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.
You can see the orange sand pooling on the patio in picture #18. And yes it gets everywhere. The picture of snow on the mountain is Wrightwood where we own properties.
So, youth U3 is stellar, except the % of youth that want a job is at an all-time low. Can't find the 16-24 P-rate, but the 16-19 rate peaked in 1979 at about 59% and has been steadily dropping ever since, until it normalized at about 35% in the past 3 years.
What's interesting is the 55+ participation rate fell until the early '90s, (bottoming out at around 30%), and then started up again, leveling off at about 40% since 2010.
You knew that. Owned rentals before our own home. Then in October 2005 my twice a month housekeeper told us she was quitting. They had bought in Oxnard on her grocery clerk and his construction worker salaries. The paid 3x for a tiny tract home what we paid for the admittedly modest dawghaus. In truth their mortgage was probably 80% of their actual take home pay. I didn't need to be told twice. I immediately prepared and sold all nonpersonal use Real Estate with the last closing April 2006 and I was sweating bullets that it closed. No Starker exchanges, just cashed out. Paid D.C. a Lexus and Sacramento a Toyota but it was worth it. We've since reinvested and are doing... you know... not so bad for lower middle class folk. We got a new renter recently at 128% of the old rent.
Firemane, that 55+ statistic is fascinating. Surely between disability and being able to retire and being not able to retire the fractions for each are probably all over the place yet the number stays steady. And don't forget the boom in women workers started entering that cachement while the older husband only works group were shuffling of the other end.
Doing richly! I knew you owned properties, but not there. Lower middle class indeed. I sold my rental, bought near the low and nearly doubled my money. Don't know what to do with the money now.
Hehehe, never interested in his electric car, just his space investments. I'd be happy to lose some money on asteroid mining, which is at least thrilling, but cars? Nah.
Musk is caught in doing to many things. Have to give him credit for some of them like his space endeavors.
Rich is the new poor in Kali now days. Dawg is still swinging for the fence and will get it done.
I work every day and love it. Pretty close to learning the ins and outs of a high end Motor Home even though it is older and has less electronics then the new ones, still very complex. Still have 9 rentals and I guess that means I still am an active investor in RRE. If I sold some or all of them I would have to pay taxes and what would I do with the money as well.
Musk is hooked on on Ambien? I take Ambien generic to sleep at night. One pill, no problem. So many of these high performers, seem to drive themselves crazy, including rock stars and such. I wish some other billionaire would finance his space efforts and he could let tesla go. He probably can't. Talk of mental health needs.
I never have able to sleep all night until I started taking Benedryl, Doc approved of course. Some people are wired to go all the time. I remember the days of little sleep and a lot of work and the mind going full speed. Good deal or in my case wore the body down fast and failed. IMO.
27 comments:
Mostly I'm impressed that it comes with its own rainbow. :)
High dessert heat! Great place to build a family compound!
>Mostly I'm impressed that it comes with its own rainbow. :)
And 5.6 acres !
How much would they pay me to live there?
It would have to be a lot.
I don't know, weather conditions in Phelan, CA right now: 87 Deg, 32% humidity.
Not too bad.
I bet the sand turns everything orange.
Would turning everything orange be considered patriotic these days?
You can see the orange sand pooling on the patio in picture #18. And yes it gets everywhere. The picture of snow on the mountain is Wrightwood where we own properties.
https://www.cbsnews.com/news/youth-unemployment-hits-a-50-year-low-but-theres-a-catch/
So, youth U3 is stellar, except the % of youth that want a job is at an all-time low. Can't find the 16-24 P-rate, but the 16-19 rate peaked in 1979 at about 59% and has been steadily dropping ever since, until it normalized at about 35% in the past 3 years.
What's interesting is the 55+ participation rate fell until the early '90s, (bottoming out at around 30%), and then started up again, leveling off at about 40% since 2010.
https://fredblog.stlouisfed.org/2014/12/where-are-the-teenage-employees/?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=fredblog
Ah-ha, you own properties there.
I hope it's because they are in school.
It's always been hard for a teen to find a summer job.
What's been happening with Musk? I haven't been following it.
Ah-ha, you own properties there.
You knew that. Owned rentals before our own home. Then in October 2005 my twice a month housekeeper told us she was quitting. They had bought in Oxnard on her grocery clerk and his construction worker salaries. The paid 3x for a tiny tract home what we paid for the admittedly modest dawghaus. In truth their mortgage was probably 80% of their actual take home pay. I didn't need to be told twice. I immediately prepared and sold all nonpersonal use Real Estate with the last closing April 2006 and I was sweating bullets that it closed. No Starker exchanges, just cashed out. Paid D.C. a Lexus and Sacramento a Toyota but it was worth it. We've since reinvested and are doing... you know... not so bad for lower middle class folk. We got a new renter recently at 128% of the old rent.
Firemane, that 55+ statistic is fascinating. Surely between disability and being able to retire and being not able to retire the fractions for each are probably all over the place yet the number stays steady. And don't forget the boom in women workers started entering that cachement while the older husband only works group were shuffling of the other end.
Elon Musk is on several knife edges. This is either a train wreck or a Mars rocket but either way best spectate from a distance.
Gotta love the irony that his electric car is going to run on oil for at least the next few years via the Saudi investments.
Doing richly! I knew you owned properties, but not there. Lower middle class indeed. I sold my rental, bought near the low and nearly doubled my money. Don't know what to do with the money now.
Hehehe, never interested in his electric car, just his space investments.
I'd be happy to lose some money on asteroid mining, which is at least thrilling, but cars? Nah.
Hub worked till nearly 71. Now he's writing a scifi novel or 2.
That house has nothing green. Well, nothing to burn. Fires out?
Musk is caught in doing to many things. Have to give him credit for some of them like his space endeavors.
Rich is the new poor in Kali now days. Dawg is still swinging for the fence and will get it done.
I work every day and love it. Pretty close to learning the ins and outs of a high end Motor Home even though it is older and has less electronics then the new ones, still very complex. Still have 9 rentals and I guess that means I still am an active investor in RRE. If I sold some or all of them I would have to pay taxes and what would I do with the money as well.
Musk is hooked on on Ambien? I take Ambien generic to sleep at night. One pill, no problem. So many of these high performers, seem to drive themselves crazy, including rock stars and such. I wish some other billionaire would finance his space efforts and he could let tesla go. He probably can't. Talk of mental health needs.
Good Morning!
I never have able to sleep all night until I started taking Benedryl, Doc approved of course. Some people are wired to go all the time. I remember the days of little sleep and a lot of work and the mind going full speed. Good deal or in my case wore the body down fast and failed. IMO.
I tried Benedryl. It didn't work. I remind me of hamsters running on a little wheel.
I get on fine with a melatonin pill. Sometimes I wake up from tinitus from the heart meds but I guess that's better than not waking up at all.
I take that too. It's good for memory. Everynody is different. Including elephants. They seldom get cancer because of some genes.they have.
New post updating an earlier post.
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