patrick.net
An Antidote to Corporate Media
1,189,733 comments by 13,848 users - The_Deplorable online now
Saved By Landlord-Warden, only $7 more! ( was: ..rent increase)
invite response
2015 Jul 30, 4:11pm 35,549 views 73 comments
Comments 1 - 40 of 73 Next » Last » Search these comments
NDrLoR
2015 Jul 30, 6:52pm
It looks like a nice place! Funny how they actually have about ten different photos, just keep showing the same shots over and over--maybe they wanted to create the impression it was larger?
John Bailo
2015 Jul 30, 9:17pm
The rooms are gigantic.
I'm paying 3x times what they are charging and getting 50% less space!
Patrick
2015 Jul 30, 9:38pm
germany's graph is also interesting. I had to think for a minute, then realized the huge jump is the unification with east germany.
indigenous
2015 Jul 31, 1:59am
Why is that "unfortunate" ???
It's not, Germany and Japan are going to have a rougher time. Not that the depression will not be world wide because of the entitlements and the end game of fractional reserve banking.
FNWGMOBDVZXDNW
2015 Jul 31, 5:45am
Somedays I think I should just move into the cheapest place in the country.
If you contemplating a big move, just look at your salary after taxes, housing, and a few of the incidentals related to location and see where you would have more money to save and spend. Don't forget to think about future opportunities tied to location, and don't worry too much if you are renting and moving expenses aren't too high.
John Bailo
2015 Jul 31, 6:48am
think about future opportunities tied to location
I've also thought about becoming an AirBnB nomad.
New city every month.
Find the places where it's as cheap as a monthly rent...or less.
John Bailo
2015 Jul 31, 6:50am
Why is that "unfortunate" ???
I believe that a shrinking population is the greatest "feature" a country, or city could offer.
Imagine a place where rents and houses become more available and cheaper each year.
Where traffic lessens.
Where there's more parking space.
Where sports tickets become easier to get every year.
Strategist
2015 Jul 31, 7:17am
I've also thought about becoming an AirBnB nomad.
New city every month.
Find the places where it's as cheap as a monthly rent...or less.
Just last week I was telling friends they could go on a 2 year world travel for free.
Rent out your home. Sell your cars. The living expenses you incur now, can be used to travel the world. Pick 24 regions. A month in each,living in AirBNB. You will be surprised how cheap it is, even in Europe.
Strategist
2015 Jul 31, 7:21am
I believe that a shrinking population is the greatest "feature" a country, or city could offer.
Imagine a place where rents and houses become more available and cheaper each year.
Because this keeps growing too:
We will have less people paying into social security, taxes etc.
We would end up in a permanent economic contraction.
Patrick
2015 Jul 31, 7:29am
very cool!
unfortunately, our working age population is still growing:
Why is that "unfortunate" ???
an ever-increasing population is not a good thing.
Patrick
2015 Jul 31, 7:37am
I've also thought about becoming an AirBnB nomad.
the guy who sits next to me at work does that in san francisco. he and his girlfriend get cheap airbnb places each month. here is her blog:
indigenous
2015 Jul 31, 8:34am
The point is that one of the main economic drivers is demographics, when you add to that the leverage created by the Fed it makes for a huge deflation/correction when the demographic growth stalls as in Japan and soon in Germany and down the road China.
Y
2015 Jul 31, 10:20am
lol...you deserve the dislike...why would you ever ask such a thing??
Are you in Florida John?
When you have two people working in a household (husband and wife), like there was starting in the mid 80's up to the 2000's, there is a lot more buying power with two incomes.
Now, as your chart has show and you pointed out in the 50's and 60's, there are many single earner households....
So tell me, asshole, which is better for the families and which is better for the country?
Why is buying lots of cheap crap from china instead of having a parent at home raising the kids better for the country? Somehow day care and fast food every night because no one has time to cook is better for the family? Perfect, I can see why you live in NJ.
tatupu70
2015 Aug 1, 9:11am
So tell me, asshole, which is better for the families and which is better for the country?
It was much better for the country when workers earned a living wage and could comfortably support a family on one income. Corporations weren't nearly as profitable, but society was much better off. As wages have declined so corporate profitability could increase, it's been a huge net loss for the country.
Bellingham Bill
2015 Aug 1, 10:54am
As wages have declined so corporate profitability could increase, it's been a huge net loss for the country.
tatupu70
2015 Aug 1, 10:59am
It's nice to know how clueless you are to why families are struggling right now!
Your whining again!!
lol--it's "nice to know" that? I'm glad you are so easy to please.
But, nonsense aside, unlike you I understand how the economy works and why things suck now.
tatupu70
2015 Aug 1, 11:25am
If you truly understood it, you would stop your constant whining and go change something or start your own business. Since you do neither, you rather complain and whine that you're not getting a piece of the "redistribution of wealth" that Obama promised you!
I figured you'd go back to your usual modus operandi of trolling rule #1. Whenever others make a point about the economy or overall market, try to bring it back to the poster and make it personal instead.
I'm doing fine and I'd like to continue to do fine. Unfortunately, when the overall economy sucks, it makes it harder. My goal is to avoid another Great Depression.
tatupu70
2015 Aug 1, 11:41am
You have zero control over that, but like I said, go put on your big boy pants, take the plunge, start a business, and you take take care of every employee in the business..
Actually, I do have control. I can vote for people that understand the economy and will make proper policy decisions. I can try to educate folks like you that are either too slow or too easily brainwashed by propaganda to vote for their own self interests. Both of those will do much, much more than opening my own business. We need to change the rules.
tatupu70
2015 Aug 1, 11:42am
I think you're lying, otherwise you wouldn't continually bring up the subject.
Bring up what subject? Inequality? Given that it's the core issue affecting the US economy right now, it seems appropriate to discuss on a forum discussing economics.
Buffet and Gates bring up inequality all the time too. Are they lying?
John Bailo
2015 Aug 1, 11:53am
I needed some good news and I got it.
Rent increase is only $7 more per month for 12 month lease.
I'm safe (relatively) for another year..
tatupu70
2015 Aug 1, 11:56am
Do you REALLY think that? Did the people YOU voted for in the last two elections make the proper policy decisions?
Yep--it happened in the 1930s and it can happen again. If folks like you would ever wake up.
STOP the "discussion" and START some "action".... See, that's the problem with your team... All you spew is diarrhea instead of stepping up and making it happen. Talk is cheap, put some effort into action, otherwise you just remain a whiner!
Opening one successful business won't fix the problems. It has to be done from Washington--changing and passing new changes.
Patrick
2015 Aug 1, 4:45pm
I'm more impressed by bitcoin now that it's being demanded in extortion payments:
indigenous
2015 Aug 1, 7:59pm
The Wogster is a whole herd of irrelevance....
It seems to me that going back on the gold standard would fix the whole enchilada. Not without any pain but it would fix all of the intentional devaluing monkey business, it would fix the inflation monkey business, it would fix the inequality monkey business, it would fix the offshoring money business, it would fix the low interest monkey business, it would fix the savers dilemma monkey business, the low investment in small caps/small business monkey business, it would fix the Fed pulling the interest rate out of their ass monkey business, it would fix the stock buy back monkey business, it would fix the RE bubble monkey business, it would fix the stock market bubble monkey business, it would fix the should I invest in a company with good potential for it's own sake v what is the Fed going to do's sake, it would fix the malinvestment monkey business, it would fix the we need a war monkey business, it would handcuff LBJ and most of his monkey business, it would handcuff Reagan and most of his monkey business, it would handcuff FDR and most of his monkey business.
Hmm maybe we should have a gold standard?
indigenous
2015 Aug 1, 8:17pm
As long as we are indulging in music I prefer this:
Album: Swiss Movement
I love the lie and lie the love
A-Hangin' on, with push and shove
Possession is the motivation
that is hangin' up the God-damn nation
Looks like we always end up in a rut (everybody now!)
Tryin' to make it real — compared to what? C'mon baby!
Slaughterhouse is killin' hogs
Twisted children killin' frogs
Poor dumb rednecks rollin' logs
Tired old lady kissin' dogs
I hate the human, love that stinking mutt (I can't use it!)
Try to make it real — compared to what? C'mon baby now!
The President, he's got his war
Folks don't know just what it's for
Nobody gives us rhyme or reason
Have one doubt, they call it treason
We're chicken-feathers, all without one nut. God damn it!
Tryin' to make it real — compared to what? (Sock it to me)
Church on Sunday, sleep and nod
Tryin' to duck the wrath of God
Preacher's fillin' us with fright
They all tryin' to teach us what they think is right
They really got to be some kind of nut (I can't use it!)
Tryin' to make it real — compared to what?
Where's that bee and where's that honey?
Where's my God and where's my money?
Unreal values, crass distortion
Unwed mothers need abortion
Kind of brings to mind ol' young King Tut (He did it now)
Tried to make it real — compared to what?!
Hmm maybe we should have a gold standard?
Every thing on your list happened for thousands of years while on a gold standard. Why would it be different this time? If a government wants play games the gold standard is no restriction at all. Never has been.
indigenous
2015 Aug 2, 2:21pm
It would fix the problem of devaluation, inflation (save the governments shaving their currency), inequality (which is a byproduct of inflation), it would fix the offshoring because mercantilism would not be an option as the exchange rate is decided by the market, the interest rate would have to be fixed by getting rid of the Fed but it certainly would handcuff their money printing, also there would be no need for a reserve currency, the bubble would not be crazy like they are now as they could not be fueled by inflation, since the Fed would be handcuffed investment would be about meritocracy, it would severely handcuff war as inflation would be handcuffed.
Yup the gold standard would fix a whole bunch of stuff.
tatupu70
2015 Aug 2, 4:01pm
The breakdown of Bretton-Woods and turning the USD into pure fiat money led directly to:
1. immediate massive inflation in the 1970's;
2. as the banksters controlled inflation and deflation, they massively benefited the big banks themselves at the expense of the rest of the economy; financial industry profit rose from around 10% of total corporate profit back then to nearly half of total corporate profit in recent cycle peaks.
3. exacerbate wealth inequality as personal connections with the banksters make CEO's far more valuable than workers
You're still posting this nonsense?
1. Banks are more profitable because of deregulation. Why do you think they have to spend so much on lobbying?
2. Each time you come up with a different reason for increasing wealth disparity, they get more and more ridiculous. Please give me an real life example of how a CEO's connections to bankers is worth tens of millions/year.
tatupu70
2015 Aug 2, 4:07pm
It would fix the problem of devaluation, inflation (save the governments shaving their currency), inequality (which is a byproduct of inflation), it would fix the offshoring because mercantilism would not be an option as the exchange rate is decided by the market, the interest rate would have to be fixed by getting rid of the Fed but it certainly would handcuff their money printing, also there would be no need for a reserve currency, the bubble would not be crazy like they are now as they could not be fueled by inflation, since the Fed would be handcuffed investment would be about meritocracy, it would severely handcuff war as inflation would be handcuffed.
Yup the gold standard would fix a whole bunch of stuff.
Inequality is not a byproduct of inflation. This should be obvious as inflation has been at very low levels for decades while inequality has been increasing. btw--what's the problem with 2% inflation, anyway? Gold standard would make offshoring worse--fyi, the exchange rate is already determined by the market. As are interest rates. Bubbles, by definition, are not rational, and can happen under strict or loose monetary controls.
Unemployment would rise. Living conditions would be worse. Productivity gains would be reduced.
There is a reason why every country has abandoned the gold standard. It's simply a poorer solution.
indigenous
2015 Aug 2, 7:44pm
Inequality is not a byproduct of inflation. This should be obvious as inflation has been at very low levels for decades while inequality has been increasing.
Not so look at RE and the Stock Market
btw--what's the problem with 2% inflation, anyway?
Compounding interest to the point that the dollar is worth 4 cents in 1913 money. Now you will say that wages adjust, but not instantly or in the case we have today of not for 6 years. This is very regressive.
Gold standard would make offshoring worse--fyi, the exchange rate is already determined by the market.
Not so it is determined by central banks
As are interest rates.
Also central banks
ubbles, by definition, are not rational, and can happen under strict or loose monetary controls.
And they always follow loose monetary policy.
Unemployment would rise. Living conditions would be worse. Productivity gains would be reduced.
Deflation increases the value of ones wages
There is a reason why every country has abandoned the gold standard. It's simply a poorer solution.
It is the ONLY real solution
indigenous
2015 Aug 2, 7:55pm
Muttley no matter how many times I say it you still hold up your stupid graphs and claim they show what ever you pull out of your ass.
The basic problem once again is that you are trying to apply the empirical method to something that does not lend itself to the scientific method.
IOWs graphs do not show context.
tatupu70
2015 Aug 3, 5:42am
We have had 4 trillion injected into the economy over the last 6 years, yet the velocity of money is at all time lows. Greenspan made a lot of money available for housing starting in 2000 and it didn't show up/ cause a problem until 2007
The housing bubble was caused by deregulation and outright fraud. Not low interest rates.indigenous says
Inequality is not a byproduct of inflation. This should be obvious as inflation has been at very low levels for decades while inequality has been increasing.
Not so look at RE and the Stock Market
I don't know of any measure of inflation that includes assets. Regardless, stock market gains reflect increasing profits and cash flow at corporations. RE reflects a lack of supply.
Gold standard would make offshoring worse--fyi, the exchange rate is already determined by the market.
Not so it is determined by central banks
If you don't know basic facts, you really shouldn't post here. You're never heard of the Forex market?
https://en.wikipedia.org/wiki/Foreign_exchange_market
As are interest rates.
Also central banks
Wrong again. Seriously--this is very basic stuff. The fact that you have no clue about fundamental economic activity should be eye-opening for you.
https://en.wikipedia.org/wiki/Libor
ubbles, by definition, are not rational, and can happen under strict or loose monetary controls.
And they always follow loose monetary policy
Really? Can you support this thesis?
Unemployment would rise. Living conditions would be worse. Productivity gains would be reduced.
Deflation increases the value of ones wages
Assuming your wages stay the same. Which would most likely NOT be the case. Real wages tend to perform better under low inflation than under deflation historically.
There is a reason why every country has abandoned the gold standard. It's simply a poorer solution.
It is the ONLY real solution
Except it failed every time it's been tried.
tatupu70
2015 Aug 3, 7:23am
I don't know
That's just another day here at Patnet with you!
Do you ever post anything useful?
indigenous
2015 Aug 3, 9:50am
The housing bubble was caused by deregulation and outright fraud. Not low interest rates.
Another example of the empirical method.
Comments 1 - 40 of 73 Next » Last » Search these comments
My building changed ownership again and in a couple of days I'm ready to get hit with another rent increase.
Do I suffer the slings and arrows, or end them?
Somedays I think I should just move into the cheapest place in the country.
Why wouldn't I live here, for example? As low as $268 for a 1-bed!
Arbours at Fort King Apartments 12838 Stately Oak St., Dade City, FL 33525
http://www.apartmentfinder.com/Florida/Dade-City-Apartments/Arbours-At-Fort-King-Apartments?refer=CRITEO&bk=88619&utm_source=criteo&utm_medium=cpc&utm_campaign=lower+funnel
#housing