I have been sick with bronchitis, which has screwed up my day job work schedule and affected posting here. But I got some prescription drugs from the doctor today and expect recovery in a few days. I take an eclectic approach today.
Search Results for: housing bubble
The Wrong Gulf
On Sunday, I gassed up my 1989 Volvo 740 for $2.69 a gallon–the good stuff–and moaned about high prices. Yesterday a friend IMed and told me to gas up before prices jumped 40 cents a gallon. Too late, $3.19 when my wife got the pumps. She paid more today, $3.49 a gallon, or a delightful 80-cent increase in just two days.
I predict the situation will get a lot worse. New Orleans is now the equivalent of a Biblical epic—disaster that will keep on going. The death, the destruction, the economic impact will be like another 9-11, except as an Act of God (Why should he get the blame, anyway?) rather than act of terrorism. Few weeks back, I blogged about the housing bubble. Katrina, that vicious bitch, put a hole in the bubble, I think.
The (Honorary) Cats of University Heights: Oliver, Too
Today, while walking in the neighborhood of Hillcrest, along University Avenue, not far from Eli’s, I came upon a tabby wearing a GPS collar. He moved with assurance, not bothered by my following and unsuccessfully taking a good photo (I got plenty of his back). As he moseyed into a parking lot, someone called “Oliver” to him and said “That’s my cat” to me.
His owner had one of those meshy cat carriers that are often worn on the back. She is former military, from Portland, Ore., and lives here—having once been stationed in San Diego. The thirty-nine-year old was refreshingly friendly, particularly considering current American society’s stereotypes of animosity and division: Woman of color and aging white male are supposed to be enemies of gender and race.
Where They Stood
Twenty-one years ago today, terrorists flew commercial airliners into the Twin Towers in New York City and the Pentagon in Arlington, Va. Of course, I vividly remember the unfolding events, like so many Americans. That said, meaning fades with time.
Surely everyone alive when Japan bombed Pearl Harbor in December 1941 shares similar experience. Think of what occurred during the following 21 years to make the event’s emotional impact diminish. Little things, like the Cuban Missile crisis in October 1962 that brought the world to the precipice of nuclear war.
The Cats of University Heights: Spalding
Could San Diego’s housing market be slowing down? Countywide, the median home price dropped by $19,250 to (cough, cough) $730,500 month-on-month in July. Oh, I just quake with excitement. In context of this information, I was curious to look at a property, located where Georgia Street and Spalding Place meet, discovered on Zillow yesterday. On Aug. 7, 2021, the sellers lopped off $50,000 from the asking price. Whip out your checkbook! The residence now lists for $1.149 million. That’s not a location where I would expect to see something selling for so much; hence, my nosiness.
The three-bedroom, three-bathroom, 1,630-foot Craftsman sits on Georgia but I approached from cross-street Spalding, which explains my nickname given to the handsome black seen there. I used Leica Q2 to capture the Featured Image and companion, today. Vitals, aperture manually set for both: f/5.6, ISO 100, 1/320 sec, 28mm; 9:56 a.m. PDT. The other: f/8, ISO 100, 1/160 sec, 28mm; 9:58 a.m.
Why We Gave Up the Zoo
When my wife and I last visited San Diego Zoo, on July 21, 2020, we debated about whether or not to renew our residential membership before it expired. With much of California locked down in response to SARS-CoV-2 (severe acute respiratory syndrome Coronavirus 2)/COVID-19—and closures returning—we decided to wait. Had we anticipated a forthcoming price increase, maybe our decision would have been different.
Our 2-adult annual pass during 2018 was $112, if I rightly recall, and either $129 or $149 when renewed. We could have re-upped for $160, with an offer that expired 10 days after our last walkabout among the critters. Since then, the animal refuge switched to individual-only pricing. For comparable benefits as before, which include no blackout dates, our combined renewal rate would be $218, which by my math is a 36-percent increase over our last renewal offer and 95-percent more than our 12-month pass purchased three years ago.
An Independence Day Reflection
I can’t attest to other San Diego neighborhoods, but University Heights has undergone dramatic, observable changes since start of the SARS-CoV-2 (severe acute respiratory syndrome Coronavirus 2)/COVID-19 lockdowns in mid-March 2020. Many of the older, long-time residents sold their homes during the bubble boom and much younger folks—many of them couples with small children—moved in; more new renters can be seen than buyers, and a good number of the arrivals are Northern California escapees.
The question: How much does the demographic shift affect observable patriotic behavior—and, perhaps, installation of a more liberal administration in Washington, D.C. diminishing Donald Trump’s brand of rah-rah Americanism? I ask because this Fourth of July noticeably differs from every other seen since our first here in 2008. Most notable: The significantly smaller number of U.S. flags hanging from houses or multi-unit dwellings and absence from Park Blvd, which is the main business street. Other reasons may include progressives’ success spotlighting the country’s racial wrongs. Dunno, but I can say that this year’s celebration is muted—more so than even during pandemic lockdowns. Also observed: A surge in rainbow flags, which considerably outnumber the Stars and Stripes—that, too, diverges from all previous years.
Decisions, Decisions
On June 15, 2021, California will largely reopen—fifteen months after Governor Gavin Newsom shut down most businesses and institutions, also instructing citizens to stay at home, in an attempt to slow spread of SARS-CoV-2 (severe acute respiratory syndrome Coronavirus 2)/COVID-19. This sidewalk sentiment seems oh-so appropriate for near-normalcy returning. Granted, inflation rises, the housing market is insanely competitive, supply shortages increase cost for goods like lumber, and many reopening businesses struggle to hire enough employees—among other oddities. So normal isn’t nearly enough.
Newsom will free Californians four days before the traditionally celebrated Freedom Day/Emancipation Day—also known as Juneteenth. How ironic—or arrogantly preemptive—is that? But he is not relinquishing the emergency powers used to close down the state. How will that decision affect his chances during the special recall election that could, in a few months, remove him as governor? Surely some people will respect his maintaining authority, while others will say that he oversteps his gubernatorial powers. We’ll see soon enough.
Bump Art
Sometimes I am shocked to find myself out of touch with popular culture—and that’s a terrible admission living in Southern California, where pronounced body art can be seen everywhere. Yet, not until yesterday’s Flickr Blog post “Belly Paining” and link to small gallery of photos had I ever seen such a thing.
Yeah, my wife and I are middle-aged parents with a daughter in college—removed from immediate contact with expectant-mother lifestyle. Nevertheless, how in the land of tattoos could I miss something so interesting, creative, and personally expressive? What a wonderful way to celebrate the joys (and hardships) of pregnancy.
Masters of the Econolypse
While I was flu-snookered last week, Rolling Stone issue 1099 arrived. It’s the third issue received since my resubscribing after more than 25 years. Amazon made an offer I couldn’t refuse: Half-year subscription for a buck. The writing is better than ever, although a contributing editor wrote the best story—”Wall Street’s Bailout Hustle“.
That best story is simply amazing. Matt Taibbi puts the mortgage crisis and subsequent government bailout in grifter terms (Seven different cons). Matt’s storytelling is exceptional, and he gives the crisis the rip-off context it deserves.
There can't be a Free Web if No One Pays
Paywall is suddenly a hot topic as free content turns many longstanding businesses—news among—to apparent ruin. News Corp. Chairman Rupert Murdoch is mad as hell, and he’s not going to take this anymore. This week Murdoch repeats his call for paid services during a U.S. Federal Trade Commission public workshop.
“We need to do a better job of persuading consumers that high-quality, reliable news and information does not come free,” he says. “Good journalism is an expensive commodity.”
Reich’s Right: No Economic Recovery in Sight
U Cal Berkley prof Robert Reich astutely and concisely sums up the prospects for economic revival in commentary “When Will the Recovery Begin? Never.” I saw it today at Salon, but Robert posted to his blog on July 9.
Other economic observers who talk about a recovery underway go oddly together with reality. There is no recovery now, and there isn’t going to be one in the foreseeable future.