Thursday, September 24, 2009

Morning Red Meat

Here's one for our prognosticator archives (to look back on someday):

Some morning happy thoughts from tech ticker:

Peter Schiff:

"The coming collapse of the dollar and bursting of the Treasury bubble will have devastating consequences for ordinary Americans, and any investors based in dollars."
If you enjoy Schiff (and the theatrics he seems to generate in others) here's a video of him being interviewed on MSNBC in August in more of a political context (a run against Christ Dodd). It's eight minutes long, and as it progresses the interviewer figuratively hops over the table to put words in Schiff's mouth.

9 comments:

Cara said...

For GTE!!!

Charles Hugh Smith House prices in Gold

according to this, house prices are actually back to their 1988 levels if you price them in gold! (which tells me that gold is currently overvalued, but that's just me).

Too much fun!

Ace said...

Christ Dodd?

Sounds as though it will be hard to beat Him. :-)

housebuyer said...

Cara-

There are some updates mostly the vanities. I was saying not updated because the floors although nice look very old. The vinyl kitchen floor looks really old, the stove is from the 70s or 80s. The sliding doors for the closet bedroom also look very old to me. Maybe I should just say that a lot of the house has not been updated, because you are correct that the bathrooms have some updates.

Cara said...

housebuyer,

Floors are very difficult to date from pictures, in fact I have a hard time even guessing pergo or real from pictures.

Oddly enough, that's basically the color and width of flooring that I like best. Wide and timeless, not the skinny ridged 90's look. Warmly dark without being overly
formal.

The small quarter circle molding indicates that the floors were not original in any case.


And I for one, infinitely prefer to choose my own appliances when they need replacing not have brand new ones not of my choosing that I would have to feel guilty about replacing. But yes, that would be a preference for lack of updating.

Xpovos said...

Ace,

He is the anointed one. We seem to have a lot of those around these days.

housebuyer said...

Cara-

I agree with a lot of your comments and it makes sense for you to replace things. Most people do not really know what they like and they have kids at home so doing any major work is difficult thus the healthy premiums you have talked about for move in ready. So I was just trying to comment that part of the "good price" might be the fact it still has some work to be done.

The tax assessment also says that it was valued at less than 200K this decade so it has also had some impressive gains.

Cara said...

housebuyer,
(wrt
http://franklymls.com/FX7166469
from yesterday's bucket for those not following along)

Yes, changes like flooring or tiling or things like that are ones many don't want to deal with for good reason, because it's really best to do them before moving in.

Appliances are no big deal, yes you have to stay home from work for the delivery and installation, but usually they remove your old appliance and put in the new one for you, so that in itself is no big deal.

But really? People don't all have opinions on bottom versus top freezer versus side by side, whether an ice-maker, water filter is great or the biggest waste of space ever, whether single door fridge takes up too much space or whether the bi-open doors are stupid and annoying to close? And whether the huge mongo fridges are "perfect" for a family or a total waste of energy and spoiled food.

Or whether they prefer gas or electric stoves, whether a top broiler with pan-drawer is best or the under broiler is awesome, whether a solid-surface top is fabulous for cleaning or stupid because your favorite cast-iron pots are just going to wreck it?

You mean other people don't have an opinion on all of these little details, that just make your life better if you have what you want, but generally don't change the price by that much?

Guess these are the opinions you accumulate dealing with all your relatives and friends kitchens, and living in too many different apartments to count.

Now dishwashers I do recognize that as long as its quiet and works well most people don't care. The fact that I specifically want an air-gap not a high loop (which is unrelated to which dishwasher one buys) is indeed a quirky-ness on my part, I admit it. The number of beautiful granite counter tops with undermount sinks and only one hole for the faucet amazes me. Don't they know that if the sink doesn't drain it could concievable breach the high-loop and go into the dishwasher unless they're very careful about keeping that high loop high enough? (such that the sink would overflow first before that could happen) Bleah.

Sorry. But if anyone ever feels like they have a lack of opinions in their life, I'm here to serve. I have plenty to spare.

(formerly) StayingPut said...

High loop works, but air gap is most definitely better.

When we remodeled our current house, I had to go high-loop because the difference in price from the Kohler sink was over $100 extra to go from 4 hole to 5 hole. Home Depot stocked the 4 hole, 5 hold was special order.

So far, no problems, but man was I nervous for the first month or so.

Harriet said...

Xpovos,

He gives new meaning to a "Dodd-gy mortgage".

There is disagreement on if he is a symptom or the disease.