That's what happens when you have few limits to immigration, you get a bunch of foreigners with allegiance to their home country living here. This results in the government being paranoid about its residents, and rightfully so.
This is a move so the Snapchat CEO can cash out before the bubble bursts on throwaway tech that a teen in their basement could whip up in a week. Good for him that he will make millions, or even billions, on a chat app of meager value. I just feel sorry for all the suckers who buy stock in this ridiculous company.
Uber adds cars to our roads. It was estimated that Uber has added 15 THOUSAND cars to the steets of SF. A driver needs to drop someone off, wait around, drive around, and drive to the next customer, and so on. A normal driver drives from point A to point B and parks. Uber and their ilk are INCREASING the strain on road infrastructure and emitting more carbon into our atmosphere. For these reasons, they need to be taxed to cover the associated costs. Maintaining roads and the air isn't free. Why should they hoard billions in profit while the public pays for the infrastructure and quality of life they destroy?
I have a pretty nice machine, Haswell 4790K i7 4GHz, GTX 970, 16 GB vengeance RAM, two 500gb SSDs, etc. all working great as a dual boot Hackintosh (for around $1.5k), so you don't have to compromise much, but venturing into the cutting edge will be tough. The GTX 970 is crazy powerful, it laughs at anything I throw at it.
I just built a Hackintosh. Apple doesn't build any computers with high end graphics cards (even the MacPro's are more geared towards stability over performance) so I went for it. It turned out to be kinda tricky, you have to tinker a lot, buy the right hardware, and so on. There are problems with Apple services like authenticating with iCloud, iMessage, and such. The one remaining problem I have, which I think can't be resolved, is that I can't play DRM movies in iTunes (movie rentals, etc.). Strange because I can play them in Windows, so I guess Apple has stronger DRM when running in OS X. I'm still trying to get that to work though.
Anyway, I can dual boot, so I'm no worse off than having a plain old Windows box, other than being a little restricted when buying hardware.
Politicians no longer serve the people, so they need emotionally charged issues like gay marriage or abortion to distract
Love the pic in that post. It is always a bunch of illegals holding up signs in Spanish, demanding more free shit, as if they aren't already milking the system dry.
We can thank fucktard Bush and the Republican-supported corporate oligopoly for this. Remember the economic implosion of 2007-2008? Obama wasn't in office yet. Why anyone would support a party that wants to make everyone poor except corporate executives still baffles me. Is it the false hope they spread that one day, maybe you too will be one of the elite and benefit from their policies?
The answer is to punish parents in some way for raising delinquents. This will help Hispanics as well, who tend to pop out 10 kids and let them roam wild and join gangs.
I am totally on board with increasing capital gains, but he should make the limit higher than $500k/yr and should make the limit related to cost of living in an area.
Half of Los Angeles is also Hispanic. Coincidence? No. Hispanics tend to crowd many adults into one house or apartment.
Everyone knows the rich are getting richer at the expense of everyone else. Yet the Republicans, the biggest panderers to the rich, just took control of Congress. America is fucked (unless you're rich).
It is easier for a politician, either Democratic or Republican, to cajole 1 rich guy swimming in disposable income for donations than 100 middle class folks who increasingly have trouble covering their bills. This is why the trend will continue no matter who is elected, unless laws change to remove the incentive to cater to the rich. Politicians will continue to distract from this by grandstanding about abortion and gay marriage, things that affect people's day to day life much less than the massive income gap and disappearing middle class.
Government pensions should either be eliminated or given to all citizens. What makes government workers so special that they deserve a pension and others do not? It used to be they would get crap pay in return for sweet benefits, but now their salaries are comparable.
No, they should micro trade stocks and TRULY contribute to the economy.
Correction to your title: "U.S. is so over owner-occupied homeownership". Unless it is government run housing, someone will own the property, generally corporations and the wealthy. To me, this is not a good thing no matter how you try to spin it.
BTW, the rent control proposal was shot down by the San Mateo city council shortly after it was presented. I'm sure it will rear it's ugly head again and in other cities.
Interestingly, this San Mateo study is spearheaded by the immigrant community there, who are getting priced out of the more ghetto areas by gentrification. Why the hell would San Mateo want to stop gentrification of these areas? Do they really want higher crime, higher welfare costs, worse schools, and lower property values (with less tax revenue)?
Were you smoking weed when you posted this?
Types like homeboy make it impossible to discuss racial issues. If you bring up facts like blacks and hispanics commit more crime, African and Latin countries are mostly third world, and so on, they storm off like babies having a tantrum. We are just supposed to drink the KoolAid that race has nothing to do with anything.
Chinese buy in Oakland to become slumlords or to bet on the housing bubble, not to live there. API scores are way too low in Oakland for Chinese, we are talking schools scoring mostly 1/10. Property values will plummet next downturn as a result, as happened last time.
John Bailo, it is quite easy for you, living in your all white fortress, to spout on about the wonders of black neighborhoods, as you have no worry of having to experience living in one. If you were living in East Oakland, you would be singing a different tune.
I posted something about Oakland side-shows a few months ago. I would not live in a community where this happens. There were a few people who were pro-Oakland and not fans of the post.
Yes, the Oakland shills (like Carolyn C) are quite vocal online, desperately trying to boost their property values so they can unload and get the hell out. The SF forum on city-data.com is actually moderated by an Oakland shill and you are not allowed to post anything negative about Oakland on that forum or you will be banned. I see they are starting to infect this site too, perhaps emboldened, but fortunately Patrick allows rebuttal.
In response to the article posted...
It's valid point and it's true only if economy in general is doing well and people have jobs.
It is pretty unlikely to have stagflation. In the 70's, it was a unique combination of events that caused it (oil embargo combined with the fall of the gold standard). If the economy remains sluggish, rates probably won't go up much.