NYS typically ranks 1-10 in states for education. NYC is a big portion of that ranking. Would not be so quick to call NYC education poor. There are pockets of badness but the overall picture isn't bad. I know plenty of people making 7 figures that send their kids to public school in NYC.
Accounting goes back thousands of years. It was not made as a tool to show off. Lesson is more that tools can be abused for other purposes than intended.
Yes, something seems off. Wonder if "Parking" got lumped into "Garage"?
Type of Building. List of values:
1000 = Parking
1001 = Gas Station Canopy
1002 = Storage Tank
1003 = Placeholder (triangle for permitted bldg)
1004 = Auxiliary Structure (non-addressable, not garage)
1005 = Temporary Structure (e.g. construction trailer)
1006 = Cantilevered Building
2100 = Building
2110 = Skybridge
5100 = Building Under Construction
5110 = Garage
I think you are 100% misunderstanding what they are saying.
They are saying almost no one in Texas can walk to a grocery store. Hence, it is a flex if you can. And Europeans don't understand that it is that unusual.
There is a certain amount of capacity to produce memory. They are building new facilities but it takes a long time. They have been burned going down this route many times in the past (e.g., losing money, firms that are no longer in business).
FWIW, what you will see at times in the HF world is a firm will want to get into a strategy and build competing teams. It lights a fire under both. It diversifies the risk. You can select winner and move some people over from loser. And if they both work, they both work.
It isn't a crazy idea if the opportunity is large enough to make the larger investment required worth it.
The problem I see in applying this to products is it can be very confusing for clients.