Patrick

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joined 2005 Apr 3, 9:31am   United States 313 posts   1,628 comments   following x   ignore ignoring Patrick x ignore


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Debt pile looming large over Chinese households (theedgemarkets.com)
by Patrick on 26 Apr 2018  2 comments, latest an hour ago
http://www.theedgemarkets.com/ On the back of a boom in property prices, household borrowing has been climbing for ten years straight, at a pace that rivals any such run-up in major economies....

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University degrees get consistently less valuable, especially compared to high-paying manual trade jobs (npr.org)
by Patrick on 26 Apr 2018  11 comments, latest 2 hours ago
https://www.npr.org/sections/e While a shortage of workers is pushing wages higher in the skilled trades, the financial return from a bachelor's degree is softening, even as the price — and the...

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California ecology groups helped to kill the most eco-friendly housing bill ever proposed (slate.com)
by Patrick on 26 Apr 2018  1 comment, latest 2 hours ago
No interest group was more exposed by the saga of SB 827 than California’s environmental movement. Except for Malthusian tree-huggers who actively seek to reduce the state’s population growth—“California is...

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We need more housing (leginfo.legislature.ca.gov)
by Patrick on 26 Apr 2018  5 comments, latest 6 hours ago
From a reader:I have a question for you in regards to real estate. I have this friend who is a total bull when it comes to real estate (he's done...

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Canadian realtor wants alimony reduced because housing market is plummeting (cbc.ca)
by Patrick on 26 Apr 2018  Posted 6 hours ago
http://www.cbc.ca/news/canada/ The court agreed that the skyward trajectory that has marked the local real estate market for years appears to have ended."I accept that the respondent has reason to be...

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Expensive cities simply need MUCH MORE housing (vox.com)
by Patrick on 26 Apr 2018  Posted 6 hours ago
https://www.vox.com/2018/4/20/ There’s simply no good alternative to increasing the quantity of dwellings available in the expensive parts of expensive metropolitan areas. Whether that’s done purely by re-legalizing market-rate construction, by...

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about patrick.net
by Patrick on 9 Feb 2015  236 comments, latest 7 hours ago
Please read the moderation policy before commenting.Then read the original articles that made this site famous:https://patrick.net/pos https://patrick.net/post/12827 https://patrick.net/post/12827 If you hate this site, please allow me to start your own...

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The great exodus out of America’s blue cities (thehill.com)
by Patrick on 25 Apr 2018  18 comments, latest a day ago
http://thehill.com/opinion/fin With between up to 50 percent of their paycheck going to a combination of federal, local and city taxes, not including other consumer taxes baked into every aspect of...

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San Francisco to hire needle cleanup team (sfgate.com)
by Patrick on 24 Apr 2018  11 comments, latest a day ago
https://www.sfgate.com/news/ar The mayor of San Francisco says he's hiring 10 workers whose sole responsibility will be to clean up needles littering the streets.San Francisco Mayor Mark Farrell said Monday the...

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BARF (Bay Area Renters Federation) organizes to stop NIMBYs (mobile.nytimes.com)
by Patrick on 24 Apr 2018  5 comments, latest a day ago
https://mobile.nytimes.com/201 San Francisco does not have enough places to live. Sonja Trauss, a local activist, thinks the city should tackle this problem by building more housing.This may not sound like...

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Impact Of The New 2018 Tax Law On Real Estate Owners (aspenvalues.com)
by Patrick on 7 Jan 2018  31 comments, latest 2 days ago
http://www.aspenvalues.com/Blo As a result of doubling the standard deduction to $12,000 for single filers and $24,000 for married filing jointly, according to Moody’s Analytics, as many as 38 million Americans...

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CA housing shortage is not an unintended policy outcome (carlaef.org)
by Patrick on 24 Apr 2018  3 comments, latest 2 days ago
https://www.carlaef.org/ The housing shortage is not an unintended policy outcome.California’s housing shortage is strangling its residents and businesses. Every type of person and business is affected by this crisis.Our shortage...

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7 reasons stocks are better than real estate (marketwatch.com)
by Patrick on 24 Apr 2018  2 comments, latest 2 days ago
You’ve heard this before: Stocks, over time, outperform real estate.There are many schools of thought on this but one common statistic that gets tossed around shows equities over the past...

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CA housing costs “crowding out” personal consumption, cash going to landlords and lenders instead of retail (chicoer.com)
by Patrick on 24 Apr 2018  3 comments, latest 2 days ago
http://www.chicoer.com/article Californians could be spending at least $50 billion more than they do dining out, going to the movies or shopping. But high housing costs are “crowding out” personal consumption,...

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Buying becoming an increasingly worse deal relative to renting (themaven.net)
by Patrick on 24 Apr 2018  Posted 2 days ago
https://www.themaven.net/misht As buying a house gets more expensive relative to renting the equivalent property, the instability of the whole system increase. And buying has consistently become a much worse deal...

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A 2:15 Alarm, 2 Trains and a Bus Get Her to San Francisco Work by 7am (mobile.nytimes.com)
by Patrick on 23 Apr 2018  14 comments, latest 2 days ago
https://mobile.nytimes.com/201 Sheila James starts her Monday, and the workweek, at 2:15 a.m. This might be normal for a baker or a morning radio host, but Ms. James is a standard...

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One San Francisco lawmaker wants more affordable housing. Cue the fury from NIMBY leftists. (theamericanconservative.com)
by Patrick on 23 Apr 2018  Posted 3 days ago
http://www.theamericanconserva California State Senator Scott Wiener, a Democrat representing San Francisco, is an avowed progressive who has come up with a startling new doctrine to advance his leftist cause—the law...

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The Scientific Importance of Free Speech (quillette.com)
by Patrick on 22 Apr 2018  9 comments, latest 3 days ago
http://quillette.com/2018/04/1 Today, there are many reasons to be concerned over the state of free speech, from the growing chill on university campuses to the increased policing of art forms such...

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San Francisco rents are lower than 2.5 years ago
by Patrick on 19 Apr 2018  9 comments, latest 5 days ago
Why is the 7% to 9% decline in SF rents never in the news?

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Six Housing Markets At Risk Of Another Correction (forbes.com)
by Patrick on 17 Apr 2018  20 comments, latest 6 days ago
https://www.forbes.com/sites/p The soaring housing markets of the United States, Sweden, Canada, Norway, Australia, and the United Kingdom are at risk of another correction that could turn into a crash in...
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The Housing Trap
You're being set up to spend your life paying off a debt you don't need to take on, for a house that costs far more than it should. The conspirators are all around you, smiling to lure you in, carefully choosing their words and watching your reactions as they push your buttons, anxiously waiting for the moment when you sign the papers that will trap you and guarantee their payoff. Don't be just another victim of the housing market. Use this book to defend your freedom and defeat their schemes. You can win the game, but first you have to learn how to play it.
115 pages, $12.50

Kindle version available


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