[spdrun]

Just because the liberal idiots in Washington are beating their chests about wanting higher real estate prices doesn’t mean that they’ll get them.

Especially with a GOP congress (yay, at least in this respect!) who’s just itching to rein in the GSEs and make lending “safe.”

[spdrun]

Time is not free.

Time is being compensated by the higher rent.

[spdrun]

Why fix it? Embrace deflation. And if the North American frack/shale industry crashes and burns, good riddance.

[spdrun]

From the way I understand it The fed will be back to aggressive mode to cool the dollars rise.

Don’t be so sure that QE4 will help at this point, since it will be taken as an admission that the economy is in the dumps. Plus there’s huge political pressure (thanks GOP Congress) not to do it.

[spdrun]

And like any other Craigslist transaction, you’ll wait around for 45 minutes wondering if the other party will even show up. No thanks.

Having used Uber and Lyft a handful of times now, this is definitely the way of the future. No more standing out on your stoop wondering when the taxi will show up. With the apps you know who’s coming, what their track record is, what they’re driving, and you see their location on the map in real time

I’d rather have something like Hailo or E-hail. App summons the taxi, driver pays a commission to the app designer for each hail, passengers pay good, old-fashioned, cold, hard cash.

[spdrun]

I suspect another 25 basis points and the economy will be entering the deflationary sh!tter.

[spdrun]

Should be interesting — Dear Leader is talking about cutting FHA insurance fees by from 1.35% to 0.85% this year tomorrow.

Yay for more unqualified buyers.

[spdrun]

Don’t forget about other costs of turnover like paint, extra cleaning, maintenance & repair issues, etc.

If maintenance is needed, it can be done anyway. Paint is cheap. And I’m happy to do everything myself so labor is “free.”

[spdrun]

Another company moving to a sh!tty state that offered a healthy bribe. If I worked for them and had to move to Atlanta to keep my job, I’d be irate. To put it mildly.

http://www.wsj.com/articles/mercedes-benz-usa-to-move-headquarters-to-atlanta-1420558581

[spdrun]

Also, a lot of the bulk sales were bundled junk. Things like houses in partially completed developments in lizardia, or bundles of a few hundred houses in unknown condition, questionable titles, etc.

[spdrun]

The 8.3% vacancy risk assumes that it stays vacant for a month and that the likelihood of the tenant moving out is 100%. Neither of which are likely if the current rent is below market.

Give adequate notice of the rent hike, and you’ll know what the tenant plans to do well in advance, so you can start advertising the place before s/he leaves.

[spdrun]

Why raise prices in any business to reflect increased costs of doing business? It’s a business, not a charity last I checked.

If the tenant gets pissed off, then they know where the door is.

[spdrun]

I’d prefer something like Craigslist ride share. Transaction is handled anonymously without any ID snooping and by cash. Same as a taxi. I can hail one and pay cash without being snooped upon by corporate assholes.

[spdrun]

You’re assuming that most people (absent energy costs) want to live in high-density town center type of developments. 20 and 30 somethings might, academics who value a sense of community might, but the average Joe just wants cheap, low-density, junky boxes.

And if you read about it, recent gains in auto sales have been mostly fueled by pickup trucks and EthYooVeeth.

[spdrun]

Uber is a taxi dispatcher replacement, not a car replacement. Most people don’t want to “share” a car with others, because it would require removal of personal stuff from the car after every trip. All of the irritation of a taxi trip without even having someone drive the cab for you.

Remember that the tail end of the “back to the land” hippie generation was the primo market for SUVs. Attitudes change with age.

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