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blahblahblah
ParticipantYep, that’s the real sure way to make money in real estate — selling seminars about how to make money in real estate! Works in any market.
The sad part is that there is probably a lot of money to be made in a place like Vegas. Buy el turdo homes for $20K, give ’em the granite treatment and sell ’em to FHA buyers for $80K. Even better, tote the note if you’ve got the cash. A motivated individual could get a few of these going and pipeline them, would probably make a decent salary, maybe over $200K/year. Unfortunately it would also be a lot of hard work and you’d be stuck in el turdo Vegas. You’d be at risk of developing a drinking, gambling, or hooker problem too.
ParticipantI have a lot of theories, blah blah blah. Here’s another theory: it (economic depression) will end with riots in the streets of most large cities, and huge increases in crime, frightening increases particularly in cities like San Diego (proximity to Mexico, large poor illegal immigrant population). This has implications for housing prices.
It implies there IS a specialty sector of housing that will appreciate significantly more than most: homes buried deep inside the (presently) safest areas plus residing within WALLED zones that you can only enter at single gate manned with armed security guards.
You just described many developments in the Las Vegas area. Gated entry manned by armed guards is very common there. Unfortunately those homes have fallen in value just as much as everything else there has.
Speaking of Vegas, you can buy houses there for $20K! For real, go look.
As for the value of walled, gated compounds, unless they produce their own food, water, energy, and electricity they’re not going to do anyone a damn bit of good.
ParticipantI have a lot of theories, blah blah blah. Here’s another theory: it (economic depression) will end with riots in the streets of most large cities, and huge increases in crime, frightening increases particularly in cities like San Diego (proximity to Mexico, large poor illegal immigrant population). This has implications for housing prices.
It implies there IS a specialty sector of housing that will appreciate significantly more than most: homes buried deep inside the (presently) safest areas plus residing within WALLED zones that you can only enter at single gate manned with armed security guards.
You just described many developments in the Las Vegas area. Gated entry manned by armed guards is very common there. Unfortunately those homes have fallen in value just as much as everything else there has.
Speaking of Vegas, you can buy houses there for $20K! For real, go look.
As for the value of walled, gated compounds, unless they produce their own food, water, energy, and electricity they’re not going to do anyone a damn bit of good.
ParticipantI have a lot of theories, blah blah blah. Here’s another theory: it (economic depression) will end with riots in the streets of most large cities, and huge increases in crime, frightening increases particularly in cities like San Diego (proximity to Mexico, large poor illegal immigrant population). This has implications for housing prices.
It implies there IS a specialty sector of housing that will appreciate significantly more than most: homes buried deep inside the (presently) safest areas plus residing within WALLED zones that you can only enter at single gate manned with armed security guards.
You just described many developments in the Las Vegas area. Gated entry manned by armed guards is very common there. Unfortunately those homes have fallen in value just as much as everything else there has.
Speaking of Vegas, you can buy houses there for $20K! For real, go look.
As for the value of walled, gated compounds, unless they produce their own food, water, energy, and electricity they’re not going to do anyone a damn bit of good.
ParticipantI have a lot of theories, blah blah blah. Here’s another theory: it (economic depression) will end with riots in the streets of most large cities, and huge increases in crime, frightening increases particularly in cities like San Diego (proximity to Mexico, large poor illegal immigrant population). This has implications for housing prices.
It implies there IS a specialty sector of housing that will appreciate significantly more than most: homes buried deep inside the (presently) safest areas plus residing within WALLED zones that you can only enter at single gate manned with armed security guards.
You just described many developments in the Las Vegas area. Gated entry manned by armed guards is very common there. Unfortunately those homes have fallen in value just as much as everything else there has.
Speaking of Vegas, you can buy houses there for $20K! For real, go look.
As for the value of walled, gated compounds, unless they produce their own food, water, energy, and electricity they’re not going to do anyone a damn bit of good.
ParticipantI have a lot of theories, blah blah blah. Here’s another theory: it (economic depression) will end with riots in the streets of most large cities, and huge increases in crime, frightening increases particularly in cities like San Diego (proximity to Mexico, large poor illegal immigrant population). This has implications for housing prices.
It implies there IS a specialty sector of housing that will appreciate significantly more than most: homes buried deep inside the (presently) safest areas plus residing within WALLED zones that you can only enter at single gate manned with armed security guards.
You just described many developments in the Las Vegas area. Gated entry manned by armed guards is very common there. Unfortunately those homes have fallen in value just as much as everything else there has.
Speaking of Vegas, you can buy houses there for $20K! For real, go look.
As for the value of walled, gated compounds, unless they produce their own food, water, energy, and electricity they’re not going to do anyone a damn bit of good.
July 20, 2010 at 6:25 AM in reply to: OT: NYT article on, among other things, the limits of our ability to acknowledge what we don’t know #580260Participant[quote=Arraya]http://www.boston.com/bostonglobe/ideas/articles/2010/07/11/how_facts_backfire/
In the end, truth will out. Won’t it?Maybe not. Recently, a few political scientists have begun to discover a human tendency deeply discouraging to anyone with faith in the power of information. It’s this: Facts don’t necessarily have the power to change our minds. In fact, quite the opposite. In a series of studies in 2005 and 2006, researchers at the University of Michigan found that when misinformed people, particularly political partisans, were exposed to corrected facts in news stories, they rarely changed their minds. In fact, they often became even more strongly set in their beliefs. Facts, they found, were not curing misinformation. Like an underpowered antibiotic, facts could actually make misinformation even stronger.
This bodes ill for a democracy, because most voters — the people making decisions about how the country runs — aren’t blank slates. They already have beliefs, and a set of facts lodged in their minds. The problem is that sometimes the things they think they know are objectively, provably false. And in the presence of the correct information, such people react very, very differently than the merely uninformed. Instead of changing their minds to reflect the correct information, they can entrench themselves even deeper.[/quote]
Interesting but no surprise, really. I’ve come to the same conclusion just reading the comments section on internet blogs.
July 20, 2010 at 6:25 AM in reply to: OT: NYT article on, among other things, the limits of our ability to acknowledge what we don’t know #580354Participant[quote=Arraya]http://www.boston.com/bostonglobe/ideas/articles/2010/07/11/how_facts_backfire/
In the end, truth will out. Won’t it?Maybe not. Recently, a few political scientists have begun to discover a human tendency deeply discouraging to anyone with faith in the power of information. It’s this: Facts don’t necessarily have the power to change our minds. In fact, quite the opposite. In a series of studies in 2005 and 2006, researchers at the University of Michigan found that when misinformed people, particularly political partisans, were exposed to corrected facts in news stories, they rarely changed their minds. In fact, they often became even more strongly set in their beliefs. Facts, they found, were not curing misinformation. Like an underpowered antibiotic, facts could actually make misinformation even stronger.
This bodes ill for a democracy, because most voters — the people making decisions about how the country runs — aren’t blank slates. They already have beliefs, and a set of facts lodged in their minds. The problem is that sometimes the things they think they know are objectively, provably false. And in the presence of the correct information, such people react very, very differently than the merely uninformed. Instead of changing their minds to reflect the correct information, they can entrench themselves even deeper.[/quote]
Interesting but no surprise, really. I’ve come to the same conclusion just reading the comments section on internet blogs.
July 20, 2010 at 6:25 AM in reply to: OT: NYT article on, among other things, the limits of our ability to acknowledge what we don’t know #580884Participant[quote=Arraya]http://www.boston.com/bostonglobe/ideas/articles/2010/07/11/how_facts_backfire/
In the end, truth will out. Won’t it?Maybe not. Recently, a few political scientists have begun to discover a human tendency deeply discouraging to anyone with faith in the power of information. It’s this: Facts don’t necessarily have the power to change our minds. In fact, quite the opposite. In a series of studies in 2005 and 2006, researchers at the University of Michigan found that when misinformed people, particularly political partisans, were exposed to corrected facts in news stories, they rarely changed their minds. In fact, they often became even more strongly set in their beliefs. Facts, they found, were not curing misinformation. Like an underpowered antibiotic, facts could actually make misinformation even stronger.
This bodes ill for a democracy, because most voters — the people making decisions about how the country runs — aren’t blank slates. They already have beliefs, and a set of facts lodged in their minds. The problem is that sometimes the things they think they know are objectively, provably false. And in the presence of the correct information, such people react very, very differently than the merely uninformed. Instead of changing their minds to reflect the correct information, they can entrench themselves even deeper.[/quote]
Interesting but no surprise, really. I’ve come to the same conclusion just reading the comments section on internet blogs.
July 20, 2010 at 6:25 AM in reply to: OT: NYT article on, among other things, the limits of our ability to acknowledge what we don’t know #580989Participant[quote=Arraya]http://www.boston.com/bostonglobe/ideas/articles/2010/07/11/how_facts_backfire/
In the end, truth will out. Won’t it?Maybe not. Recently, a few political scientists have begun to discover a human tendency deeply discouraging to anyone with faith in the power of information. It’s this: Facts don’t necessarily have the power to change our minds. In fact, quite the opposite. In a series of studies in 2005 and 2006, researchers at the University of Michigan found that when misinformed people, particularly political partisans, were exposed to corrected facts in news stories, they rarely changed their minds. In fact, they often became even more strongly set in their beliefs. Facts, they found, were not curing misinformation. Like an underpowered antibiotic, facts could actually make misinformation even stronger.
This bodes ill for a democracy, because most voters — the people making decisions about how the country runs — aren’t blank slates. They already have beliefs, and a set of facts lodged in their minds. The problem is that sometimes the things they think they know are objectively, provably false. And in the presence of the correct information, such people react very, very differently than the merely uninformed. Instead of changing their minds to reflect the correct information, they can entrench themselves even deeper.[/quote]
Interesting but no surprise, really. I’ve come to the same conclusion just reading the comments section on internet blogs.
July 20, 2010 at 6:25 AM in reply to: OT: NYT article on, among other things, the limits of our ability to acknowledge what we don’t know #581291Participant[quote=Arraya]http://www.boston.com/bostonglobe/ideas/articles/2010/07/11/how_facts_backfire/
In the end, truth will out. Won’t it?Maybe not. Recently, a few political scientists have begun to discover a human tendency deeply discouraging to anyone with faith in the power of information. It’s this: Facts don’t necessarily have the power to change our minds. In fact, quite the opposite. In a series of studies in 2005 and 2006, researchers at the University of Michigan found that when misinformed people, particularly political partisans, were exposed to corrected facts in news stories, they rarely changed their minds. In fact, they often became even more strongly set in their beliefs. Facts, they found, were not curing misinformation. Like an underpowered antibiotic, facts could actually make misinformation even stronger.
This bodes ill for a democracy, because most voters — the people making decisions about how the country runs — aren’t blank slates. They already have beliefs, and a set of facts lodged in their minds. The problem is that sometimes the things they think they know are objectively, provably false. And in the presence of the correct information, such people react very, very differently than the merely uninformed. Instead of changing their minds to reflect the correct information, they can entrench themselves even deeper.[/quote]
Interesting but no surprise, really. I’ve come to the same conclusion just reading the comments section on internet blogs.
ParticipantNice one, that is a good ppsf. I don’t think you’ll be sorry. Welcome to the darkside…
ParticipantNice one, that is a good ppsf. I don’t think you’ll be sorry. Welcome to the darkside…
ParticipantNice one, that is a good ppsf. I don’t think you’ll be sorry. Welcome to the darkside…
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