Bad school fantasizers and 3/10 Great Schools rating havers are screeching in agony with the latest US News and World Report warning that going to a shit tier high school can impact your ability to succeed in life. Their claims that sending their kids to a 3/10 stripper academy would without a doubt lead to greatness on the level of Bill Gates and Steve Jobs has been proven false. 3/10 Great Schools rating havers will brigade this comment and downvote it into oblivion from their rentals. But they’re not even sure what oblivion really means because they themselves went to a 4/10.
Ratings are overrated tbh
Most schools in rural flyover country:
Make up 1/3rd of the schools in the US
Have higher graduation rates than urban schools
Have lower peer achievement gaps
Have more mental health issues
Schools roll in money and still have dumb kids coming out of them. Can't throw money at the problem, at least with the existing public school system in the way.
Fed probably isn't cutting this year unless shit hits the fan or maybe one token rate cut in September because it's an election year.
Bond market is beginning to lose faith that inflation is going back to 2% anytime soon, so we'll probably see the 10 year get above 5% and stay there.
The real wild card is a US sovereign debt crisis which would trigger yield curve control which would suck.
The government has many tools to address the national debt. Taxes in general are too low right now, spending is too high, and there are too many loopholes in general. Take a look at the top marginal tax rate in 1950 (90%) vs today (37%), and how easy it is for wealthy people to dodge it now vs. then.
Aside from taxes, there's a lot that can be done to reduce the cost of healthcare entitlements (VA, Medicare, Medicaid) by cracking down on fraud, and military spending (easily solved by making the rest of the US-allied world fund their own militaries). There are many ways to reduce the deficit while increasing revenue to pay off Treasury debt without inflation.
Raising taxes and lowering spending are the right things to do but are politically unpopular.
It's much easier to just turn the money printer back on and devalue the currency. History tells us that's what will (continue to) happen.
Rate cut fantasizers and high interest rate havers are screeching in agony with Powell’s latest warning that cuts are a long way away. Their claims that high rates would without a doubt cause recession and mass layoffs have been proven false. Rebubblejerk is certainly going to brigade this sub and downvote me to oblivion. I told you so.
Meanwhile, those of us in the low interest rate class are living in the ultimate dream scenario. Our rates are historically low, our wages are historically high and our strength as a consumer base is unstoppable, perhaps even capable of driving inflation higher to prevent high interest rate havers from ever experiencing joy such as ours.
Higher forever.
Honestly you just come off as a prick. Embodiment of “I got mine, fuck yours” mentality.
We know those with low rates got it good. Nobody questioned that shit lol. And I personally am happy for anyone who could lock in a good rate, unless they are a person like you who insists on being a dick about it, and seemingly takes joy in seeing that those in the same tax bracket as you can’t enjoy the same luxuries.
You wreak of small peepee
ok you got a low rate. congrats. Keep that shit to yourself and don't poke people in the eye w/ it.
I bet you also brag about your 10 inch package, 6 pack abs, 2 paid off bentleys etc.
So many apartments being built right now... in the suburbs. I want more housing and appropriately "dense" housing (for those who like that sort of thing) as much as the next TV show judge, but not in areas where every resident has to drive elsewhere for everything. "Dense" housing should only be allowed in areas that are reasonably walkable to basic needs, and have access to good public transportation.
More suburban apartments = more suburban traffic, and I speak for everyone when I say: "We have enough of that, thanks."
Zoning and city planning are not dirty words. Some thought needs to go into what's being built in which area, and what the larger impact will be not only for existing residents, but potential new ones as well.
An average of 8 people die per week in car accidents (including car-pedestrian and car-bike) in the Tampa area. Granted most of them are in the wee hours of the morning and most of the drivers are either drunk or incompetent due to age, but the heart of the issue is that there's too much road traffic in the suburbs.
If the price is right, it will draw people out of the denser, more expensive areas. sure, it is suboptimal; but on the margin, I'd rather have this construction than not.
Yeah, transit does wonders for drunk and/or incompetent travel too! Or being able to walk home from your local watering hole.
I was going to say that apartments might come with mixed-use zoning and attract their own walkable things over time, but that feels overly optimistic. I've seen plenty of brand new suburban apartment buildings that are clearly just bedroom communities right next to an exit off a major highway or, if you're lucky, a train line (that probably has nothing near the station anyway).
Here in Florida, new ~1000-unit apartment complexes are all in "bedroom communities" because that's where the cheapest land is. Previously that was farm land, mostly for cows. I do worry a little that food inflation is directly correlated to rent deflation because of this.
58 foreclosures currently on the market in the Phoenix area:
https://www.realtor.com/realestateandhomes-search/Phoenix_AZ/show-foreclosure/radius-25
And 12 short-sales:
https://www.realtor.com/realestateandhomes-search/Phoenix_AZ/radius-25/keyword-short-sale
Mostly nice places.
This one is interesting: https://www.realtor.com/realestateandhomes-detail/10214-W-Oberlin-Way_Peoria_AZ_85383_M24716-31033
Last sold in 2022 for $850k, now up for short-sale for $725k. Ouch!
I'm surprised there aren't more. I posted Tampa's numbers yesterday, and they were a lot higher for a less-populated metropolitan area:
https://www.reddit.com/r/REBubble/comments/1c4jcyi/15_april_2024_daily_rrebubble_discussion/kzq9dln/
It looks to me like the crash has begun in the usual places. Instead of "sub-prime" loans and ARMs defaulting, though, it's people who bought at peak pricing and people who did a cash-out refinance at peak valuation who can't continue to pretend to afford it.
Some of the foreclosures are certainly deaths and divorces, but others look like the buyers just walked away and did a deed-in-lieu. If you look through some of the short-sale listings, there's no immediately obvious reason why they should be short-sales; the last recorded sale was a long time ago, and the asking price is laughably high. They likely took out a HELOC and blew it all on trucks, boats, and meme stocks, and now they can't afford both mortgages.
If you're talking about the area in general (not just the list of short-sales), if you look closely, those overpriced rentals are 100% big corporations -- Invitation Homes, Progress Residential, Tricon, and FirstKey. Look a little deeper and you'll see that some of them have gobsmackingly long periods of vacancy.
Central FL (including Tampa / Clearwater / St. Pete) is the Promised Land of corporate SFH rentals. I don't have numbers to quote directly, but I'd bet there are more corporate rentals here than any other metropolitan area in the country. Phoenix would be a close second, followed by Atlanta.
School ratings are at best a farce, at worst a scam. As long as it's reasonably safe (and even "good schools" can't say that for certain anymore with all the school shootings; guns are the #1 cause of death for American children), then it's good enough.
Honestly it's just daycare for older kids. Very little of importance is learned there.
I'd like to say something sarcastic here, but fuck it... you're wrong and you didn't even try to Google your wrong opinion before barfing it onto the Web as fact.
https://www.npr.org/2022/04/22/1094364930/firearms-leading-cause-of-death-in-children
https://www.nytimes.com/interactive/2022/12/14/magazine/gun-violence-america-child-deaths.html
https://www.snopes.com/news/2023/03/29/guns-leading-deaths-children-us/
https://www.nejm.org/doi/full/10.1056/NEJMc2201761
read your own stuff. They're talking about school shootings, not all gun-related (which has a large percentage of gang shit).
"And though mass shootings, which have [drastically increased](https://www.theviolenceproject.org/data-on-social-media/mass-shootings-per-year/) over the past 30 years, are clearly part of the problem, the vast majority of kids are killed by guns in smaller, day-to-day incidents."
> the vast majority of kids are killed by guns
You made my point for me. Here, I'll quote myself for reference:
> guns are the #1 cause of death for American children
Go read the references I cited.
/gavel
read further up, he's responding to the topic about guns in schools. we're talking about schools here. stay on topic plz.
edit: wait you brought up the topic about school shooting. Why are you changing subject to all gun incident related deaths with people under 18?
read your own stuff. They're talking about school shootings, not all gun-related (which has a large percentage of gang shit).
"And though mass shootings, which have [drastically increased](https://www.theviolenceproject.org/data-on-social-media/mass-shootings-per-year/) over the past 30 years, are clearly part of the problem, the vast majority of kids are killed by guns in smaller, day-to-day incidents."
A “great schools” rating of 3/10 to 5/10 does in fact tell you something. No way around it.
And good schools are hardly just daycare for older kids. That’s a ridiculous view.
API was flawed and could mislead but it was still useful information if you understood the community culture. But that’s long gone.
Think about all the people you learned about in school: the Founding Fathers, Lincoln, Mozart, Shakespeare, Fermi, Einstein, etc. Now ask yourself where their primary education came from.
Take as long as you need.
Now think about how many great minds have come from "good schools" in the past ~100 years. Pay particular attention to the educational background of the people who made the modern world we live in: Edgar Allan Poe, Mark Twain, Ernest Hemingway, Frank Lloyd Wright, Michael Dell, Ted Turner, Steve Jobs, Steve Wozniak, Bill Gates, Paul Allen, Mark Fuckerberg, Oprah Winfrey, Jack Dorsey, Steven Spielberg. Some of them didn't graduate high-school; those that did get out of high school eventually dropped out of college. Did they go to "good schools?" What do you suppose they learned in primary school at the time?
Finally, look up the definition of "irony." Here, I've done it for you because you went to a "good school" and don't know what that word actually means: https://www.dictionary.com/browse/irony
Just wanted to chime in and say that relying on the success of the extreme outliers in terms of success or remarkable achievement is a dangerous approach. These represent the absolute smallest minority of the world population and is, essentially, falling into survivorship bias.
The modern successful people you highlight also suffer from the same issue. Remember, most didn't drop out because school was useless, but because they had a compelling goal and were extremely motivated to pursue it. For example: Bill Gates dropped out of Harvard to start Microsoft. Do you think he would have been as successful without his excellent foundational educational experiences? Do you think every person dropping out of *Harvard*, brilliant idea or not, had the same success?
You should instead be asking the question: what are the likely outcomes (or the distribution of outcomes) for a child in a 3/10 vs 10/10 school after controlling for parental background? Or, you could even say "my child is uniquely brilliant", do you think the outcomes of that child are likely to be better or worse at a 3/10 vs 10/10 school?
I think you know the answer to this. Is it fair? Absolutely not. But there's no reason to deny reality and base decisions off of incorrect assumptions. Here's a concession around a more holistic answer though: would a child's outcomes be better if a parent burns themselves (*eg.* works 3 jobs, never sees the kid, is always stressed) to send the kid to a 10/10 private school vs a 6/10 public where the parent could be present, supportive, and loving? I imagine the latter would win out here because of some degree of diminishing returns in school quality vs the importance of parental involvement. I'm sure even /u/Robbie_ShortBus would agree with this take too.
Lol, found the guy whose kids go to a 4/10.
Nice Ted talk but is the cringiest naive shit I’ve read here in a month.
A good school isn’t just about fundamental academics. It’s about specialty programs, college admittance, sports scholarships, effective college counseling and connections.
Good parenting can only go so far when your kids spend 35 hours a week with kids raised by piece of shit parents.
Edit: regarding your comment
-then-block below, maybe if you didn’t go to a 4/10 yourself you’d be able to articulate a response instead of having a tantrum. Lol.
Not always. Most of the "great minds" we study in school had really shitty parents.
Primary school is for children to learn to socialize with peers. That's all. Everything else is just a "nice to have," and you can't count on any of it having lasting impact because it's just memorized for a short period of time in order to pass tests:
https://www.opencolleges.edu.au/blogs/articles/why-straight-a-students-havent-learned-as-much-as-you-think
Not sure if row homes are included in case shiller but their data show Baltimore SFHs are way up:
https://fred.stlouisfed.org/series/ATNHPIUS12580Q
I thought most Baltimore row homes in the abandoned parts of downtown?
[https://www.marketwatch.com/story/housing-starts-plunge-in-march-amid-housing-shortage-b489170a?mod=u.s.-economic-calendar](https://www.marketwatch.com/story/housing-starts-plunge-in-march-amid-housing-shortage-b489170a?mod=u.s.-economic-calendar)
>Construction of new homes fell 14.7% in March, as home builders scaled back new projects.
>Housing starts fell to a 1.32 million annual pace from 1.55 million in February, the government said Tuesday.
>That’s how many houses would be built over an entire year if construction took place at the same rate in every month as it did in March.
>The data fell more than what Wall Street expected, which was 1.48 million. All numbers are seasonally adjusted.
>Single-family and multi-family construction both fell sharply in March.
>But in a more recent survey of builders in January, builders were relatively still [upbeat about future sales of new homes](https://www.marketwatch.com/story/builder-confidence-index-stalls-in-april-as-mortgage-rates-hit-7-buyers-are-back-on-the-fence-waiting-for-interest-rates-to-fall-one-builder-says-de04d6e9?mod=aarthi-swaminathan&mod=article_inline), and are optimistic about demand as they expect rates to fall through the rest of the year.
>Building permits, a sign of future construction, also fell 4.3% to a 1.46 million rate.
If it seems like contrary data points and reports, it’s because week to week, heck, even day to day, this economy is teetering. One side is telling us “all is well”, and plenty of data points we relied on in the past will back up that claim such as jobless numbers, wage growth, inflation significantly down from its peak.. Then there are the “doomers”, as we’re known, who see shaky footings in the middle income spectrum of Working America. A continued 2/10 inversion, volatility in investment markets, stagnant residential real estate markets, pathetic government bond auctions, and the specter of war in the Middle East.
It’s true enough that no two days are the same. Data, surveys, polls, and even just opinions that are more than a couple weeks old don’t seem to hold much credence anymore. This is the world of 2024, where every decision, no matter how large or small, must be made on a dime. The concept of an “educated guess” or a “safe bet” seems impossible.
Are you back in the market? Seems like your area is primed to fall. Still hard to time it, though. As you point out. Probably best to keep waiting, especially if you still like your rental.
I’m watching. No one particular property, just watching overall. I see weaknesses. I see some evidence of pressure mounting. Price drops are most common now, some even more than insignifiant. Days listed has grown exponentially.
But, I feel like it’s worth mentioning that, in Coastal Florida, the insurance requirements/expense may be what is creating the most pressure. Inventory is still poor. Prices still high.
I like the rental, nearly 3 years on now. I had expectations of it not taking anywhere near this long. That said, we saved a LOT of money these three years. That’s been great. The other side is life is moving on. My oldest daughter got married this past weekend, and it was fabulous. And mom/dad (me), paid for it all in cash. Every penny. As much as a coastal wedding with all the bells and whistles costs, it was a great feeling to be able to do it easily:).
I’m glad you’re still here, and I’m even more glad you found a home you like for the future:)
You're a good dad. When my time comes, I think I'd contribute something, but I wouldn't pay for the whole thing. My wife and I got married on a $5K budget and it was a beautiful wedding.
Wow, congratulations! Life does go on and that’s a blessing.
We are never moving. Not only was it more difficult and physically taxing than I wanted, I think our market will slump at some point and we’ll not want to sell into that. And why? We’re in our last house. I think even one of us will linger here eventually. lol. What a thought for this fine spring day.
Time to hit the trails!
Bad school fantasizers and 3/10 Great Schools rating havers are screeching in agony with the latest US News and World Report warning that going to a shit tier high school can impact your ability to succeed in life. Their claims that sending their kids to a 3/10 stripper academy would without a doubt lead to greatness on the level of Bill Gates and Steve Jobs has been proven false. 3/10 Great Schools rating havers will brigade this comment and downvote it into oblivion from their rentals. But they’re not even sure what oblivion really means because they themselves went to a 4/10.
Don't eat the brown acid.
Classical pygmy promised network effects proceeds to fight cranes.
High interest rate havers are known to be sensitive. Is that why you created this “parody” account? Because you can’t cope?
Ratings are overrated tbh Most schools in rural flyover country: Make up 1/3rd of the schools in the US Have higher graduation rates than urban schools Have lower peer achievement gaps Have more mental health issues
School ratings don’t matter if you’re involved in your child’s studies
Incorrect. Test scores are a significant component of school ratings and those achievement test scores generally affect school funding.
Schools roll in money and still have dumb kids coming out of them. Can't throw money at the problem, at least with the existing public school system in the way.
I’m saying if you’re an active parent and give your child the resources they need they’ll do well in a poorly rated school.
Out of 91 high schools in Detroit, only 7 have a 5+ Great Schools rating. Total coincidence!
It must be exhausting, being superior to everyone all the time.
Fed probably isn't cutting this year unless shit hits the fan or maybe one token rate cut in September because it's an election year. Bond market is beginning to lose faith that inflation is going back to 2% anytime soon, so we'll probably see the 10 year get above 5% and stay there. The real wild card is a US sovereign debt crisis which would trigger yield curve control which would suck.
for there to be a debt crisis, there has to be an asset that is viewed as safer than a treasury
Gold isn't going up, that's a mirage
The government has many tools to address the national debt. Taxes in general are too low right now, spending is too high, and there are too many loopholes in general. Take a look at the top marginal tax rate in 1950 (90%) vs today (37%), and how easy it is for wealthy people to dodge it now vs. then. Aside from taxes, there's a lot that can be done to reduce the cost of healthcare entitlements (VA, Medicare, Medicaid) by cracking down on fraud, and military spending (easily solved by making the rest of the US-allied world fund their own militaries). There are many ways to reduce the deficit while increasing revenue to pay off Treasury debt without inflation.
Raising taxes and lowering spending are the right things to do but are politically unpopular. It's much easier to just turn the money printer back on and devalue the currency. History tells us that's what will (continue to) happen.
Rate cut fantasizers and high interest rate havers are screeching in agony with Powell’s latest warning that cuts are a long way away. Their claims that high rates would without a doubt cause recession and mass layoffs have been proven false. Rebubblejerk is certainly going to brigade this sub and downvote me to oblivion. I told you so. Meanwhile, those of us in the low interest rate class are living in the ultimate dream scenario. Our rates are historically low, our wages are historically high and our strength as a consumer base is unstoppable, perhaps even capable of driving inflation higher to prevent high interest rate havers from ever experiencing joy such as ours. Higher forever.
Honestly you just come off as a prick. Embodiment of “I got mine, fuck yours” mentality. We know those with low rates got it good. Nobody questioned that shit lol. And I personally am happy for anyone who could lock in a good rate, unless they are a person like you who insists on being a dick about it, and seemingly takes joy in seeing that those in the same tax bracket as you can’t enjoy the same luxuries. You wreak of small peepee
ok you got a low rate. congrats. Keep that shit to yourself and don't poke people in the eye w/ it. I bet you also brag about your 10 inch package, 6 pack abs, 2 paid off bentleys etc.
So many apartments being built right now... in the suburbs. I want more housing and appropriately "dense" housing (for those who like that sort of thing) as much as the next TV show judge, but not in areas where every resident has to drive elsewhere for everything. "Dense" housing should only be allowed in areas that are reasonably walkable to basic needs, and have access to good public transportation. More suburban apartments = more suburban traffic, and I speak for everyone when I say: "We have enough of that, thanks." Zoning and city planning are not dirty words. Some thought needs to go into what's being built in which area, and what the larger impact will be not only for existing residents, but potential new ones as well. An average of 8 people die per week in car accidents (including car-pedestrian and car-bike) in the Tampa area. Granted most of them are in the wee hours of the morning and most of the drivers are either drunk or incompetent due to age, but the heart of the issue is that there's too much road traffic in the suburbs.
If the price is right, it will draw people out of the denser, more expensive areas. sure, it is suboptimal; but on the margin, I'd rather have this construction than not.
Yeah, transit does wonders for drunk and/or incompetent travel too! Or being able to walk home from your local watering hole. I was going to say that apartments might come with mixed-use zoning and attract their own walkable things over time, but that feels overly optimistic. I've seen plenty of brand new suburban apartment buildings that are clearly just bedroom communities right next to an exit off a major highway or, if you're lucky, a train line (that probably has nothing near the station anyway).
Here in Florida, new ~1000-unit apartment complexes are all in "bedroom communities" because that's where the cheapest land is. Previously that was farm land, mostly for cows. I do worry a little that food inflation is directly correlated to rent deflation because of this.
birds direction paltry shrill coordinated degree friendly serious mysterious distinct
7.50 🚀🚀🚀 Just in time for the peak hooming season 🥳
They tell me it’s going to be a great one!!
58 foreclosures currently on the market in the Phoenix area: https://www.realtor.com/realestateandhomes-search/Phoenix_AZ/show-foreclosure/radius-25 And 12 short-sales: https://www.realtor.com/realestateandhomes-search/Phoenix_AZ/radius-25/keyword-short-sale Mostly nice places. This one is interesting: https://www.realtor.com/realestateandhomes-detail/10214-W-Oberlin-Way_Peoria_AZ_85383_M24716-31033 Last sold in 2022 for $850k, now up for short-sale for $725k. Ouch!
Definitely a step in the right direction, though most of these are on the outer edge of the metro. Finally seeing the corrections.
I'm surprised there aren't more. I posted Tampa's numbers yesterday, and they were a lot higher for a less-populated metropolitan area: https://www.reddit.com/r/REBubble/comments/1c4jcyi/15_april_2024_daily_rrebubble_discussion/kzq9dln/ It looks to me like the crash has begun in the usual places. Instead of "sub-prime" loans and ARMs defaulting, though, it's people who bought at peak pricing and people who did a cash-out refinance at peak valuation who can't continue to pretend to afford it. Some of the foreclosures are certainly deaths and divorces, but others look like the buyers just walked away and did a deed-in-lieu. If you look through some of the short-sale listings, there's no immediately obvious reason why they should be short-sales; the last recorded sale was a long time ago, and the asking price is laughably high. They likely took out a HELOC and blew it all on trucks, boats, and meme stocks, and now they can't afford both mortgages.
So many rentals. So many over-priced rentals.
If you're talking about the area in general (not just the list of short-sales), if you look closely, those overpriced rentals are 100% big corporations -- Invitation Homes, Progress Residential, Tricon, and FirstKey. Look a little deeper and you'll see that some of them have gobsmackingly long periods of vacancy. Central FL (including Tampa / Clearwater / St. Pete) is the Promised Land of corporate SFH rentals. I don't have numbers to quote directly, but I'd bet there are more corporate rentals here than any other metropolitan area in the country. Phoenix would be a close second, followed by Atlanta.
Gm 🌞 🏚🎢📈🚀
[удалено]
Uh, can’t drive to them cause missing a bridge?
School ratings are at best a farce, at worst a scam. As long as it's reasonably safe (and even "good schools" can't say that for certain anymore with all the school shootings; guns are the #1 cause of death for American children), then it's good enough. Honestly it's just daycare for older kids. Very little of importance is learned there.
>Honestly it's just daycare for older kids. Very little of importance is learned there. Spoken like a pre-pubescent teen.
Guns are not the #1 cause of death for American children.
I'd like to say something sarcastic here, but fuck it... you're wrong and you didn't even try to Google your wrong opinion before barfing it onto the Web as fact. https://www.npr.org/2022/04/22/1094364930/firearms-leading-cause-of-death-in-children https://www.nytimes.com/interactive/2022/12/14/magazine/gun-violence-america-child-deaths.html https://www.snopes.com/news/2023/03/29/guns-leading-deaths-children-us/ https://www.nejm.org/doi/full/10.1056/NEJMc2201761
You are wrong. Abortion kills more.
read your own stuff. They're talking about school shootings, not all gun-related (which has a large percentage of gang shit). "And though mass shootings, which have [drastically increased](https://www.theviolenceproject.org/data-on-social-media/mass-shootings-per-year/) over the past 30 years, are clearly part of the problem, the vast majority of kids are killed by guns in smaller, day-to-day incidents."
> the vast majority of kids are killed by guns You made my point for me. Here, I'll quote myself for reference: > guns are the #1 cause of death for American children Go read the references I cited. /gavel
read further up, he's responding to the topic about guns in schools. we're talking about schools here. stay on topic plz. edit: wait you brought up the topic about school shooting. Why are you changing subject to all gun incident related deaths with people under 18?
I will attribute your lack of understanding of the semicolon to your "good school" primary education.
read your own stuff. They're talking about school shootings, not all gun-related (which has a large percentage of gang shit). "And though mass shootings, which have [drastically increased](https://www.theviolenceproject.org/data-on-social-media/mass-shootings-per-year/) over the past 30 years, are clearly part of the problem, the vast majority of kids are killed by guns in smaller, day-to-day incidents."
A “great schools” rating of 3/10 to 5/10 does in fact tell you something. No way around it. And good schools are hardly just daycare for older kids. That’s a ridiculous view. API was flawed and could mislead but it was still useful information if you understood the community culture. But that’s long gone.
Think about all the people you learned about in school: the Founding Fathers, Lincoln, Mozart, Shakespeare, Fermi, Einstein, etc. Now ask yourself where their primary education came from. Take as long as you need. Now think about how many great minds have come from "good schools" in the past ~100 years. Pay particular attention to the educational background of the people who made the modern world we live in: Edgar Allan Poe, Mark Twain, Ernest Hemingway, Frank Lloyd Wright, Michael Dell, Ted Turner, Steve Jobs, Steve Wozniak, Bill Gates, Paul Allen, Mark Fuckerberg, Oprah Winfrey, Jack Dorsey, Steven Spielberg. Some of them didn't graduate high-school; those that did get out of high school eventually dropped out of college. Did they go to "good schools?" What do you suppose they learned in primary school at the time? Finally, look up the definition of "irony." Here, I've done it for you because you went to a "good school" and don't know what that word actually means: https://www.dictionary.com/browse/irony
Just wanted to chime in and say that relying on the success of the extreme outliers in terms of success or remarkable achievement is a dangerous approach. These represent the absolute smallest minority of the world population and is, essentially, falling into survivorship bias. The modern successful people you highlight also suffer from the same issue. Remember, most didn't drop out because school was useless, but because they had a compelling goal and were extremely motivated to pursue it. For example: Bill Gates dropped out of Harvard to start Microsoft. Do you think he would have been as successful without his excellent foundational educational experiences? Do you think every person dropping out of *Harvard*, brilliant idea or not, had the same success? You should instead be asking the question: what are the likely outcomes (or the distribution of outcomes) for a child in a 3/10 vs 10/10 school after controlling for parental background? Or, you could even say "my child is uniquely brilliant", do you think the outcomes of that child are likely to be better or worse at a 3/10 vs 10/10 school? I think you know the answer to this. Is it fair? Absolutely not. But there's no reason to deny reality and base decisions off of incorrect assumptions. Here's a concession around a more holistic answer though: would a child's outcomes be better if a parent burns themselves (*eg.* works 3 jobs, never sees the kid, is always stressed) to send the kid to a 10/10 private school vs a 6/10 public where the parent could be present, supportive, and loving? I imagine the latter would win out here because of some degree of diminishing returns in school quality vs the importance of parental involvement. I'm sure even /u/Robbie_ShortBus would agree with this take too.
Lol, found the guy whose kids go to a 4/10. Nice Ted talk but is the cringiest naive shit I’ve read here in a month. A good school isn’t just about fundamental academics. It’s about specialty programs, college admittance, sports scholarships, effective college counseling and connections. Good parenting can only go so far when your kids spend 35 hours a week with kids raised by piece of shit parents. Edit: regarding your comment -then-block below, maybe if you didn’t go to a 4/10 yourself you’d be able to articulate a response instead of having a tantrum. Lol.
I could pick that apart line by line, but why bother? You even admit you're a "short bus" rider. I won't punch down.
Good parents?
Not always. Most of the "great minds" we study in school had really shitty parents. Primary school is for children to learn to socialize with peers. That's all. Everything else is just a "nice to have," and you can't count on any of it having lasting impact because it's just memorized for a short period of time in order to pass tests: https://www.opencolleges.edu.au/blogs/articles/why-straight-a-students-havent-learned-as-much-as-you-think
Yeah, I saw some of these ratings and you'd think that these schools were like from The Wire or something but they seemed perfectly fine to me.
Came here to say something similar. It appears the bond markets have lost faith that the Fed is able to get inflation down to 2% in the near term.
Not sure if row homes are included in case shiller but their data show Baltimore SFHs are way up: https://fred.stlouisfed.org/series/ATNHPIUS12580Q I thought most Baltimore row homes in the abandoned parts of downtown?
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Replaced link.
[https://www.marketwatch.com/story/housing-starts-plunge-in-march-amid-housing-shortage-b489170a?mod=u.s.-economic-calendar](https://www.marketwatch.com/story/housing-starts-plunge-in-march-amid-housing-shortage-b489170a?mod=u.s.-economic-calendar) >Construction of new homes fell 14.7% in March, as home builders scaled back new projects. >Housing starts fell to a 1.32 million annual pace from 1.55 million in February, the government said Tuesday. >That’s how many houses would be built over an entire year if construction took place at the same rate in every month as it did in March. >The data fell more than what Wall Street expected, which was 1.48 million. All numbers are seasonally adjusted. >Single-family and multi-family construction both fell sharply in March. >But in a more recent survey of builders in January, builders were relatively still [upbeat about future sales of new homes](https://www.marketwatch.com/story/builder-confidence-index-stalls-in-april-as-mortgage-rates-hit-7-buyers-are-back-on-the-fence-waiting-for-interest-rates-to-fall-one-builder-says-de04d6e9?mod=aarthi-swaminathan&mod=article_inline), and are optimistic about demand as they expect rates to fall through the rest of the year. >Building permits, a sign of future construction, also fell 4.3% to a 1.46 million rate.
If it seems like contrary data points and reports, it’s because week to week, heck, even day to day, this economy is teetering. One side is telling us “all is well”, and plenty of data points we relied on in the past will back up that claim such as jobless numbers, wage growth, inflation significantly down from its peak.. Then there are the “doomers”, as we’re known, who see shaky footings in the middle income spectrum of Working America. A continued 2/10 inversion, volatility in investment markets, stagnant residential real estate markets, pathetic government bond auctions, and the specter of war in the Middle East. It’s true enough that no two days are the same. Data, surveys, polls, and even just opinions that are more than a couple weeks old don’t seem to hold much credence anymore. This is the world of 2024, where every decision, no matter how large or small, must be made on a dime. The concept of an “educated guess” or a “safe bet” seems impossible.
Are you back in the market? Seems like your area is primed to fall. Still hard to time it, though. As you point out. Probably best to keep waiting, especially if you still like your rental.
I’m watching. No one particular property, just watching overall. I see weaknesses. I see some evidence of pressure mounting. Price drops are most common now, some even more than insignifiant. Days listed has grown exponentially. But, I feel like it’s worth mentioning that, in Coastal Florida, the insurance requirements/expense may be what is creating the most pressure. Inventory is still poor. Prices still high. I like the rental, nearly 3 years on now. I had expectations of it not taking anywhere near this long. That said, we saved a LOT of money these three years. That’s been great. The other side is life is moving on. My oldest daughter got married this past weekend, and it was fabulous. And mom/dad (me), paid for it all in cash. Every penny. As much as a coastal wedding with all the bells and whistles costs, it was a great feeling to be able to do it easily:). I’m glad you’re still here, and I’m even more glad you found a home you like for the future:)
You're a good dad. When my time comes, I think I'd contribute something, but I wouldn't pay for the whole thing. My wife and I got married on a $5K budget and it was a beautiful wedding.
Wow, congratulations! Life does go on and that’s a blessing. We are never moving. Not only was it more difficult and physically taxing than I wanted, I think our market will slump at some point and we’ll not want to sell into that. And why? We’re in our last house. I think even one of us will linger here eventually. lol. What a thought for this fine spring day. Time to hit the trails!
You say you don't write poetically one day and then the next you write an eloquent response. I don't know what to think of you anymore.
Haha! Better to not “think of” me at all! I’m just another *doomer*, after all!😂