[spdrun]

The advantage of some parts of the outer boroughs is that you can get certain ingredients and have them be cheap and fresh. (i.e. multiple varieties of plantains)

Problem with Chinatown is that most buildings have not been co-oped and condoized, so the number of apartments (for sale) are slim pickings. Besides, NYC actually has at least three Chinatowns.

[spdrun]

I don’t think this study only covers downtown areas. At the very least, “suburban” parts of the city of SD are included, if not places like Encinitas and Carlsbad.

[spdrun]

If I lived NYC or any big city, I would get an apartment in a decent but not upscale walkup, remodel it with triple pane windows and live in the middle of it all.

Why not a house within city (5 borough) limits?

Tax is measured in the low hundreds per month, no co-op/condo board restrictions on rentals, and you can end up paying less than an apartment in the right (wrong?) area.

[spdrun]

I almost prefer less “nice” areas at this point. I have a friend who lives in an area of Queens that some people might turn their noses at. But there are a lot of advantages. Food/clothes are cheaper than in Manhattan or in the suburbs. Did I mention food? Lots of good Indian, Latin American, and Middle Eastern restaurants. You can buy a real detached house, not an apartment, for $250-300k, maybe less if a lot of renovation is needed. Shorter commute than from the ‘burbs, subways run every 10-15 min, and no train change is required to get to most of lower Manhattan. Actually more convenient than trendier parts of Brooklyn in that respect.

[spdrun]

As a buyer, never sign a contract with a parasite in the first place. What for?

[spdrun]

If I were holding to rent and not looking to flip, I’d keep my mouth shut, keep ahead of whatever structural issues the complex has, and not bother much getting the place prettified. Uglier complex = lower sale prices, for you to buy more condos. And really, if the location is the same, it doesn’t make much difference in rents.

[spdrun]

Right. Blame the average American who claims to be afraid of government, but is really scared of his own shadow. Thus the need for overpolicing and excessive militarization. Yay America! Rah! Rah! Rah!

[spdrun]

Which is funny, because he claims to be out to make money. Moral considerations aside, money is all the same color.

[spdrun]

Seems like FIH hates all of the ethnicities in his complex equally.

As far as other trashy tenants, who cares as long as you’re getting good rent? If anything, they drive down sale prices so you (FIH) can buy more units in the complex. Win.

[spdrun]

Sadly, a lot of racial supremacists were quite intelligent. (Historically.) See also: Henry Ford.

Some people seem to be hardwired to hate (or at least not respect) the Other, regardless of brain power.

[spdrun]

Maintaining everyone’s standard of living without much change is stability. Promoting clean energy and durable goods is stability. Planned obsolescence and fossil fools are environmental suicide, if not genocide.

The goal should be a gradually shrinking population (eventual goal: no more than 500 million on Earth) with a stable standard of living. Not consuming all of Gaia’s resources like drunken locusts.

[spdrun]

It’s their job to create stability. Stability and security is more important than growth for the average (non-exceptional) citizen.

[spdrun]

How many people you know like you sitting in cash?

And if they distrust the market already, why would a down leg make them trust it more?

[spdrun]

The-Shoveler: margin debt is very high. As far as housing bubbles, they’re just more local in nature as opposed to last time.

flu: wasn’t the .com crash in 2001 fast rather than slow? This is more of a slow deflation.

[spdrun]

You mean you have a choice between Time Warner/Spectrum and dial-up?

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