I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
Realtor.com Reports Active Inventory Up 25.9% YoY
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*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
Dr. Strange Move or How I Learned to Love the Bill
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After a couple of years of disinflation, the Fed changed directions and
started lowering rates. By most measures, the economy had been humming
along near a...
NVIDIA Revisited
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On August 26, 2023, 5 days before it a new closing hi at 493.55, I wrote a
critical post about NVDA - the stock, not the company. After that, the
stoc...
Stay away from popular tech stocks, part II
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Last August, I wrote a blog post arguing that largest technology and
internet companies -- Amazon, Apple, Facebook, Google, Microsoft -- would
never grow i...
Updating the HF Indicators
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I posted this over on Seeking Alpha.
Not much good seems to be happening, and I am concerned about the low pace
of construction and a likely end to the sho...
Yes, Well, It's Still a Friday Night
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I doubt anyone is still reading the old stuff, but I have a quiet Friday
night and figured, why not a Friday Night Rock Blog?
I found this one recently (...
Councilman Jeff Prang talks to Time Warner Cable Local Edition host Brad Pomerance about the state budget crisis and how it affects local cities, like West Hollywood.
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"We're going to have homeless people. We're going to have inmates being released from prisons. We're going to have seniors and the disabled who don't have any services and you can't just abandon these people so it's going to cost cities more money."
Meanwhile in that very same city...
"The expansion of City Hall and the building of the new automated parking garage not only will provide for a better experience to residents and visitors, it will also provide for much needed additional parking while reducing the carbon footprint that a "traditional" parking structure would generate otherwise," added Mayor Duran.
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Operationally, automated parking garages provide customers with a valet-like parking experience...
* Shoup documents construction costs ranging from $13,712 to $31, 500 per space at a California university between 1990 and 2002. He notes that most spaces in parking structures cost more than the cars that occupy them.
* Shoup calculates that, including on-street parking, US cities have an average of about of eight parking spaces for each car.
* For each dollar motorists spend directly on their car somebody bears more than 50¢ in parking costs.
* Users pay directly for only about a quarter of total parking costs. The rest are borne indirectly through taxes, reduced wages, and additional retail prices.
* Rideshare passengers, buses, trolleys, walking and telework incur no user parking costs.
California is a: joke/mess/beautiful/father of gold rush....In any case I am not moving there! Story time; I gave my mom the cash to buy her house in Marysville (north of Sacramento) instead of renting it in 2002. She sold in 2008 for twice the price and the same house is on Zillow for less than she bought it! Full circle. And no I got none of the profits!
2 comments:
California is a: joke/mess/beautiful/father of gold rush....In any case I am not moving there! Story time; I gave my mom the cash to buy her house in Marysville (north of Sacramento) instead of renting it in 2002. She sold in 2008 for twice the price and the same house is on Zillow for less than she bought it! Full circle. And no I got none of the profits!
GYSC,
In any case I am not moving there!
The earth moves there so often that maybe it will come to you!
P.S. The earth is due to move where I live too someday, perhaps even with Mt. Rainier offering some confetti. Sigh.
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