E-Bikes

On 10/27/2020 11:49 AM, jbeattie wrote:

Perhaps you should move from your San Leandro ****-hole to Phoenix and be with your MAGA homeboys. You are a Trump sycophant. Its pathetic.

Tom trumpets his idea that all the smart people are leaving California.

Yet Tom is staying in California.

And Tom isn't even smart enough to see the obvious conclusion. The lad
needs to enroll in Logic 101.

(Unfortunately for him, the prerequisite may be a high school diploma.)

--
- Frank Krygowski

On 10/26/2020 9:25 PM, sms wrote:
On 10/26/2020 5:56 PM, news18 wrote:
On Mon, 26 Oct 2020 17:44:28 -0700, jbeattie wrote:

SF currently has theÂ* highest rents in the US.
https://tinyurl.com/y3fgk25bÂ* If everyone was leaving, rents would
soften more than they are. Rent concessions are up in SF, but that
doesn't indicate an exodus.
http://zillow.mediaroom.com/2020-09-...s-on-the-Rise-
as-Rental-Market-Softens

I wonder if there is a significant number people who can now work
remotely?
I've read that some people have taken the opportunity to move out of SF
as they can now work remotely, so they look for cheaper rent elsewhere,
plus less crowded and safer. Nothing like the opportunity to take
advantage of a few years of cheaper rent.

P.S. Did Tommy see that building that is sinking/topling? Apparently
insufficient pilling/fondations when built.

The exodus of renters from the Bay Area is driving down rents. But
for-sale housing is still doing very well, and a lot of those former
renters are buying houses in outlying areas because they are able to
work remotely and many companies have said that they can continue to do
so even after the pandemic is over. It's a big saving in commercial
office space rent as well. The MTC (Metropolitan Transportation
Commission) for the Bay Area counties recently said that they want to
require 60% remote-working. This caused the mayors of San Francisco and
San Jose to go non-linear
https://www.nbcbayarea.com/news/local/mayors-of-sf-sj-push-back-on-parts-of-bay-area-climate-plan/2380797/.



Is "non-linear" the new term for "ape ****" or does it reference a
milder response? What I saw in the article was pretty mild.

Mark "Working on my street cred" J.

On Tuesday, October 27, 2020 at 8:49:47 AM UTC-7, jbeattie wrote:
On Tuesday, October 27, 2020 at 7:42:08 AM UTC-7, Tom Kunich wrote:
On Tuesday, October 27, 2020 at 7:04:43 AM UTC-7, jbeattie wrote:
On Monday, October 26, 2020 at 9:25:19 PM UTC-7, sms wrote:
On 10/26/2020 5:56 PM, news18 wrote:
On Mon, 26 Oct 2020 17:44:28 -0700, jbeattie wrote:

SF currently has the highest rents in the US.
https://tinyurl.com/y3fgk25b If everyone was leaving, rents would
soften more than they are. Rent concessions are up in SF, but that
doesn't indicate an exodus.
http://zillow.mediaroom.com/2020-09-...s-on-the-Rise-
as-Rental-Market-Softens

I wonder if there is a significant number people who can now work
remotely?
I've read that some people have taken the opportunity to move out of SF
as they can now work remotely, so they look for cheaper rent elsewhere,
plus less crowded and safer. Nothing like the opportunity to take
advantage of a few years of cheaper rent.

P.S. Did Tommy see that building that is sinking/topling? Apparently
insufficient pilling/fondations when built.

The exodus of renters from the Bay Area is driving down rents. But
for-sale housing is still doing very well, and a lot of those former
renters are buying houses in outlying areas because they are able to
work remotely and many companies have said that they can continue to do
so even after the pandemic is over. It's a big saving in commercial
office space rent as well. The MTC (Metropolitan Transportation
Commission) for the Bay Area counties recently said that they want to
require 60% remote-working. This caused the mayors of San Francisco and
San Jose to go non-linear
https://www.nbcbayarea.com/news/local/mayors-of-sf-sj-push-back-on-parts-of-bay-area-climate-plan/2380797/.
Probably pushed by Blackstone or CBRE Group. I'd be pretty worried if I were in commercial office real estate in SF. One of my riding buddies is the CFO of a San Francisco based consumer product company that just walked away from a lease of very expensive space downtown because management learned that everyone could work from home. One of my insurance company clients is closing two business-park office buildings at different locations in California. It just calculated the rent penalty, paid and walked from five or ten year leases. Retail is suffering because of shut-downs, but it will come back -- one hopes. Office space is going to get cheaper. We have a full floor of an office tower and don't need it now, but we're locked in and the new owners aren't interested in negotiating -- which doesn't make sense since they're flipping the building and should want to avoid vacancies. https://www.wellsfargocenterportland.com/

-- Jay Beattie.
So, according to Jay, Those glass fronted Apartments NONE of which faced the bay because just 6 months ago the bay side of those apartments would face old broken down shipping docks, are filled by people who have no furniture, no drapes, no effects of any kind that would be visible and the three apartments that do have these things are simply rented by exhibitionists. Office space in San Francisco isn't being lost to people working from home but from entire companies and their staff moving to Texas. My friend and a group was returning from a 40 mile ride in Phoenix when they saw a commotion up ahead. It turned out that this was the route that Trump was going to use to a Rally and thousands and thousands of people were lining the route wearing maga hats and waving flags. He says for every Biden sign in front of a home there are 40 Trump signs. This must be why the Lame stream Media is saying that Biden is ahead in Arizona. Perhaps Jay would do better representing people that know their asses from a hole in the ground.
Perhaps you should move from your San Leandro ****-hole to Phoenix and be with your MAGA homeboys. You are a Trump sycophant. Its pathetic.

One more time with emphasis: the mere fact that you saw vacant rental units tells you nothing about why they were vacant. Did the tenants go to Texas? Phoenix? Who knows.

Data shows softening in SF. Companies that are not reliant on the Bay Area work-force will move to less expensive markets. Work from home is affecting the commercial market. With softening, time on market for rental units will extend and result in rent concessions. That's what's happening in SF -- but even with concessions and softening, rents are still the highest in the US, and too high by a lot of metrics. Predictions are for more softening due to COVID and other economic factors -- but not because people are moving en masse to Phoenix so they can attend Trump rallies. Phoenix is soul sucking. https://tinyurl.com/y347z6ek Gak. Urban sprawl, and you can't ride after 7:00 AM half the year because it is too hot. But do feel free to move there.

-- Jay Beattie.
Tell us Jay, why has your fantastically brave media told us that Biden has pulled ahead of Trump there? Only some brazen lying fake news media has been giving this world a string of lies unabated so that half of the world thinks that Biden is a shew-in when he couldn't get elected as the masked man? If you think that Biden is going anywhere all the better for me to laugh in your face in 7 days time.

On Tue, 27 Oct 2020 13:21:02 -0400, Frank Krygowski
wrote:

On 10/27/2020 11:49 AM, jbeattie wrote:

Perhaps you should move from your San Leandro ****-hole to Phoenix and be with your MAGA homeboys. You are a Trump sycophant. Its pathetic.

Tom trumpets his idea that all the smart people are leaving California.

Yet Tom is staying in California.

And Tom isn't even smart enough to see the obvious conclusion. The lad
needs to enroll in Logic 101.

(Unfortunately for him, the prerequisite may be a high school diploma.)

Or perhaps only sufficient common sense to "come in out of the
rain"... But either way, he fails.
--
Cheers,

John B.

On 10/27/2020 7:04 AM, jbeattie wrote:

snip

The exodus of renters from the Bay Area is driving down rents. But
for-sale housing is still doing very well, and a lot of those former
renters are buying houses in outlying areas because they are able to
work remotely and many companies have said that they can continue to do
so even after the pandemic is over. It's a big saving in commercial
office space rent as well. The MTC (Metropolitan Transportation
Commission) for the Bay Area counties recently said that they want to
require 60% remote-working. This caused the mayors of San Francisco and
San Jose to go non-linear
https://www.nbcbayarea.com/news/local/mayors-of-sf-sj-push-back-on-parts-of-bay-area-climate-plan/2380797/.

Probably pushed by Blackstone or CBRE Group. I'd be pretty worried if I were in commercial office real estate in SF. One of my riding buddies is the CFO of a San Francisco based consumer product company that just walked away from a lease of very expensive space downtown because management learned that everyone could work from home. One of my insurance company clients is closing two business-park office buildings at different locations in California. It just calculated the rent penalty, paid and walked from five or ten year leases. Retail is suffering because of shut-downs, but it will come back -- one hopes. Office space is going to get cheaper. We have a full floor of an office tower and don't need it now, but we're locked in and the new owners aren't interested in negotiating -- which doesn't make sense since they're flipping the building and should want to avoid vacancies. https://www.wellsfargocenterportland.com/

Exactly.

The changes brought on by Covid-19 are not going to be temporary, they
are going to result in long-term changes to the way we live, work, play,
shop, and travel.

When someone says, “I can’t wait until Covid-19 is over and we can all
go back to exactly the way things were before,� they are not
understanding that there is going to be a new normal and things are not
going to return to the way things were.

The long-term effects of Covid-19 on housing, commercial office, and
transportation are something that commercial real estate owners, rental
apartment complex owners, public transit agencies, and YIMBYs are in
denial about, but they can't control market forces to the extent that
they'd like to believe.

It's amazing to listen to some clueless politicians who believe that
people want to rent apartments in tall apartment buildings forever and
take a public bus to work.

But the reality is the following:

1. Families, especially families with children, prefer to not live in
high-density housing, they like the suburbs and they'll endure long
commutes to own a home.
2. People don't really want to live right next to where they work.
3. People are unlikely to ride a public bus to work, it's too slow and
too inconvenient not to mention the health risks.
4. Remote-working is not going away.
5. Personal mobility is the future, whether it's electric cars, electric
bicycles, or on-demand driver-less shuttles.

Long term, the banks will have to foreclose on a lot of newer commercial
real estate and sell it at a loss to new owners who will be able to rent
at lower rates. Apartment complexes, other than new ones, are in better
shape since even with lower rents they will still be profitable.

Even before Covid-19, rents were falling and there was a glut of
unaffordable market-rate rental housing and developers were refusing to
build projects that were already approved by cities.

We were literally begging one huge developer to construct their approved
project but they said that they were not moving forward due to the
housing glut, labor costs, material costs, mitigation fees (which
legally cannot be set higher than the costs incurred by a city), the
cost of community benefits, inclusionary affordable housing
requirements, etc.. But even when we offered to look at helping them
with what we could, they said that it would still not cause them to
start construction.

Am 28.10.2020 um 03:22 schrieb sms:

The long-term effects of Covid-19 on housing, commercial office, and
transportation are something that commercial real estate owners, rental
apartment complex owners, public transit agencies, and YIMBYs are in
denial about, but they can't control market forces to the extent that
they'd like to believe.

Agreed.

But the reality is the following:

1. Families, especially families with children, prefer to not live in
high-density housing, they like the suburbs and they'll endure long
commutes to own a home.

Make that "half the families". "Freaksih" famlies (rainbow families,
nerd famlies, mixed-race families) will continue to prefer the cities
becaue you can only live happily in the burbs when your bigot neighbors
accept you as equal. In the city you can ignore your neighbors and
socialize with other freaks like yourself.

2. People don't really want to live right next to where they work.
3. People are unlikely to ride a public bus to work, it's too slow and
too inconvenient not to mention the health risks.
Yes but light rail will continue to be popular.

4. Remote-working is not going away.
right but this collides with 2 and nobody knows which argument will
become more relevant in future

5. Personal mobility is the future, whether it's electric cars, electric
bicycles, or on-demand driver-less shuttles.

1,2 and 4 together mean that the freaks working in the silicon Valley
will still be happy to live in SF (and maybe work from home three days a
week).

Even before Covid-19, rents were falling and there was a glut of
unaffordable market-rate rental housing and developers were refusing to
build projects that were already approved by cities.

Covid might cause the SF rents and house prices to return to realistic
levels (like New York, LA or Chicago) but it will not turn SF into a
Detroit.

On 10/28/2020 5:31 AM, Rolf Mantel wrote:
Am 28.10.2020 um 03:22 schrieb sms:

The long-term effects of Covid-19 on housing, commercial
office, and transportation are something that commercial
real estate owners, rental apartment complex owners,
public transit agencies, and YIMBYs are in denial about,
but they can't control market forces to the extent that
they'd like to believe.

Agreed.

But the reality is the following:

1. Families, especially families with children, prefer to
not live in high-density housing, they like the suburbs
and they'll endure long commutes to own a home.

Make that "half the families". "Freaksih" famlies (rainbow
families, nerd famlies, mixed-race families) will continue
to prefer the cities becaue you can only live happily in the
burbs when your bigot neighbors accept you as equal. In the
city you can ignore your neighbors and socialize with other
freaks like yourself.

2. People don't really want to live right next to where
they work.
3. People are unlikely to ride a public bus to work, it's
too slow and too inconvenient not to mention the health
risks.
Yes but light rail will continue to be popular.

4. Remote-working is not going away.
right but this collides with 2 and nobody knows which
argument will become more relevant in future

5. Personal mobility is the future, whether it's electric
cars, electric bicycles, or on-demand driver-less shuttles.

1,2 and 4 together mean that the freaks working in the
silicon Valley will still be happy to live in SF (and maybe
work from home three days a week).

Even before Covid-19, rents were falling and there was a
glut of unaffordable market-rate rental housing and
developers were refusing to build projects that were
already approved by cities.

Covid might cause the SF rents and house prices to return to
realistic levels (like New York, LA or Chicago) but it will
not turn SF into a Detroit.


"you can only live happily in the
burbs when your bigot neighbors accept you as equal."

??? have you ever visited my country? That's absolutely untrue.




--
Andrew Muzi
www.yellowjersey.org/
Open every day since 1 April, 1971

Am 28.10.2020 um 14:38 schrieb AMuzi:
On 10/28/2020 5:31 AM, Rolf Mantel wrote:

"you can only live happily in the
burbs when your bigot neighbors accept you as equal."

??? have you ever visited my country?Â* That's absolutely untrue.

If you only speak for Wisconsin, no but I guess Wisconsin is not that
much different from Minnesota.

I know suburbia very well in Germany, in the UK and in Minnesota.
I have suffered bigot neighbors in Germny in my youth.
My then girl-friend had suffered bigot neighbors in UK during her childhood.
I have seen in 1995 how non-"normal" people were treated both in
downtown Minneapolis (positively) and in the burbs 20 miles out (not
so). I was happily living downtown myself.
I saw what happened to a friend when he moved out of the city into
suburbia with his black wife in 2005.

AMuzi wrote:
On 10/28/2020 5:31 AM, Rolf Mantel wrote:

"you can only live happily in the
burbs when your bigot neighbors accept you as equal."

??? have you ever visited my country? That's absolutely untrue.

Thanks for noting. Maybe Rolf got his impression from reading too many
Guardian and Spiegel fabrications about the evil, Trump-voting suburbs?

On Wednesday, October 28, 2020 at 7:45:10 AM UTC-7, Rolf Mantel wrote:
Am 28.10.2020 um 14:38 schrieb AMuzi:
On 10/28/2020 5:31 AM, Rolf Mantel wrote:

"you can only live happily in the
burbs when your bigot neighbors accept you as equal."

??? have you ever visited my country? That's absolutely untrue.
If you only speak for Wisconsin, no but I guess Wisconsin is not that
much different from Minnesota.

I know suburbia very well in Germany, in the UK and in Minnesota.
I have suffered bigot neighbors in Germny in my youth.
My then girl-friend had suffered bigot neighbors in UK during her childhood.
I have seen in 1995 how non-"normal" people were treated both in
downtown Minneapolis (positively) and in the burbs 20 miles out (not
so). I was happily living downtown myself.
I saw what happened to a friend when he moved out of the city into
suburbia with his black wife in 2005.
The idea that if you aren't a communist you are a bigot seems to run very strongly in the younger generation. This is what has been taught in schools now for over 20 years and children just lap it up. They want everything given to them and have no desire to work for it.