March 6, 2010

California Real Estate Principles – Walter Roy Huber

California Real Estate Principles
Walter Roy Huber

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California Real Estate Principles, June 2, 2000

This text, by Walt Huber, is used in teaching a beginning course in real estate principles in numerous community colleges in California. As the title implies the specifics (ie laws, requirements, licensing, etc.) conform to the law in California.

At the end of every chapter there are a few review questions and important terminology covered in that chapter. Key topics within the text are highlighted and www (Internet) addresses are given for sites that corrospond to subjects discussed.

I found this to be easy-to-understand and written in a clear and informative manner. Also I believe this to be a good resource for questions concerning transactions within this state. If you are outside California this is NOT for you. Overall a favorable impression of this book.

Sounds like a good buy. But really, do you need a book for this? Here are the principles:

1) Real estate prices in California always go up.

2) You should always buy houses in 1975 so that your property tax will be locked in at amazingly low rates for you, your children, and all of your decedents.

3) Real estate anywhere else is useless. That’s why everyone flocks to California to buy real estate here. Especially the Bay Area.

4) Profit = Selling Price – Purchase Price. Ignore things like maintenance (you won’t need to do any).

What are some of your California Real Estate principles that you think are worth sharing?

Here’s a principle: Support Burbed.com! Click this link to learn more about donating to this site’s hosting costs!

Comments (153) -- Posted by: burbed @ 5:48 am

153 Responses to “California Real Estate Principles – Walter Roy Huber”

  1. RinkRat Says:

    Principle #5) It’s absurdly easy for anyone to get a license to sell real estate in California. Got a pulse and a #2 pencil?? Keep randomly filling in those bubbles, and sooner or later you too will pass the test and become….

    A REALTARD!!!

    Yeah, baby.

  2. Zak Says:

    I like the principle #4. Most people assume it without explicitly stating it. It is nice to see it in writing.

    Now that it is written, it can’t be worng.

  3. Herve Estater Says:

    Principle #4 is not quite correct though. We all know the gross profit will always be more than $500K in California, so say hello to capital gains tax!

  4. anon Says:

    Principle #6:

    Lie. Like Bob Toll. http://blogs.wsj.com/deals/2010/03/03/mean-street-dont-be-brainwashed-by-the-housing-cult/?mod=patrick.net

    That’s how the pro’s [sic] do it.

  5. Alex Says:

    Principle #7:

    1) buy whatever property you can get your hand on
    2) eBay it.
    3) Profit.

  6. Top Dog Says:

    Principle #8:

    S**t, like anon does.

  7. anon Says:

    That doesn’t make sense real trollester.

  8. SS Says:

    Please do the following search for Bay Area Real Estate Transactions:

    Bay Area Real Estate Transactions

    County (Select) : All
    City/Neighborhood : All
    Street :
    Zip : 95014
    Sale Price : All
    Year Sold : All
    Year Built :

    You will observe that all buyers are ASIAN …

  9. Alex Says:

    Of course all buyers are asian.

    Chinaman has to get his kids into the highest rated schools…even if he has to slave for the house, eat ramen all the time and cram 20 people into a house.

    Yip yip.

  10. Real Estater Says:

    Burbed:

    Please remove the above racially offensive comment. I suggest kicking Alex out of here as well.

  11. Alex Says:

    Whatsa matter, Faux Estater?

    Can’t handle the stereotypes? Or are you thinking it but too politically correct to say it?

    If it makes you feel better, I’ll go hunting for dogs and cats in yer hood tomorrow.

  12. Pralay Says:

    Please remove the above racially offensive comment.
    —–

    Pot meets kettle.

  13. SmilingCat Says:

    Train those kids to be cubicle veal so they can get the hot jobs in 1995

  14. ss Says:

    Toyota needs its skilled California workers
    Sergio U. Santos
    Saturday, March 6, 2010
    Sergio U. Santos is the president of United Auto Workers Local 2244, which represents workers at Nummi. Send your feedback to us through our online form at SFGate.com/chronicle/submissions/#1.

    This article appeared on page E – 5 of the San Francisco Chronicle

    =========

    A recent New York Times article confirms that plant closings are a life-and-death matter. According to the story, researchers have found that when older workers are laid off, it more than doubles their risk of a heart attack or stroke, and greatly increases the chance that they will develop a stress-related disease like diabetes, arthritis or psychiatric problems. Another study found that shutdowns shorten lives. In the first year after a layoff, the death rate for older men increases by anywhere from 50 to 100 percent. Even workers who are younger when they are laid off experience higher death rates as much as 20 years later.

  15. Alex Says:

    I wonder which idiot conducted that “study.” Was it randomized?

    Or is it some crappy “study” that noticed a weak association? LOL Newspapers will publish anything.

  16. ss Says:

    Federal subsidies for housing essentially began in the Great Depression with, among other things, the creation of the F.H.A. in 1934 and Fannie Mae in 1938. It all started for a simple reason: more than a third of all the unemployed were identified, directly or indirectly, with the building trades. At the time, there seemed to be no way to reduce unemployment without stimulating housing, and much the same is true today.

    But consider what will happen once the economy is again operating at full capacity. Basic economics tells us that when Americans, over all, spend more on housing, they must ultimately spend less on something else. Why should housing consumption be better than other consumption, or investments that people might choose?

    Switzerland, for example, is a country with strong patriotism, a fighting spirit of national defense, a commitment to freedom and tolerance, and a low crime rate. Yet its homeownership rate is just 34.6 percent, versus 66.2 percent for the United States, according to the two countries’ 2000 censuses.

    Swiss national identity doesn’t depend on homeownership. Instead, Riccarda Torriani, a historian at the Swiss Federal Department of Foreign Affairs, links the country’s sense of identity to such things as its system of direct democracy, which enforces popular participation in government; the idea that its citizens are frontier people (living in or near the rugged Alps); and a history of collective courage in defense of freedom, even when outnumbered.

    BUT America isn’t Switzerland. Our values and habits of thought are very different. Moreover, our homes are largely scattered in vast suburbs, often with distinct features. If many of these homes needed to be converted to rental units, home prices might well drop.

  17. DreamT Says:

    #16 – Higher homeownership rate reflects a higher distrust in government’s ability to take care of you (i.e. social safety net).
    #15 – Same can be said about your FUD post.

  18. Real Estater Says:

    >>Pot meets kettle.

    Unbelievably clueless guy. There is no racism in my post whatsoever.

  19. DreamT Says:

    #18 – Inferring firm race-based conclusion based on objective observations that have no racial context is racism. You do just that, hypocrit.

  20. Pralay Says:

    There is no racism in my post whatsoever.
    —–

    All the kettles say like that.

  21. Real Estater Says:

    DreamT,

    What you’re arguing is that my comment is racist to you but you have no issue with #9. Not sure what to call you, but skunk sounds about right.

  22. Real Estater Says:

    Alex,

    If you’re going to be a racist, at least don’t be a dumb racist. Ramen has actually nothing to do with China. It’s on the level of saying Indians eat seafood all day.

  23. DreamT Says:

    #21 – Whining again that I’m not “attacking” others on an equal footing? You should take this as a compliment that I have higher expectations of you, shouldn’t you? (plz leave the name calling to your two other avatars, they were created for that purpose after all)

  24. Real Estater Says:

    LOL. I should accept a skunk’s attack as a compliment.

  25. Pralay Says:

    Ramen has actually nothing to do with China.
    ——

    Wiki says: Ramen is a Japanese noodle dish that originated in China.

  26. Real Estater Says:

    Pralay,

    I see you’re quite eager to come to the assistance of the racist. Do you realize that Japanese characters also originated in China? Does it mean Japanese language is really Chinese language? Ramen as it exists today is a Japanese dish. It does not matter what happened hundreds if not thousands of years ago.

  27. Real Estater Says:

    Tasted any seafood lately, Pralay?

  28. DreamT Says:

    poor kettle needs a hug

  29. Real Estater Says:

    Poor losers siding with a racist.

  30. Real Estater Says:

    LOL. Pralay is eagerly checking Google on the origin of Japanese characters.

  31. nomadic Says:

    Whether Ramen has anything to do with China is moot. The stereotypical subsistence food around here is Ramen, so it would be a fitting meal for those who are desperately house-poor.

  32. DreamT Says:

    I swear my 2-year old has more emotional intelligence than you, RE! As in *more emotionally mature*

  33. Real Estater Says:

    New Rule: Racism is to be tolerated as long as it comes from the mouth of a housing bear.

  34. Real Estater Says:

    Joke of the day:

    The stereotypical subsistence food around here is Ramen

    Author: nomadic

    Let me suggest this fool make a trip out of Los Gatos and check out the price of Ramen.

  35. Real Estater Says:

    DreamT,

    I have no problem telling you again there is nothing right about your position. Regardless if my differences with anyone here, I would never compromise my personal integrity to side with or tolerate a racist.

  36. nomadic Says:

    RE, I had no idea you were so poor. I never would have thought you would think six servings for $1.25 was expensive.

    http://shop.safeway.com/dnet/RichProductInformation.aspx?promo_window=1&bpn=125100026

  37. DreamT Says:

    Helpful link for #34

  38. nomadic Says:

    Now this is racist – or maybe just funny:
    http://shop.safeway.com/dnet/RichProductInformation.aspx?promo_window=1&bpn=960027117

    What is “oriental” flavor?

  39. DreamT Says:

    #35 – Move on, the damage’s been done and documented. Or ask burbed to censor your own posts as referenced in #19…

  40. Herve Estater Says:

    > What is “oriental” flavor?

    The flavor of bad driving?

  41. Real Estater Says:

    nomadic,

    LOL. Safeway never crossed my mind when I think of Ramen. I guess you’ve never been to a Ramen place in the Real Bay Area.

  42. nomadic Says:

    wow, you are so dense, RE. I second DreamT’s sentiment in #32.

  43. DreamT Says:

    Herve – even when you try to sound racist, you don’t convince anybody. All the while RE can’t even convince himself, let along others, that he’s not a racist. The world’s such a b##ch!

  44. Real Estater Says:

    Call me dense if you want, but I’m taking stand here. Even elementary school kids are taught there is zero tolerance for racism. #9 is blatant racism, and would be subject to disciplinary action in any school. I guess DreamT just needs to wait a few more years before he learns the lesson from his 2-year old.

  45. Real Estater Says:

    DreamT,

    Why do you try to divert attention to #19 when the problem is in #9?

  46. DreamT Says:

    #9 is stupid, as opposed to racist. I don’t know why you focus your anger on it. Alex isn’t your kid nor his classmate. Pick your windmills a bit better.

  47. Pralay Says:

    Ramen as it exists today is a Japanese dish.
    —-

    That’s lot different from earlier statement “Ramen has actually nothing to do with China”.

    Would you say that Taco Bell and Panda Express have nothing to do with America? Or do they serve Mexican and Chinese food?

  48. Real Estater Says:

    >>Herve – even when you try to sound racist, you don’t convince anybody.

    That’s because #40 is similar to the link in #19. Of course, whether DreamT considers something as racist depends on that person’s position on housing.

  49. Real Estater Says:

    >>Would you say that Taco Bell and Panda Express have nothing to do with America? Or do they serve Mexican and Chinese food?

    Say what?

  50. anon Says:

    lol. real estater is taking a “stand.”

    Becuase its important to him that he’s the only one who gets away with blatant racism.

  51. Pralay Says:

    Does it mean Japanese language is really Chinese language?
    —-

    Poor Faux Estater! Grasping for straw. What you are really saying that Japanese writing system has something to do with Chinese writing system.

  52. Real Estater Says:

    DreamT says,
    >> I don’t know why you focus your anger on it. Alex isn’t your kid nor his classmate.

    Right. Why feel bothered when you see a Clansman beat up on a black person. After all, he’s not my kid nor his classmate.

    Keep going, DreamT. I hope you feel real proud of yourself when you put your kid to bed.

  53. DreamT Says:

    Herve’s post was smart and funny. Yours was racist. Alex’s was stupid… Herve’s position on housing is unknown. Yours is stereotypical. Alex’s is childish.
    Care to weave the phantom patterns in plain English?

  54. Pralay Says:

    Say what?
    —-

    Too slow? Have your “well round” kids gone bed? If not, they might be able to help you.

  55. DreamT Says:

    RE – Your hypocritical, self-defeating claim on moral high ground is reminiscent of that Clansman!

  56. Real Estater Says:

    All,

    You might recall there was one time somebody posted a pornographic link here. I spoke out against it immediately, but we saw similar kind of loser behavior from the usual suspects. These are the truly “dense” people, who can’t get over their personal grudge based on their position on housing.

  57. Real Estater Says:

    DreamT,

    Alex was stupid, childish…anything but racist?

    May I suggest you go wash your face and go to bed?

  58. DreamT Says:

    #56 – I could jibe that burbed itself is some sort of real estate pornography (softened with the occasional pink paint). But I’ll simply say this: pornography is a recognized, accepted and legal way to earn a living, with age and abuse restrictions. I don’t condone it any more than I condemn it. Your inferences on homeowner race based on the state of their lawn, on the other hand, are something I simply cannot condone and amounts to discrimination, which is illegal in many forms today.

  59. DreamT Says:

    supporting my comment above, see sections Labeling theory and Stereotypes under http://en.wikipedia.org/wiki/Discrimination

  60. DreamT Says:

    second supporting link for your entertainment http://www.businessweek.com/the_thread/hotproperty/archives/2006/05/real_estate_por.html

  61. Alex Says:

    Real Excrement,

    You friggin idiot. I made that post to point out to you how ridiculous you sound. You’re the one who associated the concrete lawn with Asian.

    Well, guess what? I’m Asian. And I happen to like manicured lawns.

  62. nomadic Says:

    bonsai too?

    lol

    Sorry, couldn’t resist.

  63. anon Says:

    Uhm, yeah go to bed real estater. You have been owned.

  64. Real Estater Says:

    DreamT,

    >>I’ll simply say this: pornography is a recognized, accepted and legal way to earn a living, with age and abuse restrictions.

    There’s a place for porn, and it’s not here. End of story.

  65. Real Estater Says:

    Alex,

    You’re Asian and you don’t own a house?

  66. anon Says:

    Fool. burbed is porn. see rule 34.

  67. Herve Estater Says:

    > You’re Asian and you don’t own a house?

    Worst troll ever.

  68. Alex Says:

    You friggin numbnut.

    It’s cuz I don’t want to be a slave to my house. Eat ramen noodles day in day out. And have to rent out my fvcking house like those people mentioned in the newspaper article (Wall St?) last week.

    Some of us Asians are actually intelligent and practical, unlike certain average tech guy.

    So cut it with the stereotypes.

  69. nomadic Says:

    > You’re Asian and you don’t own a house?

    Worst troll ever.

    Or just time for RE to put the shovel down.

  70. Real Estater Says:

    DreamT says,

    >>Your inferences on homeowner race based on the state of their lawn, on the other hand, are something I simply cannot condone and amounts to discrimination,

    And #9 is merely something childish, something you can condone.

    I’m merely repeating your message. I hope you find it stupid.

  71. Herve Estater Says:

    > There’s a place for porn, and it’s not here. End of story.

    I’m still hoping Alex will tell us about the redhead and the Asian chicks

  72. Real Estater Says:

    Herve and nomadic,

    Throughout this entire thread you have kept on attacking me, without saying a word of condemnation toward #9. Without me saying a word, you guys have become your own worst advertisement.

  73. DreamT Says:

    after homework

  74. Real Estater Says:

    Alex says,
    >>It’s cuz I don’t want to be a slave to my house. Eat ramen noodles day in day out. And have to rent out my fvcking house like those people mentioned in the newspaper article (Wall St?) last week.

    You’re making it sound as if buying a house is like going to intern camp.

  75. 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.

    I got about as close to both a redhead and Asian chick as Faux Estater got to a brain cell and “china style growth.”

    But getting an Asian chick was somewhat of a consolation :p

  76. Alex Says:

    You’re making it sound as if buying a house is like going to intern camp.

    I can’t say I know what it’s like to be booted out of my house by white man, have my livelihood and properties confiscated and forced to live in some god forsaken concentration camp in butt-fvcking Egypt.

    But from what I have observed of underwater, upside-down, in deep doo-doo homeowners, I currently have it good and have no desire to join them.

  77. Real Estater Says:

    Alex says,
    >>Well, guess what? I’m Asian.

    Damn, I forgot all about that. Asians are exempt from making racist remarks!

  78. Alex Says:

    Damn, I forgot all about that. Asians are exempt from making racist remarks!

    Yah, we are…if we don’t live in houses with concrete lawns.

  79. Herve Estater Says:

    > Without me saying a word, you guys have become your own worst advertisement.

    If only you could keep the “without me saying a word” for a little longer!

  80. DreamT Says:

    How lonely one must feel, when getting beaten up by everybody on an anonymous internet board is still THE highlight of one’s week, to be prolonged ad aeternam.

  81. Pralay Says:

    You might recall there was one time somebody posted a pornographic link here. I spoke out against it immediately, but we saw similar kind of loser behavior from the usual suspects.
    —-

    Liar. What’s next? You caught an Ramen-eating Asian terrorist at Burbed and reported to FBI?

  82. Real Estater Says:

    DreamT,

    I’m proud of the time spent last night fighting against internet racism from anonymous cowards. I hope Pralay bookmarks this thread for posterity. When the incident happened, you tried to downplay it by calling it “merely something childish”; a piggy tailed guy even attacked the person who stood up as being “dense”. At the center of all this is the Asian guy with no house and no self-respect (either that or someone pretending to be an Asian guy — it’s anonymous after all).

    Can we all get along?

  83. Real Estater Says:

    Pralay says,
    >>Liar. What’s next?

    Asked Burbed. He removed the link after I complained. Wanna bet a curry chicken lunch on this?

  84. Real Estater Says:

    Correction: Ask Burbed.

  85. Tuno Says:

    Hey – ramen is really tasty! if it weren’t for the palm oil I’d eat it the stuff. but maybe not the “Oriental Flavor.”:)

  86. Pralay Says:

    I’m proud of the time spent last night fighting against internet racism from anonymous cowards.
    —-

    The Most Bogus Claim Of The Year. This one beats his earlier typical constant claim “I’ve been right all along”. :)

  87. Pralay Says:

    I hope Pralay bookmarks this thread for posterity.
    —-

    No need to bookmark. I am pretty sure when I need to, I just have to google “skunk” on burbed.

  88. Pralay Says:

    Asked Burbed. He removed the link after I complained.
    —-

    One more lie. Keep on going. How about this: Burbed The Poor Programmer couldn’t remove the link himself (because he does not know how to remove it) and then Faux “the average tech guy” Estater logged on himself and removed the link.

    ——–
    Wanna bet a curry chicken lunch on this?
    ——-

    I thought “betting is illegal”. :)

  89. Real Estater Says:

    I’d suggest you stop using the L word before you have your facts straight.

  90. Pralay Says:

    I’d suggest you stop using the L word before you have your facts straight.
    —–

    What fact? Whatever you CLAIMED is not factual.

  91. Real Estater Says:

    It’s a fact, because RE NEVER lies.

    Here’s the thread: http://www.burbed.com/2009/02/12/garage-not-included-in-square-foot-report-san-mateo/

    Start with #62. You were there too, idiot (#67).

    In #89, Burbed informed that he removed the porn link.

  92. Real Estater Says:

    Faced.

  93. Real Estater Says:

    You owe me curry chicken at your house, Pralay.

  94. anon Says:

    Well, you sure look like an idiot on this one, RE. Way to go!

  95. Pralay Says:

    It’s a fact, because RE NEVER lies.
    —-

    One more lie. Someone who intentionally forgets about about his own “skunk” comment and then claims higher ground in #82 got to be big time liar.

    In other thread you said “please remove all posts by “BuyersAreIdiots””. BAI did not post porn link in his ALL posts. You agenda was clear – you wanted to get even with BAI. Citing porn link was just an excuse.

    And thanks for mentioning #89. Burbed exposed your true character there. You are indeed a liar.

  96. Alex Says:

    C’mon children.

    I can’t believe one sarcastic post to point out Faux Estater’s warped views of concrete lawns and its association with Asians resulted in this brouhaha. If I’m too magnanimous and you have trouble with reading comprehension, I can’t help you =P

    BTW, Faux Estater. I know you mean well, even if you sometimes come across a little dense. LOL

  97. ss Says:

    Parents pushing to raise $3 million to retain 115 Cupertino teachers

    By Linda Taaffe
    ltaaffe@community-newspapers.com
    Posted: 03/05/2010 04:42:35 PM PST
    Updated: 03/05/2010 04:43:28 PM PST

    A group of parents is racing to raise $3 million before May 15 in effort to prevent 115 teachers from losing their jobs in the Cupertino Union School District, which is in the process of making significant cuts due to unanticipated state budget takeaways.

    The grassroots group, called Their Future is Now, made its public debut March 4 during a district rally at Lawson Middle School held in conjunction with other events statewide to bring attention to the fiscal crisis at California’s schools.

    The group’s goal is to have every family in the Cupertino School District donate $375, which would cover the cost of keeping the teaching staff and the student-teacher-ratio at its current level in all 25 district schools. There are approximately 10,000 families in the district, which includes students from Cupertino and Sunnyvale.

    “We need to step in and help,” said parent Sandy Liu, who is on the group’s executive committee. “It’s like an 8.8 earthquake [hit]. These are such extraordinary times, everybody has to do their part to keep the quality of education we have, or we’re going to lose it.”

  98. ss Says:

    Cassidy: A real Silicon Valley power broker steps down

    By Mike Cassidy
    Mercury News Columnist
    Posted: 03/06/2010 04:00:00 PM PST

    Click photo to enlarge

    Jim Ryley, retiring as CEO of Cupertino Electric, started at the company as… (Cupertino Electric)
    Jim Ryley’s professional journey wasn’t exactly your conventional Silicon Valley career path.
    In fact, you could say that Ryley, who’s retiring as CEO of Cupertino Electric, is a throwback. Remember when you did what your dad did? When you went to work for a company as a kid and that’s where you stayed? That’s Ryley, who started as an electrician apprentice at the electrical design and construction company in 1959. Apparently, he worked out.

    …….
    …….

    Ryley pushed sales to a record $746 million in 2000, largely by working on the server farms that were key to the dot-com boom and made up about 85 percent of Cupertino Electric’s work. When the boom went bust, the reckoning was swift and severe. Over 18 months, Ryley laid off about 2,000 of the operation’s 3,000 employees, in what was his toughest stretch as CEO.
    “That’s probably the hardest thing, management thing, to do,” he says.
    Of course, those who were laid off were upset, the IBEW’s Tragni says. But, he added, Ryley worked well with labor and was open to new ideas.
    “He will be missed,” he says.
    Today Cupertino Electric is a company of about 1,000 employees with annual revenues of about $400 million. It’s time, Ryley says, to let a younger management team take over. And so he’s stepping aside after 50 years at the same company.

    As Ryley leaves, you might want to watch him go. Fifty years. One company. It’s just not the way we do business in the valley anymore. And on some level there’s something a little sad about that.

  99. Real Estater Says:

    Guys,

    Let’s review some of the dumb comments:

    BAI did not post porn link in his ALL posts.

    Author: Pralay

    Alex’s is childish.

    Author: DreamT, referring to racist comment in #9

    wow, you are so dense, RE

    Author: nomadic, referring to racist comment in #9

  100. anon Says:

    Alex, you’re silly. What on earth would make you say real estater means well?

  101. Real Estater Says:

    Recommended reading for those who were on the wrong side of history last night:

    An ugly spate of bias incidents has crossed several University of California campuses over the past month, causing consternation, outcry and fear that bigotry is alive among the young and educated.

    Students have protested and administrators have condemned, but the question remains of what lies behind the sudden parade of prejudice — a growing climate of insensitivity on campuses or a bunch of immature kids yearning for peer acceptance and attention.

  102. anon Says:

    A wee bit of Sunday trolling, real trollester?

  103. Pralay Says:

    Faced, Pralay. Ask your wife to prepare some curry.
    —-

    I can serve only one type of curry to a racist and liar like you – with enough hot chilly that you will never forget in your lifetime. :)

  104. DreamT Says:

    RE spent his Sunday baiting anonymous (and mostly absent) posters, while others were happily mingling with the very same folks RE’s trying so hard not to be racist against.

  105. Pralay Says:

    Let’s review some of the dumb comments:

    BAI did not post porn link in his ALL posts.
    —-

    That’s factually correct, Faux Liar Estater. BAI did not post pron in all his comments. He posted it in only ONE comment.
    And it was nothing but a gotcha moment for you. To get even with him, you wanted ALL his posts to be deleted.

  106. nomadic Says:

    wow, you are so dense, RE

    Author: nomadic, referring to racist comment in #9

    No, RE, I was referring to your comment in #41 and the fact that you didn’t get the Ramen/budget connection. But now that you mention it, you were dense for not recognizing sarcasm in #9 as well.

  107. DreamT Says:

    I don’t think RE is so dense. After all, we can all see right through him.

  108. nomadic Says:

    lol
    I stand corrected.

  109. Alex Says:

    Alex, you’re silly. What on earth would make you say real estater means well?

    Faux Estater is like the intellectually-challenged kid. He says and does things without knowing any better. He tries his best and no matter what, he still manages to fvck things up. I pity the bastard actually.

  110. Herve Estater Says:

    Come on Alex, you’re not going to find your tangerine candyfloss if you spend all your evenings on burbed ;-)

  111. Alex Says:

    Dude, it’s getting worse. A girl I met thinks I got wife and kids at home cuz all I do is work and I don’t go out or party. WTF lose lose. Maybe I’ll go trolling like Faux Estater :(

  112. Pralay Says:

    Maybe I’ll go trolling like Faux Estater
    —–

    Well, he has a legitimate reason for trolling. He can’t find BBQ table in Palo Alto parks because some black families with “ill-behaving and improperly dressed kids” from East Palo Alto occupy all the BBQ tables. So he sit home all Sunday and troll.

    What could be your reason?

  113. PA-S Says:

    Sure, I was a Chinaman; I bought my house (home) in town. My child went to the best University in town (because my child went there); the child got three degrees out of it (proud parent). We like ramen lots, just send the link of that ramen place RE post to my kid. Always said let‘s go for Japanese when we want to go to have ramen. I cannot cram 20 people into the house because there is only I and my child. I did slave myself but not for the house it is for the child I have. More than half of what I made went to Uncle Sam. I love AMERICAN!!! The place I came from is not good place for a devoiced female with child. I DO LOVE this country. She gives me everything I need (freedom and let along).
    ra-men is in chiness language , chiness will call the same thing tun-men (soup noodle)
    ra: get things out of water
    men: noodle

  114. nomadic Says:

    Poor Alex’s reason for trolling? He’s not gettin’ any? :-D

  115. Sio2 Says:

    PA-S, this comment intrigued me:
    More than half of what I made went to Uncle Sam.

    How can it be? The max tax rate is 35%. And that’s only on income above $250k or so. And CA’s top rate is about 10%, but then that tax paid is deductible against the 35% Fed tax. And nobody pays social security tax on income over $100k, so there’s no dollar of income that gets 35% fed + 10% CA + 7% SS.

  116. sv_newbie Says:

    SiO2, consider a family of 2 each making 106k (the limit for SS). It’ll be close to 50%.
    And, don’t forget medicare.

  117. mike Says:

    those top rates are “marginal” tax rates.

    the effective tax rate is always less than the marginal.

    i think 50% is simply an exaggeration.

  118. anon Says:

    Well now, there’s income tax, property tax, SALES tax, convenience tax, excise tax, cigarrette tax, california monitor recycling tax, etc..

    50% may be an exaggeration, but it probably isn’t too far off…

  119. nomadic Says:

    Don’t forget the tax coming to a computer near you soon – the so-called “Amazon tax!”

    http://www.stopetaxes.com/

    Last year, when Gov. Arnold Schwarzenegger vetoed a proposal (AB 178) to extend the sales tax to all online sales, the California legislature vowed a rematch. That time has now come.

    Currently in Special Session, lawmakers have taken the language from last year’s measure and inserted it into a new bill (ABX8 8), pushing a tax hike under the guise that they are simply clarifying current tax law. The affiliate nexus tax (or “Amazon” tax) has been tossed back and forth between legislative chambers, but now is scheduled for final passage in the State Assembly.

  120. Herve Estater Says:

    I’m for the “Amazon tax”.

  121. Real Estater Says:

    Good news, guys. Job openings up sharply in January.

    When I reported in real time that the job market has picked up significant pace, the usual suspects here were skeptical, and kept pointing to lagging indicators. This is just another example of RE being right all along.

  122. nomadic Says:

    “exercept:”

    There are now about 5.5 unemployed people, on average, competing for each opening. That’s still far more than the 1.7 people who were competing for each opening when the recession began. But it’s down from just over 6 people per opening in December 2009.

    Economists were encouraged by the report but cautioned that hiring will likely increase only slowly this year.

    “It’s getting better, though not as quickly as you’d like,” said Dan Greenhaus, chief economic strategist at Miller Tabak.

    The economy has lost 8.4 million jobs since the recession began, the largest drop since the 1930s. The jobless rate was unchanged last month at 9.7 percent. Most economists expect the rate to remain elevated for several years.

  123. Herve Estater Says:

    I see nomadic has sharp pralay skills ;-)

  124. Alex Says:

    Poor Alex’s reason for trolling? He’s not gettin’ any?

    No, I’m getting some. Just not some redhead and Asian at the same time.

  125. Pralay Says:

    Good news, guys. Job openings up sharply in January.
    —-

    Thanks for the laugh, Faux Estater. :) I was hoping to get better “Good News” from you. Not based on “job opening”.

    And speaking of Silicon Valley (aka. “no recession, no layoffs” Disneyland), job opening is bad thing. Who wants to hire back those “dead woods”? They were cleaned up two years back for good. Fewer jobs resulted more innovation. We don’t want job opening here. We want innovations to continue.

  126. Real Estater Says:

    nomadic,

    Which part of the word “sharply” did you not understand?

    Let me assert again, most economists are wrong. The job market has continued to pick up since January. There’s already a feeding frenzy in certain areas related to the government stimulus. It’s a great year for the experienced tech guy.

  127. Pralay Says:

    There are now about 5.5 unemployed people, on average, competing for each opening. That’s still far more than the 1.7 people who were competing for each opening when the recession began. But it’s down from just over 6 people per opening in December 2009.
    —-

    I wonder what that half-person is doing now. Must be very busy for licking envelopes in Census Bureau.

  128. Real Estater Says:

    I’m on a business trip in Southern Cal right now. The Hilton I’m staying at is packed. They couldn’t get me a suite because all the suites are sold out.

  129. Pralay Says:

    Which part of the word “sharply” did you not understand?
    —–

    Let’s figure it out what is “sharply” means. Let’s read what that article says:

    Job openings rose sharply earlier this year, evidence that employers are slowly ramping up hiring as the economy improves.

    The number of openings in January rose about 7.6 percent, to 2.7 million, compared with December, the Labor Department said. That’s the highest total since February 2009.

    So this is the highest job opening since February 2009. Wait a minute! Since February 2009? What happened in January 2009? If someone wants to compare with seasonal adjustment, he should compare with January 2009, right? Ok, let’s visit Labor Stat Dept where the data came from.
    January 2009 job opening: 2.792 million
    January 2010 job opening: 2.724 million

    Heck, it’s even less than 2009. I guess that’s called “real time” data. :)

  130. nomadic Says:

    If most economists are wrong, why would you post articles where they’re being quoted?

    You’re an enigma, wrapped in hyperbole, rolled in crap.

  131. anon Says:

    “I’m on a business trip in Southern Cal right now. The Hilton I’m staying at is packed. They couldn’t get me a suite because all the suites are sold out.”

    That’s just what they tell the riff raff when they don’t want to give them a suite. If you were a heavy hitter, you’d have one.

  132. DreamT Says:

    I have to second anon’s input on this, having worked in the travel, hospitality & event industry. If they like you, they won’t walk you. If they really like you, they’ll upgrade you. If they love you, they’ll augment your suite with a complimentary basket of cheese & fruit assortment or whatnot. Even in the middle of the busiest event.
    Just consider yourself lucky you weren’t walked and don’t draw conclusions, especially with low-end Hilton.

  133. anon Says:

    Perhaps I should have said: if you were a heavy hitter or not an asshole you’d have a suite.

  134. Pralay Says:

    The Hilton I’m staying at is packed. They couldn’t get me a suite because all the suites are sold out.
    —-

    Heard similar stories before. Anything new?

  135. Pralay Says:

    why would you post articles where they’re being quoted?
    —-

    Because it a catchy title with the word “sharply”. I don’t think he actually read the article. Needless to say that this “job opening” news is one of the most obscure news today which nobody cared. And that’s the “Good News” from Faux Estater.

    More realistic survey is here:
    Employers still skittish on hiring

  136. Real Estater Says:

    >>having worked in the travel, hospitality & event industry

    You mean you’ve been a waiter?

  137. Pralay Says:

    Perhaps I should have said: if you were a heavy hitter or not an asshole you’d have a suite.
    —-

    You mean even hotel points cannot rescue an asshole?

  138. Real Estater Says:

    >>If most economists are wrong, why would you post articles where they’re being quoted?

    The point of quoting the article is to show the fact that jobs openings are increasing sharply, and to circle back to my earlier claim.

    You are arguing for the sake of arguing. There’s nothing to dispute here.

  139. DreamT Says:

    #136 – No they usually don’t make me wait :) There’s a separate line at the Fairmont if you’re on the President’s club program.

  140. Pralay Says:

    The point of quoting the article is to show the fact that jobs openings are increasing sharply, and to circle back to my earlier claim.
    —-

    And total job opening number of January 2010 circles back to January 2009 number. Wow! That’s a great “sharp increase” :)

  141. Herve Estater Says:

    Pissing contest again?

  142. DreamT Says:

    More exclusive (i.e. non-chain) hotels also have a 3 to 1 ratio of concierges to visitors. I.e. as you walk in, first dilemma: which one is the prettiest?

  143. Herve Estater Says:

    > first dilemma: which one is the prettiest?

    Redhead, followed by the Asian.

  144. Real Estater Says:

    >>Pissing contest again?

    I always thought that avatar in #140 looks like some guy pissing.

  145. Pralay Says:

    I am definitely pissing on your head. That’s how your gray hairs get nutrient.

  146. Real Estater Says:

    OK, let that be the thread killer. Maturity level has just gone down the toilet.

  147. anon Says:

    Funny how it got there when you arrived.

  148. Alex Says:

    It’s a great year for the experienced tech guy.

    I’m on a business trip in Southern Cal right now. The Hilton I’m staying at is packed. They couldn’t get me a suite because all the suites are sold out.

    They gave all the suites to the experienced tech guy. Average tech guys get the dumpster.

  149. Sio2 Says:

    Mike says:
    those top rates are “marginal” tax rates.

    the effective tax rate is always less than the marginal.

    Yes, somehow many people don’t understand the difference between marginal and average. I talked to a guy who honestly believed that if your income went to the next bracket, then all of your income would be taxed at that level. These are the same guys who say that Bush/McCain’s top bracket of 35% was fine, but Obama’s proposal to let the Bush cuts expire and go back to 39% for the top was communism, and they would shut down their companies to spite the gummint.

  150. Herve Estater Says:

    > I talked to a guy who honestly believed that if your income went to the next bracket, then all of your income would be taxed at that level.

    Then the IRS should tax him that way. It’s not like he would feel cheated and we need more tax revenues, right? :-)

    They are the same people making a $500 donation to go to a lower tax bracket thinking they are going to save thousands.

  151. mike Says:

    what’s funny about dumb people, is when you tell them they’re wrong, they argue the hardest.

    i guess that’s how they stay dumb for so long (reminds me of someone on this forum).

  152. Pralay Says:

    i guess that’s how they stay dumb for so long (reminds me of someone on this forum).
    —-

    Well, he is “right all along”, because he says so. You are arguing for the sake of arguing. There’s nothing to dispute here.

  153. nomadic Says:

    > I talked to a guy who honestly believed that if your income went to the next bracket, then all of your income would be taxed at that level.

    Then the IRS should tax him that way. It’s not like he would feel cheated and we need more tax revenues, right?

    The perfect “stupid tax!” I like it.


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