patrick.net

Keep tapping your heels together and saying "It's not the Fed. It's not the Fed. It's not the Fed." Eventually, you'll find yourself in Kansas. Yep, fly-over country. Sorry about that part.

Bellingham Bill says

http://en.wikipedia.org/wiki/Income_taxes_in_Canada#International_comparison_.28personal_income_tax.29

claims Canadians pay 20-30% in tax, compared to 12-30% in the US (married couples with kids and a mortgage do have very low taxes here in the US).

Wiki doesn't i(and really can't) include state income taxes even almost all states have them. Or the fact schools, fire, and police in Canada are included in the 20-30% instead of paid out of property taxes. Or health care is paid out of the 20-30%. Paying the average 18-22,000 (depending on your news source) a year in health insurance for a family of 4 knocks the shit out of your tax savings in the US for the average wage of 44k. Or universities are subsidized and much cheaper. It's not a direct comparison.

What's happening in Canada is that their market is sort of like the California and New York markets: There is a lot of it being propped up by foreign investment. Basically there is no such thing as a never-ending bubble and some level of a rational market will ultimately prevail.

Bellingham Bill says

Never was, even the Fremont factories were glorified final assemblies, all the parts were really made in SE Asia and Japan.

Ironically some of the "most American" cars ands trucks are Japanese brands. The Avalon, Camry, Accord, Tundra are all vehicles with as high as 75-80% domestically produced content. My Tacoma truck which was made in Fremont is about 60% domestically produced content.

So, are you saying that USA market will go bust in 2017 but Canadian market will never crash? No prediction for Canadian market crash?

Who gave George and the original citizen's militia the right to take you good loyalists citizenship away from the King (Queen) ??? Yet, you.....as well as we.....call him, in all reverence, the "Father of our Country".

If grown me with guns stopping cars scare you......don't go out on the highway. They're out there everyday.....scared little boys, picked on in school, now trying to get even.......and make a name for themselves for career advancement. The more of you they either put away or kill........the higher their rank, the higher their pay.

Personally, I prefer a cattleman or ordinary people to be armed. Their income isn't normally a motivating factor like it is with over zealous little boy cops. And before you reply.....admit you rarely get out of the house (apartment) beyond your very small comfort zone. Me..........47 states so far. Color be damned. It's the uniforms that scare hell outta me. Let them give up their guns.....if you contend I don't need mine. I may need mine. The new "George" might just call on a few good citizens.........to emulate the originals. It's high time we take the Neanderthal blood sacrificers out of our government and their leeching, greedy hands out of our national treasury.

Then Neanderthal's demise need be final.

bob2356 says

People overseas I've talked to about it think American suburban sprawl is
horrifying and can't believe we allow it.

Suburbia is unavoidable in united states. For example in SFBA, do u really believe that we can fit everyone either in S.F or san jose? It will be a nightmare, as congested as Panama City, Panama.

bob2356 says

The land value is because Australia and Canada and others have chosen to not embrace American style endless suburban sprawl.

It's not about what type of housing. It's about not building enough to meet the demand. If the supply was as large as the demand, prices *couldn't* go up more than inflation.
If you want to stop sprawl, you have to find a way to build enough apartments in cities. Clearly this is not happening.

bob2356 says

There's nothing evil, it's a societal choice that they are willing to pay for. The extra cost in housing is heavily offset by not having to extend expensive services, (water, sewer, electric, trash, roads, police, etc., etc.) endlessly.

It is evil, as unaffordable housing forces 30 yrs old people to live with their parents, forces young couple with kids in 1 brd apartments, etc...
This is hugely detrimental to quality of life.

And all this for what?
This is not about sprawl.
And any economic gains are short term.

Miike says

sounds like california..

Its the Beatles.

Call it Crazy says

FortWayne says

And they want more taxes? Over my dead body!

They might tax that too....

Don't give them any more ideas!!!

Heraclitusstudent says

It's not about what type of housing. It's about not building enough to meet the demand. If the supply was as large as the demand, prices *couldn't* go up more than inflation.

If you want to stop sprawl, you have to find a way to build enough apartments in cities. Clearly this is not happening

Developers build what will sell. If that is high end condos instead of low end apartments then that's the price of living in a free market. Are you advocating having government decide what housing will be built and where? That didn't work out very well in eastern europe and russia at all.

There are lots of cities with tons of apartments, I lived in Oklahoma City which has always had one of the lowest apartment occupancy rates in the country and it sprawls forever. Memphis, Vegas, Orlando also have tons of empty apartments and tons of urban sprawl. Obviously supply meets demand or there wouldn't be lots of empty apartments. Yet sprawl goes on and prices go up. Explain these contradictions.

Heraclitusstudent says

And all this for what?

This is not about sprawl.

I give up. If urban boundries aren't about sprawl what are they about? Your post, so what's the answer? I await with baited breath.

You have to pay for things. A lot of you seem to think that you're under the weight of a massive tax burden when in actuality tax as a % of GDP is close to the lowest of any OECD country. Perhaps you shouldn't be so averse to those who can afford it (including corporations) paying a bit more. Would it be so bad if that then resulted in better roads, schools, healthcare...?

APOCALYPSEFUCKisShostikovitch says

Dan8267 says

The bottom line is that the Second Amendment isn't in effect today or you could have nukes, biological/chemical weapons, land mines, RPGs, and tanks.

And fighter bombers. No American is safe from tyranny without one.

Correct, as well as ANY armament.

bob2356 says

Developers build what will sell. If that is high end condos instead of low end apartments then that's the price of living in a free market. Are you advocating having government decide what housing will be built and where? That didn't work out very well in eastern europe and russia at all.

There are lots of cities with tons of apartments, I lived in Oklahoma City which has always had one of the lowest apartment occupancy rates in the country and it sprawls forever. Memphis, Vegas, Orlando also have tons of empty apartments and tons of urban sprawl. Obviously supply meets demand or there wouldn't be lots of empty apartments. Yet sprawl goes on and prices go up.

First are we talking of Canada? Memphis is one thing, but do we suffer from high prices in Memphis? I doubt it. If every place was like Memphis, we wouldn't talk about high prices.

Then if we have plenty of supply, why are prices super high, by historical standards, in cities like Toronto, or SF in the US. Answer: we have for sale very limited inventory, i.e. very limited supply. Builders build only limited supply in spite of super-high prices.

Further, I don't know Canadian suburbs, but go to San Ramon/Danville, a suburb where there is space to build, and prices are still super-high. And rent prices are high too. But builders are not building massively there either, is spite of space and high prices.

So my point is clear: this is not about sprawl or not, apartments or mansions. On aggregate, they just aren't building enough.

And since presumably builders would build provided they make a profit, which they should considering prices, it's not explained only by the reluctance from builders. Authorities are controlling this.

Heraclitusstudent says

Further, I don't know Canadian suburbs, but go to San Ramon/Danville, a suburb where there is space to build, and prices are still super-high. And rent prices are high too. But builders are not building massively there either, is spite of space and high prices.

So my point is clear: this is not about sprawl or not, apartments or mansions. On aggregate, they just aren't building enough.

And since presumably builders would build provided they make a profit, which they should considering prices, it's not explained only by the reluctance from builders. Authorities are controlling this.

There is too much NIMBYism and too many reluctant planning departments all over the Bay Area that don't allow more building. There is plenty of land here, but you can't build on most of it. In the San Ramon/Danville area, there is tons of space, but the NIMBYs complain about increased traffic every time someone wants to build 40 housing units -- I got mine, you can't have yours.

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

Say hey! This was in the Wall Street Journal on March 30, 1999. Note "... how much it will buy."

Holy cow/interesting/compelling ...!

And where is it up to date??? Right here ... see the first chart shown in this thread.
Recent Dow day is Monday, May 12, 2014 __ Level is 105.5

WOW! It is hideous that this is hidden! Is there any such "Homes, Inflation Adjusted"? Yes! This was in the New York Times on August 27, 2006:

And up to date (by me) is here:
http://patrick.net/?p=1219038&c=999083#comment-999083

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

And "ThePublic Be Suckered"
http://patrick.net/?p=1230886

gsr says

But Japan did not have such a quick rebound in real-estate prices.

ain't that the truth.

I was expecting that pattern for the US, too, but forgot that we're different here.

http://research.stlouisfed.org/fred2/graph/?g=Avt

demographic difference

we were a lot more committed to our housing bubble, too. Japan's was vexatious, in that they weren't able to pull trillions OUT of bubble valuations like we did, and want to do again, nor were the Japanese able to just 'walk away' / 'jingle mail' or that HAMP principal modification BULLSHIT that we did in our aftermath.

If anything they have an oversupply of housing now, and with falling population and general deflation in everything, rents have no way to go up over there apparently.

Story is different here!

http://research.stlouisfed.org/fred2/series/CUUR0000SEHA

bend over America, you're going to get it good and hard from The Man this decade and next.

Dan8267 says

It means precisely that the people must have access to all weapons the government has. This made sense in the 18th century, but doesn't in the 21st.

The best soilders in WW1, WW2, Korea and Vietnam to today were those who were crack marksmen... Sg York comes to mind for one!

So I say good practice makes a good soilder...

fast forward today...

no matter.. no need to practice on a real $mega million F16 Falcon,
when you can do the same on a Computer Simulator anyway...

so the answer to your question is its already happened !

corntrollio says

There is too much NIMBYism and too many reluctant planning departments all over the Bay Area that don't allow more building.

I suggest you drive across much of Milpitas, Fremont and No San Jose...

Lots of new development going up... no end in sight!

If that gets filled than there is much more land in So. San Jose...

As far as SF prime... Think Santa Rosa doesnt have land.. think again !

AverageBear says

I wish Obama was as zealous in protecting our southern boarder, as Harry Reid's zealousness for running ranchers off of federal land (for the sweet-heart deal to sell the land to the Chinese for a solar farm; the deal being brokered by Harry Reid's son)..

Bundy is selling his land to chinese in a deal brokered by Reid's son? When did that come up?

Analyzer says

What is the consequence of the debt balance they have created by doing this?

debt needs new money, and new money needs new debt

ever upwards we go, excelsior!

http://research.stlouisfed.org/fred2/series/TCMDODNS

Iosef V HydroCabron says

The solar farm deal (a) fell through in 2013, and (b) was slated for construction 50 miles away from the land in question.

----------------------------------------
Hydro, you seem to like projecting. Please read my words. Harry Reid was zealous in kicking off ranchers off of Federal land, not just Bundy. This is fact. Yes, this was 50 miles from Bundy's ranch. What's your point? My point is that Harry Reid is kicking ranchers off of Federal land, and trying to sell it to the Chinese. This is fact. It's happening all over the West, including Texas.

So, when the federal gov't (ie Harry Reid in NV) tells ranchers like Bundy that they can no longer use federal land for the protection of a tortoise, and then turn around and try to sell that land to the Chinese, doesn't that strike you as odd, or hypocritical? Were they lying to the ranchers so they could get the sweetheart deal to sell the land to the Chinese? What makes you think the Chinese will use the land while protecting the tortoise?

Why did the gov't shift its argument from "we must protect the tortoise", to "Bundy hasn't paid his grazing fees"? Maybe the gov't lied about the protection of the tortoise? Hmm?

And finally, I find if really funny how the Feds stood down to Bundy and the armed ranchers, once the news broke out that Harry Reid was involved w/ this deal with the Chinese. IIRC, within 24-36 hours. Hmmm? Why is that?

Funny you mention Obamacare and facts in the same comment. Did you really believe Obama's promises on Obamacare were going to happen. He fuckin' lied about EVERYTHING related to Obamacare. Were you that naive? I'll start digging up more fun facts on Bundy, Harry Reid's psychotic behavior and his little Mini-Me of a son...

Iosef V HydroCabron says

When does embarrassment kick in?

I dunno, but you may find the feeling of embarrrassment more familiar, by backing Obama and his failed Obamacare promises. You know, the known lies he made. The lies Obama made, while Obama himself knew they were lies when they came out of his mouth?

Yes, please have another helping of Kool-Aid while Obama tells you that you will keep your doctor, your health care costs will go down, at the same time we sign up 30 million dead-beats who can't pay into the system... PFFFFT. Don't call me out, trying to act credible. It's a bad look. Trust me.

E-MAN I'm pretty sure you are talking about the condos on samaritian dr as your holdings. Boy those thing were cheap and I just missed on then at 238K. There was one 2300 samaritian place, 2 and that was getting auctioned on 4/28.

E-man says

monkframe says

Jeez, I'm sure glad the upper classes have so many arguments.

Not sure how you classify the upper classes. Is it the top 1%, 5%, 10% or 20%? A lot of Bay Area families fit the top 10% and easily fit the top 20%, but that doesn't mean a whole lot around here with those 6-figure household income.

You know what I mean.

AverageBear says

My point is that Harry Reid is kicking ranchers off of Federal land, and trying to sell it to the Chinese. This is fact. It's happening all over the West, including Texas.

So, when the federal gov't (ie Harry Reid in NV) tells ranchers like Bundy that they can no longer use federal land for the protection of a tortoise, and then turn around and try to sell that land to the Chinese, doesn't that strike you as odd, or hypocritical? Were they lying to the ranchers so they could get the sweetheart deal to sell the land to the Chinese? What makes you think the Chinese will use the land while protecting the tortoise?

Why did the gov't shift its argument from "we must protect the tortoise", to "Bundy hasn't paid his grazing fees"? Maybe the gov't lied about the protection of the tortoise? Hmm?

I really hate to screw up a good ideological rant with facts. Actually going and looking things up is so much work. It's easier to just regurgitate fox news.

No ranchers are being kicked off federal lands for solar projects. Most of the solar designated area's are dry lake, not grazing lands. Like Dry lake solar zone outside vegas. You can google it. Even better here is the BLM website for dry lake solar zone. http://www.blm.gov/nv/st/en/fo/lvfo/blm_programs/energy/dry_lake_solar_energy.html . there is an 86 page document that details the area if you want to read it.. Since there is now way you are actually reading something when you can listen to rush I'll even paraphrase it for you.. The area is arid dry lakebed with sparse creosote vegetation. The area is to the west of the tortoise protection area. So there are no tortoise and no ranchers (cows don't eat creosote).

So when does your personal embarrassment kick in for being a willing dupe to more Koch Bro's propaganda? It's just brillent that the .1% has all the bad teeth redneck trailer trash as an eager volunteer army to push the agenda of making the .1% even richer by simply repeating the words big government, god, and guns endlessly. You really can't make this stuff up.

BTW I am not at all embarrassed about Obama. I didn't vote for him (or the republican idiot) and always said he would be a terrible president.

E-man says

Not sure how you classify the upper classes

the upper class are people we could throw into woodchippers and not lose any actual wealth production in our economy.

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

Say hey! This was in the Wall Street Journal on March 30, 1999. Note "... how much it will buy."

Holy cow/interesting/compelling ...!

And where is it up to date??? Right here ... see the first chart shown in this thread.
Recent Dow day is Wednesday, May 14, 2014 __ Level is 105.0

WOW! It is hideous that this is hidden! Is there any such "Homes, Inflation Adjusted"? Yes! This was in the New York Times on August 27, 2006:

And up to date (by me) is here:
http://patrick.net/?p=1219038&c=999083#comment-999083

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

And "ThePublic Be Suckered"
http://patrick.net/?p=1230886

Bigsby says

Perhaps you shouldn't be so averse to those who can afford it (including corporations) paying a bit more. Would it be so bad if that then resulted in better roads, schools, healthcare...?

Perhaps they should spend what they have more prudently, you know like paying market wages instead of bloated union wages.

All those government buddy system contracts that are completely fraudulent, union pension spiking to a point that no amount of taxes will ever be enough. And now they want to add another tax for it.

Enough is enough we are all already overburdened with taxes!

Sure puts Ukraine situation into a different perspective.

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

Say hey! This was in the Wall Street Journal on March 30, 1999. Note "... how much it will buy."

Holy cow/interesting/compelling ...!

And where is it up to date??? Right here ... see the first chart shown in this thread.
Recent Dow day is Thursday, May 15, 2014 __ Level is 103.6

WOW! It is hideous that this is hidden! Is there any such "Homes, Inflation Adjusted"? Yes! This was in the New York Times on August 27, 2006:

And up to date (by me) is here:
http://patrick.net/?p=1219038&c=999083#comment-999083

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

And "ThePublic Be Suckered"
http://patrick.net/?p=1230886

[b]Ion Nemerenco[/b]
Unless you're a freegan and have found a way to live entirely off the grid, you probably need some sort of steady income in order to survive. The traditional way to earn money, of course, is by having a job. You work for a company or start your own, and the work you do earns you money, which you spend on things like a mortgage, rent, food, clothing, utilities and entertainment.
Most people typically work from their company's central location, a physical space where everyone from that organization gathers to exchange ideas and organize their efforts.
But a few lucky souls have found ways to make money within the comfort of their own home. With the Internet, an ever-changing arena for businesses, some people looking to earn money are finding ways to do so. Some forms are best for part-time endeavors for those looking to make a little extra money on the side, while others can lead to full-time jobs and Internet success stories.
Ion Nemerenco put together a list of our top 10 ways to make money on the Internet, in no particular order. On the next page, we'll start with an old favorite.

GREAT!

WHERE DO I MAIL MY MONEY TO??

Everything you say sounds great!
Unfortunately, however, your HTML skills reveal your incompetence.
How can I trust what you or your company say, if you cannot even get a simple 'bold' command straight?
This indicates you either:
a- have not proofread your post, in which case I must assume you are lazy and have not really researched the positions you put forth, or
b- you have proofread your post, in which case I must assume you are lazy, since you failed to take the time to correct your mistakes. How much of this laziness has poisoned the position you put forth, I don't know. I do know that it's not worth my time or risk to find out.
IonNemerenco says

[b]Ion Nemerenco[/b]

Unless you're a freegan and have found a way to live entirely off the grid, you probably need some sort of steady income in order to survive.

I'm torn: these illegal aliens are clearly liberals, but they will boost house prices. It really comes down to whether gay platinum excreters can have anchor babies.

Are they only coming across the galaxy for free health care and social services?

Ah, but will the pope and all Christians accept Plateu, the one true god as evident in the holy book Yertimu? When the aliens come down to the Vatican, their first words will be
Have you been saved? Have you welcomed Plateu into your heart?

The pope is in for a big surprise. The aliens will be missionaries trying to convert humans into the "one true religion" by force if necessary. Better to gouge out a human's eyes and anally probe him then to let his soul fall into the Great Wormpit of Andromeda.

APOCALYPSEFUCKisShostikovitch says

Is a bump up in home prices so vital we'll encourage pederast rape from space aliens in cassocks?

Any reason to believe the human race has yet to care about pederast rape?

We have such a poor track record of preventing it, that I'm not sure we really give a damn, except for scoring political points after the fact.

Ever since Vietnam, our government has been committing despicable crimes.

It's a depressing reminder sometimes, because I know in our "Democracy" we don't have any say in this.