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GCrites

Burj Khalifa 2,722'
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Everything posted by GCrites

  1. GCrites replied to gottaplan's post in a topic in Ohio Business and Economy
    Bossing people around is the worst part and least important part of being management. I try to avoid it at all cost. It makes me feel stupid -- like I've done something wrong rather than them.
  2. Budd Dairy Food Hall is quite close to Fox in the Snow.
  3. The recession that is predicted for later this year, if it even happens, is going to be so weak that its just going to be a "relative recession" that is in response to the warpdrive economy of 2021.
  4. In fact, by the time the loan is paid off the borrower is still paying the pre-price cut amount for the house due to the increased amount of interest they pay. This doesn't happen perfectly on each transaction but on the market in the aggregate.
  5. They don't have the vocabulary that real estate, economics and secondary market people do. So everything is "soaring", "tanking" or a "bubble". They don't know "cooling" or "easing". I remember in game collecting during the early 2010s tons of people were already saying "when is the bubble going to burst?" The median game price on most retro systems would reach nearly five times the 2010 price by the time the "bubble burst" in 2017. At that time the games only went down about 10-20% in value from their all-time highs in 2016. You could not get rid of the stuff though. Prices were too sticky. It sold just enough to keep prices stable. All that bubble talk in the early 2010s was met with mockery by experienced collectors even then. Back to housing though, the fundamentals are completely different than 2008 and if people are somehow seeing similarities they don't know what they are doing. Unlike tech, real estate is built on fundamentals.
  6. With as much power the automakers have over Washington they can hem and haw over the CHIPS act for a while but at the end of the day the politicians almost always do what the automakers want. Way too many trucks sitting at Kentucky Speedway awaiting chips and auto industry influence over McConnell himself since automotive is Kentucky's most important industry by far. Car lots are 20% full still and entire model lines are stalled just so that some of their do-or-die pickup trucks get into Boomer hands. Don't piss off a Boomer by denying them their F-150s!
  7. Imagine talking to someone from like 1995 and they're asking you "Oh so in the future do people still play tennis to relax and get some exercise?" And you say, "People are more into cornhole and pickleball now" They're just like "Yuck, whatever those are no thanks"
  8. I wonder if this was built as an Elby's or a Shoney's.
  9. A Smashburger closed? I thought those did well.
  10. GCrites replied to MCC's post in a topic in City Photos - USA/World
    ALL Big Mac bridges!
  11. Please OSU-USC every year. Fire up the hate train!
  12. I know Capital students are having difficulty finding rentals, with some having to spill over to housing that typically rented to OSU or CCAD students in the past. This may ease once double-occupancy bedrooms return to the dorms after COVID.
  13. The good news is that the 2022 rates are significantly lower than 2021 assuming the same methodology was used for both (i.e. boundaries).
  14. The Scioto along Riverside is really spectacular in some spots yet it seems like only true boat people care.
  15. I wonder why they left off Baltimore. It would have been #2 at 0.65.
  16. I hope Quarry Trails gets a BMX track. The old BMX track at Heer Park -- which was there for many years -- got bulldozed along with the rest of Heer Park last year. The park was mostly just the BMX track along with a few playground features.
  17. It is certainly true that CVS is so opposed to being landlords that they avoid mixed use and owning property.
  18. That's the same logic of "It doesn't matter what Elon Musk does because electric cars are good for the environment."
  19. ^CVS has actually been a problem for a while, despite the usefulness of their locations to city folk. How to Get a CVS That Doesn’t Suck That standardization makes them money, at least on the front end. But more communities are demanding something better than the anywhere 13,000 square foot box inside an asphalt donut. https://nextstl.com/2012/07/how-to-get-a-cvs-that-doesn-t-suck/
  20. That deannex threat was a nuclear option for sure!
  21. If that were true than the rural areas wouldn't have such depressed values and the most expensive living arrangement would be in an unfinished subdivision with only one or two finished houses and the rest empty lots.
  22. "Decreased property values" again? Houses in Driving Park that were $70K only five years ago are $250k now.
  23. GCrites replied to StuFoote's post in a topic in Mass Transit
    ^Columbus is already like this. Jobs got moved out of Downtown to Dublin-Worthington-Westerville-Polaris-Easton (all up north) leaving the rest of town far away from good-paying jobs and retail. If you don't live in the Cool Crescent all you get is supermarkets and big-box stores full of basic essentials. If the household income of the area isn't above $100k you have to go to Kroger for everything. If the household income is below $50k you don't even get that. About half of the square mileage of the built-up areas is like this. No malls, few specialty shops, services all located in the supermarket like pharmacies, coffee shops, liquor stores, banks and nail salons rather than in easy-access standalone locations. If you don't want to have to go to Kroger for everything it is an immediate bump of at least $100K in home value. It was a post-2008 decision for retailers and restaurants to not expand into areas with incomes below $80-100K.
  24. Colo, people, not Colu Probably your phones doing it but still