[njtosd]

[quote=SD Realtor]Kind of helps when you have jobs so that people need to go to those transportation hubs to come visit.

As much as everyone hates to hear it, unless you enhance opportunities for corporations to operate in the USA the more jobs will leave our country.

. . .
[/quote]

What about taking a small fraction ($1 billion) of the amount that has gone out in bail out money and give it back to the U.S. patent office? Congress has had a long habit of diverting funds from PTO coffers, resulting in a huge backlog of cases. Judge Paul Michel (a judge who sits on the the bench for the U.S. Court of Appeals that hears patent cases) wrote a very convincing article in the NYT entitled Inventing our Way Out of Joblessness that reached the following conclusion:

“So our guess is that restoring the patent office to full functionality would create, over the next three years, at least 675,000 and as many as 2.25 million jobs. Assuming a mid-range figure of 1.5 million, the price would be roughly $660 per job — and that would be 525 times more cost effective than the 2.5 million jobs created by the government’s $787 billion stimulus plan.”

Perhaps we wouldn’t have to decide about whether to let the market fall if we could something about creating more jobs. . .

[njtosd]

[quote=SD Realtor]Kind of helps when you have jobs so that people need to go to those transportation hubs to come visit.

As much as everyone hates to hear it, unless you enhance opportunities for corporations to operate in the USA the more jobs will leave our country.

. . .
[/quote]

What about taking a small fraction ($1 billion) of the amount that has gone out in bail out money and give it back to the U.S. patent office? Congress has had a long habit of diverting funds from PTO coffers, resulting in a huge backlog of cases. Judge Paul Michel (a judge who sits on the the bench for the U.S. Court of Appeals that hears patent cases) wrote a very convincing article in the NYT entitled Inventing our Way Out of Joblessness that reached the following conclusion:

“So our guess is that restoring the patent office to full functionality would create, over the next three years, at least 675,000 and as many as 2.25 million jobs. Assuming a mid-range figure of 1.5 million, the price would be roughly $660 per job — and that would be 525 times more cost effective than the 2.5 million jobs created by the government’s $787 billion stimulus plan.”

Perhaps we wouldn’t have to decide about whether to let the market fall if we could something about creating more jobs. . .

[njtosd]

[quote=flu]
Lol. His “study” probably didn’t account for a very practical observation by any parents who just a few days of experience with kids in cars…. Getting a toddler to sit still in a car seat is virtually impossible…A car seat harness is exactly what is needed to keep the kid from moving around. Seat belts might be as effective if the object in question isn’t squirming around. But normally, that isn’t the case for a toddler[/quote]

I totally agree with you – regarding toddlers and relatively young kids. But when you talk about continuing this practice up to the age of 8 (as it is here in NJ) or 10, I think it’s worth investigating the data that the rules are based on. And frankly, using age and weight, rather than height and weight (again, for older kids) seems puzzling.

[njtosd]

[quote=flu]
Lol. His “study” probably didn’t account for a very practical observation by any parents who just a few days of experience with kids in cars…. Getting a toddler to sit still in a car seat is virtually impossible…A car seat harness is exactly what is needed to keep the kid from moving around. Seat belts might be as effective if the object in question isn’t squirming around. But normally, that isn’t the case for a toddler[/quote]

I totally agree with you – regarding toddlers and relatively young kids. But when you talk about continuing this practice up to the age of 8 (as it is here in NJ) or 10, I think it’s worth investigating the data that the rules are based on. And frankly, using age and weight, rather than height and weight (again, for older kids) seems puzzling.

[njtosd]

[quote=flu]
Lol. His “study” probably didn’t account for a very practical observation by any parents who just a few days of experience with kids in cars…. Getting a toddler to sit still in a car seat is virtually impossible…A car seat harness is exactly what is needed to keep the kid from moving around. Seat belts might be as effective if the object in question isn’t squirming around. But normally, that isn’t the case for a toddler[/quote]

I totally agree with you – regarding toddlers and relatively young kids. But when you talk about continuing this practice up to the age of 8 (as it is here in NJ) or 10, I think it’s worth investigating the data that the rules are based on. And frankly, using age and weight, rather than height and weight (again, for older kids) seems puzzling.

[njtosd]

[quote=flu]
Lol. His “study” probably didn’t account for a very practical observation by any parents who just a few days of experience with kids in cars…. Getting a toddler to sit still in a car seat is virtually impossible…A car seat harness is exactly what is needed to keep the kid from moving around. Seat belts might be as effective if the object in question isn’t squirming around. But normally, that isn’t the case for a toddler[/quote]

I totally agree with you – regarding toddlers and relatively young kids. But when you talk about continuing this practice up to the age of 8 (as it is here in NJ) or 10, I think it’s worth investigating the data that the rules are based on. And frankly, using age and weight, rather than height and weight (again, for older kids) seems puzzling.

[njtosd]

[quote=flu]
Lol. His “study” probably didn’t account for a very practical observation by any parents who just a few days of experience with kids in cars…. Getting a toddler to sit still in a car seat is virtually impossible…A car seat harness is exactly what is needed to keep the kid from moving around. Seat belts might be as effective if the object in question isn’t squirming around. But normally, that isn’t the case for a toddler[/quote]

I totally agree with you – regarding toddlers and relatively young kids. But when you talk about continuing this practice up to the age of 8 (as it is here in NJ) or 10, I think it’s worth investigating the data that the rules are based on. And frankly, using age and weight, rather than height and weight (again, for older kids) seems puzzling.

[njtosd]

[quote=sdrealtor]nj
I think we would both agree that Detroit is an outlier and perhaps the area hardest hit by urban decay. Certainly not a good yardstick to compare a place like that that has declined incredibly with an area that has improved so much.

Based upon the CPI figures you quoted it sounds like the house still has potential downside if it sells for the asking price(10% max).

OK, more information. The house is in 92024 which has grown in desiareability over the last 22 years. That should be reflected in incomes with wealthier folks migrating in as well as increasing wages for all longtime residents. Anyone able to dig up median HH income in 92024 in 1988 and 2010.[/quote]

Regarding Detroit – just using it as an extreme example to illustrate a point. Median HH income for 92024 in 1988 was about $32.400; in 2008 (most recent I could find) in was about $82,200. If you want to take into account the CPI, it seems the adjusted median HH income has increased about 50%.

[njtosd]

[quote=sdrealtor]nj
I think we would both agree that Detroit is an outlier and perhaps the area hardest hit by urban decay. Certainly not a good yardstick to compare a place like that that has declined incredibly with an area that has improved so much.

Based upon the CPI figures you quoted it sounds like the house still has potential downside if it sells for the asking price(10% max).

OK, more information. The house is in 92024 which has grown in desiareability over the last 22 years. That should be reflected in incomes with wealthier folks migrating in as well as increasing wages for all longtime residents. Anyone able to dig up median HH income in 92024 in 1988 and 2010.[/quote]

Regarding Detroit – just using it as an extreme example to illustrate a point. Median HH income for 92024 in 1988 was about $32.400; in 2008 (most recent I could find) in was about $82,200. If you want to take into account the CPI, it seems the adjusted median HH income has increased about 50%.

[njtosd]

[quote=sdrealtor]nj
I think we would both agree that Detroit is an outlier and perhaps the area hardest hit by urban decay. Certainly not a good yardstick to compare a place like that that has declined incredibly with an area that has improved so much.

Based upon the CPI figures you quoted it sounds like the house still has potential downside if it sells for the asking price(10% max).

OK, more information. The house is in 92024 which has grown in desiareability over the last 22 years. That should be reflected in incomes with wealthier folks migrating in as well as increasing wages for all longtime residents. Anyone able to dig up median HH income in 92024 in 1988 and 2010.[/quote]

Regarding Detroit – just using it as an extreme example to illustrate a point. Median HH income for 92024 in 1988 was about $32.400; in 2008 (most recent I could find) in was about $82,200. If you want to take into account the CPI, it seems the adjusted median HH income has increased about 50%.

[njtosd]

[quote=sdrealtor]nj
I think we would both agree that Detroit is an outlier and perhaps the area hardest hit by urban decay. Certainly not a good yardstick to compare a place like that that has declined incredibly with an area that has improved so much.

Based upon the CPI figures you quoted it sounds like the house still has potential downside if it sells for the asking price(10% max).

OK, more information. The house is in 92024 which has grown in desiareability over the last 22 years. That should be reflected in incomes with wealthier folks migrating in as well as increasing wages for all longtime residents. Anyone able to dig up median HH income in 92024 in 1988 and 2010.[/quote]

Regarding Detroit – just using it as an extreme example to illustrate a point. Median HH income for 92024 in 1988 was about $32.400; in 2008 (most recent I could find) in was about $82,200. If you want to take into account the CPI, it seems the adjusted median HH income has increased about 50%.

[njtosd]

[quote=sdrealtor]nj
I think we would both agree that Detroit is an outlier and perhaps the area hardest hit by urban decay. Certainly not a good yardstick to compare a place like that that has declined incredibly with an area that has improved so much.

Based upon the CPI figures you quoted it sounds like the house still has potential downside if it sells for the asking price(10% max).

OK, more information. The house is in 92024 which has grown in desiareability over the last 22 years. That should be reflected in incomes with wealthier folks migrating in as well as increasing wages for all longtime residents. Anyone able to dig up median HH income in 92024 in 1988 and 2010.[/quote]

Regarding Detroit – just using it as an extreme example to illustrate a point. Median HH income for 92024 in 1988 was about $32.400; in 2008 (most recent I could find) in was about $82,200. If you want to take into account the CPI, it seems the adjusted median HH income has increased about 50%.

[njtosd]

[quote=urbanrealtor]
. . .
DIY2:
Purchased a house in the greater Clairemont area.
They went directly to the seller (who I guess they knew) and made an offer that resulted in the same seller net they would have gotten if they used an agent (but with less total purchase price). Note: this purchase was in mid-2003 during an accelerating boom market.

It was my observation, when running the numbers that the buyer had overpaid by a few percent but that this did not qualify as “getting screwed”. . . .[/quote]

urbanrealtor –

Can you provide a little more information about why you think the buyer overpaid (at the time) by a few percent? If the seller doesn’t mind, can you tell us how much (in dollars) you think was overpaid? Considering the number of factors that can vary from property to property, I would think it would be difficult to cut it that close. Are there any realtors who (publicly) attempt to predict the ultimate sale price of homes on the market? (Don’t know if that would be ethical – ).

[njtosd]

[quote=urbanrealtor]
. . .
DIY2:
Purchased a house in the greater Clairemont area.
They went directly to the seller (who I guess they knew) and made an offer that resulted in the same seller net they would have gotten if they used an agent (but with less total purchase price). Note: this purchase was in mid-2003 during an accelerating boom market.

It was my observation, when running the numbers that the buyer had overpaid by a few percent but that this did not qualify as “getting screwed”. . . .[/quote]

urbanrealtor –

Can you provide a little more information about why you think the buyer overpaid (at the time) by a few percent? If the seller doesn’t mind, can you tell us how much (in dollars) you think was overpaid? Considering the number of factors that can vary from property to property, I would think it would be difficult to cut it that close. Are there any realtors who (publicly) attempt to predict the ultimate sale price of homes on the market? (Don’t know if that would be ethical – ).

[njtosd]

[quote=urbanrealtor]
. . .
DIY2:
Purchased a house in the greater Clairemont area.
They went directly to the seller (who I guess they knew) and made an offer that resulted in the same seller net they would have gotten if they used an agent (but with less total purchase price). Note: this purchase was in mid-2003 during an accelerating boom market.

It was my observation, when running the numbers that the buyer had overpaid by a few percent but that this did not qualify as “getting screwed”. . . .[/quote]

urbanrealtor –

Can you provide a little more information about why you think the buyer overpaid (at the time) by a few percent? If the seller doesn’t mind, can you tell us how much (in dollars) you think was overpaid? Considering the number of factors that can vary from property to property, I would think it would be difficult to cut it that close. Are there any realtors who (publicly) attempt to predict the ultimate sale price of homes on the market? (Don’t know if that would be ethical – ).

[Author]

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