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EconProf
ParticipantIt is their job to get it to you, so demand it. Best to have hard copy since the longer it is, the more specific and strict it is, and a hard copy is easier to read. BTW, your last private message to me did not come through, so try again.
EconProf
ParticipantIt is their job to get it to you, so demand it. Best to have hard copy since the longer it is, the more specific and strict it is, and a hard copy is easier to read. BTW, your last private message to me did not come through, so try again.
EconProf
ParticipantIt is their job to get it to you, so demand it. Best to have hard copy since the longer it is, the more specific and strict it is, and a hard copy is easier to read. BTW, your last private message to me did not come through, so try again.
EconProf
ParticipantBrian: Your past posts show you like big government spending and involvement in our lives and economy.
Please, PLEASE, build this garage and go through the permitting process yourself!EconProf
ParticipantBrian: Your past posts show you like big government spending and involvement in our lives and economy.
Please, PLEASE, build this garage and go through the permitting process yourself!EconProf
ParticipantBrian: Your past posts show you like big government spending and involvement in our lives and economy.
Please, PLEASE, build this garage and go through the permitting process yourself!EconProf
ParticipantBrian: Your past posts show you like big government spending and involvement in our lives and economy.
Please, PLEASE, build this garage and go through the permitting process yourself!EconProf
ParticipantBrian: Your past posts show you like big government spending and involvement in our lives and economy.
Please, PLEASE, build this garage and go through the permitting process yourself!EconProf
ParticipantWould like you to elaborate about Chase losing its power of attorney so unable to do foreclosures. I would think that would be big news, if true. Can you cite any sources we can look up? Thanks.
EconProf
ParticipantWould like you to elaborate about Chase losing its power of attorney so unable to do foreclosures. I would think that would be big news, if true. Can you cite any sources we can look up? Thanks.
EconProf
ParticipantWould like you to elaborate about Chase losing its power of attorney so unable to do foreclosures. I would think that would be big news, if true. Can you cite any sources we can look up? Thanks.
EconProf
ParticipantWould like you to elaborate about Chase losing its power of attorney so unable to do foreclosures. I would think that would be big news, if true. Can you cite any sources we can look up? Thanks.
EconProf
ParticipantWould like you to elaborate about Chase losing its power of attorney so unable to do foreclosures. I would think that would be big news, if true. Can you cite any sources we can look up? Thanks.
EconProf
Participantocrenter and clearfund raise some interesting points about the Santaluz golf club membership that prompt ruminations about how things have changed so radically in the past decade. Golf/membership clubs are reportedly in trouble nationwide, as baby-boomers age and golf less, expensive sports are shunned with our nation’s newfound austerity, and land and water rates rise.
Consider also the particular economics of a golf course: heavy up-front fixed costs, low marginal or variable costs (the cost of each additional user). This means the enterprise cannot thrive without volume, and in fact may have a breakeven point of perhaps 70% or 80% of capacity. Usage of both clubs is way below their potential, as we have observed.
Since Santaluz was conceived and planned in the heady post-stock market peak of 1999, and executed in the real estate bubble of 2000-2005, they assumed their expensive memberships would always have high and increasing demand, thus their lofty initial asking price. Now the gloom of our post-bubble economy is becoming permanent, some 10% + building pads of Santaluz sit vacant (and are selling for less than their initial 2003 or so price), and the membership prices have been cut, much to the chagrin, I suppose, of the original buyers. I imagine a lot of internal debate and gnashing of teeth preceeded this decision.
I suggest this is the new normal and a slew of other enterprises must rethink their business model in view of a permanent slow growth economy. -
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