BloodhoundBlog

There’s always something to howl about.

Author: Greg Swann (page 73 of 209)

Suburban Phoenix Real Estate Broker

June 14, 2009

Getting a $15,000 tax credit when you purchase your next home could be as easy as stealing candy from a baby…

by

Suburban Phoenix Real Estate Broker

Author website

This from my Arizona Republic real estate column (permanent link):

So we started with a $7,500 tax deduction for first-time home-buyers.

But that didn’t juice the real estate market enough, so we bumped the number up to $8,000 and made it a full-blown tax credit. If you owe $8,000 in taxes next April, your slate is wiped clean.

But even that didn’t juice the the real estate market enough, so this week Republicans — the alleged party of fiscal responsibility — proposed bumping the tax credit up to $15,000 and making it available to everyone — including billionaires.

How cool is that? You buy a $150,000 house, you get 10% back when you file your taxes. And you can file an early return to get the money now. And you can even finance the tax credit now and pay it back when you file your return.

You can’t — quite — use the tax credit as your down payment, but that “reform” can’t be more than inches and hours away. And a $15,000 down payment on an FHA loan buys you a $428,500 house.

Unfortunately, that’s more than the FHA limit for metropolitan Phoenix, so that limit will need to be “reformed” as well.

Paying people to buy houses would be insane if we actually had the money to back up our promises. But, since we don’t, these “reforms” are the mark of true statesmanship.

I’m helping an ambitious young couple buy their first home right now. We’re late to close, a common enough situation.

They just had their second child, an event mere bureaucracy cannot delay. Their baby boy — his name is James — is sweet and beautiful, healthy and smart, a perfect specimen of incipient humanity.

They’re taking the $8,000 tax credit, of course, as they should. The government doesn’t become less insane if you shoot yourself in the foot.

But it is sweet little Baby James who will pay for that tax credit, and for millions of others, and possibly for millions more at $15,000 a pop. Our economy runs on theft — and we’re running out of people to steal from.

June 4, 2009

Why I read Ibsen

by

Suburban Phoenix Real Estate Broker

Author website

[I grew up in a grimy little industrial town called Danville, Illinois. It wasn’t until I was four years old that I stumbled onto an atlas and discovered why I had felt so much out of place from the day of my birth. I graduated from Danville High School two years early — and left town the very next morning. My sister was in that same graduating class, but she has never felt herself to be anything but comfortably at home. She got as far away as the University of Illinois in Urbana, forty miles west, then came back to teach Shakespeare to the college-bound minority of Danville High School. She throws in one Ibsen play a year, and I wrote this essay as a hand-out for her classes. This is madly off-topic, of course, but it’s in keeping with what’s wrong with American education. Plus which, it’s been a while since we’ve had some refinements around this joint, and I’m hearing from clients that they like the deeper-reading bits. So: For the wandering professor, Don Reedy, and for my homebody sister, let’s go for a dip in the fjords. –GSS]

 
The latter half of the nineteenth century was a time of amazing progress for the West. Average life-expectancy doubled. Infant mortality was halved. The fruits of science and industry were spreading to even the poorest of the poor — hygiene, sanitation, bountiful harvests, rail and sea travel, the telegraph and the telephone, abundant cheap fabrics from the much-maligned mills of England and America. The simple innovation of gaslight, precursor to Edison’s bulb, effectively extended human life by half. The year of 1848 was the year of triumph for the Enlightenment, and monarchies fell all across Europe. The ideals of Voltaire and Jefferson were everywhere ascendant and humanity emerged, dazed and wan, from the prison of tyranny, seeming to dance in the clean, sweet air of liberty.

The latter half of the nineteenth century was a time of joy and beauty and purpose in life and in art, and this is one of the best kept secrets in the history of the West. Read more

June 2, 2009

Q: Why is taxpayer-funded education in the United States so poor? A: Johnny can’t read, but he sure can vote…

by

Suburban Phoenix Real Estate Broker

Author website

TCSDaily:

It goes beyond a failure to find ideas that increase education; many have embraced ideas that are clearly destructive. Our experts really don’t seem all that interested in education as most people understand this term. Reading, writing, arithmetic, and geography, for example, don’t seem to be priorities. What we see in education makes sense only if we assume that our educators have an agenda we don’t know about, or that they are malevolent, or both.

So what agenda, you’re wondering, are they actually focused on? What’s the answer to the mystery? Here is my deduction: that those at the top of the Education Industrial Complex, since the time of John Dewey, have been collectivists first, and educators second or third. The goal of creating an educated child was too often superceded by the goal of creating a cooperative child.

Broadly speaking, they undermined educational success in two ways. First, they found reasons to delete and dilute the curriculum. Second, the things they did teach, they often taught in confusing, unhelpful ways. I could reel off a list of 50 failed pedagogies, none of which lived up to the hype or the hope, things such as New Math, Reform Math, Constructivism, Bilingual Education, Self Esteem, et cetera.

The paradigm of bad pedagogies, of course, is Whole Word, I.E. any non-phonics way of teaching reading. Around 1931, every public school in the country was told that phonics was out, and the children should be taught by Look-Say (think Dick and Jane). This switch is one of most amazing (and revealing) events in American educational history. Try to think of another instance where a profession abruptly decided to reverse everything ordinarily done for centuries.

Once you assume that all these conclusions are true, you find there’s no mystery at all. Everything that’s happened in American education is as logical as 1 + 2 = 3. My estimation is that if we tossed out the ideological admixture, we’d see steady improvement. Don’t think we can improve things by tweaking around the edges. We need an intervention. We need surgery.

May 31, 2009

Happiness is a green status board…

by

Suburban Phoenix Real Estate Broker

Author website

That’s the SplendorQuest server a moment ago. The numbers come and go, but it’s a rare thing for the server load to go over 5% right now. During the worst of our recent attacks, we were redlined at well over 90%, an enormous amount of computing power.

We still have a lingering problem with the MySQL server, but this is much abated by having rid ourselves of these battalions of termites. We’ll get that taken care of shortly, too.

Thanks for your indulgence during our recent troubles.

May 30, 2009

Reds

by

Suburban Phoenix Real Estate Broker

Author website

[Brian Brady asks for advice. This ain’t it. I wrote a book in 1988 about human civilization, a condition I believe human beings can but so far have not attained. I’m thinking of revisiting the topic, if only because I fear those kinds of ideas might have to transcend a dark age. I wrote the following essay seven years ago, and, of course, by now everything it addresses is just that much worse. Tyranny is an avoidable fate — but not if you don’t know how to recognize it. –GSS]

 
My son is a Cub Scout. A few weekends ago he had his yearly ScoutORama, a sort of Scout convention and trade fair. The theme of this year’s event was ‘American Heroes,’ and it turns out that American Heroes, for the most part, build small catapults and cook in Dutch ovens. One Cub pack took the theme rather more to heart, with a huge display called ‘Freedom In Unity’.

To an attending Cub Scout I said, “Is it conceivable to you that unity and freedom might conflict?”

After a moment’s thought, he said: “Huh?”

As a father of an eleven-year-old, I fully expected this retort. Undismayed, I pressed on: “Isn’t it reasonable to suppose that the quality best represented by the word ‘freedom’ is freedom from other people?”

“HUH?!

And my wife pulled me away, arguing, quite correctly, that it is unfair to expect children to regurgitate, much less competently defend, the horseshit they are force-fed by adults.

They do so eventually, of course, and thus become the adults who do the force-feeding of the next generation of helpless victims — unminded before they can be fully mindful, starved and stuffed at the same time, gorged forevermore on horseshit.

But: It’s not the what, it’s the where, the who, the how. And most especially: The why.

When the French, to pick an odorous example, rail against Individualism, we know what we’re hearing. When radical feminists — or radical environmentalists, or radical vegans — heap scorn upon Liberty, it doesn’t take much acuity to see right through them.

But to listen carefully — and I am cursed with the skill of listening Read more

May 27, 2009

When a Bloodhound loses the scent, uptime can be a dawg’s life

by

Suburban Phoenix Real Estate Broker

Author website

I don’t think it would be an exaggeration to say that we’ve had availability problems lately. In fact, we’ve had four problems, and three of them may be fully addressed.

First we had memory issues, which I didn’t understand at first. Y’all would have seen them as memory errors or lengthy timeouts when submitting comments. The solution turned out to be pretty simple, and that issue is by now long since dead.

But: That solution would have been masked, to the untrained eye, by problem number two. The account all of the Splendorquest.com domains live on had been set to 25GB, max, back when we lived on semi-dedicated server. This wasn’t changed when we moved, with the result that we’ve been thrashing for disk space for a couple of months. Again, an easy solution once the problem was discovered.

I said nothing about these two because I still haven’t solved problem number four — which used to be problem number three — a significant overcommitment of our MySQL server.

But, in the meantime, we got hit with problem number three, a three-day denial-of-service-like attack. The villain was probably an itinerant spammer, but the effect, from your point of view, was just like a DOS action: No action on your end.

Meanwhile, problem number four persists, but in a seemingly calmer state of exigency. We’re serving a lot of folks when the sun is up over North America, and we’re shipping 200GB of data every month. Put this all under the category of growing pains, but it remains that our growth has put us in this kind of trouble four times a year, at least, for three years running.

And even with all of that, comes today a note from Mark Madsen congratulating BloodhoundBlog for making it back up to a PR6. We’ve been there before, so this may just be temporary, but it’s doubly amazing given our late semi-compromised state.

Anyway, thanks to everyone for the thought and effort — and the links — you bring to BloodhoundBlog.

May 25, 2009

Kipling on the land we live on and the land we love

by

Suburban Phoenix Real Estate Broker

Author website

I am reputed by Macleans magazine to be well-versed in verse, so, in concert with my soul’s sister, Teri, I will lend my ear to the muses in the celebration of glorious land:

Sussex

by Rudyard Kipling

God gave all men all earth to love,
    But since our hearts are small,
Ordained for each one spot should prove
    Beloved over all;
That, as He watched Creation’s birth,
    So we, in godlike mood,
May of our love create our earth
    And see that it is good.

So one shall Baltic pines content,
    As one some Surrey glade,
Or one the palm-grove’s droned lament
    Before Levuka’s Trade.
Each to his choice, and I rejoice
    The lot has fallen to me
In a fair ground—in a fair ground—
    Yea, Sussex by the sea!

No tender-hearted garden crowns,
    No bosomed woods adorn
Our blunt, bow-headed, whale-backed Downs,
    But gnarled and writhen thorn—
Bare slopes where chasing shadows skim,
    And, through the gaps revealed,
Belt upon belt, the wooded, dim,
    Blue goodness of the Weald.

Clean of officious fence or hedge,
    Half-wild and wholly tame,
The wise turf cloaks the white cliff edge
    As when the Romans came.
What sign of those that fought and died
    At shift of sword and sword?
The barrow and the camp abide,
    The sunlight and the sward.

Here leaps ashore the full Sou’west
    All heavy-winged with brine,
Here lies above the folded crest
    The Channel’s leaden line;
And here the sea-fogs lap and cling,
    And here, each warning each,
The sheep-bells and the ship-bells ring
    Along the hidden beach.

We have no waters to delight
    Our broad and brookless vales—
Only the dewpond on the height
    Unfed, that never fails—
Whereby no tattered herbage tells
    Which way the season flies—
Only our close-bit thyme that smells
    Like dawn in Paradise.

Here through the strong and shadeless days
    The tinkling silence thrills;
Or little, lost, Down churches praise
    The Lord who made the hills:
But here the Old Gods guard their round,
    And, in her secret heart,
The heathen kingdom Wilfrid found
    Dreams, as she dwells, apart. Read more

May 21, 2009

News from the right side of the number line: Graphene, a possible replacement for silicon in computer chips, and a DVD-sized storage device that can hold more than a thousand DVDs

by

Suburban Phoenix Real Estate Broker

Author website

One of the paths to the singularity, and the one that is mostly readily plausible given the current state of physics, is nanotechnology. Here are two new nano-entities ready to break out of the laboratory.

First, how would you like to store your entire movie collection on one DVD-sized disc?

A DVD that can store up to 2,000 films could usher in an age of three-dimensional TV and ultra-high definition viewing, scientists say.

The ultra-DVD is the same size and thickness as a conventional disc, but uses nano-technology to store vast amounts of information.

Scientists believe it could be on sale in five years and say it will revolutionise the way we store films, music and data. 

One disc could back up the memory of a computer or record thousands of hours of film.

The breakthrough comes from Swinburne University of Technology, Melbourne, Australia, where scientists created a prototype using ‘nano rods’ – tiny particles of gold too small to see – and polarised light, in which the light waves only flow in one direction.

Professor Min Gu, whose findings appear in the journal Nature, said: ‘We were able to show how nano-structured material can be incorporated on to a disc to increase data capacity without increasing the size of the disc.’

A DVD can hold up to 8.5 gigabytes of information, enough for a movie, several special features and an alternative soundtrack.

Blu-ray discs, which were designed to replace them, can store 50GB, enough for a film and extra features in high definition.

But ultra-DVDs will be able to store ten terabytes – or 10,000GB.

Of much greater moment, consider Graphene, a perfect carbon structure one atom thick.

Eight MIT researchers, along with colleagues at Harvard and Boston University, have just received a major U.S. Department of Defense grant for graphene research. With this five-year grant, Palacios says, MIT and its collaborators “would become one of the strongest multidisciplinary teams working on graphene in the world.”

Its unique electrical characteristics could make graphene the successor to silicon in a whole new generation of microchips, surmounting basic physical constraints limiting the further development of ever-smaller, ever-faster silicon Read more

May 21, 2009

What would it take to reform the National Association of Realtors, to turn it from an anti-consumer cartel into a steadfast defender of the right of American citizens to own, use and enjoy real property?

by

Suburban Phoenix Real Estate Broker

Author website

Joe Loomer: > what could and should NAR do to dispell your views of it as a criminal enterprise?

In very broad outlines:

1. Stop writing and lobbying for legislation devised to churn the real estate markets.

2. Work tirelessly to eliminate all laws that serve to advance the interests real estate brokers at the expense of consumers in general as well as other people who might want to broker real estate for compensation.

3. Eliminate all coercive membership requirements.

4. Work with lenders and HUD to eliminate the co-brokerage fee so that buyers can obtain — and pay for — true, honest, untainted representation.

5. Work tirelessly to eliminate all laws impinging upon the right of each citizen to buy, own, use, enjoy, profit from and sell real property without interference.

For what it’s worth, I think number 5 is the greatest betrayal of the American people by the National Association of Realtors. Zoning? The NAR is for it. Eminent domain? The NAR is for it. Expropriation of ancillary rights such as water rights? The NAR is for it. At the national level, the grand poohbahs might issue a toothless snarl about Kelo, but at the local level, the Boards of Real Estate that make up the NAR are always working hand-in-pocket with governments and developers to rob ordinary citizens of their right to own their own property.

Soldiers are to be found everywhere in history, but freedom is won and held by citizen soldiers — which means a soldier who has his own land to return to when the fighting is done. By undermining the right to own real property, the NAR works — insidiously, corrosively — to undermine American liberty.

And, for what it’s worth, if the NAR were to apply itself and achieve item number 4 on my list, none of the rest would matter. More than anything else, the NAR and the MLS are made possible by the co-broke. Get rid of that and the rest of this ugly mess will crumble to dust in due course.

May 19, 2009

No more free lunch! Understanding the National Association of Realtors — all the way down to your bones…

by

Suburban Phoenix Real Estate Broker

Author website

Michael DiMella wrote the remarks quoted below in a comment, but I’ve extracted them and my responses to him into a separate post.

The meta issue is this: Is the NAR a criminal conspiracy against consumers, and, whether or not it is, is there nothing else good about it?

Michael DiMella: > you seem to have a thorough unwillingness to learn what NAR actually is and does.

That’s astoundingly false. I have written more about the NAR’s criminality than anyone, ever. You may not want to focus on that, but criminality is NAR’s sole reason for being. Everything else it might do is window dressing devised to fool the public — and gullible patsies within the NAR.

> That doesn’t make you a bad guy, but I, for one, would appreciate a modicum of respect.

Good grief. I will offer you and the NAR the oath of respect Fiorello LaGuardia paid to a similar criminal mob when he was inaugurated as Mayor of New York: “E finita la cuccagna!” (“No more free lunch!”)

> To [eliminate mortgage interest deductibility without comprehensively revising the tax code] would be careless and have a major negative impact on a majority of Americans.

False. The deductibility of mortgage interest is a handout to the rich. I’m opposed to all taxation, but it is absurd to argue that the wealthiest Americans cannot afford to bear their own economic weight. In any case, as is discussed below, using tax policy to favor one group over another, thus artificially to churn the markets, is vicious and wrong no matter who is hurt or helped.

The next argument would be that, in a condition of pressure-group warfare, to lay down arms is suicidal. That’s as may be, but, in order to make this argument, you must first argue that there can be circumstances in which you feel yourself justified in expropriating other people’s property — stealing, that is — for your own benefit. Are you an advocate of theft? Did I hear you say something about wanting respect?

> I would say NAR’s support of the MID is well intentioned to protect consumers

The sole purpose of the mostly Read more

May 17, 2009

Earth to NAR: Drop dead — and try not to stink up the place while you’re doing it

by

Suburban Phoenix Real Estate Broker

Author website

I haven’t paid any attention to this MIBOR business, and I’m grateful to John Rowles for keeping us up to date. Anyone who is dismayed at the way things worked out should be sure to sit at my table when we have a BloodhoundBlog poker tournament: You’re my kind of sucker.

The fact that the NAR is composed of clueless morons should come as a surprise to no one. The fact that they think they can buy off their intellectual superiors by kissing their asses should astonish no one who reads here: I’ve been telling you for years that the dinosaurs pretend to take you seriously in the hopes of compromising you in their corruption. Of course, no one will learn a thing from this experience, which suggests that the dinosaur strategy might well be sound, even though it is absurd on its face. They reason that a grand pageant of being lied to and pandered to makes people feel important, and the evidence suggests they’ve got a good bead on their designated spokesmannequins.

But none of this has anything to do with anything. Whatever combination of cluelessness and collusion motivated this MIBOR clusterfrolick, it’s just a side effect. The NAR is a criminal cartel. Its purpose is to deploy legislation at the federal, state and local levels in behalf of real estate brokers and to the detriment of consumers (and, secondarily, real estate sales people). If you despise the NAR because it is technologically inept, you’re hating it for the wrong reasons. The right reason to detest the NAR, and to seek its extinction, is because it makes war upon the free market in order to expropriate unearned wealth for brokers.

Who pays for the tax deductibility of mortgages? The 70% or more of us who don’t qualify for the deduction. Who will pay for the $8,000 first-time home buyer’s tax credit? Your grandchildren — and it will cost them quite a bit more than $8,000 in interest costs. Thus do the vampires in the NAR make make vampires of us all.

If you want to grouse or joke about how stupid the NAR Read more

May 15, 2009

Skinning elephants: The lifelong salutary benefits of negotiating your compensation with your buyers

by

Suburban Phoenix Real Estate Broker

Author website

Here’s how Mike Elsberry, my home inspector, charges for an inspection for one of my clients:

  • A sliding-scale price based on square footage
  • A sliding scale price based on the age of the home

Bigger homes take somewhat longer and entail somewhat more work to inspect than smaller homes. Older homes may have more wear and tear, also resulting in a longer, more arduous inspection. Mike has a little pricing grid, and taking those two numbers, square footage and age of the home, he can plot the precise price point on his matrix.

You could argue that he could come up with a more predictive pricing scheme, but the genius of his system is obvious: It’s reasonably objective, making it hard to argue with, and Mike can price a job from his cell phone, while driving, with his mouth half full of burrito. Lo-tech don’t mean no-tech.

Okayfine. Now let’s sell a couple of houses.

I’m about to do a Facebook deal with an old friend from high school. I will be representing her son in the purchase of the condominium he will live in while attending graduate school. Approximate purchase price: $80,000. Gross commission to me: $2,400.

I’m also about to help a very nice couple buy a small hacienda in Paradise Valley, one of the wealthiest towns, per head, in the United States. Approximate purchase price: $800,000. Gross commission to me: $24,000.

Obviously the differences between the two transactions are myriad, but here’s the one that matters most: The $80,000 condo will almost certainly take a lot more of my time than the $800,000 hacienda. I’ll get paid maybe $50 an hour for the condo, and possibly as much as $1,500 an hour for the hacienda.

How does that make sense?

Home inspector Mike Elsberry’s pricing scale makes sense, even if you could argue that something more complicated might make even more sense. The compensation buyer’s agents receive bears no relation to the time and effort expended. As the Freakonomics boys point out, the incentives are misaligned, as well: I get paid more if my buyers pay more, even though their best interest is to pay less. But even Read more

May 12, 2009

The essential importance of criticism to my mental functioning

by

Suburban Phoenix Real Estate Broker

Author website

I hate the idea of belaboring this topic, because I think it should be obvious. But it keeps coming up, so I wanted to take a moment to shoot it down. If the headline seems really boring to you, that’s only because you’re right. Feel free to make your exit while your faculties are still unbenumbed.

In response to my post this morning on the sartorial elegance of Todd Carpenter, Dave Gooden says:

I don’t understand your need to pile on people like this.

I never pile on anyone. Piling on is done by groups of people, generally speaking fairly stupid people. I always stand alone in everything I do.

But: That’s beside the point.

Without piling on, John Kalinowski adds:

I can’t understand for the life of me why you waste time insulting others publicly, which seems to happen often on this site.

Both comments are specious, in the sense that I wasn’t insulting anyone. I was tweaking Todd Carpenter for a comical photo of the most un-besuited person I know wearing a suit.

But I’m willing to entertain these questions, if only because these kinds of complaints come up fairly often, and it’s plausible that I can help people better understand how I use my mind.

I will say first that I consider rebukes like these to be unconscionably rude. I am chastised — to my face, in public and behind my back — for being some sort of paragon of bad behavior, but I would never in my life consider it good character to presume to remonstrate my host while I am a guest in that man’s home. If I have a big-enough problem with your behavior, I will certainly take you to task, but only on my own property, never on yours. In this respect, I am regularly amazed that people would seek to address minor issues of style while committing an outright betrayal of my hospitality.

In the same way, it would never occur to me to tell someone else how to write. Your mind is your property. Do what you want with it. I will tell you now — and I’m sure I’ve said this Read more

« Older posts Newer posts »

Inventing Real Estate 2.0

Welcome to BloodhoundBlog, the national real estate industry marketing and technology weblog written by, for and about real estate professionals. Better yet, welcome to the wired world of real estate. We are busily inventing Real Estate 2.0 – technology, marketing, service and salesmanship. Like all Bloodhounds, we are smart, frisky and fiercely independent. We've built a spot on the earth – beloved over all – where each one of us can be who we are, no matter who that might be. We are committed to an idea of excellence that will flush the bums, the con-men and the crybabies out of the real estate industry. If you yearn to have your failures excused, your moral lapses absolved or your boo-boos kissed, seek elsewhere. But if you are sick to death of mediocrity – welcome home. Read all about us, subscribe to our feed and steel yourself for the hunt. We work hard, we play hard, we learn everything we can – and we bow to no one.

Media Contacts