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spdrun
ParticipantThat’s mostly the other side of shite infrastructure design. Things like this happen 1-2x per decade at least, and power grids should be designed to handle them. (Sandy was an outlier, since it hit during high tide, during a full moon — but not unprecedented either: look up the 1938 New England super-hurricane)
ParticipantDC can’t really be appreciated unless you walk around. Fly into National next time, take the train in (about 10 min) and walk around the Mall and Southeast, then go to Georgetown and up along CT and WI Avenues.
Maryland has national route 50 going into DC from the eastern shore, which is freeway a lot of the way. I don’t see the 2-lane feeder roads as being much different than the non-freeway portions of 74/76/78 east of Fallbrook and San Juan Capistrano — it’s just a matter of what you’re used to I guess.
ParticipantCoastal Maryland (too swampy) and DC area (too much traffic) definitely aren’t the finest parts of the Northeast, at least in my book. Much prefer parts of Mass, Vermont, and New Hampshire given a choice.
ParticipantFor what it’s worth … my friend paid high $200k’s in 2007 for a 3 bdr/2 bath house with garage and pool, due south of the Deer Valley airfield (and just inside the 101 beltway). I suspect it’s worth high $100s to low $200s right now, and it was built in the mid 90s.
No HOA thugs to harass her either, the neighborhood has no HOA nor deed covenants.
ParticipantIf it does, it does. But I suspect that Bearded Bennie will open his yapper and say something smart to keep the sheeple buying before it drops to 2008 levels.
ParticipantNo plans to retire, far too young for that. Just building up enough rental property to be able to have a comfortable income while going to grad school in two years. I’m interested in being a student or going back into research, but not a broke-ass one with loans out the cornhole. In short, I have no interest in living the financially miserable life of the average American.
@bearishgurl – if you don’t move to New Mexico or wherever you were looking, you could do a lot worse than a small college town in northern New England. Pretty scenery, generally walkable/bikeable in summer, and civilized but not boring people.ParticipantNot hoping for a systemic crash, but Dow dropping to 9 or 10k inside of a few months would be awesome. Basically hoping for a repeat of late-2011. Besides, a lot of the “imminent systemic crash” hype was just that — an excuse so that people wouldn’t be too outraged at Zimbabwe Bennie’s inflationary policies. That Flavor-Aid sure tasted gooooooood to the average Dumberican who doesn’t realize that they’ll be paying the price for the next 20 years.
ParticipantLooks pretty obvious from the bills and square footage.
ParticipantPersonally, I’m hoping for another crash (at least in the stock market — since the property market in my region is still down where prices belong). I only trade short-term at this point, so it won’t hurt me much, but it would be a hell of an opportunity. I feel like I took advantage of 2008, but not ENOUGH advantage.
(They tend to happen once every 10-20 years, not necessarily once in a lifetime, so here’s hoping! And no, I don’t give a rat’s ass about people who are stupid enough to overleverage.)
ParticipantSounds like you’re comparing a poorly-insulated McHome to a better-built smaller home in Phoenix. Apples to apples.
ParticipantEven if utility costs were 100% higher, you won’t be using twice as much electricity in SD as opposed to Phoenix. First off, you’ll have a smaller home. Secondly, A/C cost is the 1000-lb gorilla in the room in Phoenix, and is much lower in most parts of SD Co. Third, doesn’t the global warming solutions law come with some nice subsidies for home solar systems?
ParticipantThe policewoman(?) in back sure looks like Dick Cheney in drag.
ParticipantYeah, but you’d have had to have been Stevie Wonder not to see the 2008 crash and foreclosuremageddon as some sort of business opportunity.
ParticipantWhy? So your 401k starts looking like a 201k…
Because I had no 401k or 201k or whatever, just a decent freelance gig and a non-trivial bank account. (And no interest in investing prior to the 2008 crash, but that changed in the ensuing months and years.)
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