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The-Shoveler
ParticipantWhat you have to understand is the largest generation in history is just now coming into the household formation age and we are building like there was a declining population bust for the last 25 years..
The-Shoveler
ParticipantMy wife usually has all the time planned out from the minute we hit the tarmac,
We average about 4-5 hours a night in the hotel, I get home I have few few hours before I am due at work, I go to work and collapse LOL.
The-Shoveler
ParticipantLots of talk about Central banks REAL helicopter money and Fiscal money (not so much from the US fed, but other countries).
My other thought on this is that generally big crashes don’t happen until the little guy(s) are all in.
Most investors are sitting in cash right now.
Anyway IMO.
The-Shoveler
ParticipantI got to go with flu,
I was just reading an article that said investors are sitting on more cash than in the last 15 years, also they expect real helicopter money from the gov’s of Europe etc.. (ie… checks for everyone!!).
The-Shoveler
ParticipantThe hard reality is that the Land (bringing in utilities etc..) and entitlements are about 80% of the cost (more so the closer you get to the coast).
The hard truth (the Gov does not want cheap homes despite what the politicians say now and then).
The other hard truth there are limited resources for any given region.
The-Shoveler
ParticipantI am Boring too LOL.
I did have the travel bug when I was younger (and I did do quite a bit of traveling mostly for Biz), but now days I don’t have the urge.
My Wife may force me to travel though so it looks like I am going regardless LOL.
Me I think I could be happy spending retirement just walking on OC and SD beaches a few times a week.
The-Shoveler
ParticipantI was looking at some absolutely mind blowing population growth projections for California earlier this morning.
The current population in California is 38 million, which is project to grow to 60 million by 2050.
That is absolutely astounding if true, they need to be pounding nails as far as the eye can see for the next 35 years just to keep up if that is what the future really holds.
The-Shoveler
ParticipantThe Wife and I were taking a walk on the beach (which we do almost weekly) and she asked me what I plan to do in retirement.
I replied walk on the beach at least once a week, maybe spend a little more time at the GYM.
The-Shoveler
ParticipantIt is not just the happiness of perceived wealth,
The Gov has a real vested interest in rising tax base and moderate inflation (monetizing old debt).
July 12, 2016 at 4:02 PM in reply to: Prediction: San Diego market goes up 8%+ over the next year #799569The-Shoveler
ParticipantLOL even Trump talks about raising the minimum wage.
It’s gaining momentum
Two things I think we will see over the next term,
At least a $12 dollar Minimum wage.
and a single payer health care plan.
(well at least for those over 55).July 12, 2016 at 3:49 PM in reply to: Prediction: San Diego market goes up 8%+ over the next year #799567The-Shoveler
ParticipantWhat happens in California tends to spread to the rest of the nation.
have patience
July 12, 2016 at 3:44 PM in reply to: Prediction: San Diego market goes up 8%+ over the next year #799565The-Shoveler
ParticipantI don’t think the middle is making $15 (probably closer to $30 currently in SoCal).
But the Ideal is the same get those people to $40-45
It’s coming.
July 12, 2016 at 3:36 PM in reply to: Prediction: San Diego market goes up 8%+ over the next year #799563The-Shoveler
ParticipantI don’t think you read my post
but the Idea is that it is not about Minimum wage earners,
The Idea is to give the lower and lower middle a boost.
Less increments as you go up the ladder.
July 12, 2016 at 3:25 PM in reply to: Prediction: San Diego market goes up 8%+ over the next year #799561The-Shoveler
ParticipantI am going to assume that you know California minimum wage is set to go to $15 by 2022 ($10.00 now).
This is what I think most people don’t get about raising the minimum wage is it is NOT about minimum wage earners.
It’s about people making at least $15 now, the point is to get those people to $28-$30 dollars per hour.That’s the real point of it.
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