[4plexowner]

in the Netherlands they are having to close prisons because they don’t have enough people to incarcerate – coincidentally, pot is legal there as are most recreational drugs

here in the States we have made a growth industry out of incarcerating people so we need to have lots of things that are illegal

~

another reason pot is illegal is because it falls into the hemp family – hemp is a very useful plant and it grows easily with little water
– hemp oil can be used as an energy source (competition with petroleum industry)
– hemp oil can be used to make plastic products (competition with petroleum industry)
– hemp fibers can be used to make long lasting clothing – I mean loooong lasting – like hand this hemp shirt down to your children (competition with textiles industry)

the hemp plant represents competition to some very powerful industries in this country so legalizing it (or pot) will be an uphill battle

[4plexowner]

in the Netherlands they are having to close prisons because they don’t have enough people to incarcerate – coincidentally, pot is legal there as are most recreational drugs

here in the States we have made a growth industry out of incarcerating people so we need to have lots of things that are illegal

~

another reason pot is illegal is because it falls into the hemp family – hemp is a very useful plant and it grows easily with little water
– hemp oil can be used as an energy source (competition with petroleum industry)
– hemp oil can be used to make plastic products (competition with petroleum industry)
– hemp fibers can be used to make long lasting clothing – I mean loooong lasting – like hand this hemp shirt down to your children (competition with textiles industry)

the hemp plant represents competition to some very powerful industries in this country so legalizing it (or pot) will be an uphill battle

[4plexowner]

in the Netherlands they are having to close prisons because they don’t have enough people to incarcerate – coincidentally, pot is legal there as are most recreational drugs

here in the States we have made a growth industry out of incarcerating people so we need to have lots of things that are illegal

~

another reason pot is illegal is because it falls into the hemp family – hemp is a very useful plant and it grows easily with little water
– hemp oil can be used as an energy source (competition with petroleum industry)
– hemp oil can be used to make plastic products (competition with petroleum industry)
– hemp fibers can be used to make long lasting clothing – I mean loooong lasting – like hand this hemp shirt down to your children (competition with textiles industry)

the hemp plant represents competition to some very powerful industries in this country so legalizing it (or pot) will be an uphill battle

[4plexowner]

in the Netherlands they are having to close prisons because they don’t have enough people to incarcerate – coincidentally, pot is legal there as are most recreational drugs

here in the States we have made a growth industry out of incarcerating people so we need to have lots of things that are illegal

~

another reason pot is illegal is because it falls into the hemp family – hemp is a very useful plant and it grows easily with little water
– hemp oil can be used as an energy source (competition with petroleum industry)
– hemp oil can be used to make plastic products (competition with petroleum industry)
– hemp fibers can be used to make long lasting clothing – I mean loooong lasting – like hand this hemp shirt down to your children (competition with textiles industry)

the hemp plant represents competition to some very powerful industries in this country so legalizing it (or pot) will be an uphill battle

[4plexowner]

in the Netherlands they are having to close prisons because they don’t have enough people to incarcerate – coincidentally, pot is legal there as are most recreational drugs

here in the States we have made a growth industry out of incarcerating people so we need to have lots of things that are illegal

~

another reason pot is illegal is because it falls into the hemp family – hemp is a very useful plant and it grows easily with little water
– hemp oil can be used as an energy source (competition with petroleum industry)
– hemp oil can be used to make plastic products (competition with petroleum industry)
– hemp fibers can be used to make long lasting clothing – I mean loooong lasting – like hand this hemp shirt down to your children (competition with textiles industry)

the hemp plant represents competition to some very powerful industries in this country so legalizing it (or pot) will be an uphill battle

[4plexowner]

Regulators shut 6 Ga. banks, 1 in N.Y.

http://www.philly.com/inquirer/world_us/20090725_Regulators_shut_6_Ga__banks__1_in_N_Y_.html

64 and counting …

[4plexowner]

Regulators shut 6 Ga. banks, 1 in N.Y.

http://www.philly.com/inquirer/world_us/20090725_Regulators_shut_6_Ga__banks__1_in_N_Y_.html

64 and counting …

[4plexowner]

Regulators shut 6 Ga. banks, 1 in N.Y.

http://www.philly.com/inquirer/world_us/20090725_Regulators_shut_6_Ga__banks__1_in_N_Y_.html

64 and counting …

[4plexowner]

Regulators shut 6 Ga. banks, 1 in N.Y.

http://www.philly.com/inquirer/world_us/20090725_Regulators_shut_6_Ga__banks__1_in_N_Y_.html

64 and counting …

[4plexowner]

Regulators shut 6 Ga. banks, 1 in N.Y.

http://www.philly.com/inquirer/world_us/20090725_Regulators_shut_6_Ga__banks__1_in_N_Y_.html

64 and counting …

[4plexowner]

jamsvet – I found that the lower the rent on a unit the more problems I had with the tenants – I managed all my units personally but won’t do that again if I buy more rentals in the future – I am also glad that I got out when I did (2002 to 2006)

I will buy more rental units in the future but I don’t think we are anywhere near a bottom in San Diego’s market – I suspect the rental market will get to the same point it was at in 1995/6 – the vacancy rate was high (8%?) by San Diego standards and landlords were not happy campers – move-in discounts, one month’s free rent, lowered rents and high vacancy rates did not make for profitable landlording and the price of rental property reflected that – we currently have increasing unemployment, dropping property prices and an outflow of people leaving San Diego – IMO all of these factors will result in lower rental rates and decreased prices for rental property

the downtown condo situation is another unknown factor for the rental market – way too many condos have been built (and continue to be built) downtown – I suspect that the majority of them will become rentals and it won’t surprise me if downtown condos become the next low-rent district in San Diego

time will tell …

[4plexowner]

jamsvet – I found that the lower the rent on a unit the more problems I had with the tenants – I managed all my units personally but won’t do that again if I buy more rentals in the future – I am also glad that I got out when I did (2002 to 2006)

I will buy more rental units in the future but I don’t think we are anywhere near a bottom in San Diego’s market – I suspect the rental market will get to the same point it was at in 1995/6 – the vacancy rate was high (8%?) by San Diego standards and landlords were not happy campers – move-in discounts, one month’s free rent, lowered rents and high vacancy rates did not make for profitable landlording and the price of rental property reflected that – we currently have increasing unemployment, dropping property prices and an outflow of people leaving San Diego – IMO all of these factors will result in lower rental rates and decreased prices for rental property

the downtown condo situation is another unknown factor for the rental market – way too many condos have been built (and continue to be built) downtown – I suspect that the majority of them will become rentals and it won’t surprise me if downtown condos become the next low-rent district in San Diego

time will tell …

[4plexowner]

jamsvet – I found that the lower the rent on a unit the more problems I had with the tenants – I managed all my units personally but won’t do that again if I buy more rentals in the future – I am also glad that I got out when I did (2002 to 2006)

I will buy more rental units in the future but I don’t think we are anywhere near a bottom in San Diego’s market – I suspect the rental market will get to the same point it was at in 1995/6 – the vacancy rate was high (8%?) by San Diego standards and landlords were not happy campers – move-in discounts, one month’s free rent, lowered rents and high vacancy rates did not make for profitable landlording and the price of rental property reflected that – we currently have increasing unemployment, dropping property prices and an outflow of people leaving San Diego – IMO all of these factors will result in lower rental rates and decreased prices for rental property

the downtown condo situation is another unknown factor for the rental market – way too many condos have been built (and continue to be built) downtown – I suspect that the majority of them will become rentals and it won’t surprise me if downtown condos become the next low-rent district in San Diego

time will tell …

[4plexowner]

jamsvet – I found that the lower the rent on a unit the more problems I had with the tenants – I managed all my units personally but won’t do that again if I buy more rentals in the future – I am also glad that I got out when I did (2002 to 2006)

I will buy more rental units in the future but I don’t think we are anywhere near a bottom in San Diego’s market – I suspect the rental market will get to the same point it was at in 1995/6 – the vacancy rate was high (8%?) by San Diego standards and landlords were not happy campers – move-in discounts, one month’s free rent, lowered rents and high vacancy rates did not make for profitable landlording and the price of rental property reflected that – we currently have increasing unemployment, dropping property prices and an outflow of people leaving San Diego – IMO all of these factors will result in lower rental rates and decreased prices for rental property

the downtown condo situation is another unknown factor for the rental market – way too many condos have been built (and continue to be built) downtown – I suspect that the majority of them will become rentals and it won’t surprise me if downtown condos become the next low-rent district in San Diego

time will tell …

[4plexowner]

jamsvet – I found that the lower the rent on a unit the more problems I had with the tenants – I managed all my units personally but won’t do that again if I buy more rentals in the future – I am also glad that I got out when I did (2002 to 2006)

I will buy more rental units in the future but I don’t think we are anywhere near a bottom in San Diego’s market – I suspect the rental market will get to the same point it was at in 1995/6 – the vacancy rate was high (8%?) by San Diego standards and landlords were not happy campers – move-in discounts, one month’s free rent, lowered rents and high vacancy rates did not make for profitable landlording and the price of rental property reflected that – we currently have increasing unemployment, dropping property prices and an outflow of people leaving San Diego – IMO all of these factors will result in lower rental rates and decreased prices for rental property

the downtown condo situation is another unknown factor for the rental market – way too many condos have been built (and continue to be built) downtown – I suspect that the majority of them will become rentals and it won’t surprise me if downtown condos become the next low-rent district in San Diego

time will tell …

[Author]

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