dstainer
What's really interesting and relevant to the topic is that the oyster farm serves as a pre-filter to the desalination plant and there's an symbiotic relationship between the plant and the oyster farm.
- One thing that I've picked up from a number of sources that isn't mentioned in the article, is that millennials entering the home buying phase of their lives as being a big reason why housing was primed to pop between 2020-2024. Basically demographics have played a huge part in this boom. - Most mortgages are actually in good shape from a paper perspective [1] - Most mortgages are 30-yr compared to the crazy ARM instruments [2]
My theory is that home prices will NOT drop, like in 2008, but rather will stabilize. Three reasons why: 1. Milliennials will keep overall demand up 2. Homebuilders will slow down on producing new inventory, and we're already at all time lows for inventory 3. Existing homeowners will be hesitant to sell because most are locked into a 30-yr with most likely a sub 2-3% mortgate
All of that, in theory, will result in less overall supply which will keep prices stable
[1] https://twitter.com/LoganMohtashami/status/15084587889693450...
[2] https://twitter.com/lenkiefer/status/1507870733615214598
- Built on top of the JVM
- Large number of 3rd libraries, i.e. Jackson, Jetty, Spring Boot, Hibernate, etc.
- Mature, can find support in numerous areas
- Dependency management, I'm sure many will disagree but I've found Maven to work well enough for what i need it to do both from dependency management and releasing
- It's the language I'm the most efficient with and if I'm building something brand new I favor speed of iteration over having to stumble over learning a new language. NOTE: I'd say the same thing about C#, Swift, Javascript, etc. If that either of those were my primary language I'd do the project in that because speed is your friend when starting out.
Is there a threshold of revenue before considering insurance or should you have it regardless?
If you have an LLC formed, how much does the extra liability insurance help?
Total novice with regards to this stuff, any opinions are definitely welcomed.
http://www.cbc.ca/news/canada/british-columbia/vancouver-vac...
- There are older folks that have owned their homes for over 30+ yrs that are on fixed income that wouldn't be able to absorb increased taxes. My grandparents would've been in this case.
- There are folks that are middle class folks, think central California that couldn't absorb increased taxes.
- The variability year to year dealing with the assessments makes it difficult to plan for the potential increase in taxes. Look at what happened in Cook County in Illinois. Some homeowners were facing thousands of dollars of taxes none of them were prepared to pay.
The argument of telling someone to just move if they can't afford the taxes doesn't fly with me. Because I would just put it back on those individuals, you don't like the housing prices... Get out of the bay area. I mean I know you can go to Bakersfield get a palace for 500-600K. Case in point, brand new construction 462k 4BR, 3BA (http://www.zillow.com/community/camden-cove-pinnacle-series/...)
I think there are ways to address some of the issues without a blanket reversal of Prop 13, because this would effect more than just the bay area.
So what potential changes could you make. Couple of ideas:
- Transfer of property through inheritance would be subject to re-assessment. At that point the original owners have presumably passed and the new owners aren't necessarily living in the property. If the taxes were adjusted to the current property value that decreases the profit from just renting the home.
- Remove the applicability to commercial properties. Other articles on the subject that I've read, describe techniques that people use to try to game the re-assessment of a property through exchanges of corporate entities, eliminate that practice, especially for homes that are zoned residential.
- If the issue is around vacancy, do what Vancouver did, tax vacant properties. If there is an abundant supply of vacant homes, force rental of those homes through taxing of vacant homes. That increased the supply of available homes, depressing rent and lowered home prices within a few weeks of its enactment.
I'm not saying at all that Prop 13 is perfect and no doubt there is abuse of the rules. I'd focus on closing the loopholes around transfers of property first before trying to change something that would affect every single homeowner.
I think in my case I've just become more aware of the fact that an exit is the exception rather than the norm. I've also had to educate myself a hell of a lot more regarding the intricacies of equity, i.e. investors preference, etc.
It wouldn't happen overnight, but I would think that ultimately you would want to get pedestrians out of the way to improve efficiency of travel. I dunno
However, it doesn't sound like the same protection is afforded in the UK with regards to the English and Scottish Premier Leagues based on the link you provided.
Source: https://www.eff.org/press/releases/eff-wins-protection-time-...