Housing Bubble, credit bubble, public planning, land use, zoning and transportation in the exurban environment. Specific criticism of smart growth, neotradtional, forms based, new urbanism and other top down planner schemes to increase urban extent and density. Ventura County, California specific examples.
Tuesday, October 31, 2017
But... but... -Earthquakes!-
This is the time of year when it is still safe and not particularly cruel to give back a little of the "why do you live there?" dished out to California the rest of the year. Don't worry. There are no less than 5 anti California rants in the hopper.
In 5-8 years we all slightly better than poor types will be crawling into our motor homes at 2 am and telling the pilot auto to get us to Yosemite then going to the back and going back to sleep.
I AM SORRY MR DAWG. THERE WAS A BIT OF CLOUDINESS AND WE ARE SPENDING AN EXTRA TWENTY MINUTES AT THE RECHARGE STATION. THIS WILL DELAY OUR ARRIVAL BY 12 MINUTES.
Must see? Getty Museum, Beverly hills, Shop on Rodeo Dr. well window shop at least, Foodies dream everywhere, Santa Monica pier, Griffith observatory, Concert at the Hollywood bowl.
I don't drive more then that anymore at about 68-70 MPH. See America, get an unlimited data plan to keep in touch. Satellite maps are great to pre drive where you are going including parking lots. I-10 doesn't have snowy mountains to deal with either.
Full employment numbers are a false indicator driven by part time jobs. Hours worked peaked a few years ago and are down, still flat. No wage pressure still. Inflation is everywhere but FED cherry picking leads them to blind.
Magnitude 4.3 - moment magnitude (Mw) Time Thursday, October 26, 2017 at 1:38:51 PM (PDT) Thursday, October 26, 2017 at 20:38:51 (UTC) Distance from Lompoc, CA - 32 km (20 miles) SW (220 degrees) Vandenberg Village, CA - 37 km (23 miles) SSW (211 degrees) Vandenberg Air Force Base, CA - 39 km (24 miles) SSW (202 degrees) Buellton, CA - 49 km (31 miles) WSW (244 degrees) Los Alamos, CA - 51 km (32 miles) SW (226 degrees) Coordinates 34 deg. 25.3 min. N (34.421N), 120 deg. 40.7 min. W (120.678W) Depth 4.35 km (2.7 miles)
It is very messed up. You could have 2% U3 and a huge population not working, many having 2-3 part time jobs. Then what is full time? It used to be considered 40 Hrs a week. That being said and average of part time and full time means there are more part time jobs then full time when the average hours worked comes out to 34.4 a week. This also includes overtime which is probably very little anymore. I think it is easy to miss as they count jobs not individual people. Hours worked show us that the labor pool is plentiful and there is no shortage to create wage pressure. IMO.
Sorry no pic my unicorn is out being groomed right now. :)
Wait. I'm poor and without power. Then again I've never known someone who looked rich who stayed rich. Likewise all the people I know who I know are rich have never looked like it. There's something I'm missing.
You are too, rich. The truly rich don't care. I would like to look at some well dressed people, as long as it isn't me that has to make the effort all the time.
Buffet is really a Scrooge and doesn't spend his money. Others who piss it away are really returning their profits improving the velocity.
I don't need to make money but it keeps me busy and I lack nothing. Fun is finding deals, refurbish on the cheap and have more toys. Extravagantly cheap.
Yeah, how is velocity doing? Hasn't been mentioned in a while. Read an Ole Dawg post from 2006 about foreclosures from when the wave was about to break. Interest to see the change of writing style.
Fiost... Home from work cuz there's no power...😁
ReplyDeleteIs this good or bad?
ReplyDeleteIt was cold last nite, but warm now
ReplyDeleteThere is hardly any traffic.
Only place to work if you want to shoot up big rockets, except Vanderburg admittedly in Cali. Pay high,n jobs many.
ReplyDeleteOur Hispanics are much nicer than tour Hispanics, seemingly.
DeleteYour Hispanics
DeleteI've never been there. Can I criticize anyway?
ReplyDeleteI'd arrange to have you picked up and dropped off at LAX if you and hubs ever visit. Make a must visit list and let's make it happen.
ReplyDeleteHub can't fly.
Delete>Hub can't fly.
DeleteI can, but boy do my arms get tired
You put down your money and take your chances.
ReplyDeleteI predict there will be a winter in the next six months in New England. No one will predict an earthquake in the next six years.
ReplyDeleteI predict at least one 3.5 or greater in the southern half of Kali during the next 6 years
DeleteWe all need to put our brains together and make the list of must see for Liz visiting SoCal.
ReplyDeleteI wish I could.
ReplyDeleteMotor Home, Not some old Winnebago but a bus diesel pusher, Hotel on wheels! ;)
ReplyDeleteIf that is a suggestion, he has to drive himself,,and not more than 3 or 4 hour s a day.
DeleteIn 5-8 years we all slightly better than poor types will be crawling into our motor homes at 2 am and telling the pilot auto to get us to Yosemite then going to the back and going back to sleep.
ReplyDeleteNamely rich!
DeleteI AM SORRY MR DAWG. THERE WAS A BIT OF CLOUDINESS AND WE ARE SPENDING AN EXTRA TWENTY MINUTES AT THE RECHARGE STATION. THIS WILL DELAY OUR ARRIVAL BY 12 MINUTES.
ReplyDeleteMust see? Getty Museum, Beverly hills, Shop on Rodeo Dr. well window shop at least, Foodies dream everywhere, Santa Monica pier, Griffith observatory, Concert at the Hollywood bowl.
ReplyDeleteNice. The observatory at the college efsc, was broken by the hurricane, and they have no money to fix it. :((.
ReplyDeletePrivate employment went up to 235k and expected to go up nicely next month. Hurricanes and constructio you know. Close to full employment dawg?
ReplyDeleteGood Morning!
ReplyDeleteI don't drive more then that anymore at about 68-70 MPH. See America, get an unlimited data plan to keep in touch. Satellite maps are great to pre drive where you are going including parking lots. I-10 doesn't have snowy mountains to deal with either.
Full employment numbers are a false indicator driven by part time jobs. Hours worked peaked a few years ago and are down, still flat. No wage pressure still. Inflation is everywhere but FED cherry picking leads them to blind.
ReplyDeleteU3 is still going down I think. Will check.
ReplyDeleteU6 is what I meant. 8.3 ratTo me full employment is 3.9, u6 7.7... iF u6 is going dorm perhaps hours qrk are going down automatically
ReplyDeleteYear Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
ReplyDelete2007 34.3 34.3 34.4 34.4 34.4 34.5 34.4 34.4 34.4 34.3 34.4 34.4
2008 34.4 34.4 34.4 34.3 34.4 34.4 34.3 34.3 34.2 34.2 34.1 33.9
2009 34.0 34.1 33.8 33.8 33.8 33.7 33.8 33.8 33.9 33.8 33.9 33.9
2010 34.0 33.8 34.0 34.1 34.1 34.1 34.2 34.2 34.3 34.3 34.2 34.3
2011 34.2 34.3 34.3 34.4 34.4 34.3 34.4 34.3 34.4 34.4 34.4 34.4
2012 34.5 34.5 34.5 34.5 34.3 34.4 34.4 34.4 34.4 34.4 34.4 34.5
2013 34.4 34.5 34.5 34.4 34.4 34.5 34.4 34.5 34.4 34.4 34.5 34.3
2014 34.4 34.3 34.6 34.5 34.5 34.5 34.5 34.5 34.5 34.5 34.6 34.6
2015 34.5 34.6 34.5 34.5 34.5 34.5 34.5 34.6 34.5 34.5 34.5 34.5
2016 34.6 34.5 34.4 34.4 34.4 34.4 34.4 34.3 34.4 34.4 34.3 34.4
2017 34.4 34.3 34.3 34.5 34.4 34.5 34.4 34.4(P) 34.4(P)
P : preliminary
Spot the the recovery?
If I knew want the figures meant?
DeleteThe real outrage is the continual reclassification of people into "not in workforce." We are not counting millions.
ReplyDeleteCinco, you are good!
ReplyDeleteMagnitude 4.3 - moment magnitude (Mw)
Time Thursday, October 26, 2017 at 1:38:51 PM (PDT)
Thursday, October 26, 2017 at 20:38:51 (UTC)
Distance from Lompoc, CA - 32 km (20 miles) SW (220 degrees)
Vandenberg Village, CA - 37 km (23 miles) SSW (211 degrees)
Vandenberg Air Force Base, CA - 39 km (24 miles) SSW (202 degrees)
Buellton, CA - 49 km (31 miles) WSW (244 degrees)
Los Alamos, CA - 51 km (32 miles) SW (226 degrees)
Coordinates 34 deg. 25.3 min. N (34.421N), 120 deg. 40.7 min. W (120.678W)
Depth 4.35 km (2.7 miles)
:boom:
DeleteU6 is at 8.2 or 8.3.
ReplyDelete8.0 an 4.0 is full employment? Anyone ready to hazard a guess
ReplyDeleteIf you don't look at qualifying details. Yes, Have you met my pet unicorn? :)
ReplyDeleteNo, post a picture.
ReplyDeleteLower is better than higher, no?
It is very messed up. You could have 2% U3 and a huge population not working, many having 2-3 part time jobs. Then what is full time? It used to be considered 40 Hrs a week. That being said and average of part time and full time means there are more part time jobs then full time when the average hours worked comes out to 34.4 a week. This also includes overtime which is probably very little anymore. I think it is easy to miss as they count jobs not individual people. Hours worked show us that the labor pool is plentiful and there is no shortage to create wage pressure. IMO.
ReplyDeleteSorry no pic my unicorn is out being groomed right now. :)
::FAMILY BLOG::
ReplyDeleteHe he
ReplyDeleteBut u6 is going down too no?
I am seeing Help wanted signs here, too.
ReplyDeleteAs to Manaford. I don't see why you need all that money.
ReplyDeleteSame applies to U6.
ReplyDeleteWhat kind of help? I bet it is part time and the churn rate is high.
I would be happy with more money as long as I could stay a nobody. These guys want money, "Look at me" and power.
ReplyDeleteWait. I'm poor and without power. Then again I've never known someone who looked rich who stayed rich. Likewise all the people I know who I know are rich have never looked like it. There's something I'm missing.
ReplyDeleteYou are too, rich. The truly rich don't care. I would like to look at some well dressed people, as long as it isn't me that has to make the effort all the time.
DeleteThe rich don't care.
DeleteBuffet doesn't live in a Palace, I assume he doesn't want to. It is not happy making to have too much stuff.
I'm betting there are two or three economies out there that never see a W-2 or qualify for unemployment insouciance ummm I mean insurance.
ReplyDeleteIf you have enought stuff you like and no debt and a little income, you are free.
ReplyDeleteStill renting your property from the gubmint
DeleteHe turned on Kushner?
ReplyDeleteWho turned on Kushner?
DeleteMaybe he turned on Kushner because he senses or knows Kushner is the next to be indicted. Assuming I am not dreaming this.
ReplyDeleteGood Morning!
ReplyDeleteBuffet is really a Scrooge and doesn't spend his money. Others who piss it away are really returning their profits improving the velocity.
I don't need to make money but it keeps me busy and I lack nothing. Fun is finding deals, refurbish on the cheap and have more toys. Extravagantly cheap.
Yeah, how is velocity doing? Hasn't been mentioned in a while. Read an Ole Dawg post from 2006 about foreclosures from when the wave was about to break. Interest to see the change of writing style.
ReplyDeleteAnd when the wave was just beginning to break.
ReplyDeleteI wish pepole I like to write to were in the same time zone.
ReplyDeleteWhat happened to Casey Serin now?
😛
DeleteHave seen no turtles in weeks. Alas
ReplyDeleteNew post.
ReplyDelete