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no_such_reality
ParticipantSo when people who were onsite said
What people on site?
Plus, since when are 757’s built like bunker busters?
Simple physics time. kinetic Energy = 1/2 *m v^2
Cruising speed of a 757 is .8 Mach. or 270. Intentional dive and crash speed will be faster.
Weight of a empty 757 = 65000KG
Weight of fuel in aircraft = 11466 gallons at 6.84 lbs or 3.1 Kg or 35,000 Kg of fuel.
total craft weight 100,000 KG.
Energy density for combustion (explosion) of jet Fuel = 42.8 MJ/kg or 42,800,00 J/Kg
Kinetic Energy = 0.5 * 100,000 * 270 * 270 = 3,645,000,000 J (Joules)
Energy of unused fuel at 80% remaining = 0.8*35000* 42,800,000 = 1,218,077,275,484 J
Energy of a ton of TNT explosive = 4,184,000,000 Joules.
TNT equivalent of plane was a Ton of TNT.
TNT equivalent of remaining fuel was 290 Tons of TNTAn Exocet missle, used to turn a ship in the Falkland islands war into a floating slag has a warhead equivalent of 1/6th a Ton TNT. So the plane by itself slammed into the building like 6 Exocets.
For a massive ordinance penatrator bomb (bunker buster) weighs 13,600 KG ( 1/7th of the plane weight) it’s warhead is 2.7 tonnes, 1/100th of the energy in the plane’s fuel.
ParticipantBasij Mostazafan.
All I need to know about President Ahmadinejad is that he’s part of the Basij movement during the Iran-Iraq war. Sending waves of martyrs and children to clear minefields. To this day he aligns and revels in Basij propaganda frequently wearing the Basij black and white symbolic scarf in appearances.
Ahmadinejad is the culture of death.
ParticipantLet’s adjust these numbers for inflation and transaction costs. The CPI numbers are available here by month.
If you subtract the common 6% transaction cost for broker commission and deflate the remaining money to purchase month/year equivalency, 50% of those deals lost money.
1646 Tennis Match Encinitas 6-03 499K 12-06 627K LC (less commission “clear”) $589 DD(Deflated Dollars equivalence) $537. A winner with CAGR of 2.1% above inflation.
1117 Lemon El Cajon 10-04 310K 12-06 389K LC $365 DD $346. Winner #2.
4503 Sierra Morena Carlsbad 7-03 440K 12-06 509K LC $478, DD $437. First loser, but not bad, basically break even. Hopefully his mortgage was cheap.
2876 Vista Acedra Carlsbad 1-04 800K 12-06 905K LC $851, DD $782. Loser $18K in Jan 2004 dollars or about $20K in todays dollars.
9276 Birch Spring Valley 11-04 475K 12-06 640K LC $602, DD $570, our Big Winner. Provided they didn’t rehab the property.
6151 Veemac La Mesa 6-04 398K 12-06 REO 410K Hey, it’s REO, obviously the owner lost. But the bank… Well, in June 2004 dollars that $410K is only $386K. If they paid a commission, all the worse, LC $385 DD $362. Ouch looks like even the banks lose.
2407 Sweet Sage Chula Vista 3-05 726K 12-06 820K Alright, a nice quick flip for $100K, but… LC $771, DD $739. Well, any profit is a profit. Hopefully they didn’t do anything to the house, because lately, even $45K of paper profit gets eaten quickly.
1586 Piedmont Chula Vista 3-04 455K 12-06 540K LC $508, DD $472. Winner #5.
717 Esla Chula Vista 4-04 530K 12-06 595K LC $559, DD $522. Loser #4
2524 Camino Narciso Chula Vista 4-04 720K 12-06 775K LC $728, DD $680. Real loss = $40K Ouch, our big loser. #5.
Let’s Make A Deal!
ParticipantHere ya go PS, take a look at the Windsor tower photo again. You can see in the aftermath and during the fire that the steel structure was collapsing. Since the Windsor building has a solid reinforced concrete core and the fire was on top, it didn’t drive into the ground.
The WTC, the fire and impact was about the 80th floor. Now imagine if the 80-85 floors heated and twisted like the top of the Windsor building did in the after picture on Wikipedia, however, unlike Windsor, WTC had another 20 floors on top.
ParticipantExiting has turned into a series of lawsuits in Huntington Beach and the OC.
You may wish to check it out, if I recall correctly, the City prevailed and essentially, since you enter below market or with assistance, need to sell in the same manner.
ParticipantIs PowaySellers account hijacked?
First Bush & Co murders thousands in a never before accomplished plot to start a war and enrich themselves. Now Greenspan is conspiring to defraud millions of American home owners.
Here’s my conspiracy theory. Talbott knowing writes a crap conspiracy theory because he knows people will by millions of copies as the housing market slows and he gets rich.
ParticipantI have a degree in aerospace engineering. The history of aerospace is replete with accidents
This wasn’t an accident.
ParticipantParticipantHello 2019.
Okay, math time…
$1241 average rent with an 3.8% increase.
Median condo price in Central SD $419,000.
Condo Payment = $2512
Condo Property Tax = ~$400.
Condo Association = ~$200.
Total = $3112
less tax savings = ~$2000/moRatio of after tax owning to rent $2000/1241 = 1.61
Years til parity 1.038^(years) = 1.61
yields 13 years.So, if rents keep appreciating at the current rate, my rent will be on par with owning provided I don’t get an association increase or spend any money on maintenace in about the 2019.
Provided the condo glut doesn’t depress rents.
Woe is me.
Of course, maybe you prefer the Apartment Owners Association Poll claiming 5.8%, great parity is reached in 2014.
ParticipantAN, if you’re expectation is 100% that the price on the home is going down 20% then yes, waiting is the solution. But that isn’t housing market. In 2005, some zip codes and homes saw 15% gains while others saw 15% losses.
If you look at the housing market and say hmm: maybe it goes down 20%, maybe only down 10%, maybe it stays flat, maybe it actually paces inflation and you get a variety of answers. The only way waiting works is IF it goes down and down significantly. Will interest rates stay flat, with they climb?
How long have we be saying that the market needs to correct? If you’d had done the sell and wait in 2004, you could be in for a long wait still to get back to even.
That’s my point, if you need a place to live that can support a family and want a yard, the move up sale still makes sense if you drive a good deal and can afford the payments. If you don’t assume and assured drop in price, the math points to a wash.
ParticipantWhat’s the historical sales average?
Along with prices, how distorted are the sales numbers? Sure, were down 30% on sales volume from last year, but… the sales rate was at hysterical volumes.
naturally, as the city grows, the gross number will go up, but I’m looking for the long range Sales/capita essentially.
Does anybody have a spin on that number?
ParticipantAN, simple, if you don’t sell the place today and move into a rental, your $160K down which is profit from the sale today, vaporizes. If you wait to sell after the slide, and you only have enough after commission for less than 10% down. So by waiting to sell, you have to finance $590K of the buy. That means 80% first, and a second for about $76K.
So $600K – comission(36K) – purchase price (400K) = $164K investable.
Waiting: $600K – 20% slide ($120K) – commission ($29K) – purchase price ($400K) = $51K investable.
Buying the $800K after the 20% slide at $640K with $51K down = $589K in loans. = 80% first (512K) and a second of ($77K).
$512k @ 7% = $3406.35/month (PI)
$77k second @ 7% = $512.28/month (PI)
Total = $3918 plus PMI on second. That’s probably low since a second will run more. If you finance 90% LTV straight up, with probably run a point above prevailing rate making it 8% which would push the PI to $4300/month.Versus $800k @ 6% w/20% down = $3837.12/month (PI) today.
No moving, no hassles, just the need to be able to make the payments.
ParticipantI think anybody would have a problem if they went from $250,000 to $150,000 in income and hadn’t planned it.
Unfortunately, any money board discussions are full of these lame brains.
Here’s what they should do…
1> He should get a bleeping job again.
2> either rent the investment houses or sell them.
3> if you’re still debating the need for a private phone number because of the $3 charge, GET RID OF THE HORSE!ParticipantI think anybody would have a problem if they went from $250,000 to $150,000 in income and hadn’t planned it.
Unfortunately, any money board discussions are full of these lame brains.
Here’s what they should do…
1> He should get a bleeping job again.
2> either rent the investment houses or sell them.
3> if you’re still debating the need for a private phone number because of the $3 charge, GET RID OF THE HORSE! -
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