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Election '06


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2006 Nov 7, 4:45am   30,111 views  331 comments

by Randy H   ➕follow (0)   💰tip   ignore  

Election 2006 is underway. I'd like to ask for how people think the outcome will affect housing. But I know better, so ... have at it.

I do request that this thread remain free of name-calling. I reserve the right to delete any comment which takes the form of "all cheese is smelly". All opinions are welcome. Shouting and spitting are not.

And for the record, I am neither liberal nor conservative, republican nor democrat. I voted accordingly, which while satisfying emotionally, has the practical effect of doing nothing more other than getting me queued up for jury duty.

--Randy H

#housing

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308   EBGuy   2006 Nov 9, 3:09am  

To Robert Kiyosaki's credit...
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/04/02/REG1NI0UVO1.DTL&hw=carol+lloyd+rich+dad&sn=003&sc=939
Even the beginners I spoke to emphasized that they had come because they realized they needed to educate themselves somehow. Nearly all of them quoted Kiyosaki, founder of the "Rich Dad/Poor Dad" publishing empire, the most balanced of the real estate gods, someone who has gone on record recommending people invest in oil and gold over real estate right now.

So while milling around backstage I approached Kiyosaki to ask if it wasn't a terribly bad sign that so many people had shown up to a conference like this.

Kiyosaki admitted that some people will probably lose money in the current market but that the popularity of the conference was actually a sign of people becoming more realistic about their financial futures, not less.

"I think people are concerned about the state of the economy, about Social Security," he said. "They don't trust the stock market. They're looking for answers. They're trying to educate themselves."
So are these guys still flogging RE seminars during this "buying opportunity"? (think I just answered my question there.)

309   DinOR   2006 Nov 9, 3:16am  

"There's a lot of pain going on in the investment community"

(from skibum's article)

Ah-hem, could you d e s c r i b e this "pain" to me?

Well Doc around the 30th. of every month I have to literally sh@t $500 X 13 so it's like a $6,500 a month pain in the.......

310   DinOR   2006 Nov 9, 3:23am  

"They don't trust the stock market"

This really has created a windfall for guys like "I used to be Rich Dad" hasn't it? They've totally played on these poor folks darkest fears and turned it into an industry! He's rec. oil + gas? I don't get it. I can only describe his following as "seminar junkies" that are convinved the next audio CD they buy will be "the key" they've been looking for?

311   DinOR   2006 Nov 9, 3:46am  

SFWoman,

I'm sure FAB could elaborate on this greatly but if a novice investor is throwing around figures like "$500" you've just got to believe that they have no concept of what they are doing! No mention of ROI or anything resembling financial savvy. Rich Dad sold these people into a corner and now he's going to sell them a book/tape/cd that's going to get them out?

It's just so obvious they hadn't planned for this contingency b/c their design was to have already pocketed "big fat stacks"!

312   skibum   2006 Nov 9, 4:14am  

SFW,

Are you the same person as SFWoman? It's a bit confusing.

313   DinOR   2006 Nov 9, 4:14am  

SFW,

4 years to have molesting realtor's lic. revoked? You're kidding right? Notice how he became "aggressive" and verbally abusive when called out. Talk about a "taker". This guy has nothing to contribute to society whatsoever!

I just love socketsite's understated delivery. It's almost as if "we're trying to keep our composure here" (or refrain from laughing). Always classy!

314   DinOR   2006 Nov 9, 4:31am  

Bap33,

I've always maintained that when all else in life fails, there's always real estate! To my knowledge they come from all walks of life including (as we now have learned) child molester.

315   skibum   2006 Nov 9, 4:35am  

@SFWoman,

That child molester/Realtor (TM) story is creepy. It does make you realize you have no idea who has access to your lockbox when you try to sell a home. Thank goodness the NAR has such high standards for who can become a Realtor!

As a side note, that article reads like it was written by a ninth grader: too many grammatical and spelling errors to even count:

“Oh you drunks, you drug attics [sic] North Highland low lifes. Just verbal attacks,” said Reece.

I also enjoyed the contradiction of:

"As a realtor, our relationship with clients is built on trust.Over concern for her family's safety we're concealing the identity of this real estate agent," said unidentified agent.

followed by:

The agent, Richard Whitney, convicted of lewd or lascivious acts with a child.

316   skibum   2006 Nov 9, 4:37am  

@Bap33,

You insult the profession of used car salesmen.

318   skibum   2006 Nov 9, 4:40am  

I’ve always maintained that when all else in life fails, there’s always real estate! To my knowledge they come from all walks of life including (as we now have learned) child molester.

Or, how about failed junior analysts?

319   DinOR   2006 Nov 9, 4:47am  

skibum,

The whole episode was creepy! Yick.

This is a difficult concept for me to articulate so kind of stay with me ok?

Whatever happened to the brand of American that said; "This neighborhood is "cool" because WE live here"? This bar is a cool bar to hang out in b/c "I" hang out here! This is OUR park and we don't appreciate your littering, drinking drug use here! What happened to those guys? Now it seems everybody just want to "purchase" a toney address and let their debt load determine what does or doesn't happen in their neighborhood.

That must be what it is? It's just easier to "trade up" than contend w/ issues that aren't to our liking. Nobody stands their ground any more and says; "Hey! the garbage man came by on Tuesday!" (Meaning we don't want to look at your empty g-can blowing around until it's convenient for you to get around to it). Now we have CC & R's and HOA's. What a waste.

320   skibum   2006 Nov 9, 4:54am  

@DinOR,

You touch on a much larger subject. For better or worse, America continues to be a very mobile society, and some might argue it's getting more so as we speak. This is accentuated on the West Coast, I believe as there is less historical "tradition" and what not. If you spend some time in New England, you'll find these dyed-in-the-wool old families living there since who knows when.

321   Bruce   2006 Nov 9, 5:00am  

skibum,

You mentioned your (and your generation's) disinterest in McMansions. I should think developers, architects, general contractors would be interested to know what you and your peers want in the way of living arrangements.

Certainly I am curious.

322   skibum   2006 Nov 9, 5:33am  

I like this:

http://www.mkd-arc.com/whatwedo/breezehouse/index.cfm

But I don't know if this aesthetic is very mainstream.

323   astrid   2006 Nov 9, 9:02am  

skibum,

That aesthetic is certainly very popular on this blog. I like shipping contain conversions myself, they're probably quite safe during an earthquake and no termite issues.

324   Different Sean   2006 Nov 9, 9:13am  

I don’t want in any way to steer the conversation back towards politics but it’s important for me to challenge DS’s article about the British deserter (b/c that’s what he is) Ben Griffin.

Ben is a “boot camp” ok? He’d been in Her Majesty’s Army for every bit of two years. He’d been “in country” for all of 3 months! So accounting for “in-processing”, immunizations, outfitting and indoctrination this kids seen what? A week at the front?

Not to thrash this, but it's very clear from the article and the post that Ben Griffin is a member of the most elite arm of the British Army, and has done 8 years sevice. The SAS is roughly equivalent to the Seals. I know some Australian SAS, and they are always going at 150% -- able to survive anywhere, etc. They are selected as the creme de la creme of fitness and aptitude, and are invested in very heavily. The Australian SAS is the only regiment to serve in combat Iraq at present.

I have a lot more comments to make about ethics, morality, blindly 'obeying orders' and the trigger-happy reports that I pasted into the Iraq thread on patrick.net quite some time ago, where the British commanders in Iraq (6% of presence) were very alarmed at the trigger-happy nature of US troops (92%), who were killing many innocent families and individuals over time, e.g. just shooting individuals in cars, shooting people walking after curfew, air strikes wiping out family homes, and so on. One Iraqi royal family who were actually friendly to the US were wiped out in one particular 'mistaken' airstrike. You are making enemies for life and sowing the seeds of even more terrorism, where it didn't even exist before. The last thing you do is piss off a Middle Easterner. Winning hearts and minds in the interests of democracy, not the bidding of an administration top-heavy with oil executives and neocons and similar vested interests. I see how it works...

I would point out that the British fared a lot better in the south of Iraq as an occupying force than the US troops in the north regarding 'insurgency' attacks, due to at least pretending to be interested in their welfare, and being a more decent professional bunch overall, unlike the US army comprised mostly of mercenearies and virtual conscripts drawn from an impoverished working class and underclass from smalltown America.

325   skibum   2006 Nov 9, 10:01am  

@SP,

Indeed, if you walk around the town graveyards in some of the older towns in VT, NH, Mass, etc., there are piles and piles of gravestones with the same surname with dates from the 18th century to the present.

326   Bruce   2006 Nov 9, 10:25am  

Charleston families tend to stay for generations as well. A member of one of them told me, "It's not as if we don't travel, but this is home."

327   Different Sean   2006 Nov 9, 12:57pm  

As a side note, that article reads like it was written by a ninth grader: too many grammatical and spelling errors to even count

There are a lot of grocer's apostrophes, missing quote marks and commas, and even missing words. maybe it's the new approximate 'phonetic spelling' they are teaching. what next, people will stop capitalising properly before long...

328   B.A.C.A.H.   2006 Nov 9, 3:04pm  

It's 2 years till the next federal election.

That's 2 years that they'll ratchet up the misery index to make us think that we will want the Republicans to return to power.

I noticed that the day after the election ended, the Rotten Robbie by my house increased 87 octane back from $2.34 to $2.39, and then today it was increased again to $2.49. On election eve Monday, it was $2.29.

Fed policy, gasoline prices, etc., to increase the Misery Index for the next two years portend two more years of bad news in the housing market.

329   OO   2006 Nov 10, 9:08pm  

skibum,

I took an in-depth look of MK designs before, I have to say that aesthetics aside, you don't get much cost savings, if any, from such a prefab. Her materials sound "environmental" but in reality, they are just inexpensive, slate counter top (not that I care for granite), bamboo floor, IKEAish cabinets... Nothing wrong with that, I am all for being environmental, as long as the price tag is friendly enough to my pocket as well. MK uses this Canadian prefab factory called Maple homes, you can go take a look of their website, and since they have a higher volume with their traditional styles, the quotes are more reasonable than prefab modern homes like MK's design.

Currently her design for such a house on a flat piece of land is around 210/sf, but if you have a challenging topography, then the cost escalates pretty fast. I was told that for a house of 1700 sft with a bit upgrade, you are pretty much looking at $450K in the Bay Area, land and permit aside. I believe that you can get a custom built home for around $200/sf nowadays if you are not going nuts with upgrade. That's why I question her price point for a non-custom, prefab home.

However, she definitely represents a healthy force to make modern homes more affordable to the mass. I guess she will need a few more early adopters to bring the price down to meet the mass.

330   skibum   2006 Nov 11, 7:03am  

OO,
Do you recommend any other prefab modernist architects?

331   salk   2006 Nov 15, 11:34pm  

Different Sean, here is where I agree with you. Your assessment of our troops are consistent with our behavior in WW1,2, Korea, Viet Nam. In WW2 in particular we had untrained, unprofessional troops (ie cooks in the frontlines), summary executions, prisoner executions, highest awol rate of all major armies, highest rate of STD's, mass rapings, targeting civilian populations with atomic and incendiary bombs, pillaging of villagers food and valuables. Yet not a single death sentence carried out post WW2. Why would our behavior be different in Iraq?

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