Own rental property? Your thoughts on how this could impact you:
- Thread starter sgip
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NEW -> Contingent Buyer Assistance Program
Rail is available in Santa Monica (Expo Line), East LA (Gold line), Downtown LA (Union Station), SFV (MetroLink). An expansion of Green line to Torrance and new light rail line in East SFV is currently in progress.
I commute by train to work and the biggest issue is reliability with semi frequent delays and breakdowns. Occasionally we get jumpers who commit suicide by jumping in front of the train, which cause 3 hour delays for the cleanup. If there's a crazy person on the train you're also stuck.
IMO the preferred commute by train is Amtrack, because their trains have the best comfy seats, snacks/drinks, nicer passengers, and least breakdowns. If you're purposely choosing to live near a train station, scout the stations ahead for amenities, shuttles, and parking.
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I would LOVE to have trains and high speed rails like Asia that basically makes transportation cheap, affordable, and time saving. But with the auto industry being such an integral part of the American economy, it will never happen.
It's easy to say "I want a car and the freedom to drive wherever I want whenever I want". That is fine and that is why there exists car rental companies. I wish I didn't need to own a car to be quite frank. Paying thousands of dollars on a depreciating asset and needing to spend thousands more in repairs is a complete waste of money to me. Not even including the hours of time in traffic that I can never get back.
I remember there was an analysis to show how much college tuition has increased throughout the years. It explained that if cars were to increase their prices at the rate that universities increase their tuition, the average cost of a car would be roughly $70,000. I'm not sure how many people would be able to afford a car if each car was 70k.
Last time I remember, when we hired a receptionist she did not have a college degree.
I think it is the individual?s fault if she graduated from a private university and became a receptionist.
In regards to tuition increase at private universities. If people do not go there and went to public universities instead. The private university would either increase the fees or cut the fees. If that pattern continues they would have to shut down. (I think there was a private grad school that closed down due to accreditation and/or declining students.)
Colleges can increase tuition at will because of college loans are guaranteed by the government. If that guarantee went away would a bank let an English major borrow $200k to graduate from an Ivy League school? Probably not. Banks would then only lend out on the ability to pay it back like they do with all other loans.
To me it?s that simple. Get rid of the loan guarantee and market will get college costs in line.
UCLA admitted just 13,432 of the 108,831 freshman applicants who sought admission into the Class of 2023
UCSB did slightly poorer with only 105K applicants.
CSUF is a relative walk in the park with a 60% admission rate and only 1 in 5 opting to enroll.
USC, the private school, admitted 8804 of the 70,971 applicants.
None of which tells the real story. USC for Fall 20/21 had 59,712 applicants. 9618 Admits.
3460 Enrolled.
59,712 people chasing 3460 seats.
UCLA is much the same, that 108k applicants are chasing 6387 seats.
CSUF enrolled 5400 of the 45000 applicants in Fall 2020 and 4700 of the 50,000 applicants in Fall 2019.
Everybody knows what happens to housing when there is ten offers for every house.
sleepy5136
Well-known member
momopi said:
Rail is available in Santa Monica (Expo Line), East LA (Gold line), Downtown LA (Union Station), SFV (MetroLink). An expansion of Green line to Torrance and new light rail line in East SFV is currently in progress.
I commute by train to work and the biggest issue is reliability with semi frequent delays and breakdowns. Occasionally we get jumpers who commit suicide by jumping in front of the train, which cause 3 hour delays for the cleanup. If there's a crazy person on the train you're also stuck.
IMO the preferred commute by train is Amtrack, because their trains have the best comfy seats, snacks/drinks, nicer passengers, and least breakdowns. If you're purposely choosing to live near a train station, scout the stations ahead for amenities, shuttles, and parking.
[/quote]
I would LOVE to have trains and high speed rails like Asia that basically makes transportation cheap, affordable, and time saving. But with the auto industry being such an integral part of the American economy, it will never happen.
It's easy to say "I want a car and the freedom to drive wherever I want whenever I want". That is fine and that is why there exists car rental companies. I wish I didn't need to own a car to be quite frank. Paying thousands of dollars on a depreciating asset and needing to spend thousands more in repairs is a complete waste of money to me. Not even including the hours of time in traffic that I can never get back.
sleepy5136
Well-known member
You can blame the individual. But did you ever see a job posting for a decent job that does not require a college degree? A front desk receptionist requires one. Because of this, the demand for college has increased and the supply is limited. Therefore, universities have taken advantage of this and have the entire leverage to increase tuition as much as they see fit.eyephone said:
I remember there was an analysis to show how much college tuition has increased throughout the years. It explained that if cars were to increase their prices at the rate that universities increase their tuition, the average cost of a car would be roughly $70,000. I'm not sure how many people would be able to afford a car if each car was 70k.
nosuchreality
Well-known member
https://nces.ed.gov/fastfacts/display.asp?id=76
That is less than half the story though. May God have mercy on your wallet if your kid gets into Berkeley and can?t get campus housing. Off campus student housing makes the Bay Area housing crunch look like a cake walk from the anecdotes I?ve gotten from parents of kids there.
That is less than half the story though. May God have mercy on your wallet if your kid gets into Berkeley and can?t get campus housing. Off campus student housing makes the Bay Area housing crunch look like a cake walk from the anecdotes I?ve gotten from parents of kids there.
sleepy5136 said:
Last time I remember, when we hired a receptionist she did not have a college degree.
I think it is the individual?s fault if she graduated from a private university and became a receptionist.
In regards to tuition increase at private universities. If people do not go there and went to public universities instead. The private university would either increase the fees or cut the fees. If that pattern continues they would have to shut down. (I think there was a private grad school that closed down due to accreditation and/or declining students.)
qwerty
Well-known member
sleepy5136 said:
Colleges can increase tuition at will because of college loans are guaranteed by the government. If that guarantee went away would a bank let an English major borrow $200k to graduate from an Ivy League school? Probably not. Banks would then only lend out on the ability to pay it back like they do with all other loans.
To me it?s that simple. Get rid of the loan guarantee and market will get college costs in line.
nosuchreality
Well-known member
eyephone said:
UCLA admitted just 13,432 of the 108,831 freshman applicants who sought admission into the Class of 2023
UCSB did slightly poorer with only 105K applicants.
CSUF is a relative walk in the park with a 60% admission rate and only 1 in 5 opting to enroll.
USC, the private school, admitted 8804 of the 70,971 applicants.
None of which tells the real story. USC for Fall 20/21 had 59,712 applicants. 9618 Admits.
3460 Enrolled.
59,712 people chasing 3460 seats.
UCLA is much the same, that 108k applicants are chasing 6387 seats.
CSUF enrolled 5400 of the 45000 applicants in Fall 2020 and 4700 of the 50,000 applicants in Fall 2019.
Everybody knows what happens to housing when there is ten offers for every house.