Since many of our members are considering relocating, downsizing and/or finding housing better suited to their future priorities (e.g. greater energy efficiency), we invited Patrick Killelea, founder of the housing news and forum site Patrick.net, to offer his advice to house buyers in today’s market. Patrick was one of the most vocal bloggers warning about the collapse of the U.S. national housing bubble years before it inevitably popped in 2007.
(A note to those of our readers who work in residential real estate: the views expressed here are Patrick’s own, which he has consistently maintained for years. While some of them are not popular with the realty industry, the resulting dialogue they have created about the structure of our national real estate model has been a healthy one.)
If you’re in the market for a house, there are a number of important factors to consider which your agent just isn’t going to tell you.
Buying a House in Today’s Market
by Patrick KilleleaSince many of our members are considering relocating, downsizing and/or finding housing better suited to their future priorities (e.g. greater energy efficiency), we invited Patrick Killelea, founder of the housing news and forum site Patrick.net, to offer his advice to house buyers in today’s market. Patrick was one of the most vocal bloggers warning about the collapse of the U.S. national housing bubble years before it inevitably popped in 2007.
(A note to those of our readers who work in residential real estate: the views expressed here are Patrick’s own, which he has consistently maintained for years. While some of them are not popular with the realty industry, the resulting dialogue they have created about the structure of our national real estate model has been a healthy one.)
If you’re in the market for a house, there are a number of important factors to consider which your agent just isn’t going to tell you.
In my first post on crime, I urged you to accept the reality of the criminal threat and to mentally choose not to allow yourself to be easily victimized. Hopefully you’re reading this second post because you’ve sworn off the denial, distraction, and passivity that characterizes most people and decided to do whatever you reasonably can to protect yourself, your family, and your home. If this mindset of yours is authentic and deeply felt, you’re more than halfway to your goal.
Your next step is to form a self-protection plan. Helping you do that is the purpose of this second post.
Fortifying Yourself And Your Home Against Crime
by thc0655In my first post on crime, I urged you to accept the reality of the criminal threat and to mentally choose not to allow yourself to be easily victimized. Hopefully you’re reading this second post because you’ve sworn off the denial, distraction, and passivity that characterizes most people and decided to do whatever you reasonably can to protect yourself, your family, and your home. If this mindset of yours is authentic and deeply felt, you’re more than halfway to your goal.
Your next step is to form a self-protection plan. Helping you do that is the purpose of this second post.
Given its simple elegance in addressing a question frequently asked on this site, this post has been elevated from the forums section. It has been updated by site members rhare and travlin since its first appearance (the original post can be read here).
I've been working on a way to get across to friends and family how bad the economic situation has become. I find one of the biggest problems is that when numbers are in the billions and trillions they are very hard to imagine, and people get this glazed/deer in the headlights look. So I decided to try to scale the numbers in a way that can be more easily visualized.
Below is an updated version, with many thanks to members of PeakProsperity.com community who suggested changes/corrections, and particularly to Travlin for rewording much of the message to make it a better story. Hopefully this version will help convince others of the serious nature of the US fiscal outlook.
My Troubled Relative
I need your advice. I have a relativewho is in financial trouble. He makes $50,000 a year, but he spent $74,591 last year, and his prospects of making $50,000 this year look kind of bad. There's a good chance he will get a pay cut.
How to Explain the Current Economic Situation to Friends & Family
by rhareGiven its simple elegance in addressing a question frequently asked on this site, this post has been elevated from the forums section. It has been updated by site members rhare and travlin since its first appearance (the original post can be read here).
I've been working on a way to get across to friends and family how bad the economic situation has become. I find one of the biggest problems is that when numbers are in the billions and trillions they are very hard to imagine, and people get this glazed/deer in the headlights look. So I decided to try to scale the numbers in a way that can be more easily visualized.
Below is an updated version, with many thanks to members of PeakProsperity.com community who suggested changes/corrections, and particularly to Travlin for rewording much of the message to make it a better story. Hopefully this version will help convince others of the serious nature of the US fiscal outlook.
My Troubled Relative
I need your advice. I have a relativewho is in financial trouble. He makes $50,000 a year, but he spent $74,591 last year, and his prospects of making $50,000 this year look kind of bad. There's a good chance he will get a pay cut.