Berkeley CSUA MOTD:Entry 54400
Berkeley CSUA MOTD
2017/09/25 [General] UID:1000 Activity:popular

2012/5/25-30 [Transportation/Car/RoadHogs, Reference/RealEstate] UID:54400 Activity:nil
5/25    Sorry suburban hicks, properties in walkable cities retain
        better values:
2017/09/25 [General] UID:1000 Activity:popular

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2012/7/29-9/24 [Transportation/Car, Transportation/Car/RoadHogs] UID:54446 Activity:nil
7/29    Is it really true that we subsidize auto driving to the tune of
        $5k/yr? Shit I could probably hire a private driver for less...
        \_ You might have missed the point.  Hiring a chauffeur to drive your
           private vehicle won't change the amount of gasoline your private
           vehicle use or the amount of real estate it uses on freeways and
2012/3/5-26 [Reference/BayArea, Transportation/Car] UID:54326 Activity:nil
3/5     What's a good place in the south bay for families where you can
        meet other stroller moms and dads? So far people tell me that
        Santa Clara has a bad school district, San Jose is cheap but
        only if you can tolerate the commute, Mountain View Castro is
        better for singles, Los Altos Palo Altos is great if you can
        afford it. Where else is good?
2011/7/10-8/2 [Transportation/Car/Hybrid] UID:54141 Activity:nil
7/8     Is there some reason we can't have mass market nat gas cars?
        \_ Not enough infrastructure for refuing.  Chicken and egg.
        \_ Not enough infrastructure for refueling.  Chicken and egg.
        \_ It has less than half the energy density of gasoline.  -tom
           \_ So you have to compress it, which results in huge explosions
              during a crash. Same for flywheel tech.
2009/11/23-12/2 [Transportation/Car/RoadHogs, Reference/RealEstate] UID:53540 Activity:moderate
 11/23  "Warming's impacts sped up, worsened since Kyoto"
        \_ what do you propose we average Joes do about climate warning?
           Oh really? Yeah, exactly.
           \_ Make life choices which reduce your carbon impact.  Communicate
              with your representatives that you consider this an important
2009/4/6-13 [Reference/Tax, Transportation/PublicTransit] UID:52808 Activity:high
4/6     Alameda sales tax is now 9.75%. that's pretty rough. sales
        tax is regressive.  Some boneheaded Oakland city council member
        wants to raise Oakland sales tax even more, in this
        recession. - motd liberal
        \_ Yes, the sales tax, car tax, and income tax increases enacted by the
           state legislature are the largest in history, and massively
2013/8/1-10/28 [Reference/RealEstate] UID:54722 Activity:nil
8/1     Suppose your house is already paid off and you retire at 65.
        How much expense does one expect to spend a year, in the Bay
        Area? Property tax will be about $10K/year for a modest $850K
        home. What about other stuff?
        \_ I think at age 65, health insurance is the next biggest expense.
        \_ I am thinking that we can have a nice middle class
2013/7/31-9/16 [Reference/RealEstate, Finance/Investment] UID:54720 Activity:nil
7[31    Suppose you have a few hundred thousand dollars in the bank earning
        minimum interest rate and you're not sure whether you're going to
        buy a house in 1-5 years. Should one put that money in a more
        risky place like Vanguard ETFs and index funds, given that the
        horizon is only 1-5 years?
        \_ I have a very similar problem, in that I have a bunch of cash
2013/6/3-7/23 [Reference/RealEstate] UID:54685 Activity:nil
6/3     Why are "real estate" and "real property" called so?  Does the part
        "real" mean something like "not fake"?
        \- without going into a long discourse into common law,
           it is to distinguish land/fixed property from intangible
           property [like a patent] and movable, personal property,
           like your car. Real property has historically had special
2013/3/21-5/18 [Reference/RealEstate] UID:54634 Activity:nil
3/21    Holy crap is Bay Area real estate on fire right now. I keep
        getting outbid by hundreds of thousands of dollars on places.
        \_ does more home-owners mean fewer people will be renting,
           driving the demand for rental down?          -poor renter
           \_ I am kind of doubting that, but it might work.
        \_ what is the zip code that you're bidding on?
2013/3/11-4/16 [Reference/RealEstate] UID:54622 Activity:nil
3/10    I'm trying to help my parents, in their mortgage there's an
        "escrow" amount. What exactly is this? From reading Google,
        the loan company uses the escrow account to pay for home
        insurance, but they've been paying home insurance themselves.
        I'm really confused on what this fee is.
        \_ Without an escrow account, you write checks to your insurance
2013/2/19-3/26 [Reference/RealEstate] UID:54610 Activity:nil
2/19    I just realized that my real estate broker has a PhD in plant
        molecular cell biology from an Ivy League school in the mid 70s.
        Now she has to deal with a bunch of young dot-comers, and they're
        pain in the ass.                        -Only a BS in EEC$
        \_ My agent used to be a hardware engineer.  He switched to real estate
           when he got laid off during the 80's.  Now he's doing very well.
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growth rate flattened when the recession hit, are going to come back. Lots of people from far-distant suburbs like Blaine and Farmington called in, saying they like the way of life out there - they like having acres of trees buffering them from their nearest neighbor -- and people won't want to stop living in communities like that. They say the worst of the housing crash is over and glimmers of recovery are on the horizon. But hope isn't spread out uniformly across these United States. Urban areas didn't lose as much value during the recession. Not so many people found themselves under water, owing more on their mortgages than their homes are worth. The Demand Institute calls these places "Resilient Walkables." The report bases its prognosis for recovery on seven factors: population size, walkability, severity of the crash, current affordability, unemployment, foreclosure inventory, and foreclosure policy. Angie noted earlier: Walk Score is positively correlated with strong housing prices. The Institute's analysis of almost 1,700 US cities showed that walkable cities had more positive price growth. And it found that these "Resilient Walkables" were resilient indeed, with house prices projected to rise three percent next year and five percent a year for the four years after that. Compare that to the places the Institute calls "Slow and Steady" - where more than a third of Americans live and where double-digit housing declines destabilized the market. Economic indicators are gloomy for these areas, but the authors find the planning solid, so the future is relatively bright. These are places like Charlotte, NC, Dallas and semi-urban DC suburbs like Gaithersburg, MD, and the study forecasts three percent growth starting in two years. Then there are the "Damaged But Hopeful" areas - a category that encompasses big but depressed cities like Chicago and smaller ones like Stamford, CT. Thirty percent of Americans live in these places, too many of them fighting foreclosure. It will take them a little longer to get to three percent growth but from 2017 onward, the Demand Institute predicts that they'll beat the national average. Twenty percent of Americans live there, but perhaps not for long. The report classifies them as "Weighed Down" - by precipitous price drops and high foreclosure rates. "The fact that housing is relatively cheap compared to the national average will not greatly assist recovery," the report states. We do not expect price rises to reach the national average even by 2017." The relative cheapness of land was the big draw out to new suburbs over the past few decades. The report seems to be foretelling the end of "drive till you qualify." The authors also predict the rental market will grow faster than the homebuyer market, and they say house size will shrink, as necessitated by the mass gravitation to a denser development pattern. Houses are already smaller now than their peak of 2,500 square feet in 2007, and the study forecasts they will shrink by another 10 percent by 2015 to about 2,150 square feet - still plenty of space. So, while some people are content with the wide-roads-and-big-yards way of exurban life, many more are getting out - as soon as they can sell their house, which for many, won't be anytime soon. Those who can are fleeing the toxicity of foreclosure, the soul-sucking commutes at $4+ a gallon, the dead street life. And young families, who in the last decade fueled outward growth with their zeal for big houses with small price tags, are pulling back now. When they move out of their parents' basements they'll be looking to rent instead of buy. It's all part of a pendulum swing back from the mass drive out to the suburbs in the postwar period. According to this research, the growth is now in cities and close-in suburbs that offer a mix of uses within easy and pleasant walking distance. Transit plays a role too, as one major amenity being sought in urban areas is access to public transportation, "a significant advantage as traffic pressure in major metropolitan areas worsens owing to limited investment in road infrastructure," the report says. Some of the callers this morning made their outer-ring lifestyles sound lovely and bucolic. One of them said he and his wife both worked from home, so one of the major downsides of the exurbs - the commute - was a moot point for them. That may be, but they are increasingly isolated in their decision to live in that kind of place. Tanya Snyder became Streetsblog's Capitol Hill editor in September 2010 after covering Congress for Pacifica and public radio. She lives car-free in a transit-oriented and bike-friendly neighborhood of Washington, DC. Email Share * Anonymous Lots of people like having large homes set far back from their neighbors. Except for the country estates of the very wealthy, there really only 2 ways to create this kind of living arrangement. One is in small, rural towns, and the other is in outer ring suburbs and exurbs. Small towns in America have been dying for a long time, and even if they were to come back can only support a small number of people. Far flung (aka sprawl) burbs are only viable if people can commute to jobs in cities or larger metropolitan areas. There are exceptions, like the people who can work from home, but these will always be a vanishingly small minority. The reality is that a lot of people are going to have to figure out how to deal with living closer to their neighbors, and in denser communities, than they have over the past couple decades. Sprawling suburbs are expensive, and their expansion was a type of ponzi scheme. Each successive ring of outlying suburbs was attracting capital investment and creating jobs to pay for the ring before it. But at some point, you get as far out as you can feasibly go given the constraints on various resources, and that is when we collectively realized that we had over-invested in suburban housing and the infrastructure to support it. There are a lot of "communities" in places like Florida and Arizona where property values may never recover, in real terms, from the post-bubble declines. This implies the only worthwhile type of recovery is building brand new homes, presumably mostly in the middle of nowehere. You're correct that people will have to learn to live closer to their neighbors. I think a lot of the anti-social behavior which has become increasingly common is due to people living in their own private suburban bubbles where everything is under their control. I could even extend this to be the cause of "me first" politics where people are unwilling to contribute anything towards the common good. Some of my friends bought in NYC (Manhattan and Brooklyn) before the housing crash. Others (like me) bought in the suburbs, with commuter rail and not much else. Out in the street, in our backyards, in between buildings, and especially in neighborhoods that have less. It is the world's largest consumer insights firm with operations in over 100 countries. The company has the most complete understanding of what consumers Watch and Buy. Two-thirds of their business is measuring what consumers buy in stores, and they talk with over 16 million consumers each year as part of a wide range of research. A city like Chicago is quickly becoming far more bikable and walkable, but the schools are pretty lousy. but where will our daughter go to school when she gets older? org/climate/2012/05/20/487163/home-prices- resilient-walkable-communities-see-strongest-recovery/ " via @climateprogress * Danaeo Love it! But it has to be a smart phone app or it won't be useful. com/ Mark "He and his wife both worked from home in the exurbs".