Comments on: Meathead Economics http://livingoffdividends.com/2006/03/02/meathead-economics/ Join me on my journey to achieve financial independence through dividends, passive income and investments Thu, 09 Feb 2012 20:39:20 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Anonymous http://livingoffdividends.com/2006/03/02/meathead-economics/comment-page-1/#comment-88 Anonymous Tue, 07 Mar 2006 21:52:00 +0000 http://www.livingoffdividends.com/2006/03/02/meathead-economics/#comment-88 My heart bleeds for these emigres:<br/><br/>In New York City an 800sf apartment with a parknig spot would sell for in 10 minutes for $1.2 million. My heart bleeds for these emigres:

In New York City an 800sf apartment with a parknig spot would sell for in 10 minutes for $1.2 million.

]]> By: Anonymous http://livingoffdividends.com/2006/03/02/meathead-economics/comment-page-1/#comment-86 Anonymous Mon, 06 Mar 2006 01:21:00 +0000 http://www.livingoffdividends.com/2006/03/02/meathead-economics/#comment-86 It seems to me that you both are arguing about the distinction between primary factors affecting people's decision to move (high real estate prices) and secondary (or tertiary) factors that also affect people's decisions, but only in a marginal way. These secondary factors generally don't drive people's decisions, but they can. For instance, a friend's brother made millions programming for Google and is now retired. In CA? No, in Nevada where the state income tax is 0%. It seems to me that you both are arguing about the distinction between primary factors affecting people’s decision to move (high real estate prices) and secondary (or tertiary) factors that also affect people’s decisions, but only in a marginal way. These secondary factors generally don’t drive people’s decisions, but they can. For instance, a friend’s brother made millions programming for Google and is now retired. In CA? No, in Nevada where the state income tax is 0%.

]]> By: Empty Spaces Inc. http://livingoffdividends.com/2006/03/02/meathead-economics/comment-page-1/#comment-85 Empty Spaces Inc. Sat, 04 Mar 2006 01:50:00 +0000 http://www.livingoffdividends.com/2006/03/02/meathead-economics/#comment-85 geez, how stupid are you?<br/><br/>the point of the post was that you shouldn't blindly believe everything you read in any paper, but use your own intelligence to draw your own conclusions. <br/><br/>the point i'm making is that gov. regulations & taxes do not cause people to move. <br/><br/>Gov. regulations may contribute slightly to increased home prices [which do cause people to move] but by themselves they are not causing people to pick up and move out.<br/><br/>taxes do not contribute to mass exodus. i'm willing to leave CA today,if my wife would let me. home prices are the deciding factor, not taxes. there are a lot of ways to shelter taxes, which rich people do. according to the "editorial", people should be fleeing new york in droves. they have 12% state tax and a 5-6% property tax.<br/><br/>you're free to believe that taxes and gov. regulations are causing people to move to other states. I just don't believe you and i have data to back up a different conclusion. geez, how stupid are you?

the point of the post was that you shouldn’t blindly believe everything you read in any paper, but use your own intelligence to draw your own conclusions.

the point i’m making is that gov. regulations & taxes do not cause people to move.

Gov. regulations may contribute slightly to increased home prices [which do cause people to move] but by themselves they are not causing people to pick up and move out.

taxes do not contribute to mass exodus. i’m willing to leave CA today,if my wife would let me. home prices are the deciding factor, not taxes. there are a lot of ways to shelter taxes, which rich people do. according to the “editorial”, people should be fleeing new york in droves. they have 12% state tax and a 5-6% property tax.

you’re free to believe that taxes and gov. regulations are causing people to move to other states. I just don’t believe you and i have data to back up a different conclusion.

]]> By: Anonymous http://livingoffdividends.com/2006/03/02/meathead-economics/comment-page-1/#comment-84 Anonymous Sat, 04 Mar 2006 01:10:00 +0000 http://www.livingoffdividends.com/2006/03/02/meathead-economics/#comment-84 How can something contribute to people moving (regulatory restrictions, taxes) but not be a cause of them moving?<br/><br/>You're conceding the point that several factors influence the decision to move, but at the same time insisting that only housing prices are "The Cause".<br/><br/>Your logic is baffling. How can something contribute to people moving (regulatory restrictions, taxes) but not be a cause of them moving?

You’re conceding the point that several factors influence the decision to move, but at the same time insisting that only housing prices are “The Cause”.

Your logic is baffling.

]]> By: Empty Spaces Inc. http://livingoffdividends.com/2006/03/02/meathead-economics/comment-page-1/#comment-83 Empty Spaces Inc. Fri, 03 Mar 2006 19:40:00 +0000 http://www.livingoffdividends.com/2006/03/02/meathead-economics/#comment-83 ok i'll admit i don't know the difference between an article and an editorial.<br/>I tried to link to it but when i tested the link it kept going to the search page<br/>and not the article. it requires a subscription anyway, so you can search for<br/>it using the title.<br/><br/>I still stick to my statement that house prices are causing people to move<br/>and not taxes. I disagree that regulatory restrictions cause inflated home<br/>prices. they may contribute to it but the are not the cause. [just as interest<br/>rates contribute to it but again or not the cause]. The last time California <br/>saw a net outward migration also coincideded with a peak in home prices.<br/><br/>Wealthy people who make their money from investments or businesses<br/>are not overly concerned by taxes going up 1.7%. As a % of their net wealth<br/>they pay a lower % than regular folk. They invest in tax-free munis and real<br/>estate giving them great tax shelters. Now if you'rew2 income, you might<br/>be concerned. however i think you'd be more concerned about insanely<br/>high home prices.<br/><br/>I don't buy it and i'm sticking to my guns. ok i’ll admit i don’t know the difference between an article and an editorial.
I tried to link to it but when i tested the link it kept going to the search page
and not the article. it requires a subscription anyway, so you can search for
it using the title.

I still stick to my statement that house prices are causing people to move
and not taxes. I disagree that regulatory restrictions cause inflated home
prices. they may contribute to it but the are not the cause. [just as interest
rates contribute to it but again or not the cause]. The last time California
saw a net outward migration also coincideded with a peak in home prices.

Wealthy people who make their money from investments or businesses
are not overly concerned by taxes going up 1.7%. As a % of their net wealth
they pay a lower % than regular folk. They invest in tax-free munis and real
estate giving them great tax shelters. Now if you’rew2 income, you might
be concerned. however i think you’d be more concerned about insanely
high home prices.

I don’t buy it and i’m sticking to my guns.

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