patrick.net

Space_Acer,

We love ya' like a brother but in truth... we just don't get that emotional about software here. Well, I don't intend to speak for others so if you like getting emotional about it? Don't let ME stop you.

Space_Acer Says:

Had we not had a “Computer Revolution” back in the 1980s in SV (Silicon Valley) I doubt we would even be talking about this. We would still be sitting in a orchard field which is a low margin business and seen land prices been flat since 1950s. There would be no demand for land here … there was no reason…
_____

How about the weather? Good weather would have boosted prices a bit.

How about the Great Pumpking patches off Santa Teresa Blvd., where the Great Pumpkin would appear to Charlie Brown every year?

What about all the great punkin pie you could 'uv made? & the Porkypines and Hamsters roaming around the foothills & stuff & junk & what not?

It is fine to be emotional about software. It is also fine to call me an idiot. I am not emotional about it. :)

:)

Just frustrates me, because folks like tOs drop late into every 3rd thread and spit out the same crap over and over. But it's well formed enough so that, if taken in isolation, it sure sounds credible to any new readers.

Maybe we need one of those "click on the name and see all their previous comments" functions here. Want to see tOs' cut & paste calculations, then looky here!

Ah well. Send 'er off to cartoon real estate land. I hear there's a huge bubble in progress there.

www.bonds.is (OT)

(Check out THAT yield!)

There are bigger fish to fry.

Can we grill the fish instead? I heard it is more heart-healthy.

(Check out THAT yield!)

WTF!? A slippery slope yield curve?

"click on the name and see all their previous comments"

Now THAT would be a waste of perfectly good technology!

Peter P,

I should have added:

NIA :)

newsfreak,

If you were to click on the Central Bank Policy Rates link you'd see that from JAN '05 to today their (Icelandic) short term rate has gone from 8.25% to 14.25%. Most folks would consider that downright slick.

I work in retail at the moment,
and I luvvvv capitalism,
that place where the consumer and the product intersect
and there is a sale,
a happy face.

I agree with you.

Peter P Says:

> SF is a self-proclaimed liberal city. Can someone tell
> me why it is so adverse to changes (e.g. redevelopment,
> demolition, etc)? I thought liberals are supposed to
> be open-minded.

Liberals only like some kind of change for example they would support the demolition of a big single family home to build a homeless shelter (with bonus points if a white family lived in the home and the shelter was financed with a tax on homes in the city over 5,000 sf and double bonus points if all the homeless people were gay minority drug addicts with AIDS).

Liberals would not support the demolition of a drug and gang infested housing project by a for profit developer who agreed to house the same number of people in a nice new development that would be built without a penny of public money (if the city would give developers density bonuses they could house double the number of people we have in public housing today for free that would be financed by the rent and sale of market rate units on the sites).

FAB, you are very insightful.

the market is more difficult to understand when it comes to labor and wages.

This is because of asymmetric information. We can empower ourselves by knowing more.

DinOR Says:

> Who was it that once described a home as
> “a high maint. long term depreciating asset off-
> set only by it’s utility function”?

Last time I remember us talking about “high maint. long term depreciating assets” was when SFWoman was explaining what a “Bowling Trophy Wife” was…

We should all live on fenceposts like birds.

I can fly!

"SFWoman was explaining what a "Bowling Trophy" Wife was..." LOL!

Now that you mention it, the outcomes of both seem inevitable!

I guess the big difference is the BTW doesn't come complete with a mortgage int. deduction. :(

DinOR,

How about those Harley EDA's?

They don't look in too bad condition either; Just have to wait for the prices to drop some more.

Ooops! The Link

Holiday Asked...
"How about the weather? Good weather would have boosted prices a bit."

For a peach! sure it would. We had great weather in the central valley for decades, prices were still down. I sure didnt see any inflation above med prices 2-3x med income.

SocketSite has a forum. Low volume so far but could be interesting place to monitor exchanges among prospective BA buyers & sellers.

http:/s.socketsite.com/index.php

Motorcycles get 50 miles/ gal.

Perhaps we should be Wild Housing Hogs.

Bicycles get even more. :)

OFFTOPIC: I posted a comment a while ago and now I look and it says "Awaiting moderation". Why? I sporadically comment here and have always been nice. Never insulting. Never trolling. You can look at all my previous comments.

I don't understand.

SG, did your post contain two or more links? Did it contain one of the banned words like "sociali$m" (I believe it is "ciali$" that we wanted to block)?

theotherside Says:

> How much do you think that that house bought in
> 1977 for $53,500 would cost today in 2007?

Depends on where it is:

Woodside: $4mm

Burlingame: $1.8mm

Orlando: $425K

Cleveland: $125K

allah,

Leave it to Mr. Roubini to create the "Harley Index"! Man... that is a lot of chrome up for auction ain't it?

allah Says:

> DinOR, How about those Harley EDA’s?

Harley has some tough times ahead as their target market (Low IQ Boomers, and Closeted Homo Boomers) gets older and stops paying top dollar for the pile of crap noise makers that Harley calls motorcycles…

"Still. It is hard to image what would have happened without DOS and Windows. Technically superior products are useless if they do not sell."

Absolutely. Look what happened to the Amiga 2000, which had 4096 colors and multi-tasking while Mac was was still a black&white single tasker. The English really porked the marketing on this marvel by deliberately making it harder for 3rd party add ons (like Video Toaster).

Microsoft compares to the Model T Ford. Not the best car by any means, but the one that put America on wheels.

Microsoft compares to the Model T Ford. Not the best car by any means, but the one that put America on wheels.

And in this case, Microsoft puts a computer on every desktop. Bravo!

SF is a self-proclaimed liberal city. Can someone tell me why it is so adverse to changes (e.g. redevelopment, demolition, etc)? I thought liberals are supposed to be open-minded.

Most people who live here like San Francisco just fine the way she is and are adverse to changing what works very well for most of us. Compound that with the very democratic decision making process and you have the recipe for slow decision making.

The truth is that San Francisco has build 25,000 new units in the last decade, more than all of Marin county and more proportionally than any city on The Peninsula. SOMA has changed dramatically in the last decade and China Basin even more so. I literally did not realize where I was exactly the last time I was there, and I used to work in that neighborhood.

Sorry, you are going to have to find another straw man to beat up on.

I think FAB is wrong in his characterization of what "liberals" in San Francisco are like. But what he would probably call a liberal, I would call part of the far left. People like Chris Daly are hardly liberal. Even they would deny it. I have a bunch of friends who consider the word liberal an insult to hurl at people like me who are "appeasionist" to capitalism.

And even Chris Daly has championed plans to allow developers to increase their density requirements and reduce their parking requirements, both of which increase developer profits, in return for increasing the amount of housing required to be built as low income.

And Space was correct it was Garry Kindall who first made the first DOS and not Bill Gates.

True. But who made money out of it?

in return for increasing the amount of housing required to be built as low income.

In a free market there are no requirements for density, parking, and low-income housing. The market sorts itself out.

The very need to have BMR housing units is suspicious enough.

Oh, my prediction for what the Bay Area is like in 2037:

I think 10M people will live in the area, up from 7M today, but the roads will be much less congested because gasoline will be $20/gallon. Most people will commute in little electric smart carts that will drive them around and allow much faster and easier transportation. When they get to their destination, they will park their carts and either walk or take bicycles.

Homes will average $3M in San Francisco, but the overall cost of ownership will be less, since interest rates will be 3% and inflation will be 1%. The average family income in the Bay Area will be $300k, but most things will actually cost less, as globalization really kicks in. Anything that can be made in China will be much cheaper. Homes, medicine and college education will all be much more expensive though, balancing things out.

None of us will actually do any manual labor, in fact we will get paid our enormous salaries for posting at blogs like this one at work. All manual labor will be outsourced to Mexico and China and any actual grunt work will be done by robots, operated remotely by illegal aliens living in Nevada.

The Bay Area will be even special than it is today, because global warming will moderate the climate and the coast will be the only place anyone will want to live. And there will be genetically engineered plants that everyone will plant in their backyard which will produce delicious and healthy foodstuff, so no one will every have to go shopping for food again.

Genetic programming and plastic surgery will be commonplace and combined with the improved weather, beautiful women (and men) will routinely walk around naked, displaying their glorious bodies for all of us to enjoy.

Okay, I can think of any more utopian bullshit to spew, so I am going to have to stop here...

The Bay Area will be even special than it is today, because global warming will moderate the climate and the coast will be the only place anyone will want to live.

Huh? If "global warming" is real than Bay Area will be way too warm. British Columbia will be prime.

"any actual grunt work will be done by robots, operated remotely by illegal aliens living in Nevada."

LOL

I sure hope this chart is wrong,it shows that the dollar just plummeted! :twisted:

Try this one.

Please be very careful with financial data. There are glitches all the time. This is why I am very suspicious of non-exchanged stop/limit orders.

Allah, I believe that the trade got misrecorded. 8.294 instead of 82.94.

If that wasn't just misrecorded, but actually mistransacted, then somebody is going to be seriously po'd when they see that.

:D

Off by a decimal point and it's not even april fools day! :lol: