Market Watch

/ Market Watch #821  
In our area for the past 20 years I’ve noticed periods of appreciation and periods where valuations stay flat, but not declining value.
I've been through several boom and bust periods with always new highs after the bust...

25%, 40% 80% and currently 35%

Never less than I paid.
 
/ Market Watch #822  
I've been through several boom and bust periods with always new highs after the bust...

25%, 40% 80% and currently 35%

Never less than I paid.
Same here in the DC area, it just keeps ratcheting up.
For a while it looked like "they" might decentralize government a bit with more jobs going to the flyover states. Ain't happening.
Covid drove a lot of suburbanites to the hinterlands, it filled back in quickly.
When I moved to my present house in '84 ($114K) I never thought I would live in a million dollar house. Fast approaching that.
 
/ Market Watch #824  
/ Market Watch #825  
People gripe like heck about public corruption. And the further away it is the louder they complain. Yet they never show up to their local city council, county commissioner's court or school board and ask questions or complain about outrageous spending. Hardly any news media is active any more to investigate the local corruption. There is all kinds of graft and grifting at the local level but to do anything about it would take some real fortitude and most 'citizens' just don't have it.

It's sickening.
I have and do, the problem I see is the outright lying and cheating that goes on. One of our county commissioners was censured for racial bias and poor management skills. Part of the punishment was no more voting on personnel issues. Guess who voted anyways? Next up was how to remove an elected commissioner. An ordinance was presented requiring 5 of 5 commissioners vote yay to oust.

One of the local neighborhoods has a failing local water system. It has taken over 8 years for the county to adopt and begin installation of county waterlines. Originally, the Cost proposal was ~$400,000. Eight years and inflation later, the current estimated completion cost is ~$1,450,000. The county cannot/will not explain why it was delayed so long. The neighborhood residents are responsible to cost share the initial install so that went from ~$10500 per house to ~$ 37000. Curb to house is also additional homeowner responsibility. Permit fee is $300, registered master plumber license required.

Everything is guised under Political Correctness, however the undertone is they cheat and rewrite policy and codes to cover themselves. There is not any accountability for actions/words either.
We, the people, are the stupid ones. We keep funding this nonsense.
 
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/ Market Watch #826  
Everything is guised under Political Correctness, however the undertone is they cheat and rewrite policy and codes to cover themselves. There is not any accountability for actions/words either.
We, the people, are the stupid ones. We keep funding this nonsense.

This is Marxism/Authoritarianism in its infancy stages.
Then it gets much worse when they take your rights away.

We need to keep this out of our policy and our free markets.
 
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/ Market Watch #827  
This is Marxism/Authoritarianism in its infancy stages.
Then it gets much worse when they take your rights away.

We need to keep this out of our policy and our free markets.
Somewhat related is how many in government seem to forget they are servants of the people and not the other way around…
 
/ Market Watch #829  
The issue has become there appears to be a core of voters who vote because of what they get from the government, but instead of paying for this with tax dollars, they keep growing the deficit and devaluing the dollar in the process.
 
/ Market Watch #830  
The issue has become there appears to be a core of voters who vote because of what they get from the government, but instead of paying for this with tax dollars, they keep growing the deficit and devaluing the dollar in the process.
The "issue" at the local level is simple.
Too many with strong opinions and too few interested in working on solutions. It's true that ratio is never well-balanced, but today it is more unbalanced than I've ever seen it.
 
/ Market Watch #831  
The "issue" at the local level is simple.
Too many with strong opinions and too few interested in working on solutions. It's true that ratio is never well-balanced, but today it is more unbalanced than I've ever seen it.

Yep. None of our local elections are competitive. Depending upon where you live, if you win the primary it’s a no brainer you win the election.

Dense city is Democrat. More rural Republican.
 
/ Market Watch #832  
Yep. None of our local elections are competitive. Depending upon where you live, if you win the primary it’s a no brainer you win the election.

Dense city is Democrat. More rural Republican.
The suburbs are where elections are decided.
 
/ Market Watch #833  
All these recent posts are why I am glad we live in rural america. But even so it can be frustrating at times. Our county was considering wind turbines at one point. I was motivated and highly involved in getting it stopped. Our ordinances were very weak and inviting. Heck they were slated to begin development. Then residents caught wind of what was about to go up. It really woke up the voting population.

A group was formed and I helped. It was very interesting to say the least with my involvement. I decided to call an appraisal company that was local to do an apraisal on the county when turbines were commissioned. They turned me down b/c they didnt want to get involved. I thought that was odd but it didnt stop me. I found another reputable person. It took about 4 weeks for the report to be presented. I passed it out to commissioners and of course they all said they new how it worked. Yet a lot of us were looking at decreased property values. I then decided to take it to all the local real estate providers. They said the wind company had already been there, dropped off reports showing zero decrease in property value. Now thats stupid. A house with wind turbines viewable from the property is worth less. I dont care what anybody says. I have never heard someone say. I need to buy a house buy wind turbine.

Next I did an FOIA on all commissioners. Interestingly I had received an email between commissioner and wind rep stating there would unfortunately be decrease in property value. People were also afraid of the noises that turbines would create so that was a concern. One commissioner told the wind rep those people could just sound proof their homes. This FOIA was pretty revealing with one commissioner. So i copied about 20 pages where he was speaking out of his ass with wind rep. Made booklets to hand out. And it really pissed off alot of people b/c this commissioner was really well liked. He actually resigned b/c he couldn't take it anymore.

Through all this I was escorted and cursed out of commissioners office frequently. When they are lying they get worked up easily. It should also be noted I took all my findings and my report from appraisal company to the local news paper. They didnt do one article about it. Needless to say we dont have wind turbines in our county so the commissioners did end up doing what the tax base wanted but for about 3 years. I wanted to pull my hair out. We recently had solar companies trying to move in but thats been derailed as well. Newest thing is CO2 capturing. Thats still being decided
 
/ Market Watch #834  
/ Market Watch #835  
All these recent posts are why I am glad we live in rural america. But even so it can be frustrating at times. Our county was considering wind turbines at one point. I was motivated and highly involved in getting it stopped. Our ordinances were very weak and inviting. Heck they were slated to begin development. Then residents caught wind of what was about to go up. It really woke up the voting population.

A group was formed and I helped. It was very interesting to say the least with my involvement. I decided to call an appraisal company that was local to do an apraisal on the county when turbines were commissioned. They turned me down b/c they didnt want to get involved. I thought that was odd but it didnt stop me. I found another reputable person. It took about 4 weeks for the report to be presented. I passed it out to commissioners and of course they all said they new how it worked. Yet a lot of us were looking at decreased property values. I then decided to take it to all the local real estate providers. They said the wind company had already been there, dropped off reports showing zero decrease in property value. Now thats stupid. A house with wind turbines viewable from the property is worth less. I dont care what anybody says. I have never heard someone say. I need to buy a house buy wind turbine.

Next I did an FOIA on all commissioners. Interestingly I had received an email between commissioner and wind rep stating there would unfortunately be decrease in property value. People were also afraid of the noises that turbines would create so that was a concern. One commissioner told the wind rep those people could just sound proof their homes. This FOIA was pretty revealing with one commissioner. So i copied about 20 pages where he was speaking out of his ass with wind rep. Made booklets to hand out. And it really pissed off alot of people b/c this commissioner was really well liked. He actually resigned b/c he couldn't take it anymore.

Through all this I was escorted and cursed out of commissioners office frequently. When they are lying they get worked up easily. It should also be noted I took all my findings and my report from appraisal company to the local news paper. They didnt do one article about it. Needless to say we dont have wind turbines in our county so the commissioners did end up doing what the tax base wanted but for about 3 years. I wanted to pull my hair out. We recently had solar companies trying to move in but thats been derailed as well. Newest thing is CO2 capturing. Thats still being decided
Off shore wind was just abandoned off the coast of New Jersey. Enough people complained and the foreign company that was going to build the whole project pulled out. Dead whales & dolphins, whooshing noises and views off the coast destroyed forever have ceased to exist.

See ya!
 
/ Market Watch #837  
The issue has become there appears to be a core of voters who vote because of what they get from the government, but instead of paying for this with tax dollars, they keep growing the deficit and devaluing the dollar in the process.
Not in Missouri.
Show Me… sorry couldn’t resist.

On the way home there was a radio discussion that basically said of the thousands of counties nationwide only about a dozen control election outcome…
 
/ Market Watch #838  
^^^^^
Just take a look at the US electoral map for each national election…it’s pretty shocking. The major population areas/cities/counties control the outcome in most states.

Mike
 
/ Market Watch #839  
I have and do, the problem I see is the outright lying and cheating that goes on.
The more you go and pay attention the more you will see. You have to also get others to go. And get better people to run for office.
 

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