Gas prices pissing you off???

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  • daddyjt
    daddyjt Posts: 2,546
    Kex wrote: »

    It would also be interesting to add home values to that graph. Does anyone really want their home return to its value of 2000?

    Absolutely - and why wouldn’t I want it to return to its “value” of 2000? Now I’m being taxed on 4x (inflated) value, and I’m having to insure 4x (inflated) value.

    Here’s some basic economic insight for you - Barring some significant improvement/expansion, the value of my home (and everyone else’s) hasn’t changed in the past 24 years. What has changed is the relative value of our currency. Just because inflation has gone crazy the past few years, that doesn’t mean my home is worth more. Further, if I sell it and reap the “profit”, I will be purchasing another home at a similarly inflated “value”. Indeed the only way to realize my “profit” would be to sell my home and not acquire another.
    "Conservative Libertarians love the country, progressive leftists love the government." - Andrew Wilkow


    “Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free.”
    ― Aleksandr Solzhenitsyn

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  • Kex
    Kex Posts: 5,196
    You’re not entirely wrong @daddyjt, but people don’t always think that through.

    Overall, though:
    1. My home value has increased far faster than inflation, or my salary (when I still had one). It’s like a second 401(k) in reality. If I were to sell it, I could still buy something fabulous in Colorado (or elsewhere) with the proceeds.
    2. As mentioned previously, California limits property tax increases for existing owners so that they can’t outpace income, so our taxes are actually less of a burden in proportion to our income than they were 25 years ago.
    Alea jacta est!
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  • Kex
    Kex Posts: 5,196
    Priceless! 😂

    As many of his posts often were.
    George Grand wrote: »
    Iraqi oil will be flowing and flooding the market real soon..........

    And I thought it an appropriate time to reveal to you that I am really a woman.


    George Grand (of the Jersey Grands)

    Alea jacta est!
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  • VR3
    VR3 Posts: 28,729
    George grand head a way with words haha
    - Not Tom ::::::: Any system can play Diana Krall. Only the best can play Limp Bizkit.
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  • la2vegas
    la2vegas Posts: 674
    VR3 wrote: »
    George grand head a way with words haha

    And so do you...
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  • gudnoyez
    gudnoyez Posts: 8,124
    A great man said it and that is Drill Baby Drill !!!
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  • Tony M
    Tony M Posts: 11,158
    edited September 8
    Tony Beets of Gold Rush fame said it first...Drill baby drill. ;)

    Although he was referring to finding where "gold specks" were most concentrated on a plot of land.

    Tony was/is an awesome gold miner!
    Most people just listen to music and watch movies. I EXPERIENCE them.
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  • EndersShadow
    EndersShadow Posts: 17,593
    “Lessons cost money, good ones…. Lots”….,

    I think we’ve had a couple good lessons recently, hopefully everyone learned
    "....not everything that can be counted counts, and not everything that counts can be counted." William Bruce Cameron, Informal Sociology: A Casual Introduction to Sociological Thinking (1963)
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  • skipshot12
    skipshot12 Posts: 1,169
    Kex wrote: »
    You’re not entirely wrong @daddyjt, but people don’t always think that through.

    Overall, though:
    1. My home value has increased far faster than inflation, or my salary (when I still had one). It’s like a second 401(k) in reality. If I were to sell it, I could still buy something fabulous in Colorado (or elsewhere) with the proceeds.
    2. As mentioned previously, California limits property tax increases for existing owners so that they can’t outpace income, so our taxes are actually less of a burden in proportion to our income than they were 25 years ago.

    Those that are in outstanding financial positions in Cali do well.
    Just takes time to drive out the riff raff… to pay for the dream.
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  • skipshot12
    skipshot12 Posts: 1,169
    edited September 14
    Apologies…..

    I have no complaints on our gas price here in Laramie, WY.
    We are at $2.79 at our lowest price for regular.
    Post edited by skipshot12 on
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