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When you see these Gas vs. EV comparisons of ownership cost, the one thing they always leave out is depreciation, probably because it takes too long to gather the data. But in reality, depreciation is the biggest ownership cost and dwarfs the cost of fuel, tires, batteries, maintenance, and...

IHO is a big fan of things that depreciate rapidly.

I remember those desperation tactics around here during the GFC, except it was high end sports cars being offered.

It's the Redfin Data Center > Redfin Monthly Housing Market Data https://www.redfin.com/news/data-center/ You have to change the parameters yourself to find the information you're looking for, but it's a great tool! For the chart I posted use: Region = Irvine, CA Then click on the Active...

Home sellers face an ‘absolutely brutal’ market that’s tilting in buyers’ favor Ryan Sparks has been trying to sell his mom’s house in Jupiter, Fla., for the past six months. The home was paid off, but taxes and utility bills, on top of the homeowners-association fees, were adding up to more...

Listings are the highest they've been since 2020 during the depths of the COVID pandemic. April listings are up 114% from a year ago.

Looks like anybody studying here for the purposes of aiding the CCP.

I have to push back on this a little bit. This is a distinctly Asian American phenomenon, imported from the hyper competitive school systems they came from overseas. There are a small percentage of Anglo and other ethnicities that buy into this mindset as well, but it's not embedded culturally...

How sad that we limit opportunity for such hard working, smart, and driven people in America. That's not the way it should be.

Remember the theory that nobody was ever going to sell due to 2% mortgage rates? It would be fun to go back and read comments from the past 2-3 years predicting how prices couldn't go down due to the mortgage lock in effect.

Another recommendation, if you have multiple days to visit, is the Museum of Making Music which is less than a mile from Legoland. You can learn the history of some different instruments and the kids can play around on some of them. Walk to the edge of the parking lot, and you have a great...

Your dream is about to come (mostly) true. House Republican tax bill passes ‘SALT’ deduction cap of $40,000. Here’s who benefits “Any changes to lift the cap would primarily benefit higher earners,” Garrett Watson, director of policy analysis at the Tax Foundation, wrote in an analysis on...

Doesn't matter. You want your Return on Invested Capital (ROIC) to exceed your Weighted Average Cost of Capital (WACC) by as much as possible. - Corporate Finance 101 Irvine "all cash" buyers still have a cost of capital even if it's not a US backed mortgage (and even if it's just the lost...

Right you are. Irvine has been dropping for about 17 months now, and when you factor in high inflation, as one local realtor claims is the benchmark for Irvine home appreciation, the decline is even worse! Since December 2023, Irvine has declined in price by 6.4% and inflation has increased by...

The LA metro area, which includes Orange County, is expected to drop by -1.2% over the next year. Zillow: Housing market to see first annual U.S. home price drop since 2011 Zillow projects that U.S. home prices will fall 0.9% between April 2025 and April 2026. Zillow economists had previously...

Agreed. Next week nobody will care.

I'm not diminishing the level of talent at Tesla, but from an investment standpoint I don't like their prospects. The high growth phase for the stock is over. It has been rangebound for 3-4 years. That's just the technical perspective. The fundamental perspective is they no longer have...

Reddit is such a funny place. It feels like it's run by 14 year olds typing from their moms' basements and peddling in extreme ideologies, but at the same time it's such a good repository of information. You can get the real scoop on almost any topic imaginable and learn a lot that isn't...

The Short Book on Options A Conservative Strategy for the Buy and Hold Investor by Mark D. Wolfinger

Paying a lot premium of any kind in Irvine is like paying for a seat license to watch the LA Chargers. Lots of people fall for the curated illusion of artificial scarcity only to overpay for a mediocre product.