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Once again, you didn't bother to read the link I left. Dorothy Ainsworth was a small town waitress who built a fabulous country estate using small town coffee shop tips and a lot of initiative. When her first house burned down right before completion, she did it again, better the second time. The job you have is not what is holding you back.
Outliers simply do not change the fact that in the big picture, the economics and physical challenges of waiting tables tend to drive even those who are good at it off into other pursuits.
Meanwhile, one has no right at all to live in whatever community one pleases, and zoning restrictions are put in place to protect the interests of an entire community. The pleadings here of the Gang of Me-Me-Me are both unreasonable and selfishly deplorable.
I have been the target of some serious hostility for suggesting that people would be better off if they quit pissing their money away. They have endless rationalizations for their lack of fiscal discipline. The idea that they have been brainwashed into irrational behavior is totally unacceptable.
ROFL
When I first posted Economic Wargames under the name Dal Timgar I had someone following me around on the Internet calling himself Timgar Posse telling people I was stupid.
Quote:
Timgar Posse Could Timgar be more wrong?
June 6 2004, 1:38 AM
Where is the world according to Dal Timgar? Is it in a cave dreaming of stars or is it stuck in an economy where only the basics are provided. Either way, Timgar ideas are incorrect, and should be little more concern than the wind of fate. Timgar would like you to think that the Companies are ripping you off. Yea Timgar wants to be a Marxist's but without the work or mental thought. Unlike the Markist theroy, Timgar's idea are based on using terms from other things, thoughts or discplines to expalin what they are not used to define. Example would be using Pig-latin to explain a point in math, to demonstrate that you are an expert in Russian thought. Yes it is that crazy. But the idea that he is pushing requires more thought by the reader to determine the path than did Timgar think about writing it.
Technology changed the economic possibilities since 1900. The Model T and the imitation of Ford's production techniques made traditional Capitalism and Communism obsolete but ideologies did not keep up.
So it is very curious that mandatory accounting doesn't get suggested by any ideological advocates.
I have been the target of some serious hostility for suggesting that people would be better off if they quit pissing their money away. They have endless rationalizations for their lack of fiscal discipline. The idea that they have been brainwashed into irrational behavior is totally unacceptable.
The fact remains that better behavior won't solve the problem, if the problem is increasing real COL for those in the bottom half of the socio-economic scale.
The fact remains that better behavior won't solve the problem, if the problem is increasing real COL for those in the bottom half of the socio-economic scale.
Our concepts of land ownership come from European culture. How much land is controlled by the government, and how much money is spent on the military. It would not really take much reallocation of resources to produce good cheap housing for Americans.
But would bankers and landlords want such a thing done? So to what degree is the government involved in maintaining this situation. We are supposed to believe in "The Market" rather than that it is manipulated against us.
If most of us do not even understand accounting then how can we discuss it and accomplish anything?
If most of us do not even understand accounting then how can we discuss it and accomplish anything?
Accounting won't solve anything. Frankly I'm not worried about the lack of or cost of housing. It's perfectly normal for supply and demand to cause skyrocketing rents in desirable areas. The housing and labor markets *will* solve this naturally. The solution will not however result in everyone being able to afford to live there. Many will have to....:
MOVE!
If there weren't affordable places all over the country, then there'd be a legit reason to complain. But it isn't bad at all if you get out of the fashionable cities.
The important issue is growing income and wealth disparity. A group that is able to live off investments, owns most of everything, has considerable political pull, etc. While people who have to work for a living get a smaller piece of the pie. Fix that and let rents take care of themselves.
Sure.. start building houses in Central Park (and other city green places).
That's where the demand for housing is afterall.
There is lots more to the US than NY city.
What is curious is that a system that was originally designed to solve housing problems through modular construction got diverted into being housing for the wealthy.
Safdie's goal for the project to be affordable housing largely failed: demand for the building's units has made them more expensive than originally envisioned
That is because more of them were not built. If they were common then the wealthy would not have the status of owning them. High quality inexpensive housing would mess with all of the social status games.
It could just be people expect more and are not willing to accept less.
One can almost always rent in a better area than it would cost to buy.
Only go back 7 years and an entire segment of the population loudly declared it was done with owning and thirty year mortgages...
My own take is people are more short sighted than ever...
I posted pictures of my first "House" here and many simply did not believe it and my own family thought I had just flushed my life savings... so I had more than enough incentive to prove everyone wrong.
In 2012 I posted over 100 homes on the Oakland MLS advertised under 150k...
Sure.. start building houses in Central Park (and other city green places).
That's where the demand for housing is afterall.
Housing on Central Park West costs an two arms and a leg; can you imagine what inside-the-park housing could cost?
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