About mell

mell

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Registered May 09, 2012


mell's most recent comments:

  • On Mon, 27 Jul 2015, 7:06am PDT in Women still discriminated against at every turn in STEM, mell said:

    There are no statistical methods to the "study". To publish rubbish like this under scientific studies is a disgrace for science.

  • On Fri, 24 Jul 2015, 9:08pm PDT in Ten Reasons It's A Terrible Time To Buy An Expensive House, mell said:

    Vicente says

    It's crazy here in Davis right now.

    DUMPS selling for north of $500K because some friend heard they wermay raise re selling it, never even reaching the listings.

    A Chinese friend told me, that 50% of the sales are to Chinese parents who are willing to pay cash. They buy the house, their kids lives in it and goes to school, renting out the other rooms. When the kid graduates, they sell or keep running it as remote slumlords I guess.

    Maddening as we are looking for a house. We see a nice house, a few days later it's gone.

    Housing looks pretty toppy here, the short ETFs are showing a 6-month uptrend. Fed may finally raise rates and price acceleration is slowing significantly. If the market does not well the next months, prices may stagnate or reverse. Especially in a market where stocks in general retreat but the market is sustained by a few big outliers.

  • On Fri, 24 Jul 2015, 6:16pm PDT in Silicon Valley is driving teachers away, mell said:

    That's what it's like getting "stick-saved" by QE and the bailouts, you never outpace artificially created inflation. Gotta wait for the next crash and then don't demand government intervention. Learn from the mistakes.

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