Talk:Emma Tucker
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Location edit
Since taking over WSJ, she presumably not lives in NYC. Obviously need a source as ref - in case anyone spots one. | MK17b | (talk) 18:23, 19 February 2023 (UTC)
Inflation not the problem: Greed is Rampant. edit
Everyone know that elderly couple down the street who now must leave their home and go to assisted living. Their home is now old and not worth much, they are told, but it is much more than they paid for it. They don't know about selling, so they contact a realtor or a friend? They are offered $65,000, which is 4 times more than they paid for it. They don't know about the boom in housing and the value of their 5 acre property. They accept. Shortly after, a realtor?developer, or tuned in neighbor, who bought their home is asked if he wants to sell his property to a Townhouse/condo group. They buy his property and home for $325,000, and tear down the small home. build a 50 unit condo, and sell the 1 and 2 bedroom condo units for 250,000 to 350,000 each This is happening everywhere repeatedly in every place I have bought my home/condo/. The inflation rate, if you use that term, would be $65,000 inflated to 50 x $250-350,000 averaged at $300,000/unit for 50 units This is not inflation. This is an opportunity representing the huge price increase for homes and property. This represents $300,000.00 x 50 units equals $15,000,000 increase from the original %65,000 or 230 times the original price for the land and small home. This is being done throughout the world and the last thing it could be called is INFLATION??? Yet we set interest rates, bank loans, property values, investment income, food prices, and everything on this averaged price increase and call it inflation. Greed is not a nice word. That codfish I landed in 1960 I sold to the buyer for $0.03 cents. Today, it costs $10.00/lb filleted and skinned which losed 50% of its weight. That is really $5,00/lb today or an increase of 166 times what I was paid. My breakwater construction job paid me $.90 /hour as cement mixer operator. Let's see how that compares with today?
$0.90 x 166 = $149.00/hour??????? Today's construction labor/worker gets $15.00 not $149.00???,
Greed explodes in the world today, and we call it inflation?? Al Forgeron, P. Eng. 156.34.31.196 (talk) 23:05, 13 January 2024 (UTC)