patrick.net

Wishful thinking by someone :) .....houses will always be in high demand in places where you have jobs . This has been the norm from centuries .

Why bother when we can go ask NoRack Maddow over at
http://www.msnbc.com/
They got it frontpage also....

sbh says

SoftShell says

Look at the CNN webpage for the past week. The airliner gets 72 point font at top of page, while Crimea is 2nd billing mixed in with other shit....

Well, yeah. Go to Faux Noise if you want to make a big deal out of Crimea

It doesn't matter if they show up to the open houses, what matters is the same houses have been on the market since September and haven't moved. I see the same listings come back as brand new listings over and over again, but in reality it's just the same old house priced too high.

I've seen some very high end homes move in areas that surround Palo Alto, but not much action outside of that. My cousin who was here last weekend looking for a home said that the open houses in Palo Alto and Mountain View were well-attended, but the outer areas in SC county seemed to be slow, and the interest was very lukewarm. She felt there was far more interest in Santa Clarita were she lives.

Selling now is a good move. Buying in this market is for fools.

Please do not insult President Carter. I'd like to see a list of his positive and negative acts as President side by side with ANY of the last few presidents. Why vilify him?

Sometimes I am suspicious that the majority of people's opinion on Carter is based on the media version of him, and not on his voting record.

BTW, I think a little moral scolding would do the world some good. I am getting a little tired of the cult of proud sociapaths running the planet.

hrhjuliet says

Sometimes I am suspicious that the majority of people's opinion on Carter is based on the media version of him, and not on his voting record.

Agreed -- he's the one who got the hostages free, after all.

I have to live in the Valley for a few very legitimate reasons, or I would put my house on the market today. I'm trapped by family responsibility, which includes ageing family and a blind brother, plus I own a local thriving business that isn't the kind you can move, since it's based in almost 100% goodwill, and my husband is invested where he is working.

hrhjuliet says

BTW, I think a little moral scolding would do the world some good. I am getting a little tired of the cult of proud sociapaths running the planet.

But they have such glib, dismissive retorts when you confront them!

Renting is a good idea.

In other words, msnbc frontlining Crimea makes your comment below look like something from a 2nd grader on a.d.d. meds...

sbh says

SoftShell says

Look at the CNN webpage for the past week. The airliner gets 72 point font at top of page, while Crimea is 2nd billing mixed in with other shit....

Well, yeah. Go to Faux Noise if you want to make a big deal out of Crimea.

APOCALYPSEFUCKisShostikovitch says

Why is Obama fucking Putin in the ass on a horse?

Must have mistaken him for Fred Phelps.

Page ii of the report:

During FY 2013, increased receipts and decreased outlays combined to reduce the budget deficit by $409 billion (37.6 percent) to $680 billion.

Nice pretty charts that you pulled, but it doesn't prove the point.

Call it Crazy says

Apparently, you didn't make it to the second...

You and the uninformed person at the link you sent aren't differentiating between "net operating cost" and "budget deficit." Look at Table 3 in page 7 and also page 7 generally.

Call it Crazy says

the GAO’s more accurate accounting shows a total government cost of $3.8 trillion

In addition, that $3.8 trillion dollar amount you quoted is neither gross cost nor net cost -- I'm not entirely sure what it's supposed to be. On page 4:

The Government’s gross costs increased by 2.5 percent to $3.9 trillion. Deducting $415.5 billion in revenues earned for goods and services provided to the public (e.g., Medicare premiums, national park entry fees, and postal service fees) and adding $131.2 billion in losses from changes in assumptions (e.g., interest rates, inflation, disability claims rates) shows that the Government’s net cost decreased by $157.7 billion (4.1 percent) to $3.7 trillion during FY 2013.

Maybe you can explain where that $3.8 trillion number comes from?

corntrollio says

This book about the crash doesn't mention anything about the transponder being intentionally shut off. It says that ATC thought it might have been shut off because that's what you typically do on a military plane, according to this book, but there's nothing in here that says it was shut off or that other comms were shut down.

But I find multiple references to the crew turning off the busses, and this pilot says that if you turn off all the busses, you will disable communications and transponders. Is that not true? Are those systems not connected to any of the busses?

Conditions in the cockpit deteriorated as the pilots were following the emergency checklist for smoke. The checklist required the pilots to turn off the cabin electrical busses, which are connected to (among other circuits) the air recirculation fans above the cabin ceiling.

http://www.alpa.org/portals/alpa/magazine/2003/Aug2003_Swissair111.htm

Again, the theory isn't that they desired to turn off the transponder per se, but that they would do so in the process of determining which system was on fire, right?

Homeboy says

But I find multiple references to the crew turning off the busses, and this pilot says that if you turn off all the busses, you will disable communications and transponders. Is that not true? Are those systems not connected to any of the busses?

I think he is being a little too general when saying "busses." It really depends on how the wiring is set up.

The transponder has a combination of controls that affect it on a 777 -- I believe you turn a rotary knob for certain modes, and you can key in things for other modes (e.g. to change the squawk).

For the ACARS system, I believe you have to go into the front EE bay in order to disable it, but not entirely sure.

You'd have to have a checklist and/or wiring diagram to be absolutely sure, but it makes sense to not put everything on the main circuit. For example, it'd make more sense to have to intentionally disable comms or transponders, as opposed to having a master switch. For example, I doubt the *cabin* electrical affects the cargo hold, but that may be something else that's on the checklist. They may very well have done so on SR 111, but the source of the fire was fairly obvious on that flight -- wasn't coming from the transponder area.

The point I'm making is that this guy asserted that the comms and transponder on SR 111 were off because the pilots turned them off, but the pilots would have turned them back on as soon as they figured out they weren't causing the problem. If they were off at the time of the crash, it wasn't because the pilots had specifically disabled them, as is the suggestion for MH 370. If they were off at the time of the crash, it's because the fire disabled them.

I dunno...lets ask her!

sbh says

But the important thing is: what does Palin think this says about Putin?

Thats true...when she was normal she had one the commies couldn't stand....
Once they laid their eggs, the old apple went byebye...

sbh says

It's clearly a criminal liberal plot to divert attention from Maddow's adam's apple.

I can only vouch for my area and the houses go pending immediately after first open house. This is 95124 bordering LG.
I myself would love some slow down but that's not reality.

jojo says

cloud15 says

Wishful thinking by someone :) .....houses will always be in high demand in places where you have jobs . This has been the norm from centuries .

It's not wishful thinking. I'm not looking to buy anything. Do you have any constructive comments about the article?

SFBA is different. Free money rains here , look at the valuation of FB, nflx, whatsApp, LinkedIn . It all trickles down to employee level too.

jojo says

cloud15 says

SFBA is different. Free money rains here , look at the valuation of FB, nflx, whatsApp, LinkedIn . It all trickles down to employee level too.

I can tell you from where I sit people are looking at the whatsapp deal as an indicator of peak insanity. I wouldn't make any big bets on things continuing like that.

I agree with you , it's all insane. I said the same thing when Instagram was and I thought that we are in Tech Bubble 2.0 but it has been continuing.Not sure when would it bust though .

Like they say, something gotta give.

hrhjuliet says

Please do not insult President Carter. I'd like to see a list of his positive and negative acts as President side by side with ANY of the last few presidents. Why vilify him?

Sometimes I am suspicious that the majority of people's opinion on Carter is based on the media version of him, and not on his voting record.

Still waiting on the comparison list.

I am an optimist. I like to think of Carter as a one term Obama rather than Obama as a two term Carter, that's slightly less depressing.

corntrollio says

I think he is being a little too general when saying "busses." It really depends on how the wiring is set up.

Hmmm....still trying to understand this. My question was, if you turn off all the busses, would you cut power to the transponders, rendering them inoperative? The author seems to believe that is a distinct possibility. How is that "too general"?

corntrollio says

The transponder has a combination of controls that affect it on a 777 -- I believe you turn a rotary knob for certain modes, and you can key in things for other modes (e.g. to change the squawk).

O.K., maybe I'm still not understanding this. I'm thinking turning off the busses would be somewhat similar to turning off circuit breakers in your house - it would cut all power to that circuit, right? So what the controls do would be irrelevant, wouldn't it? If I turn off the circuit breaker that supplies power to my living room, my television set would turn off. Whatever buttons there are on my T.V. would have nothing to do with it, right?

corntrollio says

They may very well have done so on SR 111, but the source of the fire was fairly obvious on that flight -- wasn't coming from the transponder area.

I think I get what you're saying here, but isn't the recommended procedure to shut off ALL the busses, then restore them one by one? And why would we assume that the crew on the Malaysia flight would know where the fire was, assuming there was a fire?

corntrollio says

The point I'm making is that this guy asserted that the comms and transponder on SR 111 were off because the pilots turned them off, but the pilots would have turned them back on as soon as they figured out they weren't causing the problem. If they were off at the time of the crash, it wasn't because the pilots had specifically disabled them, as is the suggestion for MH 370. If they were off at the time of the crash, it's because the fire disabled them.

Hmmm....did he say they were off at the time of the crash? I think all he said was, "Guess what? The transponders and communications were shut off as they pulled the busses." That's not too clear. He doesn't really indicate if they stayed off or were switched back on. But what he's saying might have happened on the Malaysia flight was that they switched off the power and never GOT the chance to switch it back on because they were incapacitated by the smoke.

I definitely see your point, though. It doesn't read as a well-researched report, but rather as a pilot just spitballing ideas about what might have happened, which I think is what he was doing. Still, it makes more sense to me than some of the convoluted theories about terrorism or pilot suicide.

jojo says

Hey, bird brain. Look at my past comments and look at where I live and what we were discussing yesterday. What do you think I do for a living? Once you figure it out maybe you will have a clue.

Based on your complete lack of knowledge of finance, I could come up with a multitude of postential occupations for you. Most of them involve wearing a uniform...

Wouldn't the Lithium-ion batteries batteries have to be in use to catch fire? Neither article says how much of them were on the plane, in in cargo hold.

Wouldn't drones be well suited to search for the wreckage over open ocean?

bubblesitter says

Hmmm...I have yet to see the proof.

What is it you are looking for him to provide? Addresses an sales histories?

Just curious.

Where are the buyers? In China.

Who are they? Gay Trillionaire Chinidians who shit gold and eat caviar off the asshole of their gay lover.

@ Call it Crazy

The generation which is supposed to buy isn't because of baby boomer assholes who bought extremely cheap and now expect them to buy it 100X for a 3/2 shithole.

They took their jobs, refuse to retire, refuse to die and now have the nerve to make smart-aleck remarks such as "get a job!"...

"go to college and pay all by yourself 6 figures which should magically materialize somehow"

Yet all over this forum you've not accepted that the boomers are bunch of fucking hypocrites who have a large blame (not the only blame).

You blame the younger teen to 30's generation.

Even though every articles like these you post all over about lowest housing sales ever.

The majority of house buyers are supposed to be early 20's to mid 35's.

Not old fuck's. The old fuckers belong in the senior citizen housing community open house.

Articles like these prove that the demographic (20-35 years age) which is supposed to buy is not able to afford the prices and the job market is prejudiced against them.

No-one will give them experience. But the boomer asshole had everything handed to them.

Those dirty cockroach slave degenerate motherfuckers.

Call it Crazy says

Let's see if I can sum up this big paragraph in three words.....

Whaa, Whaa, Whaa......

Let's see if I can sum up this big cowardly response in a few words...

"I'm a coward boomer with a vested interest who has no rebuttal, no comeback, no counter-argument and cannot come with any logical defense for each point... So I resort to childish "Whaa, Whaa, Whaa" jokes and other "talk to my hand" 5-year old ways to get out of arguments because I'm a boomer asshole who pretends to be an adult but has had everything handed to them but has the nerve to criticize others who I expect to mooch off my pension from."

Go fuck yourself... You've been dismissed and exposed as a cowardly boomer who can't counter-back.

Its more lack of demand than lack of inventory.

Call it Crazy says

Keep carrying on loser...

Ahhh my god... You called me loser over the internet? I'm going to cry now because I value what you think of me.

bg says

What is it you are looking for him to provide? Addresses an sales histories?

Just curious.

Sure, including numbers to prove that positive cash flow, otherwise I believe everything I read on internet. LOL.

jojo says

We will also take into account the 6% commission to exit the trade.

Ok, so you will consider it a "win" if the median Price increases less than 6%.

Call it Crazy says

The combination of steep price appreciation and rising mortgage rates is likely coming as a shock to many prospective buyers, particularly first-timers.

That is the crux of the problem and why the "recovery' can't last

Still waiting.

Are you kidding Jojo?

jojo says

Redfin site 2 years from today then you are the winner. Very simple.

Perhaps this should be adjusted for inflation.

I bet that it makes a little tiny zig zag here and there all year. Like a little bipolar line that when looked at distance, or when looked at over a two year span, is nothing more than a flatline. I think it will start to head noticably down in November, but not a crash, just slowly downhill for a few years. Of course, I'm not betting because my prediction is just a layman's guess, and you two clearly have more experience.