We would circle and we’d circle and we’d circle to stop and consider and centered on the pavement stacked up all the trucks jacked up and our wheels in slush and orange crush in pocket and all this here county, hell, any county, it’s just like heaven here, and I was remembering and I was just in a different county and all then this whirlybird that I headed for I had my goggles pulled off; I knew it all, I knew every back road and every truck stop…
“We would circle and we’d circle and we’d circle to stop and consider and centered on the pavement stacked up all the trucks jacked up and our wheels in slush and orange crush in pocket and all this here county, hell, any county, it’s just like heaven here, and I was remembering and I was just in a different county and all then this whirlybird that I headed for I had my goggles pulled off; I knew it all, I knew every back road and every truck stop…”
I don’t know, this whole deal sounds like a lot of cheerleading for the real estate industry, which is still heavily subsidized by the Feds.
Oh, and the state of California as well.
But “post-bottom landscape” and “good time to buy?” Well, after hearing those phrases bandied about, how can you resist?
So if you want to be the next Donald Trump, have at it. After all, you can’t win your share of middle-class welfare if you don’t play.
Just don’t get too optimistic, again…
“Zillow, USC Lusk Center to Host Housing Forum in San Francisco; FHA Commissioner Carol Galante to Give Keynote – “California’s Housing Market: Navigating the Post-Bottom Landscape” – To Explore Whether It Is a Good Time to Buy, Issues Around Prop 13
SEATTLE, Sept. 13, 2012 — After a housing recession that eclipsed the Great Depression, many markets are again experiencing home value appreciation sparked by high demand but a low supply of homes. What are the sources of this situation, and how long will it last? What will come next? What should real estate professionals and consumers know about this “new” housing market?
To help answer some of these questions, Zillow®, the leading real estate information marketplace, and the University of Southern California Lusk Center for Real Estate will host the half-day “Forum on California’s Housing Market: Navigating the Post-Bottom Landscape” Oct. 12 at San Francisco’s Palace Hotel.
“When it comes to today’s housing market, it’s a confusing time for professionals and consumers alike,” said Zillow Chief Economist Stan Humphries. “The sheer size of California’s real estate market, along with the fact that cities in the state were among the first to enter the housing recession, combine to make California a kind of bellwether for what to expect as other major housing markets begin to stabilize and recover. We’re thrilled to host an esteemed group of national and California-based experts to discuss the state of the market and issues of particular relevance to California.”
“With rising rents and historically low mortgage rates, owning a home appears to be very appealing,” said Richard Green, Lusk Chair in Real Estate at USC. “But underwater borrowers are reluctant – or unable – to sell, tying up supply in a high-demand environment. We look forward to discussing the implications of these factors on the housing market.”
This will be the second housing forum hosted by Zillow this year. The first, “America’s Housing Crisis: Private-Sector Responses and Public Policy Innovation,” was held in New York in April.
Forum on California’s Housing Market: Navigating the Post-Bottom Landscape October 12, 8 a.m.-noon Palace Hotel 2 New Montgomery St. San Francisco
Keynote Speech by Carol Galante Acting Federal Housing Administration Commissioner and Assistant Secretary for Housing
Top Housing Experts in Public and Private Sectors Will Debate and Discuss in Two Panels: Is It a Good Time to Buy in California?: The Housing Market’s New Normal Moderated by Richard Green, Director of the USC Lusk Center for Real Estate and — Prop 13 in a Healing Housing Market Moderated by Colleen Edwards, Owner, EMC Creative Other speakers include: — Spencer Rascoff, CEO, Zillow — John Burns, CEO, John Burns Real Estate Consulting — Bert Selva, President, Shea Homes — Eric Gutshall, President and COO, Haven Realty Capital — Dowell Myers, Professor, Director, Population Dynamics Research Group, USC Sol Price School of Public Policy With a special overview of the nation’s housing market by Zillow Chief Economist Stan Humphries.
About Zillow, Inc.
Zillow (NASDAQ: Z) is the leading real estate information marketplace, providing vital information about homes, real estate listings and mortgages through its website and mobile applications, enabling homeowners, buyers, sellers and renters to connect with real estate and mortgage professionals best suited to meet their needs. In addition, Zillow operates an industry-leading economics and analytics bureau led by Zillow’s Chief Economist Dr. Stan Humphries. Dr. Humphries and his team of economists and data analysts produce extensive housing data and research covering more than 150 markets at Zillow Real Estate Research. Zillow, Inc. operates Zillow.com®, Zillow Mortgage Marketplace, Zillow Mobile, Postlets®, Diverse Solutions(TM) and RentJuice®. The company is headquartered in Seattle.
Zillow.com, Zillow, Zestimate, Postlets and RentJuice are registered trademarks of Zillow, Inc. Diverse Solutions is a trademark of Zillow, Inc.
On Dec. 2, UC President Mark Yudof spoke to the California Chamber of Commerce Board in San Francisco regarding misconceptions about the University of California. The following are his prepared remarks.
“A Baker’s Dozen Myths about Higher Education”
Thank you. It’s a pleasure for me to be here this morning, and to see so many familiar faces.
You know, Mark Twain once said, “Predictions are very hard to make — especially when they deal with the future.”
Unpredictability shapes the job of every university president. And as everyone here knows, much has happened at the University of California in the last few weeks. I’d be happy to answer any questions you have about recent events during our Q&A.
Now, with apologies to David Letterman, I’ve come here today with a list. Unfortunately, it’s not very funny.
It’s a list of 13 myths about higher education.
(I should add that because I’m a big fan of Wallace Stevens, I almost called this speech “Thirteen Ways of Looking at a University.” But in deference to the language of commerce, I settled on “A Baker’s Dozen Myths about Higher Education.”)
These are the myths driving the grand narrative about universities — the grand narrative that says students are being priced out of universities like UC, while funding instead goes to new facilities or administrator salaries. So today, I’m here to dispel these myths.
#1: The cost of producing UC degrees and credit hours has gone up over the last decade.
I hear this myth all the time. And it’s frustrating, because this cost has actually dropped by more than 15 percent, in constant dollars, since the 1990s.
This cost has dropped in part due to a broad range of systemwide efficiencies: common IT systems; reduced employee travel; thousands of unfilled faculty and staff positions; one-third fewer employees at the UC Office of the President; a higher student-faculty ratio, and so on.
What has gone up, however, is the student contribution, or co-pay, to these degrees. At the same time, the state’s contribution per student has plummeted — by 60 percent in the last two decades.
To put this see-saw in perspective, UC students now cover roughly 46 percent of general fund support. But 20 years ago, their share hovered around 12 percent.
Now, sometimes I hear a variation on this myth, in the form of #2:
For example, here’s yesterday’s joint, featuring United States Supreme Court Justice Stephen Breyer getting interviewd by UC Hastings Distinguished Professor David Faigman, an expert on constitutional theory:
What were the topics? I have no idea. But Bob Egleko was there (with his pencil and notepad, since they don’t allow recordings), so check his report.
And I’ll be sure to upload video or link or whatever I can find in a week or two, pinky-swear.
“Legally Speaking: U.S. Supreme Court Justice Stephen G. Breyer 11/16/2011 from 2:30 PM to 4:00 PM 198 McAllister, Louis B Mayer Lounge
Legally Speaking is a series of probing interviews with prominent lawyers, judges and academics, co-produced by UC Hastings and California Lawyer.
U.S. Supreme Court Justice Stephen G. Breyer will join UC Hastings for a Legally Speaking interview. Justice Breyer is the third U.S. Supreme Court Justice to spend time at UC Hastings in the last 13 months. He will be interviewed by UC Hastings Distinguished Professor David Faigman, an expert on constitutional theory. Justice Breyer’s most recent book Making Our Democracy Work: A Judge’s View will be the topic of discussion.”
“Oracle Cancels Salesforce.com Keynote at Oracle OpenWorld 2011 – Join Chairman and CEO Marc Benioff at the Ame Restaurant in San Francisco to experience the power of the cloud
SAN FRANCISCO, Oct. 4, 2011 — Salesforce.com (NYSE: CRM), the enterprise cloud computing (http://www.salesforce.com/cloudcomputing/) company, today announced that Oracle cancelled salesforce.com‘s keynote at Oracle OpenWorld 2011. Chairman and CEO Marc Benioff will now speak on Wednesday, Oct. 5, 2011 at 10:30 a.m. PT at Ame Restaurant in the St. Regis Hotel, San Francisco, CA. Immediately following Benioff’s talk, at approximately 12:00 p.m. PT, he will host a press Q&A. Both events will be streamed live on salesforce.com‘s website at www.salesforce.com/live.
“Oracle just cancelled my keynote tomorrow. But the show must go on! Everyone is welcome to join me at Ame Restaurant tomorrow to hear about the social enterprise. Sorry Larry, the cloud can’t be stopped,” said Marc Benioff, chairman and CEO, salesforce.com.
With more than 100,000 customers, salesforce.com is the enterprise cloud computing company that is leading the shift to the social enterprise. Social enterprises leverage social, mobile and open cloud technologies to put customers at the heart of their business. Based on salesforce.com‘s real-time, multitenant architecture, the company’s platform and application services include:
— Salesforce Chatter, a secure, private social network for your business
— Salesforce Sales Cloud, for sales force automation and contact
— Salesforce Service Cloud, for customer service and support solutions
— Salesforce Radian6, for social media monitoring and engagement
— Salesforce Data.com, for the most complete source of accurate business
— AppExchange, the leading marketplace for enterprise cloud computing
— Force.com, for custom application development
— Heroku, for building social and mobile customer apps
— Database.com, the world’s first enterprise cloud database
Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol “CRM.” For more information please visit http://salesforce.com, or call 1-800-NO-SOFTWARE.”