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Is it a virus?


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2005 Oct 13, 1:23am   29,139 views  160 comments

by surfer-x   ➕follow (0)   💰tip   ignore  

The greedy and shortsighted who are buying up badly constructed “shitboxes” is giving rise to an equally greedy group — plumbing repair/construction/general contractors. What goes around comes around. Greedy real estate investors meet your new best friend — dishonest and unskilled repair man/person. Find one if you can, and be very, very nice to them, especially if you live far away from your hot new investment.

From Jersey Girl.

#housing

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98   surfer-x   2005 Oct 14, 3:28am  

Interesting developments this morning, filled up the Hyundai, cost 30 bucks, whoever got gas before me spent $75. Driving to work and was passed by a SUV convoy, love it, gigantic trucks with 1 person each. Is it me or isn't seeing this just like watch a 300lb fat ass mowing a #5 supersized? you just want to look away.

99   SQT15   2005 Oct 14, 7:50am  

My husband has a client with a Hummer and he got to look inside, he tells me they have virtually no cargo space at all.

I have to make a confession, we own a (gulp) SUV. We got it through my dad (auto wholesale broker) about $3000 back of blue book because we had to replace the family car quick. I had a mini-van and hated the thing-- anyone ever drive one? They are flat-out scary to drive in the winter-- they hydro-plane all over the place. I wouldn't drive an SUV except that I don't have to drive far every day. My daughter goes to school a mile away and I can make a tank of gas last 2 weeks. It is very useful for hauling the kids and their stuff. We find the cargo space very handy.

I thought I'd put in my 2 cents about the SUV because so many here wonder why anyone would have one. For me it came down to having space for the kids. If I drove a small car I wouldn't be able to take any of my kids friends with us anywhere (I tend to take extra kids when we go on field trips) and when the kids are small you end up carrying the playpen, diaper bags, and other assorted paraphernalia wherever you go. Plus, since I don't live in the BA the car isn't as inconvenient as it would be in the city.

But the increase in gas prices has made us use the car less. If I need to run errands I use my husband's Hyundai. That car has turned out to be a great buy. (100,000 mi factory waranty is a beautiful thing).

Please don't hate me now. :?

100   Peter P   2005 Oct 14, 8:12am  

Honestly, we are thinking about an SUV. There are just too many large vehicles out there for it to be safe driving small cars. I want something that weighs at least 5000 pounds.

101   Peter P   2005 Oct 14, 8:53am  

I’ve read an article somewhere that said something about how people think they are safer in an SUV and it turns out that it isn’t true based on crash data. For one thing, they have a high center of gravity that makes them flip over very easy!

Very true. SUVs are not safer in single-vehicle accidents. Very large sedans (5000+ pounds) are impossibly expensive though (e.g. RR, Bentley).

102   Jamie   2005 Oct 14, 9:03am  

"I thought I’d put in my 2 cents about the SUV because so many here wonder why anyone would have one."

Sacto, don't feel badly. SUV's get a bad rap, but there are valid reasons to own one, like you listed. We seriously considered buying something that could carry more than 5 people and more kid crap when we had a second child, but in the end it came down to my loving my current car too much to give it up, and because we don't live near our families, it's usually only on vacations when we need to haul extra people.

103   Jamie   2005 Oct 14, 9:09am  

"Very true. SUVs are not safer in single-vehicle accidents. Very large sedans (5000+ pounds) are impossibly expensive though (e.g. RR, Bentley). "

Before I bought my car, I was about to have our first child and was possessed with finding the safest car possible. It's absolutely true that SUV's are not necessarily safer, and funny thing is, Volvos sell themselves on the image of safety, but in all the tests I found at the time (1999-2000), BMW's were safer. I ended up getting a 528, because we lived in Germany (so not as expensive as they are here), and it was rated one of the safest sedans. It is a very heavy car, not sure if it's over 5000 pounds, but I think it's close.

I know BMW's also have a certain negative image, but I am a car enthusiast, and it is an absolute dream to drive. Germans really do know how to build cars.

104   OO   2005 Oct 14, 9:29am  

Surfer,

Stanford grads in BA are a dime a dozen, every other resume I see is from Stanford. Among my circle of friends, ALL of them have one sort of advanced degree or another, MBA, PhD, Msc, JD, etc. And there are lots of international talents from different countries coming here with their own patents. The fact of the matter is, places like NYC and BA really have a lot of world-class brains, and places with these brains tend to have extremely high cost of living.

I am not saying the current housing price is sane, it definitely needs to come down in real terms, but BA will always be hard to afford, it is just like London, Paris, NYC, etc. will always be out of reach for most population, especially with a more fluid international labor market so that you start to see competition from the best minds from India or China competing for the same shack down the street.

Back in 95/96, when BA was just coming out of the realty recession, the foothill areas of the South Bay was already going for around 650-800K, which of course more than doubled today. But it just won't go back to that price level, because we went through two bubbles in which some people DID keep the money they make from these bubbles.

105   Peter P   2005 Oct 14, 9:33am  

Stanford grads in BA are a dime a dozen, every other resume I see is from Stanford.

There are at least two on this blog. Probably more.

But it just won’t go back to that price level, because we went through two bubbles in which some people DID keep the money they make from these bubbles.

Not necessarily. Bubbles are psychology-driven.

106   OO   2005 Oct 14, 9:35am  

The world is always swining between two extremes. This wave of globalization will be replaced by closed-door policies and regionalism for a while, and then we will swing back to globalization. AG is not the only person who overshoots, we all do.

This wave of globalization is creating too many negative effects at home. There is simply no way we can outsource poor people overseas, so we need to keep some jobs for the underprivileged before they set the cities on fire. That will either manifest itself in politics (some kind of protectionism lunatic will emerge in sweeping popularity), in economics (most US consumers have no $$ to spend), or the combination of both.

So I think the opportunity for the next decade or so is on regionalism, focusing on serving local communities. Produce locally, consume locally, fuck the international cheap labor lol :-)

107   Peter P   2005 Oct 14, 9:39am  

The world is always swining between two extremes. This wave of globalization will be replaced by closed-door policies and regionalism for a while, and then we will swing back to globalization. AG is not the only person who overshoots, we all do.

I agree. But things do not swing the other way without catastrophes. Sadly, we may have to witness cities on fire, fascist leaders, and possibly wars before the tide changes again.

108   Randy H   2005 Oct 14, 9:43am  

SactoQt,

I admit to owning a SUV also. I'm not proud of it, and when I bought it almost 10 years ago, I had a lot more reason to justify it on practical grounds. We don't like it so much anymore, and gas prices are the final straw. But, with 2 dogs, a kid, and an extremely active life style we'll still need to replace it with something "big" and utility friendly (racks for stuff), and I hate minivans (which aren't very fuel efficient either). I've been holding out waiting for some reasonable SUV hybrids, or perhaps a wagon I actually like. All that said, I'm kind of getting sick of pulling anti-suv bumper stickers off my truck every time I have to park in Berkeley, lol.

Our other car is an older BMW, which we fight over driving rights daily. No one wants to drive the SUV.

109   Peter P   2005 Oct 14, 9:49am  

I’ve been holding out waiting for some reasonable SUV hybrids, or perhaps a wagon I actually like. All that said, I’m kind of getting sick of pulling anti-suv bumper stickers off my truck every time I have to park in Berkeley, lol.

SUV hybrid is a joke. You will end up with a "high-performance" truck with ok gas mileage.

How about Volvo V70?

110   Randy H   2005 Oct 14, 9:49am  

Sadly, we may have to witness cities on fire, fascist leaders, and possibly wars before the tide changes again.

The good news is that the US fares better than just about anywhere during times of heavy protectionism, because we already consume such a large portion of our domestic output. The bad news is that the rest of the world does not, and previous cycles of isolationism tend to have fairly ugly punctuation marks at the end of them. I forget who it was that said (in response to criticism over growing European exports in the 60s, mostly German Wirtschaftswunder related), that either Europe exports goods, or it exports war; the choice is up to us.

111   Randy H   2005 Oct 14, 9:51am  

How about Volvo V70?

(I might date myself here). As a former owner of a 1976 Ford Granada, and thereafter a 1984 Ford Tempo, I have hereby sworn to never, willingly own or otherwise encourage the ownership of another Ford.

112   Peter P   2005 Oct 14, 9:52am  

The good news is that the US fares better than just about anywhere during times of heavy protectionism, because we already consume such a large portion of our domestic output.

But we are so used to cheap, crappy imports nowadays...

113   Randy H   2005 Oct 14, 9:54am  

But we are so used to cheap, crappy imports nowadays…

That's an easier adjustment for us than the converse. Imagine how Germany or Japan would do if they lost wide, open access to our consumer markets (and the collateral damage they'd suffer when everywhere else follows suit).

114   Peter P   2005 Oct 14, 9:55am  

As a former owner of a 1976 Ford Granada, and thereafter a 1984 Ford Tempo, I have hereby sworn to never, willingly own or otherwise encourage the ownership of another Ford.

Understandable. How about Sabb 9-5 Sport Wagon? You have nothing about GM, right?

Do not buy a Saab. Lease one. Or face the consequences after three years.

(Not car-buying advice)

115   Peter P   2005 Oct 14, 9:56am  

That’s an easier adjustment for us than the converse.

I am not too sure about that... The business model of Walmart will break apart.

116   Randy H   2005 Oct 14, 10:05am  

I am not too sure about that… The business model of Walmart will break apart.

During times of protectionism, there is still open international trade, just bi-lateral in nature. I dare say that China will be very willing to enter into such agreements with the US very readily. Their alternatives aren't so attractive. The heavy hammer would fall on Europe and Japan (although Europe would also bi-laterally trade with China too, just less so than us). My only point is that the US wins at this type of international brinksmanship, and the other producing nations know it. Even with the Walmart model firmly in place, we are still nearly an 80% local economy. How about Germany, the UK, Japan?

117   Randy H   2005 Oct 14, 10:09am  

How about Sabb 9-5 Sport Wagon? You have nothing about GM, right?

I'm mainly about BMW and Audi right now; I just need to find some overpaying greater fool to fund my indulgance.

118   Peter P   2005 Oct 14, 10:37am  

WOW we really got far off topic…..Here is an interesting article at least related to the bubble.

What was the topic again?

There is no thread bubble!

119   Peter P   2005 Oct 14, 11:08am  

Warren Buffet? All you can eat? ;)

120   OO   2005 Oct 14, 11:40am  

I think Europe is more shielded than Japan. Isn't EU or Euro set up for a freer flow of goods and labor to create a big and sustainable internal demand from within?

Japan is in a worse situation than Germany, but its internal consumer market seems to be recovering. I will have a chance to take go to Japan soon so that I can observe from within. The most f*cked country here is China, and deservingly so. You just can't place the burden of growth of a 1.3B people country on someone else. I am all for closing the door to China, I would rather pay slightly more for goods to be manufactured in Mexico, after all, it is right at our backyard, and their wellbeing is more critical to us than China.

121   OO   2005 Oct 14, 11:40am  

I think Europe is more shielded than Japan. Isn't EU or Euro set up for a freer flow of goods and labor to create a big and sustainable internal demand from within?

Japan is in a worse situation than Germany, but its internal consumer market seems to be recovering. I will have a chance to take go to Japan soon so that I can observe from within. The most f*cked country here is China, and deservingly so. You just can't place the burden of growth of a 1.3B-people country entirely on someone else. I am all for closing the door to China, I would rather pay slightly more for goods to be manufactured in Mexico, after all, it is right at our backyard, and their wellbeing is more critical to us than China.

122   Jamie   2005 Oct 14, 1:08pm  

Just don't buy one of those BMW "sport activity vehicles." I think those things have less trunk space than a sedan. Or maybe not much more.

123   KurtS   2005 Oct 14, 1:15pm  

I love the looks of the Audi A4s of various years… do they run trouble free? Or are they exotic and in need of attention often?

I'm pretty impressed with my Audi sofar; it looks great and the road feel is fantastic. I have an '02 A4, and sofar it's been trouble free (w/ a tuned engine too). I think the worst part will be the scheduled maintenance for bigger items such as the timing belt.

124   SQT15   2005 Oct 14, 1:18pm  

I think BMW's are the best. My dad was in a head on crash in one, and it saved his life. I honestly can't afford one right now, and we got a really good deal on the SUV we have. I'll keep it as long as it has a warranty, and by then I hope to be able to buy something like a BMW. I'm also hoping that I can get something smaller when I have to haul less stuff, but with kids who knows when that will be possible.

Mini-vans are a horror thoough. I loved the cargo space, but I never felt safe because the handling was so bad. SUV's do have a high center of gravity but they handle better. My father-in-law was in an accident in his Ford Explorer when a Saturn pulled out in front of him. He barely felt the impact and his car suffered minor damage. The whole front of the Saturn was demolished. So there is something to be said for size. I do feel more secure in my car versus my husband's little Hyundai, though his has side air bags and would probably do fine in an accident.

I appreciate not getting thrashed for admitting to an SUV, so thanks! I do get the negative press the SUV gets, and I have seen tons of people around me buy the Escalades and Hummer's just for status reasons, which is pretty obnoxious. I drive a Ford, so not a lot of status there, and I've been lucky not to have too many problems with it. I also have the one with the smaller engine so gas prices are not as much of a problem. It costs me around $45-50 to fill and I can usually go 1 1/2 to 2 weeks on that. My mini-van wasn't much more economical, and a lot less convenient since it only had 3 doors -- another thing I hated. Anyway, I know I've rambled on but you know what they say... confession is good for the soul. ;)

125   SQT15   2005 Oct 14, 1:20pm  

Just don’t buy one of those BMW “sport activity vehicles.” I think those things have less trunk space than a sedan. Or maybe not much more.

Our friends had an X5 and they don't have a lot of cargo space if you carry passengers, kind of like the Toyota Rav 4. Maybe room for a few grocery bags and that's it.

126   Jamie   2005 Oct 14, 1:22pm  

"BTW, I think 528 is under 4000 pounds. "

Oops, LOL, you're right, I looked it up and it's only around 34-3500 lbs. Don't know what I was thinking...probably recalled comparing it to our previous small car, which was way lighter.

127   Jamie   2005 Oct 14, 1:24pm  

"I love the looks of the Audi A4s of various years…"

I think Audis have been out-performing BMW in Car and Driver in recent years...Can't remember which models. I try to keep my husband away from Car and Driver because it always makes him want a new car. ;-)

128   Jamie   2005 Oct 14, 1:27pm  

"Maybe room for a few grocery bags and that’s it. "

Yep. Like a car with a higher center of gravity and big tires. To create more cargo space in our sedan, we just bought a Thule rack and a cargo carrier. Works great for trips, and we're able to fit enough luggage and a stroller and a bunch of other junk in the car for long trips.

129   SQT15   2005 Oct 14, 1:33pm  

To create more cargo space in our sedan, we just bought a Thule rack and a cargo carrier.

Do the Thule's carry much stuff? They look kind of small. It's a good idea though. I mostly wanted to be able to take my kids friend's with us too, since I'm the neurotic mom who likes to be able to watch my kids as much as possible.

130   Jamie   2005 Oct 14, 1:44pm  

"Do the Thule’s carry much stuff? They look kind of small. It’s a good idea though."

We bought one that's the width and length of the roof of the car, and it can hold one large suitcase plus a bunch of stuff crammed in around it. We could probably fit all our luggage up there if we packed in duffle bags. In fact, that was our biggest space saver--buying duffle bags to replace some of our traditional luggage so that would could cram stuff in better. :-)

"I mostly wanted to be able to take my kids friend’s with us too, since I’m the neurotic mom who likes to be able to watch my kids as much as possible."

I know the people-space issue will be our big hang-up in a few years. Right now my kids aren't old enough to need to go anywhere with friends, and we live in a town so small I can walk most everywhere and don't have to drive. So, I guess I'll be able to haul two extra friends, but no more. :-/ Who knows if my 16-yr plan will really work out. It's just what I tell myself so I don't have to think of giving up my car.

131   SQT15   2005 Oct 14, 1:48pm  

Who knows if my 16-yr plan will really work out. It’s just what I tell myself so I don’t have to think of giving up my car.

I wouldn't want to give it up either. BMW's are great cars. I used to work for my dad and I got to drive lots of different cars, and there really is something to be said about German engineering. Once I drove a Porsche it was all over. I have never driven an American sports car that even comes close. But unfortunately I won't be able to drive a sports car until the kids are much older. Sigh........

132   Jamie   2005 Oct 14, 1:53pm  

"But unfortunately I won’t be able to drive a sports car until the kids are much older. Sigh…….. "

LOL. Don't the kids fold up easily?

A few years ago I witnessed my husband trying to cram a baby seat into the back of a Porsche. ("Look honey, it fits!...Sort of!")

133   SQT15   2005 Oct 14, 1:56pm  

A few years ago I witnessed my husband trying to cram a baby seat into the back of a Porsche. (”Look honey, it fits!…Sort of!”)

Lol

Who needs practical when you can have a Porsche?

134   Peter P   2005 Oct 14, 4:30pm  

I have never driven an American sports car that even comes close. But unfortunately I won’t be able to drive a sports car until the kids are much older. Sigh……..

I will be laughed at if I drive a sports car on the freeway at exactly 65 mph...

135   SQT15   2005 Oct 14, 4:46pm  

I will be laughed at if I drive a sports car on the freeway at exactly 65 mph…

Nah, most people who can afford something like a Porsche are smart enough not to wreck them. My dad actually let me borrow a Porsche once when my car broke down, it drove like a dream even at the speed limit. I don't feel the need to drive like a speed demon, I just enjoy a car that handles nicely.

136   Escaped from DC   2005 Oct 15, 12:41am  

Randy H wrote "As a former owner of a 1976 Ford Granada, and thereafter a 1984 Ford Tempo, I have hereby sworn to never, willingly own or otherwise encourage the ownership of another Ford."

I owned a ford escort and a ford taurus. I later took the same oath.

137   Peter P   2005 Oct 15, 3:47am  

Gotta scooter for around town errands.

Scooter? Is it safe?

Neighbor’s got a RR (used, very reasonable price), a Lamborghini SUV, two Range Rovers, and 2 classic American cars.

I think RR's are really cool because they weigh as much as a large SUV but they are as fast as sport sedens.

Range Rovers? I thought they are in the shop more often than on the road. Perhaps this is why they need two? ;)

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