Viewing profile — sphinx65

Wow, that might be the worst I've ever seen. Does anyone here buy from auction sites often? Those are a nightmare, they let the sellers do pretty much anything and very few accept …

What an incoherent article

Yeah, as if a "spare DNS" has anything to do with solving the problem. You could get into your own infrastructure, but your customers are still screwed.

Am I supposed to care what some pimple covered idiot thinks of Noam Chomsky? I do not recall seeing anything in my life as sad as "Mencius Moldbug". Now, HERE is a great article on…

The hedge fund buying spree happened after 2008.

They're huge players in single family rentals. Blackstone (a hedge fund) is the largest owner of single family rentals in the USA. And they really don't care about cash flow that m…

Pensions don't make any money with interest rates as low as they are. They need to be around 8% or so for pensions to be viable. Currently pension funds are doing the same unwise s…

Huh? CA has had real estate values vastly above the average since the 1980's. I remember seeing dumpy ranch houses in Salinas, CA for nearly a half a million in 1992. Such a house …

Pensions aren't the mistake, low interest rates are the mistake.

Because they were promises made a long, long time ago, when interest rates were high enough to support the idea of pensions and retirement?

This is happening almost everywhere, but at a less frightening pace than CA. And we are told continually by the chattering class and politicians that skyrocketing real estate price…