Kicked in the rebates

in #hive-16792210 days ago

The single most expensive upgrade we have made to our house has been the change from an oil heating system to an air-water heat exchange system. The cost for the change was over a third of our total renovation budget and we decided to do it as soon as possible for various reasons including Corona - a costly decision in hindsight.

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The government has now decided to introduce a 4000€ rebate for doing exactly what we did, except we don't qualify, as we did ours a month "too early". There is no sliding scale, it is a hard cutoff. "Funnily" enough, we were told to rush our installation due to the impact of Corona and to keep locals employed. Brilliant.

I am pretty disappointed

Yeah, I didn't know of it earlier and we made the decisions we did - but considering what has happened since then with layoffs, additional costs and budget blowouts on some work - it would have been very, very welcome at this time. It kind of feels like an extra (and unnecessary) kick in the unmentionables, whereas it could have been a windfall that took a lot of the pressure off at a time we would need it.

This year has been a veritable right-off in terms of luck and although we are coping and doing what we can and must, there is the sense that at some point, luck has to change.... Doesn't it?

No. No it doesn't have to change at all. Ever.

Of course, my life isn't the worst in the world, but that is always relative to location and is going to be influenced by those around us. It feels like my wife and I continually fall through the cracks on these types of opportunities and end up effectively paying more than others - which effectively puts us at an economic disadvantage.

I think I am not the only one in the world who understands the consequences of prolonged economic disadvantage and events this year have been highly symptomatic of widespread economic hardship. Again, what "hardship" means is going to be subject to localized conditions, which is why it is so widely distributed. There is little benefit in making comparisons against vastly different populations and cultures, but when there is a high rate of disparity at the local level, things are not shaping up well.

Finland has pretty "evenly" distributed wealth in comparison to some places, but I think that this is changing as the economic mechanisms and ability for companies and the wealthy to increasingly avoid tax obligations increase. This means that the hardest hit will increasingly get hit and become less able to fend for themselves and miss out on an increasing amount of opportunity - such as education, which correlates strongly to earning ability.

With a smaller group of hands being able to attract an increasing amount of wealth, it means that the spiral down becomes a whirlpool that keeps expanding its diameter to draw more and more into the depths. This affects everyone - rich and poor. Even if a person has a lot of money, their experience of the world is worse when they are surrounded by poverty - which means that even if they are purely interested in themselves - it is in their own best interest to ensure some level of local standard, something that is not actually economically incentived.

The economic incentive to problem solve is to make more money, not to improve social conditions - so if making money has a side-effect of reducing community value - the decision will be to make money - and there is no obligation to deal with the resulting problems - like job loss from innovation. Not only that, the more money made by the innovation, the less tax will often get paid, meaning that it becomes an even larger societal burden in the current system. A handful of people become extremely wealthy, everyone else degrades in value.

As said, relativity factors heavily into this and it isn't just location relative, it is also time. On average, we are all globally better off now than we were a hundred years ago as our conditions have improved markedly. However, the relative disparity between the top and bottom has increased astronomically with more and more falling backward into the degrading pool.

This has consequences and we are seeing it now through the social volatility that just keeps building, partly due to things like the support mechanisms being accessed by those who need it less than those who need it more. For example, companies getting support to keep people employed while simultaneously laying people off - from companies that are already not meeting the true tax liability through their ability to creatively account to avoid tax. Tax might be theft, but citizens (people) have to pay, while companies (not people) do not.

While my wife and I will chalk this rebate up to another personal missed opportunity where we slipped through the cracks, the economic systems at a global level are not only very much broken, but they are being assaulted and battered at an increasing rate in ways that are speeding the economic disparity between rich and poor, which will result in more social volatility and violence and drive more wedges into already fragile communities and drive them even further apart.

I see the current economy precariously on the precipice of collapse, but I think that there doesn't even seem to be the want for an orderly demolition. Instead, it is going to be an implosion where once again, those responsible will not only get away scot-free, but benefit heavily, while having no obligation to those they harmed in the process.

Taraz
[ Gen1: Hive ]

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This year has been a veritable right-off in terms of luck and although we are coping and doing what we can and must, there is the sense that at some point, luck has to change.... Doesn't it?

Not that you didn't deal with it just fine, but...
I've been known to play a hand or two of poker from time to time. I'm not a particularly good player, but I am really good with calculating odds on the fly. It's a small advantage on some hands.

One thing I know absolutely is that one hand (or one event) is not related in any way to the one before it or the one after. The guys sitting there thinking their luck has to change are often called donors.

It's really sad that you missed out on that rebate. I mean really sad that you seem to get penalized for doing the right thing initially. Stinks, matter of fact.

But in the overall course of things you made the very best decision you could with the information you had at the time. You made the right decision. The rest of that equation is out of your control.

One thing I know absolutely is that one hand (or one event) is not related in any way to the one before it or the one after. The guys sitting there thinking their luck has to change are often called donors.

Yep, this is how I see it too - Luck can be enduring - up and down :D

But in the overall course of things you made the very best decision you could with the information you had at the time. You made the right decision. The rest of that equation is out of your control.

Yes and we were happy to do so at the time, which I consider a win. There is no way we could have known and if this rebate had never been offered, we would be in the same position we are in anyway. One of my friends at work just bought a place recently and was planning on doing the conversion next year - She now knows of the rebate and will pull her plans forward. so at least I could help someone.

Fuck you 2020!

(Don't worry, I said it for you.) Lol.

lol! It was meant to be a good year. Oh well.

There's always 2021...Or 2022...Or...

Falling through the cracks, let me tell you a story (it's a fact) 😀

My wife was a in a lucky draw pool of 100 people in 2016. Only one person in that pool did not get a prize. She was the lucky one. ha ha

I am not sure if Crypto is the answer to this global economic disparity but I firmly believe that the redistribution of wealth should happen. Having said that, the very fundamental principle the current economic system built was on flawed banking capitalism. I do not have enough understanding whether crypto system will grow beyond that wealth management system or will morph into something that promotes the existing system.

Your wife is a 1 percenter!! :D

The system is broken by design, but it speeds up the longer it runs - so it is moving ever faster toward collapse.

I don't know if crypto will be the answer either. Not because it couldn't be, but it requires a minset shift and we are prone to repeat our conditionining.

Cierto esto tiene que cambiar, en Venezuela estamos pasándola bastante difícil, hay que seguir luchando, ser creativo y protegerse, cuando estamos más en la casa, está la oportunidad de educarse por vía on line, y mencionas que la educación se relaciona fuertemente con la capacidad de ganar dinero, es cierto. Muy bueno tu post, feliz miércoles desde Venezuela.
Compartido en mi cuenta.

Siempre a la orden

Ah what a pity, it was all a question of timing

Yeah - I am not great with timing it seems :D

I'm really sorry about the rebate. In your quest to do the right thing in good time, you took it short in the inseams. My hope is that crypto moons and it won't matter one bit.

By then, 2020 will be behind all of us. Thank God.

As an aside, Small Steps in doing well, you are healthy as is your wife and you are one of the people that always look for the small things to be grateful for. Your readership has gone up. Bazinga! Another thing.

It's hard to not be bitter. I get it. I hope there is a silver lining in here somewhere.

!tip

My hope is that crypto moons and it won't matter one bit.

🤞

Yeah, life isn't all bad of course and this is just one thing (that we didn't account for anyway), but it would have been a pleasant surprise to cover some of the electrical work that we didn't account for either :)

2021 better be glorious!

I hope there are good surprises that make up for it!

Yeah, I hope so too, but I am not holding my breath and waiting for them :)

At least your system is installed and ready to go. With a rebate offer those that were on the fence may jump, which means more work for the installers but also more chance of it not being done prior to winter kicking fully in. In addition the install price generally goes up because now there is to much work and priority pricing will kick in. There is also a chance of the work being done by new start-up companies because they can get an opportunity to make a quick buck.

So while you may have missed the rebate, you also missed all the rebate shenanigans that can happen with rebates of this nature. (at least they happen in America quite frequently).

The shenanigans wouldn't be too bad here - at least most of the time with these things. Finland works relatively well in this respect - sometimes. =)

There will be a lot of work them though, which is a good thing. I wish the government would subsidize electric vehicles for the next few years too.

At least yours is all set for winter use, and no waiting for the installers. I imagine your co-worker may have to wait in line for their install.

It is a shame what happens in America when rebates are announced companies start to actively look for short cuts, and new businesses flood the market.

I think Electric vehicles are still subsidized in America but I am not real sure on that.

I imagine your co-worker may have to wait in line for their install.

Perhaps -but I hope she will book in fast enough that it will be okay. The install is only a couple days at most - the problem is getting the units if the borders close again.

I think Electric vehicles are still subsidized in America but I am not real sure on that.

There is something here, but not much. In effect, they could replace the entire fleet of cars in the space of about 10 years on the current buying rate. Finland doesn't have oil, but imports 6B euros worth a year, with 2B used for refinement and exporting again. This means that there is 4B that could pretty much be wiped from the imports at a steady ate over 10 years. Finland produces all of its electricity, so instead of importing energy, it is then able to sell its own to itself. Save 4B on import and transfer that to internal spending.

The government has now decided to introduce a 4000€ rebate for doing exactly what we did, except we don't qualify, as we did ours a month "too early". There is no sliding scale, it is a hard cutoff. "Funnily" enough, we were told to rush our installation due to the impact of Corona and to keep locals employed. Brilliant.

I am pretty disappointed

Ouch! but regardless, I still wonder... Are you by chance implying that laziness sometimes gets economically rewarded better than proactive action on time? :)

It is the government.

Oh! then no problem. Just wait until the goverment launch a good rebate for buying a new pair of unmentionables. :D

It wasn't really a missed opportunity. You made a decision that was correct at that particular moment in time.

Hindsight is a drain on the emotions and falls straight into the coulda, woulda, shoulda trap.

The price of the heating system could have gone up after you got yours. Then you'd be writing a self congratulatory post extolling your excellent decision making skills and luck would not get a mention!

Don't be rueful and don't forget it could be much worse. If it weren't for bad luck, you'd have no luck at all ;-)

Take it easy, life's too short so best wishes to you and your family.

Yep, it isn't a missed opportunity - bloody annoying though :)

The price of the heating system could have gone up after you got yours. Then you'd be writing a self congratulatory post extolling your excellent decision making skills and luck would not get a mention!

They might go up based on this and Covid. But I think they will not rise significantly.

If it weren't for bad luck, you'd have no luck at all

People say they have "zero luck" as if it is a bad thing - Neutral is okay if the alternative is negative :D

So many cracks to slip through, that is some pretty rotten luck. 2020 eh, what a load of unmentionables.

2021 will be the year crypto goes to the moon - after I have sold all of mine to cover the house :D

Don't even joke about this shit!

Yeah I know.

Almost over...

Bummer about that rebate. Bloody typical though.

Something has to give surely. Covid is going nowhere for a while yet, Furlough/redundancies look likely, and I saw on the news here in Spain today that more fiat is being printed.

The worst thing about the fiat being printed is, who's hands it ends up in. It seems that they are looking for a trickle down effect, rather than driving it from the bottom up.

It is 2008 all over again.

The trickle turning to drops and a drought.

Hopefully we have some leverage with crypto ready for the next 2008.

2008 brought out Bitcoin, perhaps the next round will solidify crypto as a legitimate option.

I've been seeing the whole economic world situation as a path to disaster as the depth of all countries keeps growing astronomically and anyone understands this is unsustainable. Covid19 just speeded things up. This is one of the reasons I believe in crypto and why I am so into it.
There is no doubt we are facing a new Era change, this time globally as the whole world is interconnected and suffering the economical and pandemic consequences.

I was looking at the US debt clock the other day - it is pretty insane.

The interconnectedness and global nature of all of this is going to make the response interesting - as nations will respond with a lot of variation, but the people will have access to a global view and question every resonse. we saw this a bit with Covid, but I think we are just ramping it up.

When I traveled through India I saw real poverty. I then realized all of us are rich in the West. I do not mind the super rich and are happy I live here.

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I understand the view at a personal level, but sometimes I question how useful it is. Does it mean that because others are doing worse than us, we are more willing to put up with more hardship? This would mean that rather than fixing the growing problem, we are supporting it and prolonging it. Should that be the goal?

That word care has been chased out of a window by the bird called greed my friend.
The period just prior to winter is a selling tool not only for those in the warming businesses, but also more funds trickling into the government coffers due to the increased sales.

We have been taught to buy our winter goods in late spring season, as all of the winter stocks are sold at markdowns to be replaced by summer stocks.

We are the world champions regarding the gap between the rich and the poor and also in a few other areas such as the highest unemployment figures and we rank up high in the corruption figures.

Sorry about your timing, but maybe try to tap into the government grapevine regarding future plans. It will be a help in the future. Over here they have to place all of these promotions in a Government Gazette for the public to peruse at lease 3 months before implementation.
I wonder if your government have any online community notice boards?

Yeah - we have been pretty unlucky with some of the decisions made and have missed a few things - this being the largest by far though.

What is quite annoying is that the work we have paid for isn't even complete yet as there is a schedule with other renovation components - this means that we miss out, even though the work is technically still in the period...

It is smart to buy things off-season if possible. I am hoping to get some garden tools in the coming weeks as I will need a few for next year. Will split some of the costs with the neighbor too, if possible.

We are the world champions regarding the gap between the rich and the poor and also in a few other areas such as the highest unemployment figures and we rank up high in the corruption figures.

Will it ever change?

I am sure that you have approached them to inform them that you are in the process of a current installation?

Yeah and the strange thing is that the new of off-season purchasing is not loudly proclaimed by the business world, else they know that they will lose profits on the current "hot" items if many more people will simply wait and buy them in the off-season.
But then they also play on the mindset of our current and new generations that want everything right now lol.
Garden tools in the off-season sounds great and the split with the neighbor sounds even better. A good plan.

Nope! History reminds us about the reasons why Africa was named as the "Dark" Continent.
Dark, not in the people, but in the business dealings and the corruption!

I am sure that you have approached them to inform them that you are in the process of a current installation?

The plan is to apply anyway and see if we can get them to sink a little personal investment time into it - then make them feel sorry for us! :)

A lot of the young generations don't want last season, even if it is something like garden tools. They treat everything like it is milk and will go off if "past its date"

Do you guys have "ward councilors" there?
Local government persons are appointed to manage certain areas and suburbs over here and we always make sure that we know the key guys to speak to.
If not, then there should be a person that is in charge of this new grant. That is your target to befriend and to deal with. I always go straight to the top instead of laboring for months through the processes to get things done.

Hahaha, we wear yesteryears clothes and couldn't worry about about being up to date on anything lol.
Burt I know what you mean, as to them everything must have that new and shiny look.
They would use a new spade for a job, won't clean it afterwards and if it starts to show signs of rust, out it goes.
A poor guy discovers that spade and he uses it for the next 10 years hahaha.

We got crazy lucky on the timing of our build. Any later, and we'd have missed getting the full First home builders grant.
Any earlier, and we'd have been on the hook for stamp duty. So sheer blind luck made a $30K difference to the bottom line.
I dumped my HUNT for US$2.5K a week ago, now it's worth $US10K.
Unless you have a crystal ball you're ignoring, you've gotta forgive yourself.

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