January 29, 2010

Affordable housing in the Bay Area found – it’s in Redwood City

Beds: 3
Baths: 2
Sq. Ft.: 790
$/Sq. Ft.: $334
Lot Size: 2,500 Sq. Ft.
Property Type: Detached Single Family
Stories: 1
Year Built: 1996
Community: Dumbarton
County: San Mateo
MLS#: 80940426
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 130 days
This 3 bedroom, 2 bath bank owned home is perfect for a family! Great price, don’t wait!

Housing in the Bay Area is now affordable. Where can you find it? Redwood City!

Just look at this beauty – it’s perfect for a family.

But wait, does this house seem familiar to you? It should!

http://www.burbed.com/2006/06/19/599500-for-a-790-sqft-house-in-redwood-city-free-cowboy/

image

You could look at this and say “OMG! Look at how prices have fallen in Redwood City.” I look at it and say “OMG! Look at the trapped equity waiting to be unlocked!”

So… what will the price of this house be in 2016?

Comments (100) -- Posted by: burbed @ 5:00 am

100 Responses to “Affordable housing in the Bay Area found – it’s in Redwood City”

  1. sonarrat Says:

    So… what will the price of this house be in 2016?

    Extrapolating from current data.. $0. :D

    This is a modular home, right?

  2. Joe Says:

    Definitely $1,088,880 or definitely $85,000.

  3. CB Says:

    What could this rent for? PITI is about $1500 with 20% down.

  4. rickcookie Says:

    How could they squeeze 3-bed and 2-bath into a 790-sq-ft home, consider there has to be a kitchen, a living room and some area allocated to the wall.

    It should not worth more than $100K since you would need at least another $50K to make it livable again.

  5. BuyersAreIdiots Says:

    It’s been a while since my last comparative analysis. So here is the equivalent Austin house!

    http://www.realtor.com/realestateandhomes-detail/5721-Trelawney-Ln_Austin_TX_78739_1113592101
    :-D

  6. kareninca Says:

    if you zoom in from overhead the house is so similar in size to the lot that it looks like a stick of chewing gum inserted in a chewing gum pack.

    there are some decent looking houses nearby. however the chain link fences are not reassuring.

  7. sonarrat Says:

    I almost bought a house in Oakland that was 620 sf on a 1800 square foot lot, in the summer of 2008. That was seriously dinky. The neighbor’s dog barked at me as I walked around the house. Fortunately, I realized what a mistake it was right around the same time as the appraisal came in low, so I didn’t get stuck with it.

  8. Alex Says:

    Why would you even consider a 600+ sf crapshack in a shithole called Oakland? On a 1800 sq lot? Are you freaking out of your mind?

  9. Real Estater Says:

    Good news! Tesla to go IPO.

  10. Real Estater Says:

    I have credible source telling me that by the second half of this year we’ll see a strong economic rebound well beyond the 5.7% growth in GDP seen in Q4, putting us closer to China style growth.

    If you feel like laughing, better remember the record here whenever RE makes a strong statement.

  11. Alex Says:

    I have a credible source telling me that I will bang a redhead and Asian chick tomorrow. Then I will hit the lotto afterwards.

  12. Herve Estater Says:

    Alex, why wait till tomorrow?

  13. nomadic Says:

    Wow, burbed, your commentary on the posting in 2006 reads like you were incredibly bored by then. Just another horribly over-priced crapshack, huh?

  14. anon Says:

    “Alex, why wait till tomorrow?”

    That’s what the credible source said, Herve. Alex doesn’t control it.

  15. BuyersAreIdiots Says:

    “I have a credible source telling me that I will bang a redhead and Asian chick tomorrow.”

    Is that just one Asian chick with a bad dye job? Or are you actually going for double jeopardy? :-)

  16. Real Estater Says:

    Guys,

    Is Pralay no longer posting because he got laid off?

  17. nomadic Says:

    Why? Do you want to hire him?

  18. anon Says:

    Maybe he realized your beyond help?

  19. BuyersAreIdiots Says:

    Is Pralay no longer posting because he got laid off?

    Maybe he finally bit the bullet and bought Bay Area real estate. As a result, he can no longer afford internet access due to his crushing mortgage. ;-)

  20. Herve Estater Says:

    > As a result, he can no longer afford internet access due to his crushing mortgage.

    Another reason I’m considering Mountain View over Palo Alto. Free Wi-Fi! :-)

    Has anyone heard from Alex yet?

  21. SV Shopper Says:

    or Pralay’s boss found out about his Burbed habit and showed him the door. Anyways, it’s good to have one less rude person here.

  22. nomadic Says:

    So, Herve Estater, how many kids do you have?

  23. anon Says:

    Pralay was rude?

  24. Lionel Says:

    Wow. Thanks for the laugh, RE. Even China doesn’t have China-like growth. It’s all smoke and mirrors stats and money printing. Here’s a prediction: China’s supernova is going to fizzle out and implode. The economic damage done there will be so severe that we’ll be lucky to avoid a revolution. But go ahead: bet big on a massive economic recovery.

  25. Herve Estater Says:

    > So, Herve Estater, how many kids do you have?

    The Wife won’t tell me.

  26. Pralay Says:

    Is Pralay no longer posting because he got laid off?
    —–

    Looks like RealFakeEstater was missing me. Unfortunately, his timing for speculating about my fate couldn’t be worse! Just returned from India on Saturday and first post from RealFakeEstater I read is about me. He should have remembered that January is my vacation time. Last year when I was in vacation he tied me with Satyam “scandle. This year he laid me off. :) I just can’t wait for next January when he will kill me in car accident. Till that time I am going to be pain in his ass – for one more year. Hopefully he won’t miss me in next January.

  27. Pralay Says:

    Pralay’s boss found out about his Burbed habit and showed him the door.
    —–

    And the news has been given by unprofessional realtor with Coldwell Banker. Got to be true!

    BTW, how many bids you lost in last one month, SV Shopper? Don’t tell me it is zero.

  28. Real Estater Says:

    LOL. It doesn’t take much poking to lure the snake out of his hole.

  29. bob Says:

    RE,
    What planet are you on? Buyersareidiots, yes- its well known amongst people like myself that 250k buys you a hell of a nice house in Austin… which is why I’m counting down the months to relocate there. But again, I must be insane to want to leave the beautiful Bay Area with all its smart people.

    But back to RE’s little Tesla comment. Ah yes- I’m sure you’re expecting Tesla to be just like Apple and make knockout cars that will get gobbled up like mad. Only problem is that they lack production capacity and have chosen to build their manufacturing facility in San Jose. Good luck with that. There’s a reason all the other manufacturing plants have closed here. Labor costs are too high. Besides, Tesla isn’t the only automaker that got government funding. GM is getting ready to build 2 new electric motor plants. One in Michigan and one in Indiana. They are also about ready to roll out the Volt. By the time Tesla has the Model S for sale, they’ll likely be competing with all the other main automakers who will have their own electric cars with the ability to make them cheaper, faster, and perhaps better. We will see. All I know is that the only car Tesla currently makes is basically a Lotus roadster with a crapload of batteries crammed inside.

  30. Real Estater Says:

    Bob,

    Unlike GM, Tesla is in a niche market. A Tesla roadster can accelerate faster than a Ferrari. A car maker like this does not need high capacity, but highly skilled workforce. There’s good reason they chose to be headquartered in Palo Alto, and to build cars in San Jose.

  31. kareninca Says:

    welcome back, Pralay!

  32. anon Says:

    How would you know there is good reasom? You are just a mediocre tech guy. Engineers make the worst business people imaginable.

    We have a highly skilled mechanic labor force? That’s news to me. Last I checked our specialty is silicon…

  33. bob Says:

    RE,
    I will freely admit that what Tesla is doing is pretty impressive. I look forward to the Model S, which if successful could very well revolutionize the world of transportation. Perhaps their plan to manufacture in the Bay Area will be cost effective as well. But it’ll be interesting to see what the future of electric cars will be.

    The Chevy Volt will be one of the most advanced cars you can buy. It is the best of both worlds with a 40 mile all electric range and a small gas engine that recharges the battery that powers electric motors that drive the wheels directly. Additionally, the car will be something like 40k, which considering the technology is reasonable. Ford is converting a former F-250 plant into a plant to make all-electric versions of the Ford Focus with a 100 mile range. Nissan has a new battery plant in Nashville that will go into their Nissan Leaf- also a 100 mile range electric car. Chrysler has several all-electric cars, SUVs and minivans in the works as well as does just about every other automaker.

    Thus what today seems like a niche product and niche technology will become everyday products everyone can use. So in other words a startup car company making an all-electric car will be joining the major automakers who will also have their own brand of electric vehicles.

    In regards to your comment about Silicon Valley having a highly skilled workforce, assembly line automotive manufacturing isn’t a SV specialty. The fact is that most of the car making expertise is in the Midwest where they have over 100 years of experience.

  34. Pralay Says:

    It doesn’t take much poking to lure the snake out of his hole.
    —–

    Missing a snake! Time for taking a bite. :)

  35. Pralay Says:

    If you feel like laughing, better remember the record here whenever RE makes a strong statement.
    —–

    We are laughing indeed!

    First try with your own kids. If they don’t laugh at your words, assume you have a chance, even if a slim one, with other people.

  36. Pralay Says:

    I have credible source telling me that by the second half of this year we’ll see a strong economic rebound well beyond the 5.7% growth in GDP seen in Q4
    —–

    Let me try to remember! I think we heard that kind of prediction before.

    September 9th, 2008:

    The quotes only goes to show I’ve been right all along. There is indeed no recession. Economy grew at a respectable 3.3%, thanks in part to the stimulus checks. Gas prices has settled down now, and the Fannie Mae/Freddie Mac problem just got solved today. Interest rate just came down to boot. We’re all clear for take-off, and the market did just that today.

  37. Real Estater Says:

    Bob,

    The big manufacturers are simply not agile enough, nor innovative enough. This is the reason Tesla can carve out its existence. Why buy a Chevy Volt for $40K when you can have this for 10 grand more? Tesla is not for someone who just wants to drive an electric car or a gas saver, but for someone who wants a performance car which is also electric. Judging by the history of cars coming out of Detroit, I don’t think they will deliver a similar type of product.

  38. Real Estater Says:

    Tesla’s model S is an amazing design. In my view it’s better looking than the Maserati Quattroporte or the Porsche Panamera. This is how good they are. A small American company coming up with a design better than what the leading edge designers from Italy and Germany can conjure up. In the future when people think of automotive design, they’re going to think of Stuttgart Germany and Palo Alto California.

  39. nomadic Says:

    Anyone considering buying on RE’s forecast might want to get a second and third opinion on the economy:

    http://www.forbes.com/feeds/ap/2010/01/31/general-technology-hardware-amp-equipment-us-wall-street-week-ahead_7317615.html?boxes=Homepagebusinessnews

  40. Alex Says:

    Another reason I’m considering Mountain View over Palo Alto. Free Wi-Fi! :-)

    Has anyone heard from Alex yet?

    Yes, I’ve heard from Alex. Why are you interested?

  41. Alex Says:

    Is that just one Asian chick with a bad dye job? Or are you actually going for double jeopardy? :-)

    Nonono, I’m not into Asian chicks with bad dye jobs. The curtains gotta match the carpets. I was thinking more of a sandwich :)

    LOL

  42. nomadic Says:

    #40 – see #11. We need to know just how credible your source turned out to be.

    Did you have a great weekend? :-P

  43. Alex Says:

    LOL No redheads. And no lotto winnings either. But my source is still more reliable than Faux Estater. ;)

  44. Real Estater Says:

    nomadic says,
    >>Anyone considering buying on RE’s forecast might want to get a second and third opinion on the economy

    Dow is bouncing back already. The dip over the last few days was a good buying opportunity.

    My source is a preeminent economist; he does not make a living by writing for magazines.

  45. Pralay Says:

    My source is a preeminent economist; he does not make a living by writing for magazines.
    —-

    We know that already. He makes living by running some kind of entertainment show in Faux Bullshit News.

  46. Alex Says:

    Faux Estater,

    My source is more reliable than yours. I almost won the lotto. And almost banged both a redhead and Asian at the same time.

  47. Real Estater Says:

    Pralay says,
    >>We know that already. He makes living by running some kind of entertainment show in Faux Bullshit News.

    That’s not who I’m referring to, but take a look at the date of that post. When the recommendation was made it was at the bottom of the downturn. You could’ve made money if you had acted.

  48. nomadic Says:

    Dow is bouncing back already. The dip over the last few days was a good buying opportunity.

    Actually, I hope you’re right. I shifted a chunk of money out of cash last Thursday and Friday. But when I saw your “bold prediction” I figured I blew the timing. Not that I’m timing the market; just finally got off my ass to decide where to invest.

  49. nomadic Says:

    That’s not who I’m referring to, but take a look at the date of that post. When the recommendation was made it was at the bottom of the downturn.

    Wrong. The bottom for stocks wasn’t until 3-4 months later. The bottom for housing might have been 6 months or so after that.

  50. Pralay Says:

    That’s not who I’m referring to, but take a look at the date of that post. When the recommendation was made it was at the bottom of the downturn. You could’ve made money if you had acted.
    —-

    Date of the post? Does it matter? It’s always, always, always right time to buy. :)

  51. Pralay Says:

    The bottom for housing might have been 6 months or so after that.
    —-

    That’s covered too. He made “awesome time to buy a home” call six months later. Look at the date of the post – June 9th, 2009. You could’ve made money if you had acted.

  52. nomadic Says:

    Another interesting article on our “recovery:”

    http://www.businessinsider.com/we-are-so-screwed-2010-1

  53. Pralay Says:

    But but but, John Mauldin wrote it for magazine (and didn’t call up RealEstater to give his opinion). Therefore he is not “preeminent economist”. Therefore his opinion does not count.

  54. bob Says:

    RE,
    I’ve seen the Volt in person being put together on a pre-assembly line. Hands down its the most advanced car that will be hitting the market this year and perhaps for the next few years until the rest of the industry catches up.

    The advantage of the Volt is that it has a 40 mile all-electric range coupled with a 1.1 engine which really serves as a generator/charger because it directly charges the battery and drives the electric motors. For comparison the Prius has an electric “helper motor” that sits inside the transaxle unit which is also driven by the gas engine. The Volt is a series electric vehicle with a small engine to keep the car going if you go on say- a 500 mile road trip.

    On the other hand the Tesla, which incidentally will cost $50,000 for the base model that goes 160 miles before you must recharge it and over $70,000 for the full range 300 mile battery unit has a definite limitation.

    The crucial advantage is that the Volt is a car anyone can drive and drive as far as they want. Given that 75% of all Americans drive less than 40 miles to their jobs daily, the Volt means most who own it will strictly use the batteries.

    Both cars are highly sophisticated, advanced cars. But in my opinion GM got it right with the Volt. GM has also just gotten a huge amount of money from the government to build batteries and motors in Indiana and Michigan and they have also opened the largest electric vehicle battery research center in the US. To say that the Big 3 in Detroit lack innovation is laughable.

  55. nomadic Says:

    Too bad the domestic automakers wait until their back is against the wall before they decide to put the resources into something good. It’s happened time and again.

    I hope next they can come up with some attractive designs. It would be nice to make my next car one that’s built in the USA by a US manufacturer.

  56. Herve Estater Says:

    > Good news! Tesla to go IPO.

    How is that necessarily good news?

    I’m a bit surprised they would go IPO before the Model S is even released and after they just got a $465M loan from the government.

    Anyway, I wish Tesla and GM success with their electric vehicles.

  57. Herve Estater Says:

    Unemployment rises in most metro areas.

    On the bright side:

    Recently, the [Elkhart] area has attracted several electric car manufacturers, including Think North America, a subsidiary of Norwegian-based Think Global. The company plans to sell electric cars in the United States later this year.

  58. Real Estater Says:

    I’ve followed John Mauldin for a long time. He’s a perpetual bear, and missed the boat on just about everything. One of his major theories is “muddle through decade”. This decade has been anything but that. The stock market dropped half of its value, creating one of the best buying opportunities ever, and then shot back up to where we are today.

  59. Real Estater Says:

    Bob,

    GM got money from the government, but so did Tesla.

    Since Americans drive less than 40 miles to work, the 160 mile range of the base model Tesla is not a limitation at all.

    Finally, as I said, the Volt is a commute car, while the Tesla is a performance car. Different market segment altogether.

  60. Real Estater Says:

    nomadic,

    The bottom of the housing market was Q1 of last year. I remembered it well, because I called it. Pralay also remembers it well, because he argued with me about it (and is proven wrong as usual).

  61. Pralay Says:

    The bottom of the housing market was Q1 of last year.
    ——

    Too bad, Palo Alto is still going downward since Q1 2009. :(

  62. Pralay Says:

    Unemployment rises in most metro areas.
    ——

    Wait a minute. I thought unemployment would be “on the way down” six months back.

    Don’t tell me that it hasn’t gone down to 5% already. RealEstater cannot be wrong.

  63. SiO2 Says:

    The Volt’s technology is certainly interesting. The real question is – will the driving experience be that of a Cobalt, or more like a CTS. If it’s essentially a plug in Cobalt, then it would be a fine commuter, but kind of expensive compared to said Cobalt (or the new Cruze) which costs $18k and gets 35 mpg. It doesn’t have to have rocketship acceleration, but general handling and ride quality are important to many people. The Tesla Model S could have that, but who knows as it’s out in the future. The current Tesla has that, mainly because it’s based on a Lotus.

    OTOH, perhaps the Volt could replace the Prius as the default “green car”. The Prius is the ultimate commuter car, devoid of driver involvement. Which is what many people want. But apparently Toyota drivers are unable to go to neutral or push the brake if the car is going too fast, so these “commuter car adopters” may shy away from Toyota for a while.

    I do hope that GM gets it right. They have a history of introducing interesting cars/concepts, but it’s wrong out of the chute. By the time they make it work right the public impression is set. Cylinder deactivation, diesel, the Fiero (which was pretty good by the end of life.) They have to get it first time right.

  64. Herve Estater Says:

    By the way, the Model S is more than $50K: you have to add $3K for the charging device (not including electrician bill) and the sales tax will be on the full price before the $7,500 federal tax credit. That makes it about $54K base price.

  65. bob Says:

    RE,
    Your argument is that A: The Volt is not a performance car… but neither is the Camry- the best-selling car in the US from the no-world’s largest automaker. Somehow I fail to see your point.

    Secondly I also think you missed my point that if you were to drive the base model Tesla- which as HerveEstater pointed out will be more like $54,000 for the 160 mile range on a trip- as in like a family vacation, then you would run out of battery power and that would leave you stranded versus the Volt which would simply switch on its small gas generator. That alone is why the design of the Volt for most Americans is a better choice. For now.

    As far as development, the Volt has been in development for 5 years and was initiated by Bob Lutz who freely mentions that he thinks global warming is a crock of Sh!t but believes that cars using electrical drivetrains are the wave of the future. I think he would know since the man has worked at Ford, Chrysler, BMW, GM, and exide battery corporation.

    Perhaps Tesla will become a big player like the other big automakers. After all, Tesla in some ways influenced the Big 3 to start thinking about the electric car in a big way as did Toyota. These 2 companies were/are mold breakers. But I think GM’s product will in itself join them as a company that came out with something truly innovative and groundbreaking.

  66. bob Says:

    Sio2,
    The early “Mule cars” made by GM for testing the Volt drivetrain were actually Chevy Cruze’s. These are also coming out soon. But the Volt uses an entirely purpose-built platform much like the Prius. I got to see the production version of the Volt up close on the assembly line. Needless to say they are pretty incredible. The dashboards are out of this world. The fit and finish was very… Un-GM-Like.

    My guess is that the first model year or so of the Volt will be as stated- maybe around $40,000. The 2nd generation will likely be a lot cheaper. Regardless, people will be lining up for these things when they come out just like they did for the Prius even though the 1st gen prius was basically a econo-car with hardly any frills. Trust me. I own the 1st gen and the things are about as exciting as a tractor.

  67. nomadic Says:

    It may be 1st gen, bob, but at least your brakes work! ;-)

    (I know how you love the smileys!) :-P

  68. Herve Estater Says:

    > Why buy a Chevy Volt for $40K when you can have this for 10 grand more?

    The Volt will also qualify for the $7,500 federal tax credit so it may end up in the low thirties ($20K more than the Model S).

  69. bob Says:

    The Toyota recall is basically a case of Toyota not acting immediately like they should have. Not sure what the situation with the prius is. All I know is that its amazing that there hasn’t been anything to date on them. The cars are incredibly complicated. Ours has several onboard computers. Under the hood is crammed with electronics and wiring harnesses.

    That said, every Toyota we’ve owned in our family- and I mean all of them- have never had any problems other than one bad wheel bearing and one bad thermostat. We tend to put at least 200,000 miles on them before we even think of trading them in. My Brother’s Toyota now has 270,000 miles and the thing just keeps going and going. So for now I still trust Toyota but I am also increasingly impressed with the job Mulally has done with Ford and with the upcoming Volt and Cruze from GM.

  70. SiO2 Says:

    The Prius problem reportedly is that on braking it sometimes feels like the braking action is momentarily suspended, particularly in rain.

    my guess-
    Prius have pretty low-traction tires, as low-traction = low friction = high mpg. In fact the Prius has one of the longest stopping distances for a car (not truck) as measured by some of the car mags.
    Prius has anti lock brakes. When you are slowing with ABS, and hit rain, the braking will momentarily let off if the tires skid. Which they are likely to do if there’s low traction.

    There may be other problems too, but I’ll bet this is a lot of it.

    BTW part of Toyota’s problem is that these kind of things feed on themselves. Someone reads about unintended accel, then the next day hits something, and convinces themself that it’s the cars fault. Note, there’s no fury about Pontiac Vibe unintended accel. Even though it’s the exact same mechanicals as the Matrix and the Corolla. There’s probably a few cases of the throttle sticking, but i’ll bet that most of these cases are not that. Plus as I mentioned, people should know to go to N in the rare case that the throttle is actually jammed.

  71. SiO2 Says:

    Bob, you have a very good point that most US drivers want point-a-to-point-b appliances, so if the Volt can fulfill this it can be a success. Even if it’s not fun to drive.

    I’ll bet it was cool to see the assembly. A boring-but-reliable car with good fit and finish can be successful, as with the Camry. Even if RE and I wouldn’t buy it.

    Regarding the Model S though – most families end up with two cars. So if one car has a 160 mile range, that’s ok. Frankly, in the last 5 years, I think I’ve only driven my car more than 160 miles from home 3 or 4 times. Usually use my wife’s car for longer trips as it’s roomier. So a fun to drive Model S would work for me.

    Now, would I get it over a $25k 2 year old BMW 3 series? Probably not. The challenge with electric cars is that the application where it works (low miles driven) is also the application where the benefit (low cost per mile) is least apparent. If you only drive 8k miles per year, cost per mile doesn’t matter as much as depreciation and insurance, which don’t vary that much with mileage.

    Of course if/when gas goes to $5+ per gallon the situation changes.

  72. Real Estater Says:

    >>Unemployment rises in most metro areas.

    If everyone is looking for a job, why did Yahoo sell HotJobs?

  73. Herve Estater Says:

    > If everyone is looking for a job, why did Yahoo sell HotJobs?

    To get cash for the Tesla IPO?

  74. nomadic Says:

    Are you really that clueless or are you trolling? Let’s look at a few numbers – I know you hate math, but give understanding this a shot anyway.

    Yahoo bought HotJobs for $436M
    The site isn’t a core part of what Yahoo is trying to become.
    HotJobs was generating about $100M/year in revenue.
    They sold HotJobs to Monster for $225M.

    Here’s a pretty decent summary, although it leaves me wondering just what the hell Yahoo is trying to accomplish:

    Yahoo has ben trying to unload HotJobs for a while, and it finally came to a deal with Monster, which will take the site off of Yahoo’s hands for $225 million in cash. As part of the deal, Monster will continue to power Yahoo’s job listings for three years.

    Both Hotjobs and Monster have been lagging newer job search sites such as Indeed, which searches the entire Web for job listings. According to comScore, Indeed’s jog search reached 8.4 million individuals in the U.S. in December, 2009, compared to only 5.4 million for HotJobs and 6.1 million for Monster. Maybe with the acquisition, Monster can take the top spot again, although there is a lot of overlap in those numbers.

    For Yahoo, it gets rid of a declining property, boosts to its cash position, and can focus on growth areas. Yahoo has been selling off or shutting dow non-core assets, including recently selling Zimbra to VMWare for $350 million, shutting down its Shopping API, and of course the long-awaited deal with Microsoft to hand over its search to Bing.

    http://www.techcrunch.com/2010/02/03/yahoo-hotjobs-monster-225-million/

  75. nomadic Says:

    … or to become the #1 shareholder in Tesla!

  76. Pralay Says:

    If everyone is looking for a job, why did Yahoo sell HotJobs?
    —-

    Two reasons
    - “Everyone” does not need to pay for posting his/her resume or searching job positions at HotJobs.
    - Yahoo is trying to sell almost everything. Pretty soon you will see their office furnitures in craiglist.

  77. DreamT Says:

    #72 was quintessential, sublime RealEstater. How do you caricature a caricature?

  78. Real Estater Says:

    >>Yahoo is trying to sell almost everything.

    Did you not hear they’re planning to build a mega campus in Santa Clara? Why would they sell everything and try to expand their campus at the same time?

  79. Real Estater Says:

    By the way, forget about Chevy Volt or Tesla for the moment. Now is the best time to buy a Toyota!

  80. Herve Estater Says:

    > Why would they sell everything and try to expand their campus at the same time?

    To park all the Tesla roadsters they’re going to buy?

    Seriously, try to be more subtle when you troll :-)

  81. Real Estater Says:

    Herve,

    I asked a very reasonable question. You’re the one trolling by giving a bullshit response.

  82. Herve Estater Says:

    You keep asking questions that have been answered already. If instead of just reading the Mercury News titles you would read the articles too, you would not have to ask.

    My guess is that everyone here knows the answers to your questions. I know I do, but I won’t waste my time. I’d rather entertain the caricature.

    That being said, have a good night. Doofus.

  83. Real Estater Says:

    Herve,

    The question was aimed at the statement by Pralay, that Yahoo is trying to sell everything. If you agree with that, you’re dumber than Pralay.

  84. Pralay Says:

    Why would they sell everything and try to expand their campus at the same time?
    —-

    Why would they move all the old furniture to new campus?

    BTW, it’s not expansion, but relocation. Ask anybody who works at Yahoo.

  85. Pralay Says:

    I asked a very reasonable question.
    —-

    No, you asked a reasonable wrong question.

  86. nomadic Says:

    Wow, the brass at Yahoo is really smart. (RE, is that where you work?) Office vacancies are very high (and rising) and they want to build 3 million square feet of new office space! Genius.

    I’ll have to buy stock amidst today’s market selloff.

    DOW SWOOPS!

  87. nomadic Says:

    If everyone is looking for a job, why did Yahoo sell HotJobs?

    If everyone is looking for a job, why did Monster post a loss and why did their stock tumble 21% today?

    http://www.businessweek.com/ap/financialnews/D9DLGFL80.htm

    Oh yeah, that’s right, it’s the employers who pay for job ads and everyone is looking for a job because employers are laying off way more people than they are hiring. D’oh!

  88. Pralay Says:

    If everyone is looking for a job, why did Monster post a loss and why did their stock tumble 21% today?
    ——

    Monster posted loss because nobody needs job anymore in RBA. Everybody is happy with his/her current job. Only people losing jobs are “dead woods”. No employer wants to pay Monster for posting job positions and hiring those “dead woods”.

    Don’t forget that RBA is Disneyland. No layoff here, except some dead wood cleanup.

  89. bob Says:

    Monster has about the worst UI I’ve seen. The site is frankly difficult to use. It has the UI design of a dating site and it just doesn’t work with a job site. Secondly… most people just get their jobs off Craigslist anyway. At least that’s what I think about them.

    In regards to the problems Toyota is having snowballing out of control I think that its a case of people getting a little kick out of seeing the all-A student in the class make a A- on an exam. Toyota has had about the most sterling reputation for reliability over the past 30 years. I think that has also been their downfall as a result. They’ve totally ignored styling because their customers are more interested in reliability versus performance and are willing to overlook styling. Meanwhile the Big 3 have actually made some good strides not only in quality, but styling and interior fit and finish. So if Toyota suddenly loses its reputation, they will have some trouble catching up.

    At the same time I can’t help but feel that a lot of European cars are taking styling ques from Toyota. About 75% of the new BMWs are just plain outright fugly. So too are the newer Mercedes. Porsche just keeps making the same jellybean on wheels with every “redesign”. The Brits have been knocked out of the contest for years. Land Rover and Jaguar were crappy cars to start with and now they’re owned by Tata motors.

  90. Real Estater Says:

    I have to agree with Bob regarding Monster. It’s just not intuitive to navigate that site, and user experience is horrible. Another site I have similar complaints about is Edmunds. They seriously need to hire an user experience consultant.

  91. steve Says:

    The Brits have been knocked out of the contest for years

    aston martin anyone? how about lotus? and, on a small scale, the ariel atom and the caterham.

  92. Real Estater Says:

    I think there’s some kind of conspiracy to knock Toyota when it’s down. When you think about, this is the perfect opportunity to help out the U.S. automakers.

    I repeat my recommendation: Now is the best time to buy a Toyota. What’s the big deal with fixing a gas pedal or a brake? Give me a freak’in break.

  93. Alex Says:

    Damn. I can’t believe I partially agree with Faux Estater. The US gubment is kicking Toyota and blowing things out of proportion to try and help the Detroit automakers. yip.

    I still wouldn’t buy a toyota though.

  94. Herve Estater Says:

    > Give me a freak’in brake.

    Yeah, that’s what Prius drivers keep yelling…

  95. Herve Estater Says:

    Tesla could not have picked a worst time to announce that :-)

  96. nomadic Says:

    Where is the latest choice of manufacturing location for Tesla? In 2007 it was Albuquerque, in 2008 it was San Jose and I thought in 2009 they said it would be southern CA.

  97. Alex Says:

    Soon enough it’ll be China.

  98. Herve Estater Says:

    Price reduced to $205,000. Pending without release.

  99. SanMatean Says:

    That’s >50% off the 2003 price! BOYAKASHAW!

  100. mike Says:

    SanMatean, your imitation of Ali-G is awful!


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