Unfilter?
Monday, July 14, 2008
Letter to the New Yorker
Carry on... hopefully the kittens will get distracted by something shiny before the next news cycle starts.
Monday, June 23, 2008
"Shortages, Prices Hit California Food Banks as Schools Recess"-Bloomberg
As California schools let out this month, food banks in the state face record demand for free meals from families pressed by food price inflation and economic hardship.
Second Harvest Food Bank of Santa Clara and San Mateo counties has requested extra donations, saying 115,000 children may go hungry in the region. The San Francisco Food Bank has been forced to find new sources to distribute enough food for 66,000 meals a day, a 16 percent increase from last year.
...
In a survey by America's Second Harvest, a national hunger relief organization, the Food Bank for Monterey County in Salinas, California, reported a 63 percent jump in clients during the past four months, while distributing six items per bag compared to the 18 it used to provide.
There is so much empty space in the Fresno Community Food Bank's distribution center ``you could drive a truck through it,'' Wilkie said....
Some things are hard to grasp; then there's this:
The federal government has reduced donations to California food banks by 59 percent, to 30.9 million meals last year from 75.7 million in 2002, according to the California Association of Food Banks.
What is this crap? --- From the CA food bank report of EOY '07
On the Decline: The USDA food supply has been declining because much of the food provided is purchased by USDA in order to
provide price support to agricultural markets ("bonus"). Because farm prices have been relatively high in recent years, USDA has
purchased less food and therefore has had less food to supply to food banks and people in need.
Market economies at their best.
Wonder if the mega-churches can step up to the plate and pick up the slack?
Wonder what I'll do about it...
Sunday, April 6, 2008
Slap Happy
Response I"ll never send, but created this blog to post instead
Glad to see you're sticking it out in this turbulent real estate market and all, I hope you're doing alright in it.
I saw your listing in a Note today and I can't help but wonder what type of crack the current owners (or yourself) are smoking when they think something that was appraised in 2007 according to the "MATRIX" listing for 850k would've magically appreciated another 125k. I know all real estate is local, but I find that rate of appreciation to be rather unbelievable given the current credit market, foreclosure issues, and excess inventory that the builders have got --- Erm, I mean lets try to look at it another way...
and please remove the ugly 80's style plug-in 'dinning room' picture thingy
Meet my friend Mr. Zillow http://www.zillow.com/HomeDetails.htm?zprop=51840108
It says that the home was purchased for roughly 900k back in '06
AND if you drill further in, have a look at the pretty orange numbersTax Information
Tax Assessment History 2002 2005 2006 2007 Total property tax paid: $7,594 $7,594 $8,076 $8,076 Assessed value bldgs: $491,420 $491,420 $726,430 $669,790 Assessed value land: + $180,000 + $180,000 + $180,000 + $180,000 Total assessed value: = $671,420 = $671,420 = $906,430 = $849,790
Ouchie...
And cuz everyone likes graphs
Interesting the data from that zipcode
Red = Fairfax County, Turquoise = zip, Orange = US
The house looks like a spec house from the last housing boom, although I don't think ther was one in 1988, I have to bail and don't have time to research it.
One parting shot.
The house looks abandoned, dingy, and badly in need of some better lighting. My guess is that it was either an 'investment property', or somebody got / is getting foreclosed and obviously since they put no money into the unit except for a tacky wall picture... they want to make up their carrying costs of 900K + 2 years of payments (perhaps made through other means of financing) can get expensive....ya think perhaps 75 expensive?
how much will the overcorrection be?
Archives
April 2008 June 2008 July 2008
Subscribe to Posts [Atom]