Forum Replies Created
-
AuthorPosts
-
an
Participant[quote=CDMA ENG]Really AN… Cali???
You think because there will be actual empirical data that the leadership of SD will study the effects and make a rational decision?
Stop thinking like engineers…
The decision will be based on special interest, and heart strings…
Facts and Politics is analogous to Oil and Water…
Sorry brother… you know this to be true… Sadly…
CE[/quote]I’m not saying that would happen. I’m saying that should happen. I agree with you that it’s more likely that the politicians will disregard the data coming out of Seattle one way or the other and would still push their own agenda.
Participant[quote=kj]You appear to be confusing subsidized affordable housing with additional supply resulting in affordable housing . [/quote]I totally agree. I feel like the OP is confused between subsidized affordable housing and additional supply which will drive down housing price. It’s economic 101. If you increase supply, prices will go down. Obviously, this condo complex won’t produce enough to make a dent in housing price, but can you imagine if all the current 1-2 stories apartment complex convert to high rise condos? I’m pretty sure that would be enough to drive down prices.
ParticipantI didn’t know negative interest rate is even an option. That’s very interesting to know. I wouldn’t mind getting a 1% fixed rate either, although, I doubt that would happen. Regardless, I feel like central banks around the world are starting to try and push for more inflation.
Participant[quote=livinincali][quote=AN]Looks like Seattle beat San Diego to the punch.
http://money.cnn.com/2014/06/03/smallbusiness/seattle-business-minimum-wage/index.html?iid=HP_LNWe’ll see soon enough what raising minimum wage will do to the local economy, bad or good.[/quote]
Good news. San Diego and the rest of the municipalities considering raising minimum wage should all chip in to do a comprehensive study of the impacts on Seattle. Then they can make an informed rational decision rather than one based on theories and emotions.[/quote]Exactly, since Seattle essentially volunteered itself as a guinea pig. We should totally take advantage of it. If it have a positive effect on Seattle’s economy, then maybe we can consider raising it past $15 as well. This will be real world proof of the theories that both sides are providing.
ParticipantLooks like Seattle beat San Diego to the punch.
http://money.cnn.com/2014/06/03/smallbusiness/seattle-business-minimum-wage/index.html?iid=HP_LNWe’ll see soon enough what raising minimum wage will do to the local economy, bad or good.
ParticipantIt really depends on who will do the job. If done by a professional, it would like like the door was never there. If it’s done by amateur or DIY, it’s very possible that it’ll look like there used to be a door there. I’ve done quite a few patches around the house, but it has always been a hit or miss with me regarding matching pre-existing texture. It might look easy, but it really isn’t.
Participant[quote=Huckleberry]I mean no disrespect, but I actually laughed out loud at the irony of this post coming from an author by the name of “treehugger”, especially the last sentence![/quote]LoL
Participant.
Participant[quote=CA renter]Joe, I agree with you that many of these families think of RE as the ultimate investment, and that they are often well-situated buyers/owners. The problem will be those who buy so many properties that they can’t have just their family members living in them, so they will have to rent them out to locals who might not be of the same caliber as those owners.[/quote]See, while some have a short sighted view on RE investment, other have a much longer view on things. They view RE investment as their retirement nest egg. I know many who are doing just what joec described. They move, keep their old house and rent them out. Now, those who are nearing retirement have 2-3 houses in nice upper middle class area with rent to supplement their retirement. They’ll either acquire more when the time arise or they’ll pass it on to their kids.
ParticipantLets see, over the last 4.5 decades, 70s and 80s and 2000s and 2010s are anomaly. So 90s are the only non-anomaly? That makes a lot of sense.
ParticipantRent were rising in the late 90s where I was looking. Rates this low is an anomaly if you start in 1960, but if you start in 1900, it’s not an anomaly. I expect when rate rises, inflation will also rise along with income. Just look at the 79s and 80s.
Participant[quote=CA renter]The Chinese family who bought with cash can accept a 3% return, and that might be just fine for as long as all other investments, especially “risk-free” bonds, are yielding practically nothing. But how long would they be willing and able to hang on if 10-year US Treasuries are yielding 6% or 7%, or more? And what if rents go down at the same time, and they’ve had a few bad apples as tenants? What would you do?[/quote]
When’s the last time you see US Treasuries yielding 6-7% while rent went down? If Treasuries yields 6-7%, what kind of appreciation do you expect from housing?Participant.
Participant[quote=CDMA ENG][quote=AN][quote=flu][quote=all]I don’t get it. If that is a side project he should not be working on it (i.e. contacting you) during business hours. And if it is not a side project someone likely made a mistake assigning the task to your coworker.[/quote]
He’s a junior person assigned to the project. No idea who/what they are doing….There’s nothing wrong with not knowing how to do it… But what is very funny is, if this was a test of how well someone can adapt to new things, this would be the contrarian indicator.[/quote]This is also what separate engineers from developers or worse yet “devs”.[/quote]
No it doesn’t…
I have met plenty of engineers that want to be spoon fed as well…
CE[/quote]
You mean devs 🙂 -
AuthorPosts
