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XBoxBoy
ParticipantI watch La Jolla’s market pretty carefully, and I can tell you that prices just keep going up. Inventory isn’t that tight, but most of the places that sit on the market are not very good.
Zillow also shows huge (crazy?) jumps in the last 6 months to a year. (Here’s a place that in Jan 2015 was 2.5 mil. Today Zillow says over 5 mil)
http://www.zillow.com/homes/6126-Avenida-Cresta-LN-Jolla-CA-92037_rb/
I don’t know what to make of these huge jumps on Zillow because that’s way beyond the increases I’ve seen, but still…
Is it a bubble? Beats me. I can’t see the reason that prices will fall, but on the other hand I don’t believe that prices can continue to climb 10% or more a year while salaries and income only climb at a couple percent at best. Where does it stop? What causes it to stop? I’d love to know the answers to those questions, but ya got me on that.
ParticipantIt’s probably worth noting that there is very little if any evidence that working out leads to weight loss.
http://www.vox.com/2016/4/28/11518804/weight-loss-exercise-myth-burn-calories
ParticipantHere’s an ad being run by an anti-trump PAC
https://www.youtube.com/watch?v=OkSRJSUY0vs
Given that women are 50% of voters, this could be a problem…
Participant[quote=flyer]Imo, per usual, all of the candidates are selling promises to the masses upon which they can’t deliver–and the masses on both sides of the spectrum are buying into the rhetoric in spades.[/quote]
+1
Participant[quote=joec]Campaigns primarily stop when they run out of money.[/quote]
While running out of money is a problem for a candidate, in the nomination race if your opponent gets over 50% of the delegates pledged to her (or him) it’s game over no matter how much money you have.
Participant[quote=FlyerInHi]I kinda like his hardass attitude. He says that when someone “hits” you, you have to hit back, otherwise, you’re seen as soft and weak.[/quote]
Yeah, but hitting back is how small disagreements turn into wars.
ParticipantI’ve noticed that several houses in my immediate neighborhood that have gone pending are still shown by zillow as active. None of these houses show up on Redfin or SDLookup.
Participant[quote=utcsox]
Out of control job creation in San Diego continue. I will say Donald Trump deserves most of the credit for this. [/quote]You’re trolling right? ’cause that’s got to be the most illogical thing I’ve seen written on this site in long time. (And you’ve got some pretty serious competition in that category.)
ParticipantIf you haven’t seen John Oliver’s takedown of Donald Trump, not only is it pretty funny, he’ll give you some reasons to not vote for Trump.
Participant[quote=bearishgurl]He’s will mobilize the best people in the country to do all the “dirty work” on his agenda and then immediately take to following around seasoned bureaucrats assigned to him as well as heads of Federal agencies to learn the “lay of the land” and will prove to be a “quick study.” This was (inexperienced) Arnold Schwarzenegger’s MO after he was elected Governor of CA and it worked.[/quote]
BG, you’ve made the claim that Trump will hire experts and follow their advice thus we needn’t worry several times, but there are a couple problems with this.
1) Every president hires a crew of experts. There is nothing different about Trump that will cause him to hire “better” experts. You pick Arnold as your example of this working, but I can pick G.W.Bush or Barack Obama as counter examples. (Both hired experts and ended up being fairly ineffective presidents largely due to the experts they surrounded themselves with.)
2) Even experts make serious mistakes. Henry Kissinger was always regarded as one of America’s foremost experts on foreign relations. Yet he’s one of the last people I want my president to rely on for advice. And you do remember Alan Greenspan (The Maestro) don’t you?
3) There is nothing in Trump’s business experience to support the idea that he will hire experts and develop them into a cohesive well functioning team. Quite the contrary. His business (real estate) is largely one with small staffing requirements, mostly of people who follow direction well. As far as I can see, there is no evidence that Trump has real leadership skills. (Unless you consider bullying the same as leadership)
Participant[quote=flu]This country is now run by fear and hate. Both parties have discovered it’s a much better way to get votes than actually trying to do something productive to move the country forward. That’s why our political landscape swings so far to the left and so far to the right every 8 years or so. Because one party’s agenda is to stroke extreme fear and hate on the other side when the other side is in charge, that the next election cycle, the pendulum swings widely in the opposite direction the next cycle.
[/quote]There’s a long history in this country (and in plenty of other countries) of using fear and hate for political gain. Seems to me that it’s worse now than it was 20-30 years ago, but I’m pretty sure it was far worse at previous times. (When the Irish came due to the potato famine for instance)
Despite it’s long history, I have to agree that it’s pretty awful the way this fear mongering has came back in style.
ParticipantHate Costco. Refuse to go there. Poor selection, long lines. Can’t see what people find so wonderful about the place. The most unpleasant shopping experience there is.
February 23, 2016 at 2:55 PM in reply to: How will unfunded “pensions” affect the local economy? #794770Participant[quote=harvey][quote=XBoxBoy]Not sure how to fix that, but it seems to me to be a big issue lurking out there.[/quote]
How to fix what?
My belief is that the only problem the government needs to fix is the risk of the elderly and disabled becoming destitute. Government has a responsibility to address humanitarian risks that could impact large populations.
And the federal government fixed that problem decades ago with Social Security and Medicare.
It’s not a responsibility of government to ensure a comfortable retirement for everyone.[/quote]
Whoa wait a minute!!! Where did I say I thought the govt. should do any of the fixin’?
My comment was to point out that from where I sit, there’s going to be a lot of people who are going to be really surprised that they aren’t going to be able to work until they drop and that they are going to find their standard of living will drop significantly when they find themselves retired.
That seems to be the fault of those people, and to be a symptom of moving from defined benefit plans to 401ks. To me the problem mostly stems from people not being savvy enough or responsible enough to plan for their retirement. I don’t know how to fix that lack of knowledge and responsibility. But mostly definitely don’t take that to imply the govt. should fix it.
February 23, 2016 at 7:31 AM in reply to: How will unfunded “pensions” affect the local economy? #794729Participant[quote=Parabolica]The problem with defined contributions plans as I see it is that the vast majority of working people lack the financial sophistication required to invest for their retirement. [/quote]
I have no idea who is right in this argument or what is fair, but I’d like to point out another issue that worries me about defined benefit vs 401k. That is that 401ks are generally optional, while defined benefit are not. I have well educated, professional friends working in high tech careers, in their late 50s who have never put any money into a 401 or any retirement plan (other than social security). Compare that to govt. workers or teachers who have no choice but to contribute. Not only are people not savvy enough to manage the financial waters, they aren’t savvy enough to figure out they need to save to have a retirement fund. Not sure how to fix that, but it seems to me to be a big issue lurking out there.
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