[Rich Toscano]

[quote=6packscaredy]Diligence diet and effort. [/quote]

I’m out.

[Rich Toscano]

PS – Amazing job… Rip be damned. (I neglected to mention that his tears are mostly bbq sauce).

[Rich Toscano]

[quote=6packscaredy]Stopped dead for now.[/quote]

Somewhere in Texas, Mark Rippetoe sheds a silent tear…

[Rich Toscano]

How’s your back squat doing?

[Rich Toscano]

[quote=oooreallly]Man, cleanup in isle 1…..

I think there should be a new policy that says new accounts can’t start new threads unless they have a minimum of 10 posts in other people’s thread.[/quote]

That’s not a capability I have… however, if you click the “report spam” link on a spam comment or post, you can report it to me and I will delete it.

BTW what you see is what’s coming through the spam filtering service I have… it typically blocks about 200 spam attempts per day. More have been sneaking through lately as the spammers have upped their game; I have to delete those manually.

[Rich Toscano]

[quote=no_such_reality]

Have we really fallen that far or was the peak really that high? Is the whole thing being masked by a shift in quality and type?[/quote]

That’s comparing same-hole sales so it’s hard to see how there could be a real big shift in quality. Trashed foreclosures would be one way I guess. But generally, that’s as close as we have to an accurate aggregate number.

[Rich Toscano]

[quote=thebazman]

Maybe those people buying at “record highs” from 2003 to 2007 weren’t crazy after all. It’s just like riding out the highs and lows of the stock market. This looks almost the same as what my 401(k) did a few years ago.

I’m being slightly sarcastic, but there might be some truth there if the prices stay on the current trajectory.

Thanks for the link to the article.[/quote]

(YMMV for different sub-markets, but that is the aggregate picture)

[Rich Toscano]

Probably a wise strategy… 😉

[Rich Toscano]

Tsk tsk… that’s cheating.

[Rich Toscano]

For electric I used to have a Bradley Smoker. It was cool because you could put these wood pellet things in a feeder, and it kept the temp at a set level, so you didn’t have to tend to it at all.

Downsides:
– It was hard to get it up to temp… when full it would take a long time, and every time you opened the door it would cool down a lot.
– It’s harder to baste (or “mop” in the bbq vernacular) because everything is stacked up.
– It’s not all weather, it needs to be kept out of the rain (even if you use the cover that comes with it). This is why I don’t have it any more.

I switched over to a Big Steel Keg (since it can be both a smoker and a grill) which I love but that’s charcoal and requires more babysitting.

A friend of mine has a simpler one that’s bullet shaped and just has a pan of water in the bottom, and you put wood chips next to the heating elements. That seems to work fine too. Don’t know the brand.

The beauty of smoking is that it is very error tolerant… all kinds of stuff works.

On that note, 350 is not necessary for poultry. Maybe it works fine, but I’ve never gone above 250 for low and slow.

[Rich Toscano]

[quote=FormerSanDiegan]
I believe that this old thread (started in 2011) was revived by a spam post.

Any replay to a spam post (done by clicking the “reply” button directly associated with that post) will be deleted if the spam post is deleted.

So, if a thread is revived by a spammer (sometimes these result in interesting revisits of the topic, which is a funny benefit of the spam) it’s best to click the “add a comment” button associated with the original post so that content is not deleted with the spam.[/quote]

Yep, this has got to be it. Unfortunately the only way to “report” spammers to the filter (so it can learn) involves deleting them, and if a comment is deleted, all its replies are deleted too (that’s just the way the system works, I cannot control it). So if you directly replied to a spam comment which was later deleted, your comment would have been taken down too.

I think that’s what must have happened here. Sorry about that er… your post was collateral damage in the war on spammers…

Rich

[Rich Toscano]

BTW, a sneak preview of the valuations… as of last month, price to income and price to rent ratios were both within 2% of their historical median values.

[Rich Toscano]

[quote=barnaby33]
On that note though, does anyone have a strong opinion about when interest rates will rise, because that is the driver of all of this. [/quote]

Anyone who “knows” the answer to this question is delusional or a liar…

[Rich Toscano]

[quote=CA renter]

I wonder if the shift in market mix is hiding the price inflation of housing, though. In our neighborhood, and other mid to high-mid areas that I’ve been following, prices are pretty much back to bubble highs.
[/quote]

I don’t think that is much of an issue; I am using the Case-Shiller index which is uses repeat sales of the same home.

I suspect that outside of some “special” markets like CV, if you are seeing anything near peak prices on some houses, it’s due to massive upgrades.

[Rich Toscano]

Great post sdduuuude.

Things selling fast, or prices going up fast, don’t necessarily make for a bubble. To me, a necessary condition of a bubble is that valuations are extremely high on a historical basis. We just aren’t there on housing — not even close.

I have been meaning to update the long term valuation charts and will soon when I get some time. But, just extrapolating from last year’s chart, we are probably pretty close to “fair value” (which I define as the median historical price to income or price to rent ratio).

More charts soon-ish!

[Author]

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