual meetings. Digital recovery clinic Quit Genius found in August 2022 that one in five believe that substance use has affected their work performance, also according to a survey.

Remote workers with substance use disorders face ‘rude awakening’ in return-to-office mandates — https://fortune.com/2023/05/13/remote-workers-substance-use-disorders-return-to-office-mandates/

OK, enough about WFH. Time to get back to thinking about retirement because (I am) Flunking Retirement.

(I am) Flunking Retirement

Participants with the most positive views of aging were living, on average, 7.5 years longer than those with the most negative views. 90%: the percentage of centenarians who were functionally independent in their 90’s.

People who live long lives can teach us how to live healthy lives.

Flunking Retirement – https://ysph.yale.edu/about-school-of-public-health/communications-public-relations/publications/public-health-magazine/article/flunking-retirement/

The source article is an interview with two Yale alumni who are still working at the age of 82. Both are youngsters when compared to…Willie who just turned 90 and still working.

Scary Charts 04.11.23

Per the Economic Policy Institute, wages in 2021 “rose fastest for the top 1% of earners (up 9.4%) and top 0.1% (up 18.5%), while those in the bottom 90% saw their real earnings fall 0.2% between 2020 and 2021.”

I Would Love to Have Enough Time and Money to Go to an Office to Work All Day — https://slate.com/business/2023/03/steven-rattner-new-york-times-remote-work-commute-child-care.html

The source article is about WFH vs RTO (work from home vs return to office) and is worth reading.

Kaiser Permanente $4.5B loss in 2022

Nonprofit hospital and health plan operator Kaiser Permanente on Friday posted a $4.5 billion net loss in 2022, compared to a $8.1 billion net gain in 2021, as the integrated system struggled with billions of dollars in investment losses, a rise in care volume and ongoing labor shortages.

Kaiser’s $4.5B loss in 2022 driven by labor expenses, investment losses — https://www.healthcaredive.com/news/kaiser-reports-13b-operating-loss-2022-driven-by-expenses-inflation/642595/

Yikes.

Emotional Support…Squids and Shrimp

“It has shrimp, it’s great, it’s so relaxing,” they said. “And then at the one hour and 22-minute mark, it gets inexplicably funky for about four minutes, and then goes back to being chill. It’s a whole experience.”

“Wow. This is truly the pinnacle of human creation,” one comment on the shrimp video reads. “The internet was made so I could chill alongside two shrimps.”

https://www.latimes.com/travel/story/2022-09-16/monterey-bay-aquarium-lofi-hiphop-squid-jellyfish-shrimp

I’ve got the shrimp playing now. Maybe I’ll do the squid later.

The pinnacle of human creation!

Green is Not Green

According to a report by Friends of the Earth (FoE), lithium extraction inevitably harms the soil and causes air contamination. As demand rises, the mining impacts are “increasingly affecting communities where this harmful extraction takes place, jeopardising their access to water,” says the report.


In pictures: South America’s ‘lithium fields’ reveal the dark side of our electric future — https://www.euronews.com/green/2022/02/01/south-america-s-lithium-fields-reveal-the-dark-side-of-our-electric-future

Great pictures. Scary story.

Scarier than Going Green is Not Cheap – Updated 07.04.22