Saturday, November 25, 2006

Political Compass

I have taken a few "where do you politically stand?" quizzes on the internet. Most of them are hogwash and you can guess what they will tell you by a set of 10 obvious, generic questions. (i.e. - "How much control should the state have over business? a. none b. a little c. a lot d. total control...DUH!) This isn't very scientific if you know the answer will fit you into a political ideal of your choice.
That said, I found a pretty good website for this: www.politicalcompass.org

This one is way better than some I have seen. Most of us know where we stand, but these are still fun. The political compass funnels your ideals for you. It is still on the basic side...but it's easier than taking a 200-question exam and joining Fight Club.

Friday, November 10, 2006

Does it come with a toilet?

I used to be an avid baseball card collector. In fact, I still have them all and even buy some stuff on eBay from time to time. The bible of baseball card collecting is the Beckett price guide. I used to say to my Dad, "Hey! I got this card out of my pack and it's worth $10!" My Dad would crush my excitement and reply, "Oh is it? Well go try to sell it for $10 and see what you get." (He was always correct, even today baseball cards on eBay go for 50-70% of the listed worth.)

The same thing applies to today's house market. We are appparently in a "buyer's market". Millions of houses for sale, no one buying them. Here is the problem. All of the houses are still listing around the same price they ended at when the housing boom ended about 1 year ago. Our house is still 'worth' the same price it was then. However, no one wants to buy these houses. Why? Well, the experts say that times are slow for home sales.

I have a better explanation. If no one is buying your house for $250,000, then maybe it isn't WORTH $250,000! Grand idea, is it not? I believe, in this time of consumerism and get-rich-quick mentalities, people can't fess up to this fact. The housing market over the last few years was unnatural and may never be seen again. There is no way an investment can get that kind of return in so little time. It was a fluke. Face it, America. You can't get 55-70% on your house in less than 2 years. It was never meant to happen. When will 'the market' respond with a price reduction? Not to mention the fact that a hard-working American can't even buy a decent house due to their ridiculous cost.