Record Black Friday spending despite Fox News telling everyone the economy is terrible

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manly

Lifer
Jan 25, 2000
11,337
2,355
136
do you have any hard data?


i want to say news outlets have been pushing "OMG the economy" for at least two years now. either due to spending, or somehow low unemployment being a bad thing. HTF is that bad? people have jobs. 0% unemployment would be fan-fucking-TASTIC! (oh no, employers have to compete for workers. the fucking horror of capitalism at work!)

the only thing more outrageous than a $16 big mac meal is that the guy purchased it and THEN bitched about it. the pricing is up front. nothing is obligating you to buy a big mac meal. if you don't want to pay $16, then don't buy it. but by spending that money, you're saying you're ok with that price.

and given the huge amounts of money spent by americans this black friday - whether in cash or in debt - we're all ok with spending it, by and large. which means there's a positive outlook on economic prospects. i bet christmas spending will be up, too.
One thing worse than the $16 McDonald's combo or the $28 Taco Bell lunch is conservative columnist David Brooks claiming his mediocre burger and fries at an airport restaurant cost a whopping $78. (The devil is in the details, or the devil is the lying sack of shit I guess.)

 

uclaLabrat

Diamond Member
Aug 2, 2007
5,578
2,912
136
Those of you that think Biden is responsible for high gas prices.

Currently gas prices/gal in

Texas 2.75
California 4.92

State gas taxes

Texas .20
California .67

Tell me again how oil companies are not profiteering.
Yeah, ive been bitching about this for years. Back in 07 when oil surged to $140/barrel gas prices in Ca were around $4.50-4.70. Oil has been under $80 i believe since the pandemic and our gas prices havent been below $5 in years. They hit over $6 in some spots at peak and are only now coming under $5. The gap between oil prices and gas price has been pure market manipulation by the gas cos
 
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Zorba

Lifer
Oct 22, 1999
14,875
10,300
136
Assuming this map is accurate the overwhelming majority of OKC is zoned single family only. In addition, areas outside of high cost metro areas saw their prices substantially increase during/after the pandemic as remote work let people move to cheaper markets.



I don't believe in no regulation on housing, I just don't believe in any regulation on housing density as our current restrictions have caused a humanitarian catastrophe. Regulations are sometimes good, and sometimes bad. This goes for health care as well - some health care regulations are good, and some are bad. There are in fact plenty of health care regulations I would scrap or revise to make compliance easier, but there are also plenty I think are good! The problem with land use regulation is we are so massively, massively over-regulated. I think a good analogy would be that people like the personal touch of a small town doctor so the government decided to ban all healthcare facilities other than single doctor ones. That would be bad!

Regardless, I'm still confused as to what theory of action there is where increased density would lead to increased car usage. The denser an area, the less attractive car use is due to closeness of amenities and inconvenience of traffic, and the more attractive mass transit is due to reaching the population densities necessary to support it.

As I have said many times I oppose regulation on housing except those related to safety. All regulations on density should be abolished though, yes. In addition, all parking minimums should be abolished.
You don't understand how putting a large complex away from any other density, away from public transit, or any other non-car infrastructure would drive up dependency on cars? There needs to be a fair amount of consistent density to make public transit feasible, you don't get that with small pockets of density surrounded by single family homes and rural areas. You get it by developing planned dense areas that are developed along side non-car infrastructure.

OKC being mostly zoned single family does not explain why housing prices have skyrocketed with basically no restrictions on development. Large areas are also zoned multifamily, that are currently empty or still have SFH on them. Multifamily developments are approved when they come up, including rezoning. Again 2/3 of OKC is still considered rural land, developers could double the supply of new homes over night, but they aren't, so maybe killing all restrictions isn't the only answer to increasing supply.

Again, I'm not debating zoning needs to be overhauled. I just think there's a big gulf between "you can't build on that historical parking lot" to "build whatever you want, wherever you, regardless of how it fits the infrastructure. Absolutely no attempting to have any type of community plan or ascetics."
 

Zorba

Lifer
Oct 22, 1999
14,875
10,300
136
Condo owners that don't use their spaces would be the most likely source in this location but you're probably talking $100-200/mo depending on the space (outside vs inside etc). The building also has a huge secure bike room.
This is a good way to do it. Get rid of street parking, and then if you build a complex with no parking it's clear people will have to find paid parking elsewhere that isn't just in the surrounding streets.

Secure bike storage needs to be massively increased, as well.

Neighborhood streets should be more narrow to save costs and encourage slower driving.
 

HomerJS

Lifer
Feb 6, 2002
36,282
28,141
136
Yeah, ive been bitching about this for years. Back in 07 when oil surged to $140/barrel gas prices in Ca were around $4.50-4.70. Oil has been under $80 i believe since the pandemic and our gas prices havent been below $5 in years. They hit over $6 in some spots at peak and are only now coming under $5. The gap between oil prices and gas price has been pure market manipulation by the gas cos
Right now oil is $78/barrel and California gas is $4.92. I did some checking and oil prices peaked $147/barrel July 2008. Price of gas in CA July 2008 was around $4.70.

Tell me again the oil companies aren't profiteering???

Don't listen to right wingers tell you otherwise. The information is out there for everyone. Don't get it from CNN or Fox News.
 

Roger Wilco

Diamond Member
Mar 20, 2017
3,945
5,822
136
I would love to not own a car. A car is now just a financial liability that continually depreciates. The local car repair shops around here are thieves and evidentially not enough of them, because it takes longer to get an appointment for repair than a doctor's appointment. Sorry, rant over.

It’s also ludicrously dangerous. We lose 45,000 Americans every year to car accidents, with many more injured and/or permanently disabled.
 

esquared

Forum Director & Omnipotent Overlord
Forum Director
Oct 8, 2000
23,783
4,965
146
ight now oil is $78/barrel and California gas is $4.92. I did some checking and oil prices peaked $147/barrel July 2008. Price of gas in CA July 2008 was around $4.70.

Tell me again the oil companies aren't profiteering???

Don't listen to right wingers tell you otherwise. The information is out there for everyone. Don't get it from CNN or Fox News.

I lived through that mess and I remember saying to myself that I was spending more money on gas, commuting than I was on my truck payment.

Cheaper gas in my area is now about 4.30/gal which is pre-pandemic levels, while Chevron and brand names are about .70/gal more at 5.00/gal.

Homer is absolutely correct, in California, oil companies are getting their 4-5/ gal gas by only paying 80/ barrel as opposed to 147/barrel 15 years ago.
Oil companies love the California market.
 
Reactions: uclaLabrat

Ajay

Lifer
Jan 8, 2001
16,094
8,106
136
I would love to not own a car. A car is now just a financial liability that continually depreciates. The local car repair shops around here are thieves and evidently not enough of them, because it takes longer to get an appointment for repair than a doctor's appointment. Sorry, rant over.
I've used a great auto shop for the past, uh, 27 years. Prices have gone up, but I don't think I'm being gouged. I also can usually get an appointment in 3-4 days, unless I need a Saturday appt. What does scare me is that I need to take our Honda to a Honda dealership at the recommendation of our service advisor (weird engine sound). I'm concerned that I am going to be truly and properly fleeced.
 

NWRMidnight

Platinum Member
Jun 18, 2001
2,974
2,578
136
A 2 bath 1200 sq ft apartment is going to cost more than a 1 bath 1200 sq ft apartment.

It's "baked in".
We are talking about the minumum required by law single bathroom. Additional bathrooms beyond that are of course going to increase rent. But that single bathroom that is required by law does not influence the rent at all. it's not baked it.. the belief that the minimum single bathroom, required by law is baked to the rent, is puprosturous.
 
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NWRMidnight

Platinum Member
Jun 18, 2001
2,974
2,578
136
If consumers value parking commensurately with its cost then a developer who includes parking as part of their building will have a competitive advantage over other buildings and will be able to charge more and make more profit.

What I think the reality is, is people are so used to free street parking provided to them at others’ expense they have no idea how much this actually costs in cities and are outraged when confronted with it.

Basically we spoiled car owners for years with big government subsidies and they don’t want to lose them. Even worse, they don’t seem to even realize they are receiving them. I mean think how crazy it is to demand any new housing construction include parking at new residents’ expense just so old residents can continue to enjoy their government handouts.
We are not talking about capitalism here.. we are talking about basic needs of society.. Parking is a basic need for the majority unless they have easy access to public transporation. Do you see, or want every city in the US being like New York city, which has the highest population density of any city in the US which is 29,302 people per sqauare mile? There are pros and cons of high population density, but health wise, quality of life wise, and many other social inpacts, high population density is not good. that's why building regulations is needed to balance population density with transportation infrastructure, police and fire coverage, and basic health and welfare needs of a society just to name a few areas, that having no regulations, would severely impact, resulting in severe insufficiencies.
 
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fskimospy

Elite Member
Mar 10, 2006
84,775
49,434
136
We are not talking about capitalism here.. we are talking about basic needs of society.. Parking is a basic need for the majority unless they have easy access to public transporation. Do you see, or want every city in the US being like New York city, which has the highest population density of any city in the US which is 29,302 people per sqauare mile? There are pros and cons of high population density, but health wise, quality of life wise, and many other social inpacts, high population density is not good.
Ok great, then increase taxes to create publicly funded parking garages.
 

fskimospy

Elite Member
Mar 10, 2006
84,775
49,434
136
We are talking about the minumum required by law single bathroom. Additional bathrooms beyond that are of course going to increase rent. But that single bathroom that is required by law does not influence the rent at all. it's not baked it.. the belief that the minimum single bathroom, required by law is baked to the rent, is puprosturous.
It is undeniably true.

Like how do you think something that increases the cost of construction does not increase the rent?
 
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Zorba

Lifer
Oct 22, 1999
14,875
10,300
136
You don't understand how putting a large complex away from any other density, away from public transit, or any other non-car infrastructure would drive up dependency on cars? There needs to be a fair amount of consistent density to make public transit feasible, you don't get that with small pockets of density surrounded by single family homes and rural areas. You get it by developing planned dense areas that are developed along side non-car infrastructure.

OKC being mostly zoned single family does not explain why housing prices have skyrocketed with basically no restrictions on development. Large areas are also zoned multifamily, that are currently empty or still have SFH on them. Multifamily developments are approved when they come up, including rezoning. Again 2/3 of OKC is still considered rural land, developers could double the supply of new homes over night, but they aren't, so maybe killing all restrictions isn't the only answer to increasing supply.

Again, I'm not debating zoning needs to be overhauled. I just think there's a big gulf between "you can't build on that historical parking lot" to "build whatever you want, wherever you, regardless of how it fits the infrastructure. Absolutely no attempting to have any type of community plan or ascetics."
Just as an example, this wedge was rezoned to a PUD. The PUD is high density residential, with some commercial and office space. Got approved even though they bull dozed houses to do it. Obviously this wedge isn't going to single handedly change housing supply, but it shows OKC isn't restricting development, yet prices have still skyrocketed.

 

NWRMidnight

Platinum Member
Jun 18, 2001
2,974
2,578
136
Ok great, then increase taxes to create publicly funded parking garages.
Wait, now you believe taxes pay for parking, which should be increased to pay for parking garages? Your solution is to add more tax burden to society which is already severely burdened already? Of course, we already have public funded parking garages, but they are not built for residential parking, they are built for commerical busineses, employee, and customer parking. Not only do we, the tax payers, foot the bill for those parking garages.. we get the luxury of paying to use them too to patrenize the businessess that we paid via taxes to be built for.

It is undeniably true.

Like how do you think something that increases the cost of construction does not increase the rent?
It's only undeniably true in your head. To "bake" something into the price, it has to be something that is controllable, having the ablity to reduce it, or remove it all together.

I already covered structure costs. Your claim is that landlord do charge more for bathrooms, it's "baked" into the price. That claim goes beyond standard, required construction or production costs. Your argument is as puprosturious as arguing, that car rental agencies, bake the windshieldr, into the rental price of the car. That is a fucking horseshit argument, as the windshield is a standard part of every car. Just as your horseshit argument about landlords charging more to have a bathroom in residential housing they rent. Just like a windshield of a car, a bathroom is a standard part of the residential housing. Landlords do not charge extra for a bathroom or bake it into the rental price.
 
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MrSquished

Lifer
Jan 14, 2013
21,912
20,202
136
Wait, now you believe taxes pay for parking, which should be increased to pay for parking garages? Your solution is to add more tax burden to society which is already severely burdened already? Of course, we already have public funded parking garages, but they are not built for residential parking, they are built for commerical busineses, employee, and customer parking. Not only do we, the tax payers, foot the bill for those parking garages.. we get the luxury of paying to use them too to patrenize the businessess that we paid via taxes to be built for.


It's only undeniably true in your head. To "bake" something into the price, it has to be something that is controllable, having the ablity to reduce it, or remove it all together.

I already covered structure costs. Your claim is that landlord do charge more for bathrooms, it's "baked" into the price. That claim goes beyond standard, required construction or production costs. Your argument is as puprosturious as arguing that car rental agencies, bake into the rental price for the windshield of a car. That is a fucking horseshit argument, as the windshield is a standard part of the car. Just as your horseshit argument about landlords charging more to have a bathroom in residential housing they rent. Just like a windshield of a car, a bathroom is a standard part of the residential housing. Landlords do not charge extra for a bathroom.

That is correct. You do not pay extra for a single bathroom, it's an understood part of the overall package. It's only when you start adding in more bathrooms does that help raise the price.
 

fskimospy

Elite Member
Mar 10, 2006
84,775
49,434
136
Wait, now you believe taxes pay for parking, which should be increased to pay for parking garages? Your solution is to add more tax burden to society which is already severely burdened already? Of course, we already have public funded parking garages, but they are not built for residential parking, they are built for commerical busineses, employee, and customer parking. Not only do we, the tax payers, foot the bill for those parking garages.. we get the luxury of paying to use them too to patrenize the businessess that we paid via taxes to be built for.
What on earth are you talking about.

My point is very simple - the people using the parking should pay for the parking.
It's only undeniably true in your head. To "bake" something into the price, it has to be something that is controllable, having the ablity to reduce it, or remove it all together.

I already covered structure costs. Your claim is that landlord do charge more for bathrooms, it's "baked" into the price. That claim goes beyond standard, required construction or production costs. Your argument is as puprosturious as arguing that car rental agencies, bake into the rental price for the windshield of a car. That is a fucking horseshit argument, as the windshield is a standard part of the car. Just as your horseshit argument about landlords charging more to have a bathroom in residential housing they rent. Just like a windshield of a car, a bathroom is a standard part of the residential housing. Landlords do not charge extra for a bathroom or bake it into the rental price.
Yes, the windshield for a car is baked into the price. How do you not understand this.

Bathrooms cost money to construct. Therefore the cost of the bathroom is part of the rent or price charged.
 
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NWRMidnight

Platinum Member
Jun 18, 2001
2,974
2,578
136
That is correct. You do not pay extra for a single bathroom, it's an understood part of the overall package. It's only when you start adding in more bathrooms does that help raise the price.
Exactly, but he is arguing that the price for that first bathroom is "baked" into the rental price.. it's a puprosturous argument.
 

MrSquished

Lifer
Jan 14, 2013
21,912
20,202
136
Exactly, but he is arguing that the price for that first bathroom is "baked" into the rental price.. it's a puprosturous argument.

Yes try to rent out an apartment with no bathroom.

I mean of course a car has to come with four wheels too.
 

fskimospy

Elite Member
Mar 10, 2006
84,775
49,434
136
Exactly, but he is arguing that the price for that first bathroom is "baked" into the rental price.. it's a puprosturous argument.
I genuinely do not understand how you think bathrooms cost no money to make. If they cost $1 or more their cost is baked into the price.
 

ch33zw1z

Lifer
Nov 4, 2004
37,990
18,337
146
What a weird turn here. It seems to me that a bathroom would indeed be “baked” aka accounted for in the rental price.

Try renting it out without a bathroom and see how much it would go for. And the bathroom details could certainly cause the price to go up or down.
 

fskimospy

Elite Member
Mar 10, 2006
84,775
49,434
136
I feel like people here do not understand how money works. Yes, all apartments are required to have bathrooms. This is not a bad thing but it inherently makes them more expensive, and therefore the bathroom is part of the price you pay.

I feel like I’m taking crazy pills.
 

NWRMidnight

Platinum Member
Jun 18, 2001
2,974
2,578
136
What on earth are you talking about.

My point is very simple - the people using the parking should pay for the parking.

Yes, the windshield for a car is baked into the price. How do you not understand this.
What am I talking about? Road side parking is where this discussion started.. And I said people already pay for it via taxes.. and you went on a tangent trying to argue that taxes don't pay the $300 - $700 a month that people have to pay to have those parking spots, which is what lead us down this rabbit hole. Why should they have to pay for road side parking that they already paid for thru their taxes?

I genuinely do not understand how you think bathrooms cost no money to make. If they cost $1 or more their cost is baked into the price.

Who said they don't cost money to make? you are now manipulating and trying to change the context of what you said. Your exact words in bold:

Yes, every residence pays a fee for bathrooms and a kitchen. It’s baked into the rent.

This really shows why America faces a housing crisis. I bet you don’t consider yourself a NIMBY but you are doing most of their work for them.

You can stop with your bulshit now!
 

NWRMidnight

Platinum Member
Jun 18, 2001
2,974
2,578
136
I feel like people here do not understand how money works. Yes, all apartments are required to have bathrooms. This is not a bad thing but it inherently makes them more expensive, and therefore the bathroom is part of the price you pay.

I feel like I’m taking crazy pills.
I think you need to stop acting all high and mighty and stop manipulating and changing context of what you say.. There is not fucking fee for a bathroom or kitchen in a rental. If it wasn't on purpose, you might want to learn to chose your words better.
 

MrSquished

Lifer
Jan 14, 2013
21,912
20,202
136
I feel like people here do not understand how money works. Yes, all apartments are required to have bathrooms. This is not a bad thing but it inherently makes them more expensive, and therefore the bathroom is part of the price you pay.

I feel like I’m taking crazy pills.

Your problem is you are trying to compare a bathroom to a parking spot.

A parking spot is an amenity, it's a bit different than an absolutely must have with any single rental property in the country, a single bathroom.

You are trying to bake them into the same pie. Well you are wrong.
 

fskimospy

Elite Member
Mar 10, 2006
84,775
49,434
136
What am I talking about? Road side parking is where this discussion started.. And I said people already pay for it via taxes.. and you went on a tangent trying to argue that taxes don't pay the $300 - $700 a month that people have to pay to have those parking spots, which is what lead us down this rabbit hole. Why should they have to pay for road side parking that they already paid for thru their taxes?
Right - so they are not paying even remotely the real cost. Thats why they should pay.
Who said they don't cost money to make? you are now manipulating and trying to change the context of what you said. Your exact words in bold:



You can stop with your bulshit now!
Great. So we agree they are baked into the price.
 
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