Comments on: November 22 Stats http://www.robchipman.net/november-22-stats Wed, 10 Mar 2010 23:07:57 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Troll http://www.robchipman.net/november-22-stats/comment-page-2#comment-124911 Troll Fri, 27 Nov 2009 14:51:39 +0000 http://robchipman.net/blog/?p=837#comment-124911 So what?  This is a stoner blog now?  Grow-ops- sheesh! Currently high prices are driven by rates. Stop. Rates will rise with a general economic recovery. Stop. Then house prices will be sustained by rising employment. Stop. Then in about 7 years they will "crash" again. It has always beem thus. So what?  This is a stoner blog now?  Grow-ops- sheesh!

Currently high prices are driven by rates. Stop.

Rates will rise with a general economic recovery. Stop.
Then house prices will be sustained by rising employment. Stop.

Then in about 7 years they will “crash” again. It has always beem thus.

]]> By: Rob Chipman http://www.robchipman.net/november-22-stats/comment-page-2#comment-124876 Rob Chipman Fri, 27 Nov 2009 00:51:55 +0000 http://robchipman.net/blog/?p=837#comment-124876 Chip: $1400-$2000, doesn't really matter.  Steve posited $20k per month from a small grow op.  Not likely. I've had my share of run ins with pot growers and seen some pretty impressive grow shows.  One thing I can vouch for - its not easy money.  40 - 80 plants per room is not a part time vegetable garden out back.  The stuff can grow so fast you can actually hear it gorw, and it will transpire enough water that you have to really be on top of ventilation and mold.  I know, I know, it sounds like easy money, but the people I've seen doing it were generally (with a couple notable exceptions) chronically short of funds.    Chip:

$1400-$2000, doesn’t really matter.  Steve posited $20k per month from a small grow op.  Not likely.
I’ve had my share of run ins with pot growers and seen some pretty impressive grow shows.  One thing I can vouch for – its not easy money.  40 – 80 plants per room is not a part time vegetable garden out back.  The stuff can grow so fast you can actually hear it gorw, and it will transpire enough water that you have to really be on top of ventilation and mold.  I know, I know, it sounds like easy money, but the people I’ve seen doing it were generally (with a couple notable exceptions) chronically short of funds. 
 

]]> By: chip http://www.robchipman.net/november-22-stats/comment-page-2#comment-124854 chip Thu, 26 Nov 2009 11:38:17 +0000 http://robchipman.net/blog/?p=837#comment-124854 "Production numbers sounds bang on, and anyone contemplating it should also know that the grower doesn’t make anywhere near 2000/lb. If you also retail it sure, but not wholesale." BS. You can get up to 2000 in a tight market but 1400-1700 is the usual range. Retail is much, much higher and largely in the US. The so called 'peons' on the production end are salaried new immigrants, but the production is controlled by guys who think nothing of owning a half dozen homes with grow-ops at any one time. This is a huge business, and the police are hopeless. “Production numbers sounds bang on, and anyone contemplating it should also know that the grower doesn’t make anywhere near 2000/lb. If you also retail it sure, but not wholesale.”

BS. You can get up to 2000 in a tight market but 1400-1700 is the usual range. Retail is much, much higher and largely in the US.

The so called ‘peons’ on the production end are salaried new immigrants, but the production is controlled by guys who think nothing of owning a half dozen homes with grow-ops at any one time.

This is a huge business, and the police are hopeless.

]]> By: Alexcanuck http://www.robchipman.net/november-22-stats/comment-page-2#comment-124836 Alexcanuck Thu, 26 Nov 2009 01:46:24 +0000 http://robchipman.net/blog/?p=837#comment-124836 78 'tis I. 78 ’tis I.

]]> By: Anonymous http://www.robchipman.net/november-22-stats/comment-page-2#comment-124835 Anonymous Thu, 26 Nov 2009 01:45:55 +0000 http://robchipman.net/blog/?p=837#comment-124835 All I can say about Rob's numbers for grow-ops is that I suspect he knows a lot more about the industry than he lets on... Or just knows how to google and did a few minutes research. Production numbers sounds bang on, and anyone contemplating it should also know that the grower doesn't make anywhere near 2000/lb. If you also retail it sure, but not wholesale. It's just too easy to do to be a get-rich-quick scheme, and the last thing you want to do is encroach on some of our home-grown bad boys turf. The only way it can work fairly risk-free is on a very small scale, supplying a small and closed group, and then the take isn't as high. The big money is made by the business-men who move it. Peons on the production end and the retail end don't do nearly so well, and take most of the risk. Based only on my googleing, my news perusal, and a friend who knows some people I wouldn't care to. All I can say about Rob’s numbers for grow-ops is that I suspect he knows a lot more about the industry than he lets on… Or just knows how to google and did a few minutes research. Production numbers sounds bang on, and anyone contemplating it should also know that the grower doesn’t make anywhere near 2000/lb. If you also retail it sure, but not wholesale. It’s just too easy to do to be a get-rich-quick scheme, and the last thing you want to do is encroach on some of our home-grown bad boys turf. The only way it can work fairly risk-free is on a very small scale, supplying a small and closed group, and then the take isn’t as high. The big money is made by the business-men who move it. Peons on the production end and the retail end don’t do nearly so well, and take most of the risk.
Based only on my googleing, my news perusal, and a friend who knows some people I wouldn’t care to.

]]> By: Disbelief http://www.robchipman.net/november-22-stats/comment-page-2#comment-124826 Disbelief Wed, 25 Nov 2009 23:33:04 +0000 http://robchipman.net/blog/?p=837#comment-124826 SC 27 My thoughts are if you can afford the mortgage (regardless whether the property is overpriced in your opinion), and you happen to find something you like, then consider going after it. (Why would you go after a product that will deflate in value)     This is a very dangerous and probably the dumbest statement I have heard.  I have a better piece of advice if its overpriced it's not worth it and should be avoided.  This is the type of logic that most Vancouverites are using.  This is the fearmongering that is published in the media  "Buy now or be priced out forever".  It is false don't worry prices will correct or earnings will adjust. If people can have a better existence with a different zip/postal code they will leave.  People for the most part aren't stupid they do what makes sense and if prices rise they will do what they need to do.  Invest elsewhere.  SC 27
My thoughts are if you can afford the mortgage (regardless whether the property is overpriced in your opinion), and you happen to find something you like, then consider going after it. (Why would you go after a product that will deflate in value)
 
  This is a very dangerous and probably the dumbest statement I have heard.  I have a better piece of advice if its overpriced it’s not worth it and should be avoided.  This is the type of logic that most Vancouverites are using.  This is the fearmongering that is published in the media  “Buy now or be priced out forever”.  It is false don’t worry prices will correct or earnings will adjust. If people can have a better existence with a different zip/postal code they will leave.  People for the most part aren’t stupid they do what makes sense and if prices rise they will do what they need to do.  Invest elsewhere. 

]]> By: Anonymous http://www.robchipman.net/november-22-stats/comment-page-2#comment-124823 Anonymous Wed, 25 Nov 2009 22:51:48 +0000 http://robchipman.net/blog/?p=837#comment-124823 Wow, Rob, you know a lot about growing marijuana! :) Wow, Rob, you know a lot about growing marijuana! :)

]]> By: DaveD http://www.robchipman.net/november-22-stats/comment-page-2#comment-124819 DaveD Wed, 25 Nov 2009 22:06:09 +0000 http://robchipman.net/blog/?p=837#comment-124819 Sorry, didn't see the question - obvious bubble, correction prevented by cheap rates and the powers that be shifting heaven & earth to prevent it.  Who knows when it will correct?   It will probably take longer than anybody is happy with (me included) just on Murphy's principle. Sorry, didn’t see the question – obvious bubble, correction prevented by cheap rates and the powers that be shifting heaven & earth to prevent it.  Who knows when it will correct?   It will probably take longer than anybody is happy with (me included) just on Murphy’s principle.

]]> By: DaveD http://www.robchipman.net/november-22-stats/comment-page-2#comment-124818 DaveD Wed, 25 Nov 2009 21:53:25 +0000 http://robchipman.net/blog/?p=837#comment-124818 FUD is variously Fear, Uncertainty, and Doubt, or F***ed Up Data, or other things. FUD is variously Fear, Uncertainty, and Doubt, or F***ed Up Data, or other things.

]]> By: vomitingdog http://www.robchipman.net/november-22-stats/comment-page-2#comment-124817 vomitingdog Wed, 25 Nov 2009 21:33:41 +0000 http://robchipman.net/blog/?p=837#comment-124817 A little justice for US homeowners:   http://www.ritholtz.com/blog/ A little justice for US homeowners:
 
http://www.ritholtz.com/blog/

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