Current Location:
Tokyo

Current Book:
Atlas Shrugged - Ayn Rand

Current Song:
Joey + Rory: My Ol' Man

Current Cause:
OGA for Aid


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Monthly Newsletter

iPhone versus Blackberry

I recently made the half switch.  I did get rid of my Blackberry Curve entirely.  I merely added on an iPhone 3GS.  So, now I have both.  The ultimate test.

blackberry iphone switch

The comparison between the two phones can be summed up with one single feature.  The Keyboard.

The keyboard is responsible for every single important difference between the two.  It makes it a thousand times easier to type on the Blackberry, while it makes it impossible to type with on the iPhone.  It also takes up half of the screen space on the Blackberry, while the iPhone has a big enough screen to be able to truly make use of the touchscreen functionality.

After a few weeks of using the iPhone I have come to a realization.  It cannot replace my Blackberry.  Typing on the iPhone diminishes my productivity by such an extreme amount that I simply cannot use it for business, texting, Tweeting, Facebooking, emails, Yelp reviews, or any of the other hundreds of drafts I type up each day.

That said, it is an incredible piece of technology that I cannot live without.  I use it as an iPod.  I use it as my camera.  I use it to read Twitter (I still Tweet from my Blackberry).  I browse the web with it and search for restaurants on Yelp with it.  And, of course, I use many of the brilliant applications for every other minor media need there may be.

So, what to do?  I have no idea.  I cannot carry around both forever.  Yet I now seem locked into both.  In time, I suppose I will either have to ditch one or wait until one of these brands come out with a version that combines the two effectively.  Until then, my jeans will ride low from the extra weight in my pockets.

Perfection

Everything went perfectly this weekend.  Thanks to everyone for all of the kind wishes and to our friends and family that came out to visit us.  We truly appreciate it.

We’re around for a few days to recoup before we take off on our honeymoon.  I have a post or two in mind for the next couple of days, but then GreenTaxi will probably go a bit dark while we relax in the sun in Mexico.

Wedding Day!

Will get some actual wedding pictures later, but wish me luck as I head off to marry this gorgeous woman!

joshua tree 1

Math for First Time Home Buyer Tax Credit

first time home buyer tax credit

The government is paying 10% of your purchase, up to $8000 max, to any first time home buyer with an income of less than $75k.  It will end on December 1, 2009.

So far, this year 1.9 million home purchases have qualified for this tax credit.  1.9 million x $8000 = $15 billion.  So, the program cost the government $15 billion.

Here’s the problem.  So far it is estimated to have created an additional 350,000 additional sales.  In other words, the other 1.55 million sales would have happened anyway.  So, $15 billion / 350,000 = $43,000.  So, it actually cost the government $43,000 for each additional buyer.  With the median home price in the nation being roughly $180,000 this year, the government is paying for almost 24% of every additional home being purchased through this program.  That seems a bit much, to me.

I do like the “more effective tax credit” as offered up by CalculatedRisk.com:

The real problem is the number of households, not home sales. Many people have doubled up during the recession with friends and family, and will probably be looking to rent or buy once they get back on their feet. An incentive for new household formation (for people that were part of another household for the last year or two) would be much less expensive, would be more targeted (recipients would have to show they were part of another household) and would reduce the excess inventory of all housing units.

Does anyone see a trend here?  I wrote about a similar problem with the Cash for Clunkers deal.  We are subsidizing sales that would have happened anyway.  We need to find a more effective way to help out those truly in need and boost extra sales, rather than just paying for purchases that were going to be made already.

*image source: remax-huntsville-tx.com

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