Friday, April 29, 2016

Oklahoma earthquake rates hit ridiculous levels


Ok, I defined Earthquake Season as 3 M3-ish earthquakes a day, and maybe a 4 once a week.  Today (Friday) it has hit 5 already and looks to hit 6 by the end.  I only round magnitudes to one digit, since the uncertainties are so large.  This is a tremendous rate and I can't see being a steady thing for the Season.  Most likely it will end with something big and then die down for a while.  I find that it boggles the mind to maintain 6 3's a day, which means a 4 every few days.

We had a 3 in Alabama, could be strain projection from OK.  We'll know we are getting a good strain pulse from OK when New Madrid kicks up again.  I still expect a 'closer' next Season.

Toronto Luxury Condos -- The New Urban Wasteland

Toronto condo rents downtown, per person, are up to Palo Alto levels, without the Palo Alto incomes.  I always had hope for the city to be the next Palo Alto, but they are doing everything to stop this, mainly by attacking Uber and making things unfriendly for bright young people.

I am astounded by my son's condo security for letting in two armed gangs, and the fact that they could have a shoot-out at the OK Corral on a floor hallway without anybody calling the police.  That's because the place is deserted.  When I first saw condos going up twenty years ago, the speculators rented them out to students.  The profits were so huge, they could afford the wear and tear on the appliances, and the condo fees.

Now, it's hardly worth it to rent out, and they must get a break on condo fees if it is officially moth-balled.  Since hardly anybody lives there, the security gets sleepy.  The crash will come when people realize that nobody will ever live in those buildings.  A few more gang wars and the renters will flee.

I don't know what to do about the hot money that flowed into Toronto to make it unaffordable, but at least don't kill Uber.  Only the young will brave the gang wars.

Thursday, April 28, 2016

Geotech #11 and 11A

I've followed these very slow projects from the beginning.  At first I just couldn't believe them, and called them a fantasy of my mind.  Now that they are into the thick of things, we'll call them real.  Very good amusement on the dog walk.



The second one was just a sewer relining but they've turned it into a major geotechnical project with their highway-grade access roads.  I'm sure the specs keep changing.



Now, don't you fret that this is taxpayer money.  If they weren't doing this, they'd be doing something else.  :)