You contribute $200 a week or what ever the schedule is, and in rotation. Depending who's time it is to get the payout. One person get's the whole pot payday. Sometimes as much as 10 grand depending on how many people are in the pool and how long the session runs.
Didn't they already do that by committing to the loser of the election in their state?
Nope--like I said, there is nothing binding. They just are on record somewhere saying they are backing Clinton right now. If you look back to 2008, many switched from Clinton to Obama as the primaries wore on.
The VA is Bernie Sander's health care model. It's a socialized medical system for American Veterans.
The VA's inspector general found that out of about 800,000 records stalled in the agency's system for managing health care enrollment, there were more than 307,000 records that belonged to veterans who had died months or years in the past. The inspector general said due to limitations in the system's data, the number of records did not necessarily represent veterans actively seeking enrollment in VA health care.
Humm... let me get this straight: they go to her because they think she will win, but that in turn could actually make her win.
Sounds like a self-fulfilling prophecy.
Yes, that is at least partially true in that superdelegates are often influential party members that can sway peoples' voting decisions. But, I don't think superdelegates would have the balls to override the will of the people (as evidenced by the voting results).
But in Tatty's world, lowering prices and increasing supply will fix that, even if people can't scrape together 3.5% for a FHA down payment
Of course it does. More supply lowers prices and lower rents too. People can save easier with less of their check devoted to housing cost. Further with lower prices, you don't need as large of a downpayment so it will be easier for people to save it. A couple with $10K saved couldn't afford the 3.5% downpayment on a $300K home, but can on a $275K home. See how that works?
So, what happened in your beloved Union County? Inventory is down -27.7% yet prices have dropped -1.5%...
That's not following your system, why not? Shouldn't the prices have jumped due to lack of supply?
OK--a few things:
1. What data are you referencing. It's hard to determine what is going on if I don't know the data set. Is it median prices. YOY price change, MOM?
2. Like Bob said earlier, demand is also changing. While useful to assume constant demand to illustrate the effect of supply changes, in the real world, demand is also changing.
3. Housing prices take a long time to reach equilibrium because of the long transaction time. Often you'll see a lag in prices responding to supply or demand changes.
So, here's how you figure that out. Look at the graph I posted earlier and instead of moving the supply curve to the right (increasing) move it to the left (decreasing). Now find the new intersection of supply and demand--that's the new price.
You weren't much of a student, were you? I can just imagine your teacher reading your answer to every word problem:
"You know what happens when you ASSume, right"
I bet they loved you.
In any event--the point isn't whether or not builders will choose to build houses. The point is that increasing supply will lower prices. That is a fact. I've now shown you why several time. Hopefully we can call this one closed.
"For example, assume that builder constructs several new neighborhoods worth of houses. Otherwise stated, builders will be willing to supply more houses at every price and this shifts the supply curve S1 outward, to S2—an increase in supply. This increase in supply causes the equilibrium price to decrease from P1 to P2. The equilibrium quantity increases from Q1 to Q2 as consumers move along the demand curve to the new lower price. As a result of a supply curve shift, the price and the quantity move in opposite directions"
OK CIC--here's a primer for you. Please read up before you post again.
"For example, assume that someone invents a better way of growing wheat so that the cost of growing a given quantity of wheat decreases. Otherwise stated, producers will be willing to supply more wheat at every price and this shifts the supply curve S1 outward, to S2—an increase in supply. This increase in supply causes the equilibrium price to decrease from P1 to P2. The equilibrium quantity increases from Q1 to Q2 as consumers move along the demand curve to the new lower price. As a result of a supply curve shift, the price and the quantity move in opposite directions"