Addiction 2022.2
#3626
Should Be More Popular
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Location: Malvern, PA (20 miles West of Philly)
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In our area, there was about a 15-20% drop in 2008. It took about 5 years to get back to the pre-2008 level if memory serves.
#3627
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I'll likely go with these as my next training tire. Though Excel has the two packs of 5000's for an OK price, as well.
I guess I could rotate the front to the rear and wear it out but I don't think that's the answer.
#3628
serious cyclist
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That's a trendier but less swanky area than ours; ours is older and more with families and kids. We bought ours at 388 and it's currently appraised at 640. Wish we'd gotten bigger...
#3629
he said member
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Question for the older crowd:
When I was a kid, I recall seeing pressurized gas tanks periodically at the base of phone/utility poles. I believe they used nitrogen gas to keep water/moisture out of the lines, or so I was told. They looked like the same canisters you would see at the fair for helium balloons, maybe 4-5 feet tall.
I can’t remember the last time I saw one, though, so something with the tech must have changed to make these obsolete.
Anyone know??
When I was a kid, I recall seeing pressurized gas tanks periodically at the base of phone/utility poles. I believe they used nitrogen gas to keep water/moisture out of the lines, or so I was told. They looked like the same canisters you would see at the fair for helium balloons, maybe 4-5 feet tall.
I can’t remember the last time I saw one, though, so something with the tech must have changed to make these obsolete.
Anyone know??
#3630
Should Be More Popular
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I heard that a FOAF was doing the Asheville to Mount Mitchell ride (what I did yesterday) today with a group of a few other riders. So when mrs datlas and I went on a hike just off the Blue Ridge Parkway and saw some riders come by, I introduced myself and it was that group! Apparently some of them got pelted with painful hail towards the end of their ride. Ouch!!
#3631
he said member
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It's been a year since I canceled selling my house and moved back in. I still get calls from desperate real-estate agents trying to get me to sell. The last one guaranteed me 300k. 2 weeks ago. The only people winning in this real-estate bullshirt are the agents and the tax collectors. This is going to end in another bubble.
#3632
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My friend sold his house a couple weeks back, he's moving to be close to the grandkids. He asked the realtor how much to list it for and was told $1.1 million. My friend was shocked, he didn't think it would be that high but people bid against each other and it sold the same week for just under $1.2 million.
#3633
Klaatu..Verata..Necktie?
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It's been a year since I canceled selling my house and moved back in. I still get calls from desperate real-estate agents trying to get me to sell. The last one guaranteed me 300k. 2 weeks ago. The only people winning in this real-estate bullshirt are the agents and the tax collectors. This is going to end in another bubble.
__________________
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
#3634
Klaatu..Verata..Necktie?
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My friend sold his house a couple weeks back, he's moving to be close to the grandkids. He asked the realtor how much to list it for and was told $1.1 million. My friend was shocked, he didn't think it would be that high but people bid against each other and it sold the same week for just under $1.2 million.
__________________
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
#3635
-------
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No shortage of housing construction around us. A friend of mine just developed a 900 acre neighborhood with 1600 planned houses. We drove through it a few weeks ago, and there were at least 50 houses under construction. No shortage around here!
#3636
-------
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In other news, NPAOTH:
And, knowing how much VV likes old cars and boats, I thought one of these would be a good fit for him -
And, knowing how much VV likes old cars and boats, I thought one of these would be a good fit for him -
#3637
serious cyclist
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Also, in many places, the psycho house inflation is due to actual fundamental reasons. In Austin, high-paying jobs just keep coming here (Apple, Arm, AMD, Tesla, and more just keep coming). Paying for the house is part of getting a much bigger paycheck in many cases. It's different from the speculative prices in Florida condos, for example.
"This time it's different" are famous last words, of course, but so are "this is just like that other time I remember".
#3638
Klaatu..Verata..Necktie?
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As a matter of fact, many of us are well into our house-buying (remember, Millennials are now up to 42 years old).
Also, in many places, the psycho house inflation is due to actual fundamental reasons. In Austin, high-paying jobs just keep coming here (Apple, Arm, AMD, Tesla, and more just keep coming). Paying for the house is part of getting a much bigger paycheck in many cases. It's different from the speculative prices in Florida condos, for example.
"This time it's different" are famous last words, of course, but so are "this is just like that other time I remember".
Also, in many places, the psycho house inflation is due to actual fundamental reasons. In Austin, high-paying jobs just keep coming here (Apple, Arm, AMD, Tesla, and more just keep coming). Paying for the house is part of getting a much bigger paycheck in many cases. It's different from the speculative prices in Florida condos, for example.
"This time it's different" are famous last words, of course, but so are "this is just like that other time I remember".
__________________
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
Last edited by genejockey; 05-03-22 at 05:08 PM.
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#3639
he said member
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true but we didn't have inflation like we have now either.
#3640
Klaatu..Verata..Necktie?
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The other thing is, yes, Millennials will have started buying houses some time ago, but there's still a LOT of them in line behind you.
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"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
#3641
he said member
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They are already doing crazy stuff like overbiding on properties, above and beyond compares. That wasnt happening last time either. But the gas prices are higher than they were then and predictions are they will go higher yet. Thats what started the last one. Same play...same play book.
#3642
Klaatu..Verata..Necktie?
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True, but I'm curious what effect you think it's having. But remember that housing cost inflation is literally part of the calculation of inflation rate, so it's simultaneously a cause and an effect.
__________________
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
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#3643
Klaatu..Verata..Necktie?
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They are already doing crazy stuff like overbiding on properties, above and beyond compares. That wasnt happening last time either. But the gas prices are higher than they were then and predictions are they will go higher yet. Thats what started the last one. Same play...same play book.
The biggest problem last time was money flowing into Mortgage Backed Securities as an investment, which created an ever-increasing demand for mortgages (and ever decreasing standards for them), which flooded the housing market with apparently free money, which caused prices to shoot up. I don't know that this is what's happening now.
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"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
#3644
he said member
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How do you figure that?
The biggest problem last time was money flowing into Mortgage Backed Securities as an investment, which created an ever-increasing demand for mortgages (and ever decreasing standards for them), which flooded the housing market with apparently free money, which caused prices to shoot up. I don't know that this is what's happening now.
The biggest problem last time was money flowing into Mortgage Backed Securities as an investment, which created an ever-increasing demand for mortgages (and ever decreasing standards for them), which flooded the housing market with apparently free money, which caused prices to shoot up. I don't know that this is what's happening now.
#3645
Senior Member
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#3646
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#3647
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I was only on the cap trail momentarily today but I witnessed something that really pissed me off. The guy on a mountain bike was “walking” his dog with no leash. How is he suppose to have any control over his animal while he is on a bike.
Oh and a bird watcher set up camp in the middle of the path and was trying to take pictures. Not sure why he had to stop in the middle of the path and not the side.
I need to go see some anger management.
Oh and a bird watcher set up camp in the middle of the path and was trying to take pictures. Not sure why he had to stop in the middle of the path and not the side.
I need to go see some anger management.
#3648
• —
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This is a long and interesting read about a fake Strava KOM, which leads to a fake former pro cyclist and from there to layer after layer of strangeness.
https://cyclingtips.com/2022/04/expo...e-pro-cyclist/
Also occurred to me that I met the guy once. Don’t look for that Wikipedia link.
https://cyclingtips.com/2022/04/expo...e-pro-cyclist/
Also occurred to me that I met the guy once. Don’t look for that Wikipedia link.
#3649
Klaatu..Verata..Necktie?
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It's the same but different. People paying more than they should for properties mortgaged in an unstable economy. The rates were high and variable, but values were stable this time it's the opposite. Rates are low (but climbing) and the values are inflated. It's trickling down to the bottom, lower end of the market now and when inflation kills the economy and unemoyment soars. It will rip upwards just like last time.
__________________
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
#3650
Klaatu..Verata..Necktie?
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I was only on the cap trail momentarily today but I witnessed something that really pissed me off. The guy on a mountain bike was “walking” his dog with no leash. How is he suppose to have any control over his animal while he is on a bike.
Oh and a bird watcher set up camp in the middle of the path and was trying to take pictures. Not sure why he had to stop in the middle of the path and not the side.
I need to go see some anger management.
Oh and a bird watcher set up camp in the middle of the path and was trying to take pictures. Not sure why he had to stop in the middle of the path and not the side.
I need to go see some anger management.
Off leash dogs always piss me off. RARELY are they under actual voice control, or they wouldn't come charging up to my dog while their owners fruitlessly call their names. I mean, not only do I not know their dog - whom I can see they aren't controlling - but they don't know mine. Rango could be a bloodthirsty muttkiller, for all they know. He's NOT, but they don't know that!
__________________
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles