mtbiking

but the last weeks have been rockin’

  You can't make this shit up, someone drove from behind against my car today (my wife was driving it, she's fine). It's not a fender bender, I'm getting a professional opinion tomorrow but the trunk's door and the rear bumper + sensors, etc are history and need to be replaced. It's at least 5 or 6 k€, which begs the question shall we do it or cash the insurance money in, sell the car as it is and get a new one now instead of in one or two years. Damnit, decisions to be made. 

I’m always reminded of a scene from Karate Kid (the original and only real one):    - Daniel: You think you could break a log like that? - Mr. Miyagi: Don't know. Never been attacked by a tree before    😛

  I want to be able to carry a lot of stuff without playing Tetris all the time and throw in a bike for good measure. It can be a bit smaller than my Passat but the Tesla is significantly smaller.  I've actually done a round in a colleague's Model 3 some time ago.

getting better and better, I’d order the damn Y version of it for that price today. The 3 is too small for me damnit.

One day more, Les Miserables parody:  https://youtu.be/E4aTjeCP0Lo

  For every analyst shouting buy there's one advising to  sell, for every lobbyist one one side you can be sure there's a counterpart lobbying for the other.

  Around here it's rather expensive houses and expensive company cars in the driveways. 

    Analyists and lobbyists tend to cancel themselves. And yes, housing is considered a basic need in Germany: if you are a resident and truly can't afford your rent anymore the city of Munich will  subsidize it or try to find you a suitable accommodation, and the long waiting times are a big problem. But there's no constitutional right to a cheap, stylish  apartment within 10 min cycling distance from Marienplatz. Having left Lisbon 15 years ago I still think that many, many people are spoilt here and have no idea of how good they have it.

That mostly explains the scarcity in real estate in Munich. I don’t get to decide anything, but I think that “central” Munich is essentially full. They’ll use the available space more effectively when replacing old buildings or factories (see the old Kultfabrik area in Ostbahnof) but that’s mostly it. The area to the west/northwest of the city offers some place to expand and maybe build some high rises but that’s it.   The smaller cities in the suburbs, specially in the south, will continue to grow but with a lot of red tape and discussions as there are many small centers of decision involved and independent from Munich.

In many cases that farm land doesn’t belong to Munich and the cities in charge of it resist to becoming an extension of Munich.

I’m sorry. But overall there’s a big resistance here to that sort of thing and compromises need to be made. I’m from Portugal, as long as money exchange hands mostly no-one stands in the way of a development there and it shows 😕

Ok, and all together what did that bring you? I’m mostly curious. I didn’t sell a single thing but used the largest part of my cash reserves to buy in March/April parallel to my sparplan. I’m basically up on what I invested last year, and the rest is give or take at January last year’s level plus dividends.

  Interesting. When did you get back in and how much did that in the end cost or earned you?

  That's only partially right, sometimes you win by not losing - those who buy a single home to live in it are effectively hedging against future rental and price increases by becoming market neutral.