[Bitter Renter]

Seriously, if these news stories become commonplace, one thing that strikes me as a possibility is that in the not so distant future camera-equipped drones may be used by certain communities (to support their position of being not guilty). I can envision neighborhoods pooling their resources to purchase such items. The young, tech-savvy among them would operate the drones, while the remainder of the community lives in peace. Which begs the question, would the police in tomorrow’s assumed police state shoot the drones out of the sky? And how would the legal system adapt?

[Bitter Renter]

Just wondering how a 26 y/o has $110,000 savings, zero debt, excellent credit, secure $100,000+ job, fully funding 401k? If this is true, I’d say save your money and let the market go stagnant or down a bit. In a few years you may find a significant other with similar economic situation, then you’d have the option of having a $1,000,000+ home in a location of San Diego like Carmel Valley, etc. Even if you want to do this all on your own, with your income and a few years savings you could set your sights on a location such as Scripps Ranch.

[Bitter Renter]

Perhaps I could contribute a unique perspective on this topic. I dropped out of college and worked at a few refineries in NorCal in the 90’s as a union laborer. All the older workers (in their 50’s) told me to go back to college…that even though I was making $40K+, it wasn’t worth it. As union carpenters/iron workers they were pulling in over $50K at the time plus full pensions (brand new 2000 sq ft homes in the area at the time were selling for ~$180K). These guys looked like they were in their 60’s so I considered the cost/benefit analysis and realized that I should listen to them. So I did, and obtained a Bachelors in Chemistry, then a Masters. Now, 20 years later I am finally making what they made then. So, I ask what did I do wrong? I believe I should have stayed as a blue collar worker (and wore sunblock). Indeed, I would be in a much more financially stable position now.

[Bitter Renter]

Harvey…
Private sector vs. public sector.
Let me spell it out for you since I have worked both…
Public: Lower pay. No fringe benefits. No social security. No 401k matching. A “pension” in which 12 – 18% of annual pay is donated to. A semblance of job security…but the constant threat of privatization of your job is hung over your head. Skills not transferrable due to specialized nature of work. Healthcare is way MORE expensive (biggest misconception of new public employees).
Private: Better pay. Free coffee/childcare/gym/work-from-home,etc. Retire early or pay off house with the stock options you were given from all the years of DOW/NASDAQ gains + 401k matching of up to 8% or more. Golden parachute when laid off. Get better job due to inflated resume. Skills actually transferrable.
Healthcare contributions are much more affordable with most private companies.
Why am I working public now? Because I thought it was SO GREAT in terms of retirement benefits just like you. But guess what? I was ignorant and so are you.

[Bitter Renter]

http://www.realdealfurniture.com

Check out the reviews on yelp, etc.

[Bitter Renter]

http://www.realdealfurniture.com

Check out the reviews on yelp, etc.

[Bitter Renter]

http://www.realdealfurniture.com

Check out the reviews on yelp, etc.

[Bitter Renter]

http://www.realdealfurniture.com

Check out the reviews on yelp, etc.

[Bitter Renter]

http://www.realdealfurniture.com

Check out the reviews on yelp, etc.

[Bitter Renter]

Does anyone have any new information on this development? I looked a few months ago and subscribed to the interest list, but the price reductions don’t seem that great as of yet. Perhaps the Knolls, the last and largest of the four neighborhoods at Eureka Springs (anticipated to open Summer ’07), will be the true test of where these homes will ultimately sell for in the future. I would assume the Knolls will be priced from the mid $600’s, but in this market who knows?

[Bitter Renter]

Does anyone have any new information on this development? I looked a few months ago and subscribed to the interest list, but the price reductions don’t seem that great as of yet. Perhaps the Knolls, the last and largest of the four neighborhoods at Eureka Springs (anticipated to open Summer ’07), will be the true test of where these homes will ultimately sell for in the future. I would assume the Knolls will be priced from the mid $600’s, but in this market who knows?

[Author]

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