Housing is a bubble, but we won’t see problems until the boomers start dying off in quantity and there aren’t enough people to buy/rent their properties.
All real estate will start being devalued and it won’t matter if private companies are snapping up the vacancies.
Failure of a retailer isn’t necessarily quite the same thing as a bubble though. I witnessed the kind of failure you’re talking about most recently with Fry’s Electronics. I was out of pocket following major surgery for a year, when I went back to Fry’s it was like “Oh, holy hell, what happened?”
Well, their distributors cut them off, they tried to move to a consignment model, and the only stuff they had in any quantity was Gatorade and toilet paper. 😉 Man, if only they had made it to Covid! They could have…
😎
Cleaned up!
“Only” 10 years makes it sound shorter than it should be. 10 years is way, way longer than any bubble should last.
“an economic, asset, market bubble lasts for about 5.6 years or about 67.5 months. 98% confidence interval indicates a range of 3.1 years to 8.15 years. Thus, as per the data, there is a 98% probability that a bubble should have an age of 5.3 years ± 2.53 years.”
p.s. I love that their data goes back as far the Tulipmania in 1634-1638.
More on that in the excellent book “Extraordinary Popular Delusions and the Madness of Crowds.”
(Public Domain!)
What’s going on close to your home does not absolve Israel from committing war crimes for the last 30 years.
In the 1950s, French men were incredibly sexist, and Bond had no use for women. LOL.
“The only thing that really worried me was the ether. There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. And I knew we’d get into that rotten stuff pretty soon. Probably at the next gas station. We had sampled almost everything else, and now— yes, it was time for a long snort of ether. And then do the next hundred miles in a horrible, slobbering sort of spastic stupor. The only way to keep alert on ether is to do up a lot of amyls—not all at once, but steadily, just enough to maintain the focus at ninety miles an hour through Barstow.”
Hunter S. Thompson - Fear and Loathing in Las Vegas
Not the only reason:
Casino Royale:
"‘First of all,’ and he inhaled a thick lungful of Caporal, ‘you will be pleased with your Number Two. She is very beautiful’ (Bond frowned), ‘very beautiful indeed.’ Satisfied with Bond’s reaction, Mathis continued: ‘She has black hair, blue eyes, and splendid … er … protuberances. Back and front,’ he added. ‘And she is a wireless expert which, though sexually less interesting, makes her a perfect employee of Radio Stentor and assistant to myself in my capacity as wireless salesman for this rich summer season down here.’ He grinned. ‘We are both staying in the hotel and my assistant will thus be on hand in case your new radio breaks down. All new machines, even French ones, are apt to have teething troubles in the first day or two. And occasionally at night,’ he added with an exaggerated wink.
Bond was not amused. ‘What the hell do they want to send me a woman for?’ he said bitterly. ‘Do they think this is a bloody picnic?’"
“after a review of the evidence that was gathered, it was determined that the person of interest needed to be released.”
Just sayin’, maybe you review the evidence BEFORE you name someone a person of interest and arrest them?
Oh yeah, FUNCTIONALLY, the house is fine.*
*“fine” defined as “built in 1951 so there is not a single ground wire in the entire house so we have 4 GFI outlets for the important stuff.” 😉
Internal US News does not go in World. See !news@lemmy.world
Yeah, I hit the same thing with a chocolate cheesecake recipe of mine. It calls for a 12 ounce bag of miniature chocolate chips.
The “good” brand chips are all 10 ounce and 20 ounce bags now. Fortunately I found a store brand that was 12 ounces.
I do have a kitchen scale so it would have been possible to buy the 20 ounce bag and measure out 12 ounces…but still!
That’s not a bad idea. I’ll need to measure the space once the shelves go up to get a better idea. Thanks!
That’s the minimalist basic plan, yeah. Hoping to do something complimentary above the bookshelves though.
Yeah, the pattern makes it intentionally hard to tell. It’s a vacuum formed plastic square with 4 circles.
What they did was staple a horizontal slat, then some extra vertical slats, and painted the bottom half of the wall blue.
It’s all plaster except for the crappy wood slats they stapled on. LOL.
I found some old photos from before they did this, it was a perfectly fine wall. Maybe a little plain, but fine!
I dunno if they’re transparent enough for that, would be worth looking into.
There’s an 10" gap between the bookshelves and the ceiling I’m trying to do something with. 😉
I need to figure out what to do with the top of the wall that sticks up above the bookshelves, lots of options, but my wife has veto power. 😉
Left to my own devices? TARDIS wall. LOL.
Others:
No joke! Glad I have some time off!
As a parent, I’d feel that I had failed on some fundamental level. That our kid reached a point where taking their own life was a more viable option than talking to me? Yeesh.