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Registered Jul 08, 2009
pkennedy's most recent comments:
- On 12 May 2014
Made in America now cheaper than Made in Brazil,
Basically it comes down to if you know how to do manufacturing in China and have good processes and controls, you'll get a good deal. However, for most businesses, they aren't going to see that. They will have to deal with layers of problems that will compound.
It's like offshoring IT work, it's great if you're huge and you can do everything there. If you need 5 or 10, or 30 guys, it's going to be a nightmare that is going to suck you dry while producing little.
US has been manufacturing about 23% of the worlds goods for the last 40 years, they aren't going to increase their take here by much. They also aren't going to produce a lot more jobs, because the manufacturing done is heavily automated and very efficient. So there really isn't any room for growth in manufacturing in the US.
As for cars, almost every country "forces" car manufactures to produce in their country. Cars are big ticket items, manufacturing them all in one country and exporting them around the world would obviously be the easiest way to do it. However, no country wants to give away that much economic activity, so they force them to build them locally.
As for Brazil, the cars are abysmal here. It's insane the quality. Engines are just covered in oil within 2 years, warranties are for a year, batteries go after about 2 years, rust everywhere on the frame within a year, and everything in between is breaking down quickly! But since there are high tariffs, no one can bring in ANY external cars to force the manufactures to build better quality. When the manufacturers build in the country, they all just build just well enough to compete with each other. The build quality is horrendous!
- On 24 Mar 2014
Will China's housing bust turn foreign buyers into desperate sellers?,
During the last asian crisis, I remember agents asking their clients this question, and the general answer was "These properties wouldn't do anything for my financial situation..." This was primarily hong kong investors.
If something happens, they will dump the properties in the most unstable markets -- theirs.
- On 10 Feb 2014
Solutions to San Franciscos Housing Problems,
New Renter says
4) Rezone commercial to residential
5) Build down (basements, sub-basements, sub-sub-basements, etc)
6) Expand BART/Caltrain with frequent express trains from Stockton, Sacramento, and Hollister.
7) Encourage marina living
8) Require self driving cars within city limits (makes parking and traffic more efficient)
9) Clean up Treasure island and make it residential
10) Convert Alcatraz to luxury apartments
See, there's lots more that can be done!
The real problem is sewer, water, and power. Many of those areas were designed to handle a certain number of people. If you simply build up and put 100,000 new people into an area that used to have 100 (20 houses torn down for massive buildings), you're going to have issues. Rebuilding a sewer plant for that type of thing isn't cheap. Just maintaining sewer and doing moderate upgrades is massively expensive.