edyvw
$50 site donor 2025
Of course, they can stay. It is supply and demand and some regions have higher demand than others. It was always like that.
Electric grid and price of home electric?
- Thread starter Fordiesel69
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Everyone moves to, "increase their quality of life". Who moves to make themselves miserable? They are getting sucked into a suckers market. Because they think it is never going to go down. Remember what they said in 2008? "Real estate never goes down in value, because they're not making any more of it".
Those are the same people who are living in apartments now.
As I mentioned, we bought our house less than 3 years ago, for less than half of what they say it's worth now. There is no way I would pay what I could currently list it for. I like my "quality of life" now... But not for 100% more in less than 36 months. I would have to be an idiot.
These prices are not going to sustain themselves, because there has been no increase in actual value. If overall inflation hits 100% in just 36 months, like it has in some areas of the housing market, and at the gas pumps, we're well on our way to becoming the Weimar Republic.
Ok, that's just silly
That said, the Lightyear: https://www.motortrend.com/news/2023-lightyear-one-first-look-review/
manages to integrate 54 square feet of solar on that car (it's 16 feet long), but also takes the drag coefficient down 0.20 (crazy). The combined package claims to manage 252 mpg-e. That's over twice our EV's efficiency. It's not a bad looking car either IMHO.
I guess I am an idiot. I bought our 1,200 sq ft fixer-upper home for what I could have gotten a huge house for in a neighboring area.
I thought I paid too much; making the payment was a stretch. It took everything I owned. I drove a strippie Toyletta PU.
My agent told me, if this home is at all in the budget, buy it. I was thinking long term.
Guess what my home is worth now? Idiot's dumb luck, I recon...
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edyvw
$50 site donor 2025
You are projecting.
I personally don’t know anyone that is here to make money if the real estate. My friends who put $930k on a house and guy bid them out for 1.3mil just purchased house for $840k in Castle Rock, between Colorado Springs and Denver. They are not going anywhere. They moved from LA, he kept same job fir same company in LA. That is mostly story here. Pandemic changed economy and Dillon, CO is much more pleasant than LA, NYC, Dallas etc. That of course creates other problems as Vail Resorts found out this year (and they are part of the problem). But, we live in economy that is not only strong but is dramatically changing.
And yes, for the price I paid for this house where I live I could live in mansion in Alabama, where I lived 8 years. But, it is Alabama.
OVERKILL
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The angle and surface area simply isn't there to make it cost effective. Even if there is a niche case where somebody drives a wickedly short distance and the vehicle spends most of the time sitting outside, that doesn't make a case for it being cost effective, or practical, overall. Most people have rather varied driving routines where the amount of range added via solar is going to be so minute that it would be pointless.
A modern society needs access to reliable, abundant and inexpensive electricity, particularly if we are going to reduce fossil fuel usage. Unfortunately, in most locations what that looks like has been heavily perverted by tax credits, feed-in tariffs and REC's. Then people wonder why the cost of electricity goes up.
Yes, oil companies have been able to pollute with impunity, but so have the mining companies in various 3rd world nations and China to produce the components for wind turbines and solar panels. This is a systemic problem not just isolated to the oil industry, though it is is arguably, at present, the biggest offender due to its ubiquity.
edyvw
$50 site donor 2025
I grew up in the city with 5 coal mines and steal mill that had 22,000 employees. When people say that “good ole” coal jobs are being killed, I know they never met coal miner.
OVERKILL
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Amusingly, skyrocketing coal imports in Europe due to sanctions on Russian gas are increasing coal costs significantly in Australia, where it is still the dominant source of power generation.
edyvw
$50 site donor 2025
Yeah. And countries in Europe that were told to shut them down got a pass now.
But, as someone who grew up in the city that could not be visible from air in the winter due to inversions that kept smog lingering, I have never met anyone saying: I truly hope my children will do the same job.
Coal will stay relevant for decade. Putin bought some life to coal manufacturers. But that garbage needs to be eliminated ASAP.
Your not an idiot. You didn't overpay. Anymore than I did. When you overbid against the guy standing next to you, and drive up the price by $300K in the process, you're not adding to the value of the property. Certainly not long term.
Ok, that's just silly
It's a science experiment. But at today's gas prices, I could see people doing it if they have lots of parking at work.
I appreciate the kind words. Not sure I concur... Ha!
edyvw
$50 site donor 2025
Actually, you are adding it long term. Depending what is the goal. Maybe guy wanted to flip, maybe he wants to stay there. Who knows.
How did you come to the conclusion that there will be a big hike for SS recipients in January? We just got a pretty big boost this past January.
The pandemic affected me not at all. Fortunately, I have zero debt, my living expenses are low, and I was actually able to increase my savings somewhat, maybe due to saving $$$ by not going out to dinners and cutting back on other entertainment (movies, theater, some travel). All of my close friends and immediate family are/were in similar circumstances.
Fox Business has had several people who have mentioned it. And there was an article in the Wall Street Journal that said much the same. And with inflation coming close to 11% per year, you can all but bet on it. (Personally I think it will be bigger than the 8.9% Money.com is reporting).
They're holding off to broaden the positive impact of the announcement, until right before the midterms, (October). Purely political, but what coming from the government isn't these days?
https://money.com/social-security-b...inistration will,take effect in January 2023.
Car shelters with panels make a lot of sense..consider all those acres of real estate covered in paved parking spots. So your trailer waits for you at work
The Lightyear car uses very efficient panels integrated into the roof/hood, so combined with the other efficiencies, gaining 12km of range/hour just based on parking in a sunny driveway is exceptional. I’d have to charge at 120V, 12 amps to equal that. For our use case (excluding winter) we would never have to plug it in to charge.
The point here is that EV tech is moving quickly and there is a lot of room yet for efficiencies gains. Consider that the lightyear car is ~100% more efficient than a typical Model 3.
I have a hoist in my garage and have worked on my own ICE cars, several restorations (including some racing) etc for nearly 40 years. I don’t dislike ICE technology….I just think it’s stupid when compared to EV tech given the vastly improved mechanical simplicity.
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If you don't have your house paid off for retirement then it is REALLY POOR PLANNING.
Some people move to keep a job, even though their quality of life goes down in the process.
This^^^^
There are plenty of people who make a lateral move to a higher cost of living city.
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