Zillow says our home is about 20% off the highs, since nothing is moving I suspect in a pinch sale it is much lower. I am a volunteer on Neighborhood Watch as growth has come with a cost.
I just looked at crime stats from Igy's city...crime has fallen every year there since 2019.
Interesting. Iggy must be making the difference in his Neighborhood Watch patrolling!
I checked housing sale stats for that city and they are down about 6% off their highs as of the 4th qtr, 2023, and listing prices are down a little less as of March '24.
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typo
maser asked about my car situation...no moves yet. I have a 2016 so I figure 2026 is the year I think about a switcheroo.
While the Giulia is still the everyday car I'd prefer over all others...from what I've read they never ironed out dozens of electrical gremlins. Especially bad for cars that sit and don't move for weeks at a time. You almost have to have a trickle charger in that situation...or the battery dies regularly. And my cars do sit for long periods of time.
So right now I'm looking at the Acura Integra Type S. It just came out new as a 2024 model...I figure in 2026 it will be down to a price I'm willing to pay for a hot rod Civic. Seems like just the right car...four doors, trunk, just less than scary fast, great handling, fun to drive, reliable...and built in Ohio. If you don't know it...it's a Civic with 300+ horsepower and all kinds of handling and luxury upgrades. it's the same car as the famous Civic Type R but softened and luxed up a bit.
As I have mentioned before, bought an Acura TL-S new in 2002. Still drives well, interior has held up, although I did have the transmission rebuilt in 2023. By far the best vehicle we ever owned.
I just looked at crime stats from Igy's city...crime has fallen every year there since 2019.
Interesting. Iggy must be making the difference in his Neighborhood Watch patrolling!
I checked housing sale stats for that city and they are down about 6% off their highs as of the 4th qtr, 2023, and listing prices are down a little less as of March '24.
The issues may be consider small by some. For example, teenagers riding go-carts down city streets, late hour horsing around, and break-ins, but things unheard of a decade ago.
In regards to real estate, my take is the listing prices are wish lists at best. The most recent listing is at an outrageous prices. Exterior needs painting, window screens worn, yard in poor condition. Interior photos looks nice. It appears someone is living in a small portion of the house. Neighbor recently divorced has his house up for sale two months now, cut the price $10k the previous week. Few showings after the first couple weeks of open house.
There are a myriad of ponds by our house, and surrounding subdivisions. Fishing is prohibited, and there is plenty of fishing available in designated areas where allowed. Anyway, starting during the Covid period young people stated using private areas as if they were public parks. One evening a year ago nine people were fishing out my back door, like they owned the place. They were nasty, and willing to put it in your face. That was until they were arrested in an adjacent neighborhood. Strangely it stopped. The nonsense currently going on college campuses is very reminiscent of the 1970s. Fortunately we can call police, they show up.
There are a myriad of ponds by our house, and surrounding subdivisions. Fishing is prohibited, and there is plenty of fishing available in designated areas where allowed. Anyway, starting during the Covid period young people stated using private areas as if they were public parks. One evening a year ago nine people were fishing out my back door, like they owned the place. They were nasty, and willing to put it in your face. That was until they were arrested in an adjacent neighborhood. Strangely it stopped. The nonsense currently going on college campuses is very reminiscent of the 1970s. Fortunately we can call police, they show up.
I admire Musk's can-do optimism but he's full of mierde so much.
He's lying about Tesla battery ranges forever, he made up stuff about robot taxis for a long time, he couldn't get the cyber truck delivered on time...and a year ago he said there was a near-100% chance of an orbital starship by now.
Didn't happen. He's ;ost the trust of investors, clearly. Stock getting recked. down 12% per year for 3 years.
4/30/2023
Mr. Musk did not promise full success on the second try. He said he expected four or five more Starship launches this year. “We’ve probably got an 80 percent probability of reaching orbit this year,” Mr. Musk said. “I don’t want to tempt fate, but I think close to 100 percent chance of reaching orbit within 12 months.”
Since the purchase of X Musk is no longer the hero of the left. Elon was always a carnival barker, and it allowed him to create his empire. EVs have not fulfilled their promise to be this green new deal. The tons of minerals unearthed just to make a battery, and by some estimates CEVs are more environmentally friendly. The Tesla truck has to be the ugliest vehicle since the Edsel.
Wild how long the inversion has been. Were outside the range this poster set up of recession prediction...and the economy is roaring at nearly 4%. Yet another 'it's different this time' but it actually is different this time.
Don Johnson @DonMiami3 With the last 5 recessions - the 10 year / 2 year spread inversion bottoming served as a leading warning prior to recession. Rolled across the last 5 - you get an average time from bottoming to start of recession around 290 days.
Forecasting that average (assuming the spread has bottomed) and assuming a hard landing - that would place the start of a recession in the period between now and April of 2024. Given the leverage and disinflationary pressures in the economy - I think the Fed is going to be facing real opposition to further hikes. Don't rule out the possibility of a continued pause at the next meeting, but the consensus will be for another 25bps. If core stays entrenched the pressure is to overdo it.
Last edited 10:15 PM · Jul 10, 2023 · 83.8K Views
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Since the purchase of X Musk is no longer the hero of the left. Elon was always a carnival barker, and it allowed him to create his empire. EVs have not fulfilled their promise to be this green new deal. The tons of minerals unearthed just to make a battery, and by some estimates CEVs are more environmentally friendly. The Tesla truck has to be the ugliest vehicle since the Edsel.
musk isn't a carnival barker, that's not fair...his companies have done at least two things virtually no one thought possible: private spaceflight with reusable boosters that are better than anything nasa or russia ever built, and establishing an important, massive electric car company.
These things are remarkable.
But a lot of his strategy has been making promises that recently have not been met...overpromising and underdelivering is a path to a very low stock price. And yes his politics have proven very bad, ignorant and misleading in instances.
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And bringing this into the realm of 'politics in the board room' reference in the previous posts, this one would be more akin to bringing the 'board room into politics,' would it not?
This poster was correct that the market didn't care about falls in bank deposits. But wrong to raise a yellow flag about it. Financial stocks up 24% over the past year.
He gets extra negative points for the great depression reference.
Dom White @DomWh1te We're currently seeing the largest decline in US commercial bank deposits since 1934. Feels like I'm in a minority thinking this is important.