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The Perfect House


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2006 May 24, 12:36pm   6,946 views  110 comments

by Peter P   ➕follow (2)   💰tip   ignore  

Describe the perfect house (or steak, sushi, car, knive, fountain pen, etc) in your mind. Tell us why it is perfect.

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103   astrid   2006 May 25, 8:59am  

If you were really drunk and squinted just so, a female chimp looks like a very hairy woman with bad posture.

104   Joe Schmoe   2006 May 25, 9:06am  

DINOR,

That is exaclty right. In general, you cannot recover non-economic damages (i.e. .emotional distress, loss of consortium, etc.) for the death of a pet. The recovery is limited to the value of the animal. Since a lot of pets have no fair market value, courts generally give the owner a few hundred bucks as a form of rough compensation.

If someone intentionally kills an animal in your presence -- i.e. tortures the family to death while the owner watches helplessly -- you might theoretically be able to recover non-economic damages for intentional infliction of emotional distress. Tort law sometimes alllows for bystanders to recover for the psychological injury of, say, watching their loved one get
run down by a drunk driver.

I don't know of any reported cases involving pets that get run over, but if the owner of the dog is proceeding an intentional or negligent infliction of emotional distress theory, he might have a shot.

105   surfer-x   2006 May 25, 9:06am  

Perhaps someone shared a syringe with a month.

huh?

106   tsusiat   2006 May 25, 9:14am  

OO said:

My perfect house is situated atop a rolling hill somewhere spanning around 5+ acres, studded with oak and fruit trees. Sunshine all year round, with occasional clouds hanging over the mountain range in sight. My piece of land will not look on to the urban center directly, it will steal a small peek of the city lights from behind the knolls and woods.

Jack Kerouac described this place in the Dharma Bums, where Japhy had his shack up a hill, and the big main house was full of carpenters, kids, bongo drums and poets.

Sigh.... I expect the actual house Kerouac was describing is now under a strip mall somewhere...

107   astrid   2006 May 25, 9:54am  

Anybody ready for a new thread?

What if they're right?

108   astrid   2006 May 25, 11:13am  

I always wanted my own teak plantation

109   StuckInBA   2006 May 25, 11:26am  

Idea for a new thread.

What's next ?

I think we can declare that we reached the first point on the trajectory. Sales are down big time, inventory has exploded, price appreciation has stopped, bidding wars are out of vogue, and we are even seeing some price reductions (not in all areas, but in many).

This was how it was supposed to happen. It did. No surprises so far.

What's next ? What should be the next set of conditions we should look forward to ? When do we expect to see it ? What kind of market do we see in Fall ? Or do we have to wait for next "spring selling season" for another checkpoint ? What might surprise us ?

The inventory up, sales down story will likely continue its course if left untouched. Can the Fed or anyone try to tweak things here and there ? There are reports/rumours that Bank Of Japan is taking liquidity out of the market. This can only hasten the downfall. What else is also probable ?

110   astrid   2006 May 26, 5:57am  

jerky,

Perhaps. However, would you really be paying more if you sold and rented? You could dump that 90% gain in an income producing asset and that'll probably pay for your rent.

I acknowledge that doing so would bring you a different set of risks, but I don't think you can discount your current equity in the house when you do present value analysis.

Disclaimer: not investment advice

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