The Dark of the Year

The longest night, the shortest day, the turn of the year – and I think likely the oldest of our human celebrations, once our remotest ancestors began to pay attention to things. They would have noticed, and in the fullness of time, erected monumental stones to mark the progression of the sun, the moon, the stars, the seasons, the light and the dark and all of it. The farther north and south you go from the equator, the more marked are the seasonal differences in the length of day and night. Just north of the Arctic Circle in the year I spent at Sondrestrom Greenland, those mid-summer nights were a pale grey twilight – and the midwinter days a mere half-hour-long lessening of constant dark at about midday. It was an awesome experience, and exactly how awesome I only realized in retrospect. How my ancestors, in Europe, or even perhaps in the Middle East, would have looked to the longer days which would come after the turning of the year; the darkness lessening, sunlight and warmth returning for yet another season of growing things in the ground, and in the blessed trees, when the oxen and sheep, and other domesticated critters would bear offspring. And the great primitive cycle of the year would turn and turn again, with the birth of the Christ added into it in due time.

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Black Lives Matter

It should be a bipartisan truism that black lives matter both in word and in deed. Unfortunately neither party gets it right. The Democrat sin is to not act as if black lives matter. The Republican sin is not to speak as if black lives matter. All in all, I find the GOP error less disgusting and wrong but it is wrong.

In 2013, 14,196 people were murdered or became victims of non-negligent manislaughter. Not all law enforcement forces collect racial statistics so out of the 12,253 murders with race of victim attached, 6,261 were black victims. This is the largest racial grouping of all. The US population is 13.2% black. 77.7% of the country is white.

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Renting Vs. Buying

In the 2007-9 real estate boom and debacle here in Chicago there was a wave of newly built condominiums that swamped the market in River North, River East, the South and West Loop, and even Downtown. For a while the new buildings could do no wrong and then that disappeared into a pool of foreclosures and difficult times for condominium associations as they had to deal with vacant units and those that refused or were unable to pay assessments.

In the 2012-5 period, that same area of Chicago has seen an enormous influx in new buildings, but this time it is different – they all seem to be rental units. Everyone seemed to learn the same lesson; condominiums can be hard to unload in a down market and the prices are highly variable (units sold for fire-sale prices during the nadir and condominium developers lost their shirts if they were holding inventory during that time), so let’s go with renters instead, who derive consistent returns for the building owner and lender.

For a bit I even thought I’d try to put my condo on the market since prices have gone up. I figured I’d just rent for a while and not be exposed to future downturns. But as I looked around for equivalent value to my current condo in terms of location, views, bedrooms and bathrooms, I noted that I’d be paying $4500+ / month for an equivalent space, if I could find it at all (inventory of larger condos in modern buildings in good walkable areas was in fact very low). That just seemed crazy.

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