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[quote=ucodegen][quote=no_such_reality]
I’m more curious what benefits FiH thinks is getting/coming from IoT?

CNET best smart home devices of 2017, Echo #1 and two color changing dimmable connect for remote management lightbulbs #2 & #3.

Seriously, a color changing lightbulb…[/quote]
A long time ago, I noticed that it was not worth arguing with FiH on personal benefits of certain things.

That said, I do see use in IoT devices like networked sprinkler controllers (considering fiddling with this), weather and precipitation sensors, and light controllers. Justification:

1) sprinkler controllers – depending upon what is at a house, it may be useful to water somethings once a week, others a small dribble every day, and others three times a week. It would also be useful to have the system be able to drop watering on a single day due to rain. Most residential systems today do something like ‘gang’ watering. All connections go through the cycle for the designated time.

2) Precipitation sensor – can be used to feed into the sprinkler controller

3) Light control – for when you go on vacation. You could really randomize the lights.

There are others – but this is some of what I see. I also see the IoT manufacturers try to do lock-ins as opposed to standardizing the communication. The other part that bothers me is the perceived need to have all of these things run an HTTP server.. really? For sprinkler controllers all that is needed is a simple datagram interface.[/quote]

I’m intrigued by the automated gardening systems like Farmbot and Gardenbot. For a raised bed and specific crops it has potential, granted, at built price mighty expensive vegetables…

For in ground landscaping, not so much. Unfortunately, for landscaping, consistency is the key. Consistency across large areas, as in entire neighborhoods. If your neighbor is deadheading the lawn, xeri- or hardscaping your ability to maintain traditional trees and eastern lawn will be impacted. With little or no water on their property, they basically become a hole your watering flows into.

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[quote=ucodegen][quote=FlyerInHi]Interesting ucodegen. I take it you don’t trust IoT which is growing fast.
I’ll take my chances for the convenience.

Even the new LED street lamps are now connected. Maybe one day the Russians will hack us and shut down everything. Like Y2K but much worse.[/quote]
Its not IoT that I don’t trust, it is the current group of manufacturers that I don’t trust. As for hacking them, it might actually be the Chinese because many of the devices are made in China. China has been known to create backdoors in hardware.

https://tech.slashdot.org/story/17/03/05/1828202/hidden-backdoor-discovered-in-chinese-iot-devices

http://www.information-age.com/security-backdoor-found-in-china-made-us-military-chip-2105468/

https://www.techworm.net/2015/08/lenovo-pcs-and-laptops-seem-to-have-a-bios-level-backdoor.html%5B/quote%5D

I’m more curious what benefits FiH thinks is getting/coming from IoT?

CNET best smart home devices of 2017, Echo #1 and two color changing dimmable connect for remote management lightbulbs #2 & #3.

Seriously, a color changing lightbulb…

[no_such_reality]

[quote=spdrun]At least it still works, isn’t tied to someone’s “clown”.[/quote]

Like me Spdrun, you’re in the minority on that. Most people don’t get that corporations aren’t their friend. That google, facebook, amazon and the grocery store tracking tracking every purchase and page view isn’t about making it better.

The reality is all the data sole purpose is for the corporation to learn how to push your button and goad you. They disguise it as improving products or making products for you but the reality is the changes are mostly trigger items with very low marginally utility.

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[quote=spdrun]
(3) Everyone is blaming United, not the overgrown mall cops.
[/quote]

Yea, the media just keeps ignoring that point because they might accidentally start idenitfy how many government ‘agencies’ have their own semi-militarized quazi-police that operate under the protection and guise of being considered police under the law without the oversight

Funny point #4: the dude that did the dragging, isn’t even one of the over grown mall security guards, he’s a private contractor working from a 3rd party company filling in the role of mall security.

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[quote=outtamojo]Fine lines sometimes separate being hypocritical and changing one’s mind – I am hoping for the latter. Is this the day Trump became president? Is this the day Trump became a …man? I hope so- now we just have to work on the misogyny.

https://www.yahoo.com/news/trumps-alt-right-fans-bail-syria-strikes-130839954.html

When the alt-right is unhappy, I am happy.[/quote]

I hope I’m wrong, but the cynic in me thinks he’s an old man that still thinks like back in the day and he can just walk in and slap ‘these people’ around and everybody will fall in line.

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UCLA provides some stunning statistics. They have stats on each fall admission since 1998.

For 2016, the bottom 25% quartile had an unweighted GPA of 3.85, with 16 honors courses and a weighted GPA of 4.29

The intersection of mostly A’s and lots of honors courses is pretty clearly outlined. All the extra isn’t.

http://www.admission.ucla.edu/Prospect/Adm_fr/Frosh_Prof16.htm

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There’s two forms of time involved. The time doing the actual negotiations and shopping around the dealers and the time just churning the asynchronous email game.

Granted some of that time might be time you otherwise piddle away reading internet gossip, but part of it is actually checking dealers to verify they have the car, contacting fleet, ping ponging emails etc.

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I have a purchase coming up. Do me a favor, track your hours and tell me how much total time you spend to get the deal over the two gimme deal of some discounts off Msrp and few hundred over “invoice”

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Might be a HUD backed program, BofA has a very similar name for it.

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[quote=Rich Toscano][quote=no_such_reality]It does apply. 5X with around 4% loan equates out to a front end DTI of 40% on a $317 loan. So technically with no debt basically you’re tapped out to $317k plus down payment

Low down payment adds PMI.[/quote]

It doesn’t look like SD homes have EVER sold for 5x (median home vs. median hh income), even at their cheapest.

How can you say this rule of thumb applies in SD, when it’s never actually happened that way? I guess you can argue that it SHOULD apply, but that’s a whole different point from the one I was trying to make.[/quote]

I read it as a multiplier of affordability not a multiplier of what median should be. I.e. At current rates a person can by roughly 5x their in one. Previously at different t time depending on rates they said 3x or 4x

The OP said what people could afford is 5x. The next argue that median a have never been 5x and I pointed out that 5x still caps what a person can buy (with a loan). ( actually that’s all messed up several people between there). It was you saying it’s more and I agree it is. But that doesn’t change the the question of what can a income by and when could a median income buy a new SFR here

I give up trying to fix typos on this iPhone

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It does apply. 5X with around 4% loan equates out to a front end DTI of 40% on a $317 loan. So technically with no debt basically you’re tapped out to $317k plus down payment

Low down payment adds PMI.

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Poorer areas = lower attainment
more affluent = higher attainment.

The chart can be misleading. If you scroll the chart up to LA and look at the West side, you kind of think whoa, that’s a lot of blue for advanced degrees.

IF you check the census and compare Rancho Santa Fe, Irvine and Santa Monica you realize the Santa Monica is actually the lowest of the three for advance degree percentage. In fact, RSF, being low density, blows both out with full ten percentage points higher ratio of advance degrees.

The chart, IMHO, really needs to be corrected for population density.

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Found the explanation of CPS versus BEA data here

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[quote=AN]INCOME AND BENEFITS (IN 2015 INFLATION-ADJUSTED DOLLARS)
vs
INCOME AND BENEFITS (IN 2010 INFLATION-ADJUSTED DOLLARS)

I guess that where I misunderstood. If both said:
INCOME AND BENEFITS (IN 2017 INFLATION-ADJUSTED DOLLARS)
or
INCOME AND BENEFITS (INFLATION-ADJUSTED DOLLARS)

then I wouldn’t make the mistake I did. But if both # are 2017 inflation adjusted $, then I think there are A LOT more people in my area making A LOT more $ than I thought compare to the people around here just 7 years ago. AWESOME. Makes me even more positive on the strength of the hands of the owners.[/quote]

AN, the issue is as you noted that the individual sub-tables are labeled wrong in the 5 Yr ACS survey. The Table link itself is labeled as in 2015 inflation adjusted dollars. The issue isn’t doing inflation backwards, it’s applying inflation twice.

If you trace the numbers through the individual 1 yr ACS surveys, you see the difference. The 5 Yr ACS is acknowledge as the most accurate of the three ACS surveys

The one year ACS shows 2015 median income at $67,320 +/-$1448, the 5 yr corrects it to $64,309 +/- $514. (Yes, I recognize those don’t overlap). Likewise the 2010 5 YR shows $63,089 +/-$464 in 2015 dollar (note accessing the table directly removes the mislabeling) The 1 Yr shows it as $59,923 +/-$1075.

The BEA attempts to explain the differences between the surveys here.

Although I’m not even going to try an rationalize the Census reporting aggregate income in 2015 of $100B for the county, while the BEA reports $175B or why one shows a 20% nominal growth from 2010 to 2015 and the other 28%.

My original basic point was that upper income group is growing dynamically and that housing build out isn’t. Leaving motivated high income people to fight or aging dated stock.

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Yes, I will agree that obviously there is something amiss with the census data. I suspect the table on the 5-yr ACS is in error in saying 2010 Dollars when they appear to be constant 2015 dollars.

Together it makes more sense when combined with the BLS numbers and the Census quintile share of income numbers.

The census typically under reports income.

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