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How Craigslist Makes Money

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Re: How Craigslist Makes Money

#231

Forbes is unequivocally the worst website I have the displeasure of being linked to on a regular basis. Readability is quickly approaching 0. This page kept hijacking my scroll thru the article to keep an ad at the top of my window. Horrible, horrible, horrible.

I honestly don't even bother anymore: https://outline.com/xX7xe3

Thank you!

Re: How Craigslist Makes Money

#233
post #136

Earlier quoted context omitted.

Sure. That's why they specified ...some startup multi-millionaire/billionaire ... Because money is not relevant to their point. /s Also, I hate the term "lifestyle business" because: http://micheleincalifornia.blogspot.com/2014/03/i-love-lucy-...

> Sure. That's why they specified ...some startup multi-millionaire/billionaire ... Because money is not relevant to their point. Yes, "sure". My argument was clear enough, and as the parent wrote "it's not about money or class, it's about success in a particular field and judgement of that particular field". What part of either seems difficult to parse? Obviously money is relevant to my point in so much as it serves…

Money is not the only measure of success. Yet it seems to far too often be the only one cited, whether on HN or elsewhere in the world.

Your inability to see that your point is about money and classism while using net worth as THE measure of success worth noting is both frustrating and all too common.

Re: How Craigslist Makes Money

#234
post #230

Earlier quoted context omitted.

Yeah, I do understand that. But to comment on one point: >For example, they'll list the monthly payment instead of the price, which makes wading through 'sort by increasing price' a PITA. Every conference I've been to about the auto industry the experts say that, especially for low-income individuals, the monthly payment is what customers tend to be the most concerned about. In fact, many prefer to pay more total mon…

>Every conference I've been to about the auto industry the experts say that, especially for low-income individuals, the monthly payment is what customers tend to be the most concerned about. In fact, many prefer to pay more total money over a longer term if it means a lower monthly payment. I'm price sensitive about this - but for things I can't purchase as a one-off purchase I don't mind paying more money if it mean…

Yep, you're dead on. I usually work with the type of dealerships that do the end of the road "buy here pay here" type financing for people who have very bad or no credit, and that is exactly their customers' priority.

They don't care about how much money they will have paid in total 3 years from now, but how much money they'll have for food/heat/rent this month. And in America, unfortunately, a car is usually a necessity to make any money, so they accept the high interest, long term notes because they have no other choice.

The latest trend that's popping up are services that work together with dealerships to file income taxes on behalf of the customer. Tax season has always been the busy season for these dealerships since that's when refunds come in. Now the dealers are trying to streamline the process. Bring your W2 to the dealership, we'll file your taxes for you for free[0], and you get to drive off the lot with this vehicle weeks before the refund is actually processed.

[0] Hard to call it free when the contract is charging 20%+ APR.

Re: How Craigslist Makes Money

#235

Earlier quoted context omitted.

I'm surprised that more successful people don't do this? Is the drive that lead them to absurd success what leads them to continue well beyond needing to? I find it hard to imagine hitting $10 million and not just dropping everything and spending the rest of my life on random hobbies and traveling. Maybe that's why I don't have $10 million?

Hell, I have just over 1/10th and I'm trying to extract myself from the workaday life. What is truly ridiculous is that I can't yet do so, largely due to the high cost of buying health insurance yourself. It's like the whole US is designed around debt slavery and moving the goalposts further and further out. $5-10M is probably the low bar for living a kick-ass non-tied-to-employment lifestyle in the US. Certainly peo…

  ... the basement income to qualify as 'rich' will here be 
  considered to be $400,000 in annual income that'll come in 
  regardless of whether anyone in the family is holding a 
  paying job or not.
From "What are your TRUE chances of getting rich in America? OR How to get rich in America"[1]

You might also be interested in "The super-rich, the 'plain' rich, the 'poorest' rich... and everyone else"[2].

[1]: http://www.jmooneyham.com/your-true-chances-of-getting-rich.... [2]: http://www.jmooneyham.com/rich.html

Re: How Craigslist Makes Money

#236

Earlier quoted context omitted.

> Craigslist has 50 employees and minimal vetting of anything. It's great for what it is, but I would never use it to rent anything​ site unseen. This is one reality show I would watch. Forget all those "We sleep in a dark place recording all the sounds buildings make and then speculate wildly about causes" shows. Sleeping overnight in a house/room/whatever rented randomly off Craigslist would be way more interesting…

I hope someone reads this and makes it a reality.

Thinking about this a bit more, I think it would have to be a show where the hosts were in on it. The scam artists would learn of this show if it became popular, and avoid renting to folks seemingly associated with it.

A format like "Diner's, Drive'ins and Dives" would make sense with personal tours, instead of these 'virtual tours' found on VRBO (now owned by Expedia) and AirBnB.

Anything too dramatic won't scale, or it will be fake (like most 'reality' tv).

Edit: I guess one could do it surreptitiously, and save up the content, only to slowly release it ("maximizing revenue"). This might come across as "hit-piece journalism" funded by the AirBnB and VRBO. Change the cast of the show so they are not known associates of the show before the content is made public.

Re: How Craigslist Makes Money

#237
post #183

Earlier quoted context omitted.

> I wonder what US cities have the best "proximity to interesting people to living expense" ratio I wonder what place, worldwide , city or not, has the best "proximity to interesting people" : cost-of-living ratio. I'm at a place in my life where I'd be willing to both immigrate and learn a language if it meant finding myself in this century's Venice.

I don't know about worldwide, but don't believe what you've been told about U.S. flyover country. Understand that when somebody says a state is a "red state," we're still talking about a ~45% liberal population, almost all of which is concentrated in cities. Your Kansas Citys and Cincinnatis and so on are full of interesting people. And they have a lot of what you'd expect from larger coastal cities, albeit on a smal…

Probably true enough, but isn't very useful information to me: I don't live in the US in the first place, so it's not easier for me to pick a US city than one anywhere else. :)

Re: How Craigslist Makes Money

#238
post #174

Earlier quoted context omitted.

I don't know if that's a matter of hindsight. AirBnB operates by pushing the boundaries of rental law, frequently overstepping them, constantly getting into fights with municipal governments. Not everyone wants to have that sort of a business, no matter how potentially profitable.

Craigslist has had its fair share of that: https://www.google.com/search?q=craigslist+erotic+services+l...

From what I can recall, Craigslist didn't create their Erotic Services listings to profit off erotic services, but rather to stop escort advertisers from spamming their posts into arbitrary unrelated Craigslist sections. Having one forum that was "for that" allowed Craigslist to ghettoize those advertisers, allowing people who didn't want to see that sort of thing to avoid it. Worked quite well.

After Craigslist was forced to drop the Erotic Services listings, the volume of such postings didn't decrease at all—it just shifted back to being posted on random other sections, to the detriment of everyone.

Re: How Craigslist Makes Money

#239

Earlier quoted context omitted.

Gotta keep up with inflation. 5M generating 3-5% on super safe assets is 150-250k/yr that's generated. After taxes (~40%), that is 90-150k which is 7.5-12.5k/month to spend. A typical 2-3k sqft newish home in an upper-income neighborhood (median income around 80-90k) runs 400-600k+, which will yield a $2-3k/mo mortgage and $500-1000/mo in property taxes + 500-1000 in general utilities. So just to own a home in an upp…

Well that house/lifestyle is unreasonable to me, in my opinion. What area has $12,000 a year in property taxes? Does it come with government lap dances? That's also not how taxes work on capital gains. I live in a wonderful house I bought for $220,000 with 20% down. I could downgrade if I need in the future but I like the space right now. The P+I of my mortgage is $750/month, taxes $400, utilities $250, insurance $14…

>What area has $12,000 a year in property taxes?

There is no state income tax in Texas, only sales and property tax. A house valued in Houston at $400k will yield ~$7,700/yr in taxes. Search the tax rolls at hcad.org - pick a zip code like 77008 and see for yourself. Just be sure to pick 2016 tax values as 2017 aren't posted yet.

http://hcad.org/property-search/real-property-advanced-recor...

Select "A1" for the property type and/or put in a valuation to filter the dataset down below the max of 3,000 records. Any more than that will return an error.

Re: How Craigslist Makes Money

#240

Earlier quoted context omitted.

exactly but I also changed the below in about:config * browser.display.background_color * browser.display.foreground_color

Note that there is UI for changing them in that "Colors..." section in preferences.

duly noted

I just find it faster to use keyboard instead of mouse :D

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