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mircea_popescu: which sounds a lot like the romanian "scirt," which means "big whoop" which as stephen fry would put it, works.
mircea_popescu: and how is edvige a "good" anything. it fails to be an obscure female name.
mircea_popescu: as they've copied all the bad ideas the french ever had since about 1905
mircea_popescu: tghe french invented this initialism bs which then the us army/govt copied
mircea_popescu: by the way, has the "hate speech" crowd managed to make crack a hurtful reference in gay contexts yet ?
mircea_popescu: gentlemen, i am glad we've assembled such a crack team of creative linguists on this venue.
mircea_popescu: i now wonder what the french word for the place where married men fuck other men would be.
mircea_popescu: the20year copycats have this magical way to a) fail and b) do all the expensive dangerous research for you.
mircea_popescu: pankkake fun fact : the one room, high 20s to low 30s sqm thing is called "garsoniera" in romania, comes from garcon.
mircea_popescu: the20year i wouldn't be too worried about that if i were you.
mircea_popescu: nubbins` also keeps people well exercised, with all the floors
mircea_popescu: kinda crampy. i have a 220 sq m ground + 170 2nd floor here.
mircea_popescu: you know, amusingly, most us folk i know think romania is a sort of ohio.
mircea_popescu: nubbins` that's how most europe is heated, except natural gas not oil.
mircea_popescu: Real estate development can return several milion dollars in just a 9 month development phase << i know a guy that blew up a fortune trying and failing at that.
mircea_popescu: peterL it might, depending. contrary to what forum muppets think mpex is quite open
mircea_popescu: i don't imagine they were talking michigan when saying detroit.
mircea_popescu: pankkake "useless stupid unwanted money that nobody knows what to do with"
mircea_popescu: they're gonna revolutionize the way people do rounded corners.
mircea_popescu: mike_c and they got nothing, all they have is css devels.
mircea_popescu: all it can come up with these days is a very thin sliver at the very top and a very wide base of ycombinator retards.
mircea_popescu: ohio has flyover zone immunity. california has nothing, hollywood's dead and sillicon valley is losing it.
mircea_popescu: mike_c you know, california is going detroit before ohio is.
mircea_popescu: but obviously, before buying in one'd have to very seriously consider awhole host of things.
mircea_popescu: peterL afaik ohio does not have the monoindustry problem
mircea_popescu: pankkake unless there's a war, $30k detached housing in ohio CAN NOT be a bubble.
mircea_popescu: just, not the usual "it's been 5 days, any updates ?" sort of "investing"
mircea_popescu: or it could be a good way to run from btc if you consider it drops.
mircea_popescu: pankkake that's the only reason this may make sense, the guy seems to know the situation on the ground
mircea_popescu: you obviously wouldn't think of buying the thing otherwise than "buying an us future with a built in interest rate"
mircea_popescu: mike_c well, it's going long fiat. there are situations where one'd want that.
mircea_popescu: the judgement of the business pivots on the judgement of the guy, as it's tghat small. he seems clever and dilligent but how do you ever know.
mircea_popescu: quite frankly, i can not see how anyone'd put up with this arrangement.
mircea_popescu: on top of that, loose money bubbles the real estate. because they'd rather be the guy paying 1k for a 90k property
mircea_popescu: it's the ingrained notion learned through experience by all us inhabitants that the more you pay the less you're gouged
mircea_popescu: it's not loose money policies that cause those, and loose money policies don't cause them in the eu.
mircea_popescu: which, incidentally, is one of the deep causes of us real estate bubbles, i am coming to realise.
mircea_popescu: peterL you're not getting gypped quite as bad as the average.
mircea_popescu: think, millionaire in the 3rd world, never used as much as a real estate agent.
mircea_popescu: peterL yeah well, how much you paying and what's it worth ?
mircea_popescu: Duffer1 it's only obscenely expensive BECAUSE of such restrictions
mircea_popescu: all i used was a half hour of notary public time, cost me ~35
mircea_popescu: i never used ANYONE. not a real estate agent, title company or escrow. ever.
mircea_popescu: which makes it quite feasible for me to buy up real estate personally