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EconProf
ParticipantDrunk guy gets stopped by cops. Given sobriety test. Asked usual questions. How many drinks? Just two. Why were you weaving? I like to. Why can’t you stand up straight? Bad back. When did you have your last drink? I haven’t had it yet.
EconProf
ParticipantDrunk guy gets stopped by cops. Given sobriety test. Asked usual questions. How many drinks? Just two. Why were you weaving? I like to. Why can’t you stand up straight? Bad back. When did you have your last drink? I haven’t had it yet.
EconProf
ParticipantDrunk guy gets stopped by cops. Given sobriety test. Asked usual questions. How many drinks? Just two. Why were you weaving? I like to. Why can’t you stand up straight? Bad back. When did you have your last drink? I haven’t had it yet.
EconProf
ParticipantCRE is much more prone to violent swings than residential properties. Supply and demand factors impact quickly the market prices and rents, unlike the slower moving housing and apt. markets, making prices less “sticky”.
Of late there have actually been some signs of a bottoming in CRE. Some indicators of price are actually up in recent markets. Stocks of CRE-related companies are up. REIT stocks are especially strong over the last year. Bottom-fishers are prowling and finding credit available since prices have fallen so drastically.EconProf
ParticipantCRE is much more prone to violent swings than residential properties. Supply and demand factors impact quickly the market prices and rents, unlike the slower moving housing and apt. markets, making prices less “sticky”.
Of late there have actually been some signs of a bottoming in CRE. Some indicators of price are actually up in recent markets. Stocks of CRE-related companies are up. REIT stocks are especially strong over the last year. Bottom-fishers are prowling and finding credit available since prices have fallen so drastically.EconProf
ParticipantCRE is much more prone to violent swings than residential properties. Supply and demand factors impact quickly the market prices and rents, unlike the slower moving housing and apt. markets, making prices less “sticky”.
Of late there have actually been some signs of a bottoming in CRE. Some indicators of price are actually up in recent markets. Stocks of CRE-related companies are up. REIT stocks are especially strong over the last year. Bottom-fishers are prowling and finding credit available since prices have fallen so drastically.EconProf
ParticipantCRE is much more prone to violent swings than residential properties. Supply and demand factors impact quickly the market prices and rents, unlike the slower moving housing and apt. markets, making prices less “sticky”.
Of late there have actually been some signs of a bottoming in CRE. Some indicators of price are actually up in recent markets. Stocks of CRE-related companies are up. REIT stocks are especially strong over the last year. Bottom-fishers are prowling and finding credit available since prices have fallen so drastically.EconProf
ParticipantCRE is much more prone to violent swings than residential properties. Supply and demand factors impact quickly the market prices and rents, unlike the slower moving housing and apt. markets, making prices less “sticky”.
Of late there have actually been some signs of a bottoming in CRE. Some indicators of price are actually up in recent markets. Stocks of CRE-related companies are up. REIT stocks are especially strong over the last year. Bottom-fishers are prowling and finding credit available since prices have fallen so drastically.EconProf
ParticipantYour history is right but your interpretation suspect. The East India Company was a government-created monopoly; essentially an arm of the British government. True conservatives hate government sponsored monopolies. The colonists wanted free trade & knew they would prosper under open markets.
As to the previous post, let’s not condemn rightfully earned profits. They are part of what makes the system work and they pay your income, whether private or public. And yes, property rights were a key reason why the American revolution occurred.EconProf
ParticipantYour history is right but your interpretation suspect. The East India Company was a government-created monopoly; essentially an arm of the British government. True conservatives hate government sponsored monopolies. The colonists wanted free trade & knew they would prosper under open markets.
As to the previous post, let’s not condemn rightfully earned profits. They are part of what makes the system work and they pay your income, whether private or public. And yes, property rights were a key reason why the American revolution occurred.EconProf
ParticipantYour history is right but your interpretation suspect. The East India Company was a government-created monopoly; essentially an arm of the British government. True conservatives hate government sponsored monopolies. The colonists wanted free trade & knew they would prosper under open markets.
As to the previous post, let’s not condemn rightfully earned profits. They are part of what makes the system work and they pay your income, whether private or public. And yes, property rights were a key reason why the American revolution occurred.EconProf
ParticipantYour history is right but your interpretation suspect. The East India Company was a government-created monopoly; essentially an arm of the British government. True conservatives hate government sponsored monopolies. The colonists wanted free trade & knew they would prosper under open markets.
As to the previous post, let’s not condemn rightfully earned profits. They are part of what makes the system work and they pay your income, whether private or public. And yes, property rights were a key reason why the American revolution occurred.EconProf
ParticipantYour history is right but your interpretation suspect. The East India Company was a government-created monopoly; essentially an arm of the British government. True conservatives hate government sponsored monopolies. The colonists wanted free trade & knew they would prosper under open markets.
As to the previous post, let’s not condemn rightfully earned profits. They are part of what makes the system work and they pay your income, whether private or public. And yes, property rights were a key reason why the American revolution occurred.EconProf
ParticipantA state tax credit for buying new homes in CA is so wrong on so many fronts, I don’t know where to begin.
For one thing it helps the rich(er) at the expense of all taxpayers. Only the upper 1/2 or 1/4 of income earnings are buying new homes, generally speaking. Renters especially should be incensed at this subsidy to homebuyers and homebuilders.
And why should this bankrupt state, bleeding jobs, businesses, and middle-class taxpayers be handing out subsidies at all?
The tax credit even operates at cross-purposes to our professed goals. While the politicians claim to want to help underwater homeowners, they subsidize more new homebuilding, thus adding to supply and keeping prices from rising eventually due to natural market forces. The solution to the overbuilding and glut of empty houses is to slow building for a while. -
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