Forum Replies Created
-
AuthorPosts
-
The-Shoveler
ParticipantProjector HDTVs kind of meet both those spec’s
100″
roll-up screen.ParticipantThe Metro Rail station in the City of riverside is very close for those on the north west side of MV as well.
The place will grow.
ParticipantGot to go with what patb says,
Electricity from the utility wire is just going to get more and more expensive, (would not want to be in L.A.-DWP’s area, they got a lot of pension funding to make up).
More and more people will be installing these.
ParticipantThere is a lot of industry in RC, also city of industry and diamond bar etc… are very close, maybe 20-30 minute’s drive from a lot of MV,
Most LA workers (no matter how close they start out from work) end up an hour away after ten or so years unless they work for the city or something, very unusual for people in private industry to stay with same employer more than 5-10 years.
Most L.A. workers drive 30-40 minutes.
August 30, 2013 at 11:11 AM in reply to: OT: On the killing floor; immigrations impacts on wages #764934ParticipantHow about we all sit on a beach and have robot servants?
Just kidding,
I like the scene in the matrix where the agent was explaining that they tried to create paradise but they found that the people just died if they did not have to struggle to survive.ParticipantIn the case of L.A. some of those old hoods have degraded quite a bit in the last 20 years.
That whole urban revitalization thing is not quite happening in most of L.A.
ParticipantIt’s all about the margins, next guy up the ladder needs a little more to differ from the guy below etc..
Effect would probably be a lot less the further you go up the ladder.But these days there are a lot more people being reduced to the lower rungs.
ParticipantIt’s just a guess, but the very act of tying minimum wage to CPI will start the process I think same as using assets prices in the CPI used to.
ParticipantMy guess as to what will happen,
Remember this is what I think is most likely to happen IMO, not what I think should happen but what I think is most likely to occur.The Gov will first raise minimum wage to around 9 or 10 dollars then tie it to CPI.
Wage inflation will then reach about 5 to 6% and may even get to 7% by 2018.
Anyway that’s what I think is most likely to occur but we will see.There were way too many differences in Fed Gold deposit requirements which kept the fed from printing money during the great depression, so there are no comparisons to what is occurring now and what happened then. Even Minimum wage did not start until 1938.
The wheel barrows of money to buy a loaf of bread thing is not likely in any event.
ParticipantWell I don’t remember anyone being foreclosed either in the 70’s that I knew.
It was much better than what we just went through I can tell you that.
Also I think The west coast fared much better, I remember being envious of the guy’s doing construction work, they were working overtime.
They built a lot of homes in the 70’s.
someone had to build them, someone had to buy them.
http://www.macrotrends.net/1314/housing-starts-historical-chart
ParticipantThis was Key,
“One thing you have to remember here as well is that before 1981/2 the cost of a house was used to calculate the cost of living (not rent as is the case now).”
You did not feel you were falling behind really.
ParticipantFunny you did not notice it as much cause everything was going up (even your pay),
But yea it was like hitting the lottery to be a home owner in those days.
And yea I rented until the 80’s I was having too much fun to pay attention though.Yep those horrible 70’s where no one would order the domestic beer at the Disco.
ParticipantOne thing you have to remember here as well is that before 1981/2 the cost of a house was used to calculate the cost of living (not rent as is the case now).
so really as long as everyone is getting cost of living raises then housing bubbles are well they are much harder to have.
Something I think did not register to the buyers in the last bubble or the one in the late 80’s (inflation was not there to save them).
Like I always said this could have ended a lot different. but in the end, it was they way they wanted it to end.
ParticipantI can tell you L.A. earners fared somewhat better than the national especially in the 80’s.
Yea but I know nothing… -
AuthorPosts
