Home › Forums › Financial Markets/Economics › Interesting commentary on the Vegas economy (paging FlyerInHI)
- This topic has 55 replies, 8 voices, and was last updated 4 years, 5 months ago by FlyerInHi.
-
AuthorPosts
-
December 24, 2014 at 10:15 AM #781356December 24, 2014 at 10:16 AM #781357AnonymousGuest
[quote=spdrun]Not really. Giving everyone who can hack it the OPPORTUNITY to go to college is a good thing. Otherwise you might have potentially brilliant engineers or doctors sweeping streets.[/quote]
There is a HUGE difference between “everybody who can hack it” and everybody. Nobody is arguing that college education isn’t useful or beneficial for many. The point is it isn’t useful or beneficial or necessary for the masses. That is the cultural brainwashing
December 24, 2014 at 10:20 AM #781358spdrunParticipantMaybe it’s a replacement for p**s-poor levels of edumacation in many high schools.
December 24, 2014 at 11:01 AM #781361FlyerInHiGuestMore learning is better.
Not everyone needs or can make it in college. But college should be available and virtually free.
It’s just the next level up from secondary education. Raising the bar.
December 24, 2014 at 11:25 AM #781366AnonymousGuest[quote=FlyerInHi]More learning is better.
Not everyone needs or can make it in college. But college should be available and virtually free.
It’s just the next level up from secondary education. Raising the bar.[/quote]
So you want the government to pay for everybody to go to college? If anything, government should subsidize trade schools so we can train people some practical skills. I don’t want any more of my tax dollars going to “educate” kids on the art of beer pong.
December 24, 2014 at 11:41 AM #781367scaredyclassicParticipantFACT: children should not be ruining their financial futures incurring ruinous debts for education that may not provide any financial benefit..
what we should do as a result of that fact is open for debate.
December 24, 2014 at 1:48 PM #781368FlyerInHiGuestsdp, in Vegas, a waitress could afford to own and pay off a condo like this one. Then she could build her financial future by saving and investing her income.
At $49,500, it’s within a 15 min drive to the major attractions in Vegas. Compare to a similar place in Mission Valley for $200,000.
It has central AC and could be nicely remodeled. 724sf would easily make it a 2 bedroom in NYC.
https://www.redfin.com/NV/Las-Vegas/1455-E-Katie-AVE-89119/unit-118-2/home/29483212
December 24, 2014 at 2:05 PM #781369The-ShovelerParticipant[quote=FlyerInHi]More learning is better.
Not everyone needs or can make it in college. But college should be available and virtually free.
It’s just the next level up from secondary education. Raising the bar.[/quote]
There are College courses that are already free online.
Bill Gates has said it many times, the future of college is online.
I don’t know but I tend to agree with him.December 24, 2014 at 2:14 PM #781370The-ShovelerParticipantI would take it a step further and say most schooling will be computer based in 10-15 years.
Anyway IMO.If I had a kid in L.A. city area, I would definitely put him in the new online schools being offered now instead of LAUSD where I don’t know but I think the dropout rate is still above 20%.
June 8, 2020 at 7:13 PM #818106CoronitaParticipant[quote=FlyerInHi]sdp, in Vegas, a waitress could afford to own and pay off a condo like this one. Then she could build her financial future by saving and investing her income.
At $49,500, it’s within a 15 min drive to the major attractions in Vegas. Compare to a similar place in Mission Valley for $200,000.
It has central AC and could be nicely remodeled. 724sf would easily make it a 2 bedroom in NYC.
https://www.redfin.com/NV/Las-Vegas/1455-E-Katie-AVE-89119/unit-118-2/home/29483212%5B/quote%5D
Speaking of dumpster diving…
I’m just curious given that covid brought on the recession, how are folks doing in Las Vegas versus Mission Valley? it sure seemed pretty obvious that Las Vegas was heavily speculated and that a pandemic event that was certainly going to happen in 2020 was going to level the Las Vegas economy more so than Mission Valley.
Clearly Mission Valley is a better investment if one could have afforded it..
June 8, 2020 at 9:51 PM #818117FlyerInHiGuestNot yet.
The “waitress” who bought that condo in 2015 for $38,000 would easily have paid it off and now she can rent it out for $800. She can now move to Korea to teach English, debt free.
-
AuthorPosts
- You must be logged in to reply to this topic.