Palos Verdes Real Estate
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The High Price of Greed
This is more important with regard to real estate than ever, so listen up: Understandably, I have seen more than the usual number of new listings lately come out at unrealistically high prices. It's understandable because a) every seller wants to get the highest possible price for his house, b) feels his house is special (that's why he bought it), c) may have gotten used to shortcomings in location, lot size, floor plan, etc, d) and, in a slower market, is...Continue Reading!
The Thing About Loans
I'm sure anyone who has tried to get a real estate loan during the past 6 months knows this, but for the rest, it's a lot like going to see your proctologist and about as pleasant. All the old rules are out and the primary hiring criterion for underwriters appears to be that they must have been diagnosed with a severe case of Obsessive Compulsive Disorder. Want a second opinion? OK, they don't get out much either. To be fair, the...Continue Reading!
World War II Detention Camps
While the commonly held public view of the Government "relocation" of those of Japanese ancestry in the early months of WW 2 is that it was a "disgrace" and "a stain on our national history", there is another side to this that most Americans don't know: While classified information for 50 years following the end of WW 2, it is now commonly known that, in the months leading up to the Pearl Harbor attack, US cryptanalysts had been working feverishly on...Continue Reading!
Around and Around We Go
Do you remember the old carnival ride where you climbed into a big 30 foot diameter cylinder and stood against the wall? The thing began rotating, pressing you against the wall, and then some nutcase removed the floor from beneath your feet. However, you were held in place by centrifugal force, which was clear when you looked across the cylinder at the other riders stuck to the wall. What would have happened if someone had tripped over the cord and...Continue Reading!