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Business and the economy in the post bubble world


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2006 Apr 11, 9:20am   20,465 views  152 comments

by astrid   ➕follow (0)   💰tip   ignore  

Ladies and gents,

The mainstream media is finally recognizing the end of the housing bubble we sensible folks (A.K.A. bubbleheads A.K.A. JBR) have been talking about for years. I ask you, oh you forward looking mental giants, what's in store next?

Specifically, you economists amongst us, please enlighten us with vital knowledge about current and future inflation, deflation, stagflation, and all other vari-ations.

Oh come all ye Fannie Mae haters, ye Fed idiocy watchers, ye Libertarians, please tell us what's you think is going to happen to the McMansion industrial complex when the bubble blows or deflates.

You entrepreneurs amongst us, please peddle your wacky post-bubble get rich schemes here. You cannot go too low. 1800-BKRPTCY? Realt-Whore escort agency? Don't worry, our minds will follow you wherever you go.

astrid

#housing

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81   Peter P   2006 Apr 11, 2:36pm  

hey, a house function is to keep me warm and a place for me to sleep… i don’t care how ugly it is. i just need a cheap place to sleep, that it…. plastic home, bring it on….

It must be comfortable and it must have good feng shui. Another important function of a house is to attract wealth.

82   Peter P   2006 Apr 11, 2:37pm  

I don’t particularly have a problem with made in China, I have a problem with JUNKS made in China.

I have a problem with all junk. I hate plastic things (or polycarbonate?). Bring back metal and wood products!

83   astrid   2006 Apr 11, 2:37pm  

Peter P,

Here's the site, but it's made out of shipping containers. http://www.architectureandhygiene.com/quikHouse/quikHouse_main.html

84   Different Sean   2006 Apr 11, 2:38pm  

I would not buy any junk from walmart. but if they would sell cheap house make out of cheap plastic, imported from china. i will buy it.

somebody here designed a house made of cardboard as a response to 'affordable housing'. naive architecture student. puts the cart before the horse somewhat, in that housing inflation is land cost, not construction cost - don't they teach them that in the 6 year architecture course? might sog up in the rain a bit too...

http://www.housesofthefuture.com.au/hof_houses04.html

85   Peter P   2006 Apr 11, 2:39pm  

Here’s the site, but it’s made out of shipping containers.

Somehow I have a feeling that it would be more difficult to get a permit to build a QuikHouse...

86   Different Sean   2006 Apr 11, 2:41pm  

I have a problem with JUNKS made in China.

junks are always made in china, they are the standard boat... hey, if they are not making any more of it, why not start huge colonies of junks and houseboats moored out at sea? earthquake proof :) , but not tsunami proof... :(

87   Peter P   2006 Apr 11, 2:41pm  

housing inflation is land cost, not construction cost

Very true. Hence the GMC PAD:

http://www.treehugger.com/files/2006/01/gmc_pad_the_mob.php

88   astrid   2006 Apr 11, 2:42pm  

Somehow I have a feeling that it would be more difficult to get a permit to build a QuikHouse…

Yes, the color is a bit bold, isn't it? However, I've also seen some very nice traditional modernist looking houses constructed out of shipping containers.

89   Peter P   2006 Apr 11, 2:44pm  

Yes, the color is a bit bold, isn’t it? However, I’ve also seen some very nice traditional modernist looking houses constructed out of shipping containers.

Hmm...

90   astrid   2006 Apr 11, 2:46pm  

DS,

That cardboard house actually looks pretty good. If you live in a desert or mediterrean climate, the rain proofing might not be a huge concern. It is meant as temporary housing.

91   OO   2006 Apr 11, 2:46pm  

Haha,

the other Century 21 ad targeting FOB Chinese immigrants are entirely off the mark as well.

For one, there are lots of C21 agents who are ethnically Chinese and speak fluent mandarin, why bother featuring a white guy speaking crappy Mandarin that I can't even freakin understand? Also, the FOB Chinese couple act like Japanese, bowing endlessly, perhaps C21 should study the behavioral difference between East Asians before they determine which group to focus on, Japanese won't understand the Mandarin, and Chinese won't identifying with the bowing gesture.

C21 must be desperate. What kind of crappy marketing dept do they have?

92   Peter P   2006 Apr 11, 2:47pm  

These guys have some nice designs too:

http://thedwellhomesbyempyrean.com/

93   Different Sean   2006 Apr 11, 2:47pm  

Hence the GMC PAD

that's very cool. i think i saw something like that in a judge dredd comic strip once tho...

or was it trapper john MD...

94   OO   2006 Apr 11, 2:48pm  

And to Americans, it seems C21 is running out of moron customers so they resort to importing morons from overseas.

95   astrid   2006 Apr 11, 2:48pm  

Though for $35,000 AUD, maybe not. I can rent a trailer for much much less.

96   astrid   2006 Apr 11, 2:49pm  

"C21 must be desperate. What kind of crappy marketing dept do they have?"

One that doesn't talk to their numerous Shanghai offices.

97   Different Sean   2006 Apr 11, 2:50pm  

C21 must be desperate. What kind of crappy marketing dept do they have?

probably use JB Watson Jr Associates - if you go out the back, they're still banging iron bars with hammers next to babies' ears for jollies...

98   OO   2006 Apr 11, 2:51pm  

astrid,

that's a good one. I did see their Shanghai outfit. However, I have to say the mainland RE agents are even less professional and ethical than the scums here, much worse in fact.

99   Different Sean   2006 Apr 11, 2:53pm  

OK, you could put the cardboard house inside the shipping container house - then it would be both waterproof and secure in one swoop - like a snail or a lobster shell. Problem solved... otw people could break in with a penknife...

p.s. why do architects have to be so f@cking precious about everything...

100   astrid   2006 Apr 11, 2:53pm  

Though I must say, if I had the money, I'd want poured concrete and glass. those are the prettiest. The Tugendhat House is pretty much my dream house.

101   Peter P   2006 Apr 11, 2:55pm  

lobster shell

Where does the meat go? :D

102   astrid   2006 Apr 11, 2:55pm  

"I have to say the mainland RE agents are even less professional and ethical than the scums here, much worse in fact."

Why am I so not surprised :P

103   Peter P   2006 Apr 11, 2:56pm  

Why am I so not surprised

I think RE professionals in this country is already the best. Give them some credit.

104   astrid   2006 Apr 11, 2:57pm  

DS,

An alternative is to buy a big ole airplane hanger and place the cardboard house inside.

However, their asking price is just exorbitant for the quality and quantity of living space provided.

105   astrid   2006 Apr 11, 2:58pm  

Peter P,

No, owneroccupier and I both have our opinions about Mainland Chinese business practices, and they're pretty darn bad.

106   astrid   2006 Apr 11, 3:01pm  

DS,

So how do you win favor with rich women?

107   Peter P   2006 Apr 11, 3:03pm  

concrete and glass are alittle boring. a tin can house scream creativity..

I think concrete with ceder wood sidings will be great. Must have lots of glass.

108   Peter P   2006 Apr 11, 3:04pm  

No, owneroccupier and I both have our opinions about Mainland Chinese business practices, and they’re pretty darn bad.

I won't be surprised either.

109   astrid   2006 Apr 11, 3:04pm  

8) (What are you plans for the apacolypse?)

I will offer my services as a survivalist consultant, teaching clueless urbanites how to grow potatoes and tomatoes.

110   smb_gaiden   2006 Apr 11, 3:04pm  

Astrid: "repo outfits and pawn shops will be everywhere "

Buy EBAY stock! ;)

111   astrid   2006 Apr 11, 3:10pm  

I'd find a company, held through a series of business trusts, that helps homedebtors through bankruptcy in return for essentially indentured servitude.

112   OO   2006 Apr 11, 3:10pm  

RE agents here used to be much better.

The one I used for buying my home was very good, extremely informative, very considerate, and hardworking. See, only the ethical, honest and hardworking agents got to stick around during a down cycle. She gave me lots of tips and advice in aspects that were not aligned with her own interest of scoring a bigger commission.

I haven't come across any RE agents half as knowledgable as her ever since. Too bad that she is already retired.

113   Different Sean   2006 Apr 11, 3:11pm  

However, their asking price is just exorbitant for the quality and quantity of living space provided.

only $35K for a solid, durable structure made of Visy packing cardboard? cheap at twice the price... altho twice the price would get you a 2 bedroom brick house... (They recently got into very serious trouble for fixing cardboard prices with a competitor, heh)

So how do you win favor with rich women?

you're not looking for a rich woman, surely? 8O

114   astrid   2006 Apr 11, 3:12pm  

I like my realtor just fine and would use her again, and I have a feeling she'll weather a RE downturn just fine.

115   astrid   2006 Apr 11, 3:14pm  

DS

but hate to rent is.

Plus, my boyfriend has a brother. He may be in need of help.

116   Different Sean   2006 Apr 11, 3:16pm  

lobster shell

Where does the meat go? :D

ergh, that would be the inhabitants... maybe best to stick to real lobster

117   astrid   2006 Apr 11, 3:16pm  

owneroccupier,

I think the good realtors care about their reputation because they depend on referrals. Thus, a happy customer can be more valuable than a one time transaction. Unfortunately, the high dollar amounts of recent transaction has distorted the balance, by a lot.

118   astrid   2006 Apr 11, 3:17pm  

My boyfriend's brother is pretty good looking. Not my type, but good looking.

119   Peter P   2006 Apr 11, 3:17pm  

maybe best to stick to real lobster

DS, I have to say that Australian lobsters are my favorite lobsters. How do you guys cook them down there?

120   Different Sean   2006 Apr 11, 3:17pm  

DS
but hate to rent is.
Plus, my boyfriend has a brother. He may be in need of help.

i will write a book about it and retail for about $29.95, maybe $39.95 in hardback. non-fiction shelf. do you think it will sell?

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