No, the reason that property can be such a good investment for individuals is the opportunity for leverage. I put down only a few thousand dollars (5%) on my house when I bought it, yet its increase in value is very large (several hundred thousand dollars). Of course, with leverage comes risk. Many people lost out dramatically in the recession when house prices dropped. My house value never droppped below its original purchase price.
And that risk has burned some folks significantly. I know folks who bought property with a 5/1 ARM, planning on moving before 5 years, or refinancing if they stayed. Four years into it, they hit the recession, couldn't sell their place, were underwater and unable to refinance, and saw their interest rate rise at the same time. They took a risk -- they're better now, but it was tough for a while.
Expect computations to keep doubling this your key that takes a year to crack will take a few hours in the course of a few days in the next decade.
Not to worry; I'll change my key several times before then.
There is actually quite a lot of competition in the air travel space. About a dozen major national air carriers and over 100 regional and specialty air carriers that do passenger service. I assure you, the cost of airfares are set at what the market will allow. Chances are good that your local cable company or phone company has a monopoly on internet or video services where you are...There is almost certainly not a monopoly on air travel.
Somewhat true. There are limited gates at each airport, so any airline wanting to expand its business at a busy location will have to buy a gate from an airline that holds it today, and if the other one won't sell, too bad. Mergers as well reduce competition: American, Southwest, Delta, and United now serve >85% of the US market. Milwaukee claims to be served by 8 airlines, but it's really 3 plus a few miscellaneous flights.
However, what's wrong with bringing fewer bags, if you want to, or else paying the going price for the bags you really need?
What I'd like to see is a fee to use the overhead compartment. First checked bag is free; first bag overhead costs you $25. The problem with the process today is that it noticeably slows passenger loading and unloading, because everyone tries to cram all their stuff into overstuffed roller bags, making us feel like a cattle car and enduring multiple announcements of "place your small items at your feet, folks; we offer free gate check;
...that's nice and all but those old Vaudville houses don't exist anymore. You can be nostalgiac all you want but today you have to deal with the houses that exist. Most of them are crap. Even the bigger ones aren't that impressive compared to a good home theater setup.
I would like to see the home theater setup that can compete with the mighty Wurlitzer organ at the Stanford Theatre. (http://www.stanfordtheatre.org/)
Exactly. And the reason for that is that they want to capture the largest possible audience. Some folks are cheap -- no snacks, thanks -- but the theatres still get their 10% from those folks filling seats. And others want "the experience" whatever it costs, or are taking someone on a date and know that acting cheap will cut off chances of future dates, so they suck it up and pay for whatever. A final group of folks are either aspirational or foolhardy or unable to refuse their children's demands, walking in meaning to be decently frugal but are then lured into buying "just a little something" at the concessions stand.
If they cut concession prices without adjusting ticket prices, they just lose money. Mr. "Experience" is spending less, Mr. Just-a-Little might buy a tad more, and Mr. Cheap probably isn't moved. And if they raise ticket prices to counteract the drop in concession prices, Mr. Just-a-Little might not show and Mr. Cheap definitely skips it, which leaves Mr. "Experience" wondering why he's spending all this to be in an empty or tiny theatre.
Tip for Silicon Valley Mr. Cheaps: the Stanford Theatre shows old-time movies, and you can take a date there, get concessions, and still have change from a $20 bill.
Adding manpower to a late software project makes it later. -- F. Brooks, "The Mythical Man-Month"