Rantings and tirades of a frustrated economist.
Small homes FTW. To paraphrase Peter Schiff, if people had put less money into their consumption goods (such as their house) and more into improving their skills and businesses, many of our problems would never have come into existence. IMHO, if I'm at work 1/3 of my life and asleep 1/3 of my life, I'll be damned if I'm gonna piss away resources on a large residence.
Heh, I went to UCSD but I never darkened the door of that establishment. Good riddance
One of the things I noticed when I moved from the big city is that my rates (property tax) was about the same.The nominal value of the house had halved, but the bill did not. Instead the "rate" (the taxis so many points of the building value) had doubled.I approve of the 2oK house. To build similar, to code,locally is 60-- 100K. Which is why the government has just removed all tarrifs on building material.
Re: the Che Cafe: it's been said many times before but it's worth saying again. Socialism/Communism works until you run out of other people's money.
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